Word: spain
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Dates: during 1950-1959
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Since the 1953 agreements between the U.S. and Spain were established, the economic aid "pumped" into Spain has amounted to $928,361,000, not $2 billion. These include defense support, PL 480 sales, Export-Import Bank and DLF loans...
...joint committee of American and Spanish officials to determine the priority and ultimate destination of these dollars, which are allocated to furnish the Spanish economy with raw materials, food, heavy and light industrial equipment and transport items-those goods that are most urgently needed by Spain. The held opinion in the Administration, in Congress, and in my country is that the Spanish-American program is one of the most efficiently run, ably planned, and carefully supervised programs carried out by the International Cooperation Administration...
...Ambassador of Spain...
...Spain & Portugal. Both nations are now in the restless stage before an aging strongman surrenders authority (after 27 years for Salazar, 22 for Franco). But in each, the anxiety to avoid violence will probably prevent a revolution-or the injection of much democracy...
...face the unpleasant facts. Last week he agreed to a sweeping austerity program in order to qualify for "at least $200 million" in credits from the International Monetary Fund and two other agencies, including' an undisclosed amount from the U.S., which already pours $200 million a year into Spain. Among the austerity reforms...