Word: mideast
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...commodities go up. Last week the maxim once more proved true. The news from Egypt set off the widest break in the New York Stock Exchange since the President's ileitis attack of June 8. Led by Royal Dutch-Shell. Gulf Oil and other oil companies with large Mideast holdings, the Dow-Jones industrial average dropped 6.62 to 479.85. But when the President pledged "no involvement." the market bounced up again. At week's end the market had more than regained its losses...
...national leaders last July, the policies of East and West still reduce to a pair of incompatible, non-compromising positions on the basic questions of German unification and European security. Meanwhile, the Soviet Union has subverted the Geneva Spirit by such tactics as triggering an arms race in the Mideast and stirring up anti-Western sentiment in North Africa and Cyprus, while Western nations like Great Britain, smitten by Geneva optimism, have reduced the size of their own armed forces. These developments have engendered for the United States new anxiety reminiscent of the Formosa Strait crisis last spring...
...hills now. Not all of them are armed, because arms are hard to come by. There are some women among them-the famed Amazons who fought so valiantly during the Crete battle. They are not fighting-yet. The guerrillas maintain steady communication with the Greek mainland and with the Mideast by couriers who slip...
...installations, spoke to U.S. soldiers with amiable profanity: "I just want to say I'm damned glad to see you. God bless you and give 'em hell." He regretted he could not give U.S. correspondents the latest baseball news (see p. 50). When he rebuked the strict Mideast censorship a reporter cried, "Thanks...
...most important call was at the Egyptian Palace: young King Farouk, waiving protocol, received his guest, still wearing the blue business suit, on the Moslem holy day. His message to King Farouk was doubtless like the one he hammered home everywhere: the Mideast must get on the Allied side of the fence and stay there because "the glory days of Nazi regime are ending; their high tide is reached, and shortly we will see it recede." Then Wendell Willkie went to the Egyptian battlefields, watched German bombers overhead, heard the explosion of German bombs, looked at burned-up tanks that...