Word: setbacks
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...reconciliation within the Arab world. Last week King Feisal canceled the licenses of two Egyptian banks in Saudi Arabia-the Bank of Cairo and the Misr Bank-and Nasser retaliated by confiscating all of Feisal's Egyptian property, which is valued at about $47 million. In a setback for Nasser, Tunisia broke diplomatic relations with his puppet republican regime in Yemen, saying that the Sallal government no longer has power to govern the country...
...failure to draw the newspapers' attention was a critical setback, for it indicated that the press, which had given the student leaders their springboard to the general public in December, was no longer interested in vague generalizations about growing dissatisfaction...
...well they might be. Sato's conservative Liberal Democratic Party had entered Japan's tenth postwar election with the expectation of a setback. The government was wreathed in a "black mist" of Cabinet-level corruption charges, harassed by catapulting consumer prices and a hostile press. Besides, there was worry about the reaction of a nervously pacifist nation to Sato's support of the U.S. stand in Viet Nam. In view of all this, many conservatives feared losses of as many as 40 seats in the 486-man Lower House. But when the votes were in, Liberal Democrats...
...tight little group of white businessmen known as the "Bay Street Boys," after the main street of the capital of Nassau. The group's two dozen members controlled both Bahamian commerce and politics through their predominantly white United Bahamian Party. Last week the Boys got quite a setback...
...Bank reopened last month to pay off holders of small savings accounts, hopes rose that the country's biggest bank might soon be out of the crisis that had shuttered it and slowed much of the country's business since October. Last week Intra received a new setback, this time from the courts...