World Interest In Far East Projections For 1950
AP specialists assess 1950 prospects across fields from war risk to inflation and deflation. Economic balance remains delicate while major industries show general strength. Analysts describe early indicators in foreign affairs, economics, politics, labor, agriculture, construction, science, aviation, education, sports, entertainment, and culture.
MENTIONED IN THIS ARTICLE
Phis
Associated Press
J. M. Roberts, Jr
Harry T. Alontgomery
Harold Oliver
Norman Walker
Ovid 4
Martin
David G. Baructher
Howard W. Blackesiee
James J. Strebig
David Taylor Marke
Frank Eck
Bob Thomas
C. E. Butterfield
Dorothy Roz
William G. Rogers
Look to the Orient and the world in 1950
World affairs chip away at Cold War lines as 1950 eyes the Orient for major action. Containment expands worldwide with possible Little Marshall Plan moves while Communist China gains recognition. Inflation and debt risk renew wage tensions. Atlantic Pact rebirth may counter. Russia stays wary, Europe shifts toward the West, and spring crisis looms amid US and UK elections.
MENTIONED IN THIS ARTICLE
Orient
Europe
Truman
China
Russia
Germany
Italy
Yugoslavia
Spain
Kremlin
Red horizons top AP poll of 1949 headlines
The Associated Press poll lists Russia and related Cold War themes as the year’s leading stories. President Truman’s disclosure of an atomic energy development in the USSR tops the list, followed by the Atlantic Pact and the Berlin airlift, marking a dramatic year of geopolitical tension.
MENTIONED IN THIS ARTICLE
New York
Russia
Associated Press
Truman
Hiroshima
U.S.S.R
Europe
Soviet
Big Men of 20th Century by John L Springer
A compact survey of 20th century figures across fields. It highlights Winston Churchill Franklin D Roosevelt Mohandas Gandhi Marcel Proust Robert Frost and Adolf Hitler as emblematic leaders and thinkers. The piece notes dramatic scientific and industrial changes driven by numerous notable men and hints at atomic energy advances.
MENTIONED IN THIS ARTICLE
Winston Churchill
Britain
Nikolai Lenin
Russia
Josefh Stalin
Adolf Hitler
Mohandas K. Gandhi
India
Franco May Push Spain Toward Republic in 1950
International News Service reports Franco considering a law decree to reconfigure Spain into a republic with free elections and a bicameral legislature. The plan would also reform labor syndicates curb press censorship and grant amnesty to political prisoners except for blood crimes. Little tangible evidence supports the shift, though signs from high sources point to a major decision.
MENTIONED IN THIS ARTICLE
Madrid
INS
Spain
Generalissimo
Franco
Medina Named Man of the Year for 1949 by AP Editors
Judge Harold R. Medina, who presided over the It top U.S. Communists trial, was chosen as AP Man of the Year for 1949 by editors. The year featured his firm handling of disruptive defense tactics, orderly courtroom proceedings, and key rulings. It covered the trial from January 17 to October 21, with related political and international events shaping the year, including Truman’s leadership and Acheson’s stance on Russia.
MENTIONED IN THIS ARTICLE
New York
Harold R. Medina
U.S
Associated Press
Medina
Federal
Harry S. Truman
Dean Acheson
U. S
Philip Murray
Henry Ford II
Vannevar Bush
Carnegie Institution
Thomas Merton
Ezio Pinza
Truman
The Economy in 1950 Balances Inflation and Deflation
The year 1950 opens with a fragile balance between inflation and deflation. Most forecasters expect continued national prosperity, though below 1949. Activity remains strong but tempered by steel and coal strikes, with potential regional downturns and a slower long term trend from 1948 peaks. Government actions and foreign aid influence spending, taxes, and debt as the economy navigates a delicate equilibrium.
MENTIONED IN THIS ARTICLE
Ing
Democrats hold steady as 1950 politics loom
The Democrats enter 1950 with confidence and warnings against overconfidence while Republicans spar for weak spots in administration policy. High taxes and tariff pushback set the tone as civil rights, social security, and tax debates color the new session. President Truman signals higher taxes, while Republicans push for spending cuts and lower taxes.
MENTIONED IN THIS ARTICLE
Congress
White House
Truman
Labor Peace Likely Despite 1950 Security Push
Labor security for workers will dominate 1950 as Congress faces a House passed social security expansion lifting old age benefits and coverage. Unions may seek company pensions beyond steel and auto, with timid strikes but steady auto contracts. GM’s May expiry and Ford pension move hint at likely peaceful settlements, though John L. Lewis remains an outlier.
MENTIONED IN THIS ARTICLE
Congress
Senate
John L. Lewis
Steel
General Motors
Ford
Also Mentioned on This Page
Far East
Associated Press General News
By John L. Springer
Franklin D. Roosevelt
Hitler
George Bernard Shawn
Tury
Marcel Proust
Robert Frost
Albert Einstein
Thomas A. Edison
Franklin D, Roosevelt
Winston Churchile
George Bernard Shaw
Henry Ford
Mahatma Gandhi
H. Edward Knoblaugh
Generalissimo Franco
Canary Islands
Acheson
Berlin
United States
State Department
Murray
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