Word: cutoffs
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Dates: during 1970-1979
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...economic aid to Turkey had reached a total of more than $6.5 billion. Last week the U.S. military-aid pipeline was abruptly cut off in accordance with a congressional order that all arms assistance be suspended until substantial progress is made in reaching a settlement on Cyprus. The cutoff was enacted last fall by an enraged Congress, following an invasion of the island by Turkish forces using American arms. Its purpose was to pressure Ankara into withdrawing its troops from Cyprus and allowing the resettlement of the 200,000 refugees (mostly Greek Cypriots) who were left homeless...
Sadly enough, Congress's cutoff of aid to Turkey not only failed to break the deadlock in negotiations over Cyprus but may have exacerbated it. Secretary of State Henry Kissinger called the cutoff "a tragedy" and warned that it could have potentially far-reaching effects if Turkey makes good on its implied threat to reduce its participation in NATO, thus jeopardizing the eastern flank of the Atlantic alliance...
...composite contingency plan assumes a cutoff in oil to the West because of another Middle East war, an Arab oil embargo and a White House command to the U.S. military to lift the embargo. At this order, two massive U.S. strike groups would get under way. One would move through the Strait of Malacca, across the Indian Ocean and into the Persian Gulf. It would include carriers whose jets would secure air control, and ships carrying at least a division of Marines (15,000 men). The second force would include two brigades of the 82nd Airborne Division...
...policy works as Ford hopes, sales would revive, unemployment would moderate and the nation would be much better able to withstand another cutoff of foreign oil, since Americans would be compelled by higher prices to reduce their prodigious waste of energy. But if the program fails, the consequences could be dire indeed. The $16 billion in rebates and tax credits might be too weak to jolt the economy out of its alarming slumpflation; in that case, the nation could suffer a prolonged agony of unemployment rates higher than any since before World War II. In addition, the higher prices...
...increased military aid for embattled South Viet Nam, a request that will be met in Congress with hot resistance or icy indifference. But Ford's persuasive powers with the legislative branch may prove useful. By buttonholing senior Senators last month, he was able to persuade them to extend the cutoff date for military aid to Turkey...