Word: important
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Dates: during 1950-1959
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...Adnan Menderes seems to feel that even a little is too much, and that he can never have too many clubs to beat the press with. Last November he invoked the well-worn dictator's device of taking over control of all newsprint. Newspapers were forbidden to import any newsprint of their own, thus leaving them at the mercy of the government, which runs Turkey's paper mills. The independent Cumhuriyet of Istanbul is kept down to two or three days' supply of newsprint, thus keeping the editor under a dangling Damocles' sword. The opposition Ulus...
Even as Venezuela makes the tricky passage from dictatorship to democracy, pressure mounts in the U.S. Congress for a measure that would deal Venezuela a hard economic blow. U.S. crude-oil import restrictions, now on a voluntary basis that has already pinched Venezuela painfully, may be tightened and made mandatory. Unless all Venezuela understands the facts of the dropping oil market, restrictions may seem like U.S. disapproval of Venezuela's democratic trend...
...Vassa coffee shop was the start of a new and radically different EOKA attack on British rule in Cyprus. Colonel George Grivas. who heads EOKA, issued a leaflet announcing that he was "raising the banner of passive resistance," peremptorily ordered a boycott of British football pools and such imported British goods as cigarettes, shoes, whisky, soft drinks and sweets. Proclaimed Grivas: "Britain is sucking away the sweat of the Cypriot people. She digs her hands into their pockets and takes their money in the form of import duties, taxes, and fines...
European nations, well aware of the old saw that when the U.S. sneezes the world catches pneumonia, have been anxiously taking their economic temperatures. While inflation has been checked in most countries, there have been only a few scattered sniffles so far. One big reason: U.S. imports have remained high, chiefly because of an increasing demand for small European cars, while exports have dropped. If the U.S. recession ends this year, European businessmen feel that they will not be affected, just as they were not affected by the 1953-54 drop. Items: ¶Britain's exports are booming (cars...
...heating oil are still far above last year's level; gasoline stocks are at an alltime high. Refiners in Oklahoma and Texas have been forced to cut crude prices, and pressure is building up for a further slash in Oklahoma allowables. Domestic producers blame the situation on heavy imports, but importers are complaining that their quotas under the Government's voluntary-import quota program are not high enough to enable them to operate efficiently. While imports of petroleum and oil products reached a record high of 1,897,500 bbl. at latest report, the Government did not consider...