Word: traded
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Dates: during 1960-1969
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...support of the U.S. position in Viet Nam, Wilson was booed by Britniks as he read the New Testament lesson in a Brighton church, but the most bitter criticism came from trade unionists within his party. They argued that the whole labor movement would die if unions no longer had the right to bargain for higher wages. Six hundred auto workers massed outside Wilson's hotel in Brighton. "Wilson, you traitor!" they shouted. Inside the Labor conference, Frank Cousins, the boss of Britain's biggest union, the Transport and General Workers, fumed defiance. "We shall...
Ivan's Future. The Kremlin's gropings toward ruble sanity have not gone unrecognized in Washington. Last week President Johnson, moving to ease East-West tensions, announced a dramatic liberalization of trade with Moscow and the satellites, removing hundreds of items from the list of goods that American businessmen have been prohibited from selling the Communists. Among them: machinery and equipment, whose purchase is to be financed by the U.S. Export-Import Bank, for use in the Fiat automobile factory in Togliatti. There may yet be a Ford in Ivan's future...
...toward world monetary reform. The so-called Group of Ten industrial nations has been creeping toward some sort of reform that would create a new reserve in case the $69.6 billion in gold, dollars and pounds sterling now available to settle international payments becomes insufficient to back growing world trade...
...another European nation, Holland is caught between an expanding economy and an inadequate labor force. Unemployment is a negligible one-half of 1%, 70,000 foreign workers have been imported, and the ratio of available jobs to available men presently stands at 5 to 1. Thus, in 1964, Dutch trade unions negotiated an annual 15% wage hike. Last year came another 11%, this year 10.5%, and in negotiations going on for next year, the unions are demanding still another...
...almost anywhere else in Europe. Per-capita consumption of jenever, the Dutch gin, and of beer and wine has jumped 50% . AMSTERDAM SWINGS Too, boasted a Dutch newspaper, reporting the Carnaby Street look among the city's towheaded boys and miniskirted girls. Demand for consumer goods has set trade figures whirling like windmills. A Dutch surplus of $14 million in trade with West Germany during the first half of 1965 has turned into a $74 million edge for the Germans this year. The Dutch always run a deficit with the U.S., but this year the red-ink total...