Word: suez
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Nasser has already started talks with the British and French to settle Suez claims and restore ties with Egypt's old trading partners. Says a high U.S. official in Cairo flatly: "Egypt's Russian experiment has failed...
...Investment. As its answer to question 3, the fund ended fiscal 1957 with a currency-supporting record that topped the entire previous total of business in its ten-year career. To halt a run on sterling in the Suez crisis, the fund gave the United Kingdom a dollar loan of $561.5 million and stand-by credit of $739 million, its biggest single deal to date. The fund gave temporary first aid to the slumping reserves of countries "with rather ambitious development programs" (Argentina, Denmark, France, India, Japan, The Netherlands). It eased seasonal trade deficits in countries with only one major...
...that village scene after I gave her a paintbox and some brushes. I had some birds, too, carved in rosewood and mahogany--they burn that stuff for fuel over there, you know. I lost a lot of things coming over, though. You know that ship they sunk in the Suez; it had most of my work on it. But I'll add to what's here and later on I hope to exhibit some student work in this room--maybe sell some...
Certain other issues further discourage European confidence in America. The segregation incidents, of course, weigh heavily on Continental consciences, fed by the leftist press and Communist agitators. Across the Channel, Great Britain still harbors considerable resentment over Washington's role in the Suez affair...
...cover the Korean front-one during his month's vacation-and once had to be hospitalized for exhaustion on his return. Last season, between interviews with Nasser in Cairo, Chou En-lai in Rangoon, and Tito on the island of Brioni, he dashed off to cover the Suez invasion...