March 12, 1954

USA-IRAQ: Washington, 12 – Next week an agreement is expected to be signed regarding military aid to Iraq so that it can modernize the equipment of its armed forces. Iraq is also expected to participate in the Turkey-Pakistan accord. Iraqi King Feisal arrived today in Karachi. GREEK ECONOMY: London, 12 – The reputable British magazine The Economist has devoted an extensive article in its current issue to the situation in the Greek economy. According to the article, one can no longer complain that Greeks are not taking steps to put their finances in order. According to The Economist, measures have been taken in this direction including the revaluation of the drachma, a restriction on imports and a reduction in the number of public servants. NIKOS FOKAS: New books: «Hunted by Modern Events,» poems by Nikos Fokas, Athens, 1954. NIKOS KAVVADIAS: New books: «On Watch,» by Nikos Kavvadias, Athens, 1954. RALLOU MANOU: Rome, 12 – In view of an imminent performance by the Rallou Manou dance company at Rome Opera House, the newspaper Messagero has printed a long article by Professor Gino Tani on modern Greek dance.

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