Word: blocs
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Dates: during 1950-1959
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...Israel of twelve Mystère jet fighters out of its NATO stocks. Egypt's soldier-strongman blew up: the French jets, added to a dozen Mystères and 24 Ouragan jets already shipped, would undo much of the advantage Egypt had gained by buying Soviet-bloc arms...
...fired off a cable to Communist China's Chou Enlai, whose government had just put on a big trade fair in Cairo and was buying $28 million worth of Egypt's surplus cotton. Two days later, in an action likely to be followed by several other Arab-bloc countries, and likely to speed a showdown on Red China's bid for membership in the U.N. Assembly, Nasser's government extended diplomatic recognition to Peking. U.S. Ambassador Henry Byroade first learned what Nasser was up to when Nationalist China's ambassador, the dean of Cairo...
...Britain and other allies, the Russians got strategic products and processes that saved them both research, manpower and years of development time. No longer is the U.S. strategic list to be taken seriously, says McClellan. The Battle Act, designed to halt U.S. aid to countries selling to the Soviet bloc, "has become an empty shell...
...Grinder Co. of Springfield, Ohio, testified that he protested "strongly" against letting the Russians buy such machines, but was repeatedly overruled. Said Toolman Baldenhofer: "It would be much better to give them the planes, even the guided missiles. These things will come back to us once. But the Soviet bloc will be making war materials on these machines from here...
...company, Berlin reported, was doing better than ever: 1955 peak profits of $1,550,937, a husky backlog of nearly $150 million, first-quarter sales well ahead of '55. Piasecki tried to raise points of order and ask questions, but got nowhere. He attempted to increase his bloc's directorships from three to five on the 13-man board, but was voted down almost three to one. Said an associate glumly: "Either we go back into control or we sell...