Word: asia
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Dates: during 1960-1969
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...thing, the United States, whatever concessions it makes to South Vietnam's Communists, is likely to insist on the military inviolability of frontiers throught-out Southeast Asia. Washington knows that the 1962 Laos agreement has been severely undermined by Hanoi's infiltration of troops and material along the Ho Chi Minh trail. More important, the State Department will probably feel compelled to vindicate the principle the President invoked in 1965 when he first sharply escalated the U.S. commitment in Vietnam. At that date, and with unswerving conviction ever since, the U.S. insisted that it only wanted the Communists to "leave...
Other issues will bedevil the peace makers. They will included guarantees of basic civil and political liberties to the "losers" inside South Vietnam; the dismantling of American military bases in South Vietnam; the extent of America's future military commitment to pro Western nations in Southeast Asia; and the initiation of regional economic cooperation--and internal political democracy--to eliminate the wretched social conditions which underlie the 27-year-old peasant revolt throughout Vietnam. Thus, if the United States intends to avoid a "fake" solution in Southeast Asia, its leader--whoever is elected to succeed President Johnson--must make...
Sadly, the performance of American diplomats anxious to end wars in this century is replete with subsequently catastrophic evasion and procrastination. Southeast Asia--and, more important, the United States--cannot now afford such a cavalier attitude toward the task of extracting a durable peace from the rubble...
...week, as the first six of the new planes made their combat debut over North Viet Nam, the F-l 11 flew right into another, even more serious controversy. On only the third and sixth days of combat, two of the $6,000,000 planes went down in Southeast Asia. One of them failed to return to its base in Thailand on a bombing mission to North Viet Nam; the other crashed in Thailand...
...highest since the 1920s. In Brazil, interest is typically calculated by the month, and rates run as much as 2½%½ monthly for prime borrowers, 5% for medium-sized companies, and 7% for consumers who make installment purchases. In large parts of Latin America, Asia and Africa, long-term capital is scarcely available at any price, and great chunks of it are hard to come by in Europe. Last week the deficit-ridden U.S. Government had to pay the highest rates since the Civil War - 6.45% - to float $730 million in bonds (see BUSINESS). Double-A corporate bonds market...