Word: importance
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Dates: during 1940-1949
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...handsome German import-export banker who inherited his prosperous business thought currency restrictions silly because they interfered with some of the bigger deals...
...from the U.S. The U.S. is hardly less interested in the subject than the Latins themselves. Since 1942, the U.S. has sent south $796 million in Lend-Lease and Export-Import Bank loans; Latin America is peppered with U.S. technicians lent to help the other republics strengthen their economies. So Secretary of State George Marshall understood that Bodet spoke sound doctrine in his conference speech. But the U.S. wanted a defense treaty first. It would then be willing and ready to tackle economic problems at the Bogota conference next January. The U.S. view seemed likely to-prevail. At week...
Canada cast up its accounts for half a year's trade with the U.S. and the figures were shocking. June shipments of $175 million had boosted the half-year import total to $981 million. Against this, Canada had sold only $482 million worth of goods to the U.S. The staggering adverse balance of almost half a billion in U.S. dollars made a big dent in the Dominion's war-hoarded reserves, even though hard-pressed Britain helped out by paying Canada in U.S. dollars for $220 million worth of food. The Bank of Canada's Graham Towers...
...come to talk business in a country where U.S. investments of $611,000,000 are second only to Britain's. He had a chance to see, in a plant such as Volta Redonda (steel), the sort of thing for which the U.S. had put up Export-Import cash. When he talked, he talked straight. Brazilians...
...this the beginning of the end of the export boom? Some exporters thought it might be. They had watched import restrictions and licensing systems mushroom all over the world. In its Monthly Review, issued last week, the Federal Reserve Bank of New York told...