Word: mideast
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...Lord Plushbottom." Not the least of the elements of the power that exists in the Mideast is Admiral Holloway himself, a "black-shoe sailor," (i.e., no airman), whose square, salt-cured features are often belied by a suave, diplomatic air that sometimes spills over into pomposity. In civvies he sports a Malacca cane. He is something of a connoisseur of wines. He interlards his conversation with phrases out of Dickens or Thackeray, loves to write what he calls "erudite letters" (favorite word: vouchsafe). "If he will ever be known for any command, it will be for his command...
Counterbalance? Seldom was a guest from a small country more welcome. The State Department saw the nationalism of his year-old country and the promise of his African leadership as a possible future counterbalance to rampant nationalism spreading from the Mideast. Beyond such practical prospects, the vigorous, fit-at-48 African leader seemed to give his Nasser-stung hosts a timely, personal reassurance that they have not become the world's abominable rich uncle. He knew all there was to know about the evils of U.S. segregation because, as a young student just in from Africa's Gold...
Careful to keep his in-between position clear to one and all ("Nasser is a friend of mine"), the Prime Minister laid down at the National Press Club one tough-minded neutral's way out of the Mideast impasse: "1) the substitution of a United Nations force for the American troops now in Lebanon, 2) the holding of free elections under U.N. supervision, and 3) the subsequent establishment of Lebanon as a free and independent state with the status of neutrality internationally guaranteed on the analogy of Austria...
Wars and rumors of wars usually cause commodity prices to rise. In the first 60 days of the Korean war, commodities went from 146.53 to 179.54 on the Dow-Jones commodity futures index. The current Mideast crisis has brought no such rise. In the two weeks since the Iraqi coup, the index actually eased down from 156.64 to 156.63. Said R. G. Patterson, director of Lamson & Sessions Co., a Cleveland metal fabricator: "We see no signs of scare buying. Nobody is excited...
...times that much. Iraq provides only between 9% and 10% of Great Britain's total oil requirements, though it does ship about 34% of France's current supply. Any cutoff of its oil could easily be made up by cracking the taps a fraction wider in other Mideast fields, such as those in Kuwait and Saudi Arabia...