Word: suez
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...FOREIGN POLICY. "Since the signing of the Korean armistice in 1953, Americans have lived in peace." By its actions in the Suez crisis of 1956 and the Lebanon crisis of 1958, the Administration restored peace in the Middle East. "Communist-dominated regimes have been deposed in Guatemala and Iran. The occupation of Austria has ended and the Trieste question has been settled. Despite constant threats to its integrity, West Berlin has remained free." Cutting some slits in the Iron Curtain, the Administration worked out a comprehensive cultural-exchange agreement with Russia. To help meet the challenge of rising expectations...
...remaining question is whether the new members, though proud of their U.N. membership, will help to make the U.N. too cumbersome for realistic action. In particular, the British (who since Suez have been less enthusiastic about the U.N.) are convinced that Khrushchev is trying to make the U.N. unworkable, and with the unintentional help of the new Africans and Asians, may succeed. British thinking now leans to a search for a new instrument through which the West's powers could act in concert to protect the interests of the free world and, looking ten and 20 years ahead, foresees...
Nevertheless, the Quai d'Orsay was skeptical of a 43-year-old investment banker who was innocent of diplomatic experience. France was in a state of upheaval: Indo-China was falling, Algeria was on fire, and Suez was threatening. Dillon handled himself with unspectacular competence, won French government gratitude at a parlous moment by proclaiming U.S. support of France's "liberal" aims in Algeria...
...mere 2.45%, paid only a grudging $2,000,000 to the U.N.'s Technical Assistance Fund as against the U.S.'s $30 million. They declined to contribute for the United Nations Emergency Force, which was moved into the Middle East after the British-French debacle at Suez. They did not even bother to join such U.N. voluntary agencies as the Food and Agriculture Organization and the Office of the High Commissioner for Refugees, which supports, among others, refugees from Hungary and Algeria. And despite the Russians' crocodile tears over the plight of Arab refugees, they contributed nothing...
...election, the market was sluggish, went into a slump after Truman's surprise victory, picked up again in 1949. In 1952, the market shot up on Eisenhower's victory. In 1956, the market picked up in expectation of Ike's reelection, was hit briefly by the Suez crisis at election time, then picked up at year...