Word: arabism
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Dates: during 1960-1969
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...only one trouble spot-the Middle East-where U.N. intervention is possible, if unpromising. After ten months of mediation by Special Representative Gunnar Jarring, another arms buildup threatens the area. In fact, the Russians have signed an agreement with Cairo providing for massive new military aid beyond replacement of Arab losses during last year's Six-Day War. Shipments are now leaving Russia carrying the first installments of a promised 500 tanks, 200 MIG-21 and MIG-23 jets, and several hundred self-propelled artillery pieces. Meantime, Russian peace proposals, such as the one made public last week, reiterated...
...difficult to argue that it should not be so widespread without feeling that somehow you are being dishonest. After all, the Arab threat is real, both within and outside the country. But if the threat is a fact of life, must it engulf you wherever you go in the country? Must it dominate the silver screen, walk in the streets with you, and be dropped on the beaches of Tel Aviv? Won't a people fight for and believe in their country without this...
Imbalance of Firepower. Cairo's evident intent was to restore Egypt's status among its Arab neighbors as their leading belligerent, and to answer Jordan's complaint that it has borne the brunt of Israeli reprisals. Egypt's newly aggressive stance indicates that its rehabilitated armed forces, if not yet ready for another war, are now confident enough to challenge the Israelis shot for shot at times...
...three-quarters of their air and armored forces and the economic wherewithal to buy new arms. Egypt also lost the cream of its officer corps. The Soviet Union, anxious to increase its influence in the Middle East, stepped into the breach with new planes, tanks and guns. Now the Arabs' military machine has been 80% refurbished and considerably upgraded in quality. Once again, it heavily outnumbers Israel's armed forces in men and firepower. Last week London's prestigious Institute for Strategic Studies estimated that Egypt alone has 700 tanks and 280 heavy guns. Its air force...
...along with gold, as reserves to help underpin the value of their own currencies, using them to bankroll trade and settle international accounts. British pounds constitute the main reserve asset for the 66-member sterling area, which consists of British dependencies and Commonwealth members (except Canada), plus Ireland, several Arab and a few Asian states. When Britain devalued the pound last November, the value of these other countries' reserves fell 14.3% overnight...