Winnipeg Free Press

Wednesday, July 18, 1973

Issue date: Wednesday, July 18, 1973
Pages available: 81
Previous edition: Tuesday, July 17, 1973

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  • Location: Winnipeg, Manitoba
  • Pages available: 81
  • Years available: 1872 - 2025
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OCR Text

Winnipeg Free Press (Newspaper) - July 18, 1973, Winnipeg, Manitoba 20 Winnipeg Fri Hiss. Wednesday july u. 1973 Eastern european economics changing by Jonathan Steele London special the guardian beneath Thi great Arch of new economic links which the soviet Union i now Busy forging with the West some Subtle changes in Eastern Europe s Trade will Moscow seem to be emerging. The area s heavy Reliance on the soviet Union for Energy supplies is beginning to Dimin ish. In its place the Sovichf Union is pressing for closer in in the Exchange and joint production of Machin cry and advanced engineering goods. After years spent vainly try ing to persuade its Eastern european partners to pay More for soviet supplies of Oil and Gas Moscow has been showing increasing signs of impatience. It now sees the Prospect of a better Deal with the West. One of the factors has been the Sharp Rise in the Cost of get Ting the soviet Union s Oil Gas and Coal put of the ground and transporting them to Eastern Europe. Although the country s fuel reserves Are vast they arc some of its most inaccessible regions. At the moment Siberia provides Only a Little Over 10 per cent of the soviet Union s Energy needs. But As the Oil Fields in Azerbaijan and other Energy sources in the urals run Down Siberia will have to do More. Even if they had the will. Eastern european coun tries have neither the capital nor the technology to exploit the territory. Hence the soviet approach to Western corporations. Roughly half the soviet Union s exports of Oil already go to buyers outside com econ. This trend May grow since the soviet Union is anxious for the advanced machinery and High Quality consumer goods it can buy with the hard currency earned. For its part the West is showing an increasing eagerness to buy soviet Oil. Bri Tain has dropped its last restrictions on importing Oil from communist countries. The so Viet Union gets a higher Price in the West than it gets from is allies. The Eastern european coun tries have been getting a surprisingly favourable Deal out o Micir Energy supplies from Thi soviet Union for the past years. The contract prices calculated for their imports of so Viet Energy Are based on an average of the world Price Over a number of years. Since world prices have been rising sharply in recent years this Ong term average was some Way below the current Market Irice. Eastern Europe has traditionally paid for these imports by Selling finished products and consumer goods to the so Viet Union. Moscow has begun o complain quite sharply to Hungary and Czechoslovakia in particular that the stuff they Send is too shoddy. In a recent article in the czech newspaper Svoboda a High soviet official vote we will not buy any oods which you cannot sell in take off fat with Home recipe plan it s simple How one May lose pounds of unsightly fat right in your own Home. Use this Home recipe dietary plan. It s easy no trouble at All and costs Little. Just go to your drug store and ask for Natan reducing plan. Pour liquid into a pint bottle and add enough Grapefruit juice to fill the bottle. Take two tablespoonful twice a Bulky fat and help regain slender More Graceful curves if reducible pounds and inches of excess fat Don t disappear from neck. Chin Aims hips Abdomen calves and Ankles just return the empty car ton for your Money Back. Follow this easy Way endorsed by Many who have tried this plan to help bring Back alluring curves and other markets. The goods you Send us must be first class. For some time Moscow has been trying to alter the Lance in its Trade of Energy for finished products by encouraging its com econ partners to in Vest in the extractive Indus tries in the soviet Union. Some projects have gone ahead but they Only account for a Small proportion of total production. At the latest com econ Summit in Prague earlier this month there was Marf talk of atomic Power. This is not a new subject. As Long ago As the late 1950s the plans for the first czechoslovak nuclear Power station to be build with soviet help were made. It finally began operate i n g this year. Increasingly now As Eastern Europe enters the motor car age and demand for fuel grows rapidly Eastern european countries Are looking outside the area. Imports from Africa and the Middle East Are rising. Hungary Czechoslovakia and Yugoslavia Are build a joint pipeline from the Adriatic to transport imported Oil. According to estimates made by a hungarian economist in the journal Valosay by 1980 i Eastern Europe will have to import Between 19 and 21 per cent of its anticipated con sumption of Oil and perhaps As much As 18 per cent of its requirements of natural Gas. Al though the soviet Union is in creasing its supplies of both commodities in line with co Melon s integration program these will not keep up with de Mand. The percentage share will fall. The soviet Union obviously has a political interest in remaining the predominant sup plier of Energy to Eastern Europe even if its share of the Market is now about to drop. As a counterweight it is now eing suggested that the soviet Union would like to see an in crease in the amount of inter dependence in other Fields particularly engineering. Naran reducing plan. If your first Purchase does not Iho you a simple easy Way to bloat disappears How much better you feel. 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Grant Parr ply Tea him them stores if you take away our Low prices you be got a regular department store Capitol world s top Sellers . Playground in Paul Mccartney. Speedway. Pedrou Pink Floyd. Dark Side 01 Shirley never Moon never never Skylark 2 record set special the Many moods of love Andre Previn Andre Kostelanetz Johnny Mathis. Tony Bennett Percy Faith aft others. All on a double play track tape. Ria 8-track Topes Elvis Presley Eddy Arnold cd Charley Pride Henry Mancini to "5 name just a . 8 track tapes from Ampex for this unbelievably Low Price you can get an 8-track tape featuring Hugo Montenegro Al Caiola. The m a american pops orchestra and More in .0. Quality 8 track tapes top names Melanie the stampedes Billy Vaughn Shana a the cd Partridge family and Many 10. Others. 2 up sets All your Favourite artists Steve Lawrence eydie Gorme. 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