Word: africa
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Dates: during 1960-1969
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...Rhodesia declared its independence in 1965, Wilson's war of economic sanctions has cost Britain an estimated $500 million in lost trade with Rhodesia. The failure of the sanctions has diminished Wilson's stature at home and Britain's standing with its Commonwealth allies. With South Africa's aid, Rhodesia has weathered the sanctions and could for all practical purposes simply declare itself a republic. It is already preparing a new green and white flag and a new constitution that would guarantee white supremacy forever...
...black nations in the Commonwealth and, humiliatingly, ask the United Nations to withdraw its sanctions. Also, he presumably does not wish to be remembered as the Prime Minister who consigned Rhodesia's black majority to the same apartheid fate as that endured by the blacks of South Africa...
These overseas Chinese are the cadre of Taiwan's small but surprisingly successful technical assistance program to underdeveloped nations in Africa, the Middle East, Asia and Latin America Begun in 1961, "Project Vanguard, run with little publicity on a shoestring budget of $5,000,000 a year, today has 1 239 technical experts in 27 countries...
...honest opinions of an Irishman who has been around a bit. "It's just like any other war," he says, "they never solve anything, it never does any good." The war's origin is simple, he feels: "the Ibos were right to secede. They're smart, the smartest in Africa, they have all the doctors and lawyers." Though the origin of the war is tribal, its continuation may be due to intervention, he says, noting that "there's a lot of oil under Biafra," and that the oil might have something to do with English support for the Nigerians...
...free-market price and thus reward speculators against the dollar, the idea has gradually won strong backing among European bankers. Many worry that the value of their own hefty gold stocks would be lowered if the free-market price should slip below the official price. The larger South Africa's gold pile grows, the more nervous the bankers get, fearful that the great golden overhang might somehow cause the free-market price to collapse. Some see South African sales to the IMF as a clever way to let European countries increase their own gold reserves without violating the March...