Word: asian
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Dates: during 1960-1969
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...Hanoi has not accept. When 17 nonaligned nations called on both sides to negotiate without preconditions, the U.S. agreed. When India proposed a cessation of hostilities and the policing of boundaries by an Afro-Asian force, the U.S. expressed interest and began discussions with the Indian government. Both these proposals plus those of the secretary general of the United Nations, five African heads of state, two left-wing British MP's, and the Canadian delegate to the International Control Commission, among others, have been heard and rejected in Hanoi and Peking. Marshal Tito and the other nonaligned chiefs of state...
...Chinese Communists. But 28 nations sent delegates, including a 14-member U.S. team led by Assistant Treasury Secretary Merlyn N. Trued and-remarkably-a high-ranking, five-man delegation from the Soviet Union. All of them came to Bangkok last week to set up a $1 billion Asian Development Bank to help lift Asia from its morass of poverty. Its purpose: to finance such economic necessities as power, ports, railroads, water supply and industry...
...Bank, will start off with modest aims, considering the problems that Asia faces. It will make only businesslike loans (for 20 to 25 years at 5½%), thus placing beyond its range such grand designs as President Johnson's proposal that the Mekong River be transformed into an Asian TVA project. The bank's capital will be chiefly in hard currencies supplied by governments. Most of the money has already been pledged: $200 million each from the U.S. (subject to congressional approval) and Japan, $100 million jointly from Australia and New Zealand, $300 million from 20 Asian nations...
...Asian Bank is taking shape at a time when development aid to the world's needy countries is falling steadily behind their needs. Despite rising prosperity in the U.S. and Europe, the flow of aid from these sources has remained static since 1961 at $9 billion a year, now amounts to a trifling .9% of the developed nations' total output of goods and services. Last week Lyndon Johnson signed a comparatively modest $3.2 billion foreign-aid appropriation, but the U.S. still carries more than its share of aid. Despite nudging from Washington, Europe has been slow to pick...
...their language and customs, the Communists are plotting a fraudulent invasion of the tiny kingdom so that the U.S. will rush its elephantine army into the dense bamboo. Naturally, the plot succeeds. The strained Lederer-Burdick point is: the U.S. elephant had better get the hell out before the Asian ants nibble it to pieces...