Word: rublee
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RUBLE offensive by Russia is making headway in Britain. After getting Admiralty approval, an agent for British shipyards is going to Moscow to close a deal for a reported 30 trawlers (which can be converted into minesweepers) and five fish-factory vessels.
For months, the Soviet Union has been dangling the same kind of bargains before U.S. and European businessmen. In their "ruble offensive," the Reds hope to cash in on the growing desire for a vast revival of East-West trade. A year or two ago, when European businessmen could sell...
Despite all the pitfalls of trade with Russia, the clamor for it by European businessmen who are being shut out of the U.S. market will probably increase. To lessen it, the U.S. will have to revise its list of strategic goods, try to eliminate all the borderline products whose export...
The Missing Portraits. In Moscow it was the businessman's turn-previous conferences having starred intellectuals, youth, scientists, writers and musicians. Last week to Russia's capital came some 400 businessmen from all over the world. -"No politics" was the promise: just hard-headed talk among traders anxious...
The Supreme Soviet met to approve a new 477 billion ruble budget, 6% higher than last year, and to be told that taxes will be 10% higher. Some 114 billion rubles (or $28 billion at the meaningless official exchange rates) are listed for defense -20% more than last year.