Word: suez
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...attack on Husan was less a guerrilla raid than a full-scale military operation. Though carried out while Nasser was preoccupied with Suez, and their own government overwhelmingly preponderant on its borders, the Husan affair made many Israelis fearful of the consequences. Said a Jerusalem butcher: "Eight Jewish...
Minister Eden-Christ Church men at that, should countenance "this thing." He added darkly: "Duncan Sandys, brash, hard-faced, inhuman man that he is, was doubtless able to push it through because the Cabinet was exhausted by the Suez crisis...
...Lord Cherwell, Sir Winston Churchill's top wartime brain-truster and now adviser for Britain's atomic-energy program, issued a statement solemnly urging that a Royal Commission be appointed to study the matter. After such a body had deliberated a few years, the menace of the Suez Canal crisis would undoubtedly have passed, and the 35 Christ Church men in the House of Commons might again be able to turn their energies to the menace of the Sandys road...
Wall Street's professionals were full of theories, laid the decline to a combination of the Suez Canal crisis, tight money, technical factors in the market and a sudden spate of stories touting Democratic chances in November. Some market .analysts raised the specter of a bear market, but most of the pros said no. Said Benton & Co.'s Albert Tompane, a leading U.S. Steel stock specialist: "Money has been tight all summer. People haven't got excess funds. The bull market is leveling off, but we're not in a bear market, and the economy...
...gold and dollar reserves before the pound is strong enough for convertibility. In Britain's economy, beset by inflation, imports have risen more than exports, until gold and dollar reserves have slipped from $3 billion in 1954 to $2.2 billion this year. They may dip lower if the Suez crisis forces Britain to buy oil from the dollar area. To right the balance, West Germany argues that Britain should devalue its pound, thus make British goods more attractive for export customers. But Britain has no intention of devaluing, instead hopes to solve her problem by stemming inflation and lowering...