WAR ECONOMY: Axel & The Axis

The U.S. carried economic warfare direct to Europe last week, barred from further trade with the U.S. 1,800 Axis-owned or dominated firms and individuals in Portugal, Spain, Sweden, Switzerland, Turkey.

The new additions to the growing U.S. black list (now 5,000 names long) were almost identical with Britain's European list.

First name on the new U.S. list, but missing from Britain's, was that of blue-eyed Axel Leonard Wenner-Gren, famed Swedish industrialist. The State Department black-listed him personally, but not his companies.

Wealthiest Swede since Kreuger, Axel Wenner-Gren is a mysterious globetrotter, one of...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!