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...just what the summit leaders conference should accomplish, or how NATO should be changed. West Germany and Italy want each country to confer with its NATO allies before taking any major decisions. Their notion is to restrain such unhappy ventures as France and Britain's sally into Suez. France, which considers that the U.S. and British interfered in the Algerian war by sending arms to Tunisia and is angry about it, will demand just the opposite-hands off at least, loyal support at best, on policies which the individual country deems vital to its own interests. The French...

Author: /time Magazine | Title: NATO: New Need, New Balance | 12/2/1957 | See Source »

Chief reasons for the slowdown are a surplus of oil and light demand. The trouble started during the Suez crisis, when oilmen expanded to meet a big demand that did not come; it was made worse by the failure of the U.S. to increase oil use at a normal 6%-a-year pace. In October, demand, ran only seven-tenths of 11% ahead of October 1956. In this softening market, the oil-rich states are holding down the amount of allowable production to hold up the price, and offshore oil has been cut by the general slash. The State...

Author: /time Magazine | Title: OIL: Stalled Offshore | 12/2/1957 | See Source »

...potentialities of the Air Force to the fullest to meet the new day's threats. There are other ways to make the most of airpower, and the U.S. is aware of all of them. A year ago, when the Russians threatened to send volunteers to exploit the Suez crisis, the U.S. sent Moscow a private hands-off warning -and sufficient SAC bombers took the air to make the warning effective. The Russians quit talking about volunteers. SAC's bombers can be moved to forward bases to make political points (and to be read on enemy radar) just...

Author: /time Magazine | Title: ARMED FORCES: The Power For Now | 11/25/1957 | See Source »

...gulf was an international waterway until proved otherwise had achieved the same result and stirred far less Arab rancor. Israel had its port, was taking full advantage of its busy new trade route to Africa and the East. Nasser had even allowed some Israel-bound cargoes through the Suez Canal. And at week's end Israel opened the Lake Huleh reclamation project, designed to drain 15,000 acres of malarial swamp that lie partly in the neutral zone along the Syrian border. In its six years of construction, Syria had repeatedly complained to the Security Council about the project...

Author: /time Magazine | Title: ISRAEL: The Insignificant Bomb | 11/11/1957 | See Source »

Discussing British public opinion at the time of the Anglo-French invasion of Suez last year, which he described as "a national aberration" on the part of England, Nicholas mentioned the brief flare-up of anti-U.N. feeling. He emphasized that the British now support the U.N. as strongly as they had before the crisis, and that British relations within the United Nations were, surprisingly, as friendly as ever...

Author: NO WRITER ATTRIBUTED | Title: Oxford Fellow Speaks on Britain, Mideast; Cites 'Latent Uneasiness' About U.N. Role | 11/8/1957 | See Source »

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