Behind The News In The World Of Business
Leslie Gould argues that the United States has lost its favorable trade balance due to government programs. He claims the nation now runs a trade deficit as imports exceed exports, citing August figures of 761 million dollars exported and 819 million imported. He labels the situation a fundamental misalignment driven by policy.
MENTIONED IN THIS ARTICLE
New York
Washington
United States
U.S. foreign aid and trade deficits amid postwar concerns
The piece argues that 272 million in foreign aid includes 51 percent for arms shipments to Western Europe, producing an actual deficit of 330 million. It cites last year’s 5.357 billion trade surplus, eased by 6.016 billion in aid, leaving a net deficit of 659 million. Britain and Commonwealth nations benefit from U.S. giveaways while marking up raw material prices.
MENTIONED IN THIS ARTICLE
Western
Europe
Department of Commerce
Britain
ECA
England
Commonwealth
U. S
Rive away program send token or no fighting forces
The fragment notes a copyright line from 1950 King Features Syndicate and mentions a program related to a token and fighting forces, but readable context is unclear and no further facts are discernible.
MENTIONED IN THIS ARTICLE
King Features Syndicate, Inc
Kiel says brakes caused collapse. witnesses back claim
Glen D. Kiel, 24, told police he merely braked and a building fell on him. Witnesses supported his account, saying Kiel skidded on tracks, struck a curb, and knocked out construction company building supports.
MENTIONED IN THIS ARTICLE
Grand Rapids, Mich
Glen D. Kiel
Kiel
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