CURRENT INTELLIGENCE BULLETIN - 1954/08/10

Document Type: 
Document Number (FOIA) /ESDN (CREST): 
03000924
Release Decision: 
RIPPUB
Original Classification: 
U
Document Page Count: 
4
Document Creation Date: 
August 20, 2019
Document Release Date: 
August 30, 2019
Sequence Number: 
Case Number: 
Publication Date: 
August 10, 1954
File: 
Body: 
Feri, tfifFeApproved for Release: 2019/08/13 C03000924 / / 10 August 1954 3.3(h)(2) 3.5(c) ///A Copy No. SO CURRENT INTELLIGENCE BULLETIN DOCUMENT NO. 3 NO CHANGE IN CLASS X fl DECLASSIFIED CLASS. CHANGED TO: TS S C NEXT REVIEW DATE � 0 AUTH: HR 70-2 DATE: I /Tot% go REVIEWEI Office of Current Intelligence CENTRAL INTELLIGENCE AGENCY roEGREz_ f Approved for Release: 2019/08/13 C03000924 Approved for Release: 2019/08/13 C03000924 '44.611 SUMMARY FAR EAST 1. Comment on Peiping's acknowledgment of flood disaster (page 3). NEAR EAST - AFRICA 2. LATIN AMERICA 3. Comment on political instability in Paraguay (page 4). * * * * 10 Aug 54 CURRENT INTELLIGENCE BULLETIN Page 2 Trt14-c.grip im Approved for Release: 2019/08/13 003000924 Approved for Release: 2019/08/13 C03000924 FAR EAST 1. Comment on Peiping's acknowledgment of flood disaster: Peiping on 8 August admitted that flood damage this summer amounts to a major disaster. Six percent of China's culti- vated land--about 15,000,000 acres--is now said to have been inundated. This land, most of it in the rich rice area of Central China, normally grows over ten percent of China's annual food crops. The Chinese Communists appear to have been genuinely surprised by the duration and extent of the flood. They, may have been lulled in late July by a temporary drop in the Yangtze water level at Hankow. The river started rising again, however, in early August while rainfall continued heavy. By 9 August, the water level at� Ha,nkow had risen to a level 40 inches above the previous high mark reached in 1931. So far, Moscow propaganda has been silent on the flood and no offer of relief is known to have been made by the USSR. NEAR EAST - AFRICA 2. 10 Aug 54 CURRENT INTELLIGENCE BULLETIN Page 3 tr-113--QT.LC`P Approved for Release: 2019/08/13 C03000924 Approved for Release: 2019/08/13 C03000924� *iglie I k__,)1' K t. I LATIN AMERICA 3. Comment on political instability in Paraguay: Various conflicts within the dominant Colorado Party in Paraguay are seriously straining the facade of unity which the party has tried to maintain since the army rebel- lion in May. If intensified, these conflicts and personal rivalries could lead to another revolutionary attempt. The American embassy in Asuncion has noted signs of growing discontent which may cause trouble to president-elect General Stroessner, who is to be inaugurated on 15 August. Although Stroessner is reported to control the political situation as well as the armed forces, there is increasing criticism of him for permitting a controversial figure to head the Central Bank in the current provisional government. 10 Aug 54 CURRENT INTELLIGENCE BULLETIN "PT Approved for Release: 2019/08/13 C03000924 Page 4