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SUGAR MARKET

Prediction By Castro (N.Z Press Assn.—Copyright) HAVANA, Nov. 28. Cuba will dominate the world sugar market by 1970 and drive out “bourgeois producers,” the Cuban Prime Minister (Dr. Castro) said last night, the Associated Press reported. Although he admitted Cuba’s last two harvests had been poor and the next one would be also, Dr. Castro told a radio audience that production would rise to at least 10 million tons annually in seven years. Unless world demand increased substantially, lower prices would follow and ruin high-cost capitalist producers, he said. Cuba would not enter into any production agreements “Our bourgeois competitors will realise they cannot compete with us and that we will have a ’sugar atomic bomb,’” Dr. Castro said.

Rocket Test

(N.Z. Press Assn.—Copyright) LONDON, Nov. 28 The Soviet Union says it will have a major rocketlaunching programme in the Pacific between December 2, 1963. and January 25. 1964. “New and improved versions of booster rockets for space vehicles will be tested."

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19631130.2.103

Bibliographic details

Press, Volume CII, Issue 30302, 30 November 1963, Page 13

Word Count
164

SUGAR MARKET Press, Volume CII, Issue 30302, 30 November 1963, Page 13

SUGAR MARKET Press, Volume CII, Issue 30302, 30 November 1963, Page 13

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