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...conference. Thus it could offer little in the way of solid assurance to the Commonwealth nations that will be hardest hit by Britain's admission to Europe: New Zealand. Australia and Canada (in that order of vulnerability), whose economies are heavily reliant on tariff-free exports of meat, grain and dairy products to the British market, from which they may be excluded by 1970. Britain's toughest opposition came from the French, whose own farmers are already hard pressed to unload their high-cost surpluses. Even in Britain a Daily Mail national poll showed 52% were against British...

Author: /time Magazine | Title: World: It Will Be | 9/14/1962 | See Source »

...news agency Tass announced that their maritime cargoes to Cuba this year would double those in 1961. Some ten Soviet ships are now converging on Cuban ports, said Tass, carrying consumer goods from canned food to cars, heavy machinery from harvesters to floating cranes, raw materials from timber to grain. Five more ships for the Cuba run were chartered from owners in four NATO countries -West Germany, Norway, Greece and Italy. Khrushchev's evident decision to support Castro to the limit has already raised Cuba to the position of Russia's third largest trade partner in 1962, after...

Author: /time Magazine | Title: Cuba: Time of Deterioration | 9/7/1962 | See Source »

From the start, Britain has insisted that it cannot join the European community without trade protection for Commonwealth food producers, chiefly New Zealand and Australia, whose grain, meat and dairy exports compete directly with European farm products. Britain is asking Europe's Six to limit their own, costlier food production by keeping farm prices low. However, the Common Market nations would promise nothing more specific than "reasonable" prices, while Britain demands hard and fast guarantees on an issue so vital to the future of the Commonwealth...

Author: /time Magazine | Title: Common Market: What Negotiations Are For | 8/10/1962 | See Source »

...last year grossed $4,170,000 selling liqueurs in a nation that used to tipple on sake and beer only. Now also sold in the U.S. by California Importer Lou Lamishaw, who expects to peddle $2,000,000 worth this year, Kuwabara's liqueurs are based on tasteless grain alcohol, range from crème de menthe to Ocha, an alcoholic version of Japanese green tea. To publicize his line, Kuwabara will send his black-belt boys to selected U.S. watering places this fall. "You see," he explains in fractured English, "a new campaign in an old toga...

Author: /time Magazine | Title: World Business: Personal File: Jul. 27, 1962 | 7/27/1962 | See Source »

...Peking has paid for its grain in sterling, and Australia has bought relatively few Chinese products in return. B. F. Hsu, chief of the Red Chinese trade mission currently in Australia, wants to change all that. "We have helped Australia a lot by taking your grain," says Hsu. "Now we want you to import our textiles, minerals and toys...

Author: /time Magazine | Title: Asia: A Fed Red Is Safer? | 7/20/1962 | See Source »

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