Word: embargoed
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Monstrous Fireball. As the press showing and briefing ended, it was clear that no one expected the week-long "embargo" to hold. Wire servicemen, moviemen and network reporters rushed the film back to their offices as if their deadlines were minutes away instead of a week. They started still pictures and stories moving over the wires and shipped the movies out by the first available planes. At the New York Times, Washington Bureau Chief James Reston advised his home office to be ready for the story to break at any moment...
...called to say they were going to release their stories, since Drew Pearson and the Times had already done so. At 4:30, CBS was on the phone asking: What about the pictures? At 6:45, Hagerty and DeChant finally decided there was no use holding out, removed the embargo entirely. CBS, which had planned to break the release, any way, was on the air with the film at 7. NBC was not ready. Hagerty fumed-along with almost everyone else-at Drew Pearson's apparent breach of faith...
...Randall Commission is expected to lay out a clear program to help them do so by the reduction in U.S. tariffs and freer trade among Western nations. For such a program, 1954 will be the year of opportunity; it may also be a last chance. Last year the embargo on East-West trade squeezed the Russians and their satellites so tightly that at year's end the Soviet bosses could not sell enough goods abroad to buy consumer goods for their empty-handed people; they had to sell gold, and in December alone sold an estimated $85 million...
Back-Alley Boom. The profusion of low-priced local goods displayed in the multicolored stalls was the most hopeful answer yet to Hong Kong's evil spirit-Red China, which is only a few miles away. The United Nations' embargo on trade with China has piled up goods in Hong Kong traders' godowns for want of customers. Exports since 1951 have fallen from 4.4 billion Hong Kong dollars (5.85 to the U.S. dollar) to 2.7 billion, well under the colony's 3.9 billion in imports, chiefly food. Thus the biggest hope for Hong Kong...
Without Hong Kong's cheap labor and the ingenuity of its Chinese businessmen, the U.N. embargo on trade with Red China would have led to mass unemployment in the colony, and in turn to strong pro-Communist sentiment. With the new prosperity, of home-grown industry, Communist agitators are conspicuously out of favor with Hong Kong Chinese...