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Comments on several political and socio-economic issues from around the world. Consequences of the U.S. Supreme Court decision invalidating the gold clause in private contracts; Assessment of the reply made by the German government to the proposal of the Franco-British London Conference; Reaction to the proposal made by U.S. Senator William E. Borah, calling for U.S. intervention on the quarrel between the Mexican government and the Catholic Church; Evaluation of the creation of a neutral zone between the Italian and Abyssinian forces in Africa. more...

Examines the role of agriculture in the industrial revival of the United States. Farmers' argument that business cannot revive until the farmer's condition is improved and his purchasing power increased; Case for the independence of agricultural prices and manufacturing prosperity; Finding that agricultural products led the fall in prices; Prospect for a curtailed output of manufactured goods in Europe; Cooperative nature of the economic order. more...

The article reports that government of Great Britain has relaxed its tight monetary policy in a bid to allow economic expansion. Under the new policy the government cut the bank rate to five percent which were earlier seven. The Conservative government is making both political and economic expansion in a bid to benefit the country's industry. The Conservative party is facing an election in the year 1959 so it is trying to appease the country's businessmen. more...

The article focuses on the Frobisher Bay in Gander, Newfoundland. The place was designated as a refueling stop with the opening of a new West Coast to Europe route through the polar region. The airport for the mean time has only a hangar, no waiting room, no running water or toilets within a quarter-mile. Initial commercial airline customers of the airfield will be Pan American World Airways and Trans World Airlines. Efforts are being made by the Canadian government to convert the place into a usable, commercial airport. more...

The article discusses the obstacles to linking West Germany with the North Atlantic Treaty Organization (NATO), the keystone of U.S.-European policy. It reveals that efforts to enlist West Germany with NATO has been slowed down because of Russia's German tactics, combined with the political and economic climate of the Federal Republic itself. The article examines the political and economic conditions in West Germany, and its relations with other countries, as of May 1952. more...

The article offers information on the efforts made by the central bank of West Germany, Deutsche Bundesbank, to protect the nation from financial crisis. It states that, external financial pressures can cause increase in the domestic interest rates, and can hamper the economic recovery of the country. To save the economy, the central bank of West Germany has bought more than 160 million of bonds in the government bond market. more...

This article explains that the U.S. balance of payment deficits which shrank in the first half of 1961 is widening again in the second half. President John F. Kennedy will have to employ all defenses he can to keep the dollar from sliding. The resumption of the outflow of the dollar will lead investors to question their confidence in the dollar. Kennedy is eyeing control of federal spending as one of its defense for the dollar and the U.S. has started to operate in the foreign exchange market to limit speculative pressure. more...

The article provides an overview of international business as of September 1975. The U.S. sees no need for direct intervention unless Syria commits overt aggression such as cutting oil pipelines crossing Syrian territory or directly threatening by use of force its anti-Communist neighbors. Talks of inflation in Britain fell silent as investors shift from stocks to bonds. European countries feel that a liquidity crisis is forthcoming due to the relative scarcity of funds to finance trade. more...

The article talks about the issues to be tackled during the annual meeting of the International Monetary Fund (IMF) in Washington on September 23, 1957. Expected in the meeting are main discussion points concerning the stability of international trade and the anticipation of an impending international trade crisis. Other issues that the IMF is expected to tackle include the possibility of further adjustments in the exchange rates of the pound and the mark and the threat of a world liquidity crisis. more...

The article focuses on the economic forecasts for various countries. It states that the private oil companies has the biggest role in growing the Italian oil reserves. Moreover, the threats of strikes in Great Britain was lessened as Harold MacMillan, Chancellor of the Exchequer suppressed inflation from the economy. It adds that the chance of the administration leaders to win the approval of the House for the U.S. membership in the Organization for Trade Cooperation (OTC) has been lost. more...

The article discusses the need for the International Monetary Fund (IMF) to find an alternative for its Bretton Woods international payments system that became inefficient starting August 15, 1971. The functioning of the system is essential in identifying the terms of trade between countries. According to the author, the inefficiency of the system began when U.S. President Richard Nixon announced that the U.S. would stop shipping gold in settlement of the dollar claims of other countries. more...

The article offers information on the withdrawal of Japan's investments in Southeast Asia.

The article discusses the significance of the announcement of plans for establishing United Clear Corp. which will engage in the reprocessing of nuclear fuels, and the competition it will pose to the Atomic Energy Commission (AEC). more...

The article discusses the effects of the revaluation of the Deutschemark in March 1961. The 5% revaluation aimed to cause short-term funds to move to London and New York, but it caused funds to move into West Germany instead. The violent movements in the international capital markets are said to indicate the important role played by psychological attitudes. more...

The article focuses on the difficulty of the U.S. Department of Treasury to enforce a ban on gold holdings by U.S. citizens abroad. It notes that the deficit in balance of payments is aimed to be cut by the Treasury Department. It mentions that the ban may allow illegal operators to trade in gold with lesser risk of being caught. more...

Reviews the play "Ondine," directed by Audrey Hepburn.

The article profiles U.S. Treasury Secretary John B. Connally who played an important role in the improvement in the international payments position of the U.S. in 1971.