Word: traded
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Dates: during 1970-1979
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...their dependence on the U.S.S.R. The Castro regime has been moving away from pure Communism and flirting with supply-and-demand economics. There are new incentive programs for workers and a plan to pay interest on small savings accounts. Castro has also dropped hints in recent months about resuming trade with the U S which had been an overpowering force in the Cuban economy until Washington imposed a total embargo in the early 1960s. Washington's reply: no deal unless Cuba withdraws its troops from Africa...
...there is no doubt that the Soviet economic embrace sharply limits any aspirations to independence that Castro might have In the late '60s, Havana was getting restive: unlike other Soviet clients it refused to break relations with Israel after the Six-Day War of 1967; it continued to trade with Franco's Spain and sharply criticized some Soviet policies in Latin America. In early 1968, Moscow retaliated by delaying some oil shipments to Cuba. By no coincidence, Castro then went on Cuban television to endorse the Soviet invasion of Czechoslovakia. Since then he has conformed Havana...
...brisk trade has caused supplies to dwindle, bringing shortages that inflate prices even more. At the International Monetary Fund's regular monthly gold auction on Wednesday, there were bids for 1.6 million troy oz., but only 444,000 were available. The shortage has developed in part because the U.S. Treasury decided last May to cut its regular gold offerings to 750,000 oz., a 50% reduction. The supply gap could widen because the IMF gold auctions are scheduled to stop next May, the Soviets have reduced their sales to roughly two-thirds of last year's, and South...
Until West Germany gained ascendancy as Western Europe's main heroin market, that dubious distinction belonged to Amsterdam, which had dominated the trade following the breakup of the infamous "French Connection" in 1972. But unlike the highly organized drug networks that have operated in France, The Netherlands and the U.S., the West German drug trade is mainly in the hands of individual entrepreneurs selling the stuff on their own. This makes it all the more difficult to stem the tide. Arrest statistics indicate that a very high proportion of the smugglers are Turkish immigrants, who constitute about...
...green monkey disease, the protein value of dura soghum, going without bath water ("I lay in my sleeping bag, cleaning my toes with my toes") and how a country runs on a trickle of gasoline: "So scarce that even when I was being chauffeured in a Ministry of Trade auto, the driver turned off the motor to go downhill...