Word: important
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Dates: during 1950-1959
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...arranged the firing of overscrupulous Cabinet ministers who interfered with her brothers' shady export-import transactions...
...Dulles with cool logic coupled his case for joint anti-Communist measures ("There is not a single country in this hemisphere which has not been penetrated by the apparatus of international Communism operating under orders from Moscow") with the prospect of U.S. economic cooperation (more technical aid, continued Export-Import Bank loans, no price ceilings on coffee). The Secretary made no reference to Guatemala, the one country where Communists are gaining steadily in influence...
AUTOMAKERS are pulling out of India because of government import restrictions aimed at building a domestic auto manufacturing industry. Both General Motors and Ford of Canada will close down their Bombay assembly plants, the first and second largest in India...
...Korean war, U.S. Army special procurement orders for supplies have dropped 70% from the $32 million-a-month average in the first half of 1953. Japan's industry is burdened by crushing bank loans; labor and raw materials are skyhigh. With fewer dollars than before, Japan must still import a minimum of $400 million worth of basic foodstuffs each year, and her exports are falling behind imports by $240 million a year. The result is that Japan's economy seems on the road to collapse. In 14 months, her foreign-exchange reserves have sunk 18%, from $1.1 billion...
...They want assurances that the U.S. will grant more loans and technical aid. quit complaining about high coffee prices, promise to hold down tariffs, give them some sort of parity price program for their raw materials. Some U.S gesture−an announcement, for instance, that the U.S. Export-Import Bank would reconsider the decision against making further Latin American development loans−may be necessary in this atmosphere if Dulles is to win support for his anti-Communist program...