Word: trade
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Dates: during 1950-1959
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...President, the idea of double-damning Japan by limiting exports to the U.S. and preventing trade with "any of the great area" (i.e., Red China) close by across the China Sea seemed foolish. "You just block them, and they have no place to go except in the arms of somebody where we don't want them to go." Ike's reasoning invited a second question: Was the U.S. preparing to bring China trade controls in line with less stringent controls on trade with the Soviet sphere of Europe? Always unwilling to announce policy shifts...
Since 1950 Western trade with the Communist orbit has been supervised by the Consultative Group, a 15-nation organization whose working committees COCOM and CHINCOM, maintain lists of items that can be marketed to the Soviet European bloc or to Red China, and in what amounts. The U.S. is prepared to negotiate off the stricter Chinese list such items as its fellow members, particularly Britain and Japan, want to remove. As a quid pro quo, and to help narrow the gap between the two sets of controls, some additional items may be added to the list covering the Soviet European...
...Senator Styles Bridges can be persuaded to go along. To win approval, one important point in U.S. policy had to be re-emphasized. The move is being made only to help other Consultative Group nations ease their economic problems", but the U.S., which enforces a complete embargo on U.S. trade with Red China, will continue that embargo...
...intemperate demands of Arab nationalists and the soberer counsel of those who recognize that France still has a considerable hold on Morocco's purse strings. The dominant Moroccan political force, stoutly behind Mohammed V, is still the Istiqlal, a party whose leadership is largely intellectual, membership mostly trade unionist. But one of Mohammed's problems is how to balance its laicist modernists against the conservative religionists of the medinas and the rural areas. Chief of the Istiqlal, and probably the most popular man in Morocco after the Sultan himself, is Allal el Fassi, a fire-breathing orator...
Waiting for Money. After Morocco got its independence, the economy staggered under the flight of French capital. Industries have slowed down, the tourist trade has fallen off. By unhappy coincidence, drought has parched the fields, and a slim harvest means hunger, discontent, and a flight from the starving countryside into the already bursting bidonvilles. Morocco is also confronted with the need of developing its own administrators, technicians and civil servants (the government's daily business is still conducted by some 11,000 Frenchmen). A crash educational program has been devised: private houses converted into schools, teachers drafted...