Word: soviet bloc
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...root of the new policy is an outmoded concept of the Soviet bloc as a monolithic political entity, a concept the State Department abandoned years ago. By imposing travel restrictions on these five countries, the U.S. implies that they are all alike and must be treated as we treat the Soviet Union. In the process, American diplomacy loses a valuable tool which might have been used to help dislodge the Eastern European countries from each other and from the Russians...
Despite strong political opposition, President Kennedy has wisely authorized the sale of wheat to the Soviet Union. Reversing the previous ban on grain shipments to the Communist bloc, this sale offers numerous economic advantages...
Barter Is Better. How big are the benefits? Trade between free nations and the Soviet bloc rose 12% last year to $9 billion, and Western trade with Red China was another $1.4 billion. That seems small when compared with total world trade of $141 billion, but it is significant enough to individual Western firms. Richard Thomas & Baldwins, Ltd., Britain's last remaining nationalized steelmaker, is being helped in a period of soft demand by a $2.8 million order that Red China placed last week. West Germany's Howaldt shipyard, which lately has been working below capacity, will...
...granted upwards of $400 million in aid. The U.S. last year supplied 300,000 tons of wheat, which fed 4,600,000 undernourished Algerians, and U.S. aid during the next fiscal year will come to about $40 million. The Communist bloc has so far offered only $12 million, mostly in loans, but last week a top-level Soviet economic mission arrived in Algeria for investigation and discussions. For the present, there seems little danger of the country's slipping into Communism (the small Communist Party was outlawed last November...
With some 125 East-bloc agents arrested every month in their divided country, Germans are blasé about spy stories. But the case that unfolded in a Karlsruhe courtroom last week proved that Bonn's vaunted Gehlen intelligence service had been infiltrated for ten years by the Reds, and that the organization had knowingly hired former Nazis. All three of the men on trial, longtime employees of Gehlen, were also longtime employees of the Soviet Union. By all odds, it was the most embarrassing spy scandal to hit West Germany since...