Word: trade
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Dates: during 1950-1959
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...only downward. His soldiers and cops shot down political opponents and students. By spending uncounted millions on arms and post-exchange luxuries aimed at keeping his military supporters loyal, he used up most of the coffee-prosperous country's-gold reserves and ran up an exorbitant foreign-trade debt. As Colombia went broke, Rojas grew rich. He made himself the nation's No. 1 cattleman, using loans from intimidated banks. He exported millions to haven abroad...
Village & Bush. Africa's riches, such as they were, flowed down effortlessly to the traders on the coast. But the fact that, beyond a trickle of gold and ivory, the marauding chieftains of the interior had only human bodies to offer in trade was evidence of the real poverty of the people within-an ill-fed, disease-and fear-ridden race. To the African tribesman, whatever his ancestry or point of origin, the realities of life were pretty much the same all over the land. They consisted primarily of the village and the bush-the clearing in the forest...
...more for their food, fuel and transport since the Suez crisis, the tourist-conscious Britons have kept restaurant and hotel prices at the same level as last year while raising the quality of tourist meals. In London, one Mayfair pub owner has installed a charcoal grill for the U.S. trade...
...Asia, more and more Americans are searching out lightly traveled Shangri-Las, and are willing to trade off some comfort for new romance. After hundreds of years of isolation in the Himalayas, Nepal's Katmandu is opening up to venturesome tourists. Now peaceful, Viet Nam next month will open a hunting bureau in Saigon, with safari guides, rifles and elephants for hire. Package price for hunting panther, tiger, elephant, buffalo, bear: $8 a day. In all, 115,000 Americans will travel in the Pacific-a gain of 15% over last year...
FARM BARTER PROGRAM, by which U.S. since 1949 has contracted to trade more than $850 million worth of agricultural surplus for strategic materials from abroad, is being suspended, may be cut out entirely. Government thinks barter deals have displaced dollar sales of farm goods instead of creating new foreign markets, stepped up competition for domestic mining industry instead of reducing...