Word: koreans
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Dates: during 1960-1969
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...escape what might be a runaway boom (see BUSINESS). The gross national product grew at a frenetic $20 billion pace during the first quarter, while consumer prices soared at the rate of at least 4% a year-faster than at any other period since the Korean War year...
While continuing these diplomatic efforts, the U.S. was hinting none too subtly that the bombing restriction might not be continued indefinitely. Johnson, in Honolulu to confer with South Korean President Chung Hee Park about both Viet Nam and Seoul's security problems (see THE WORLD), stressed that it had been a long time since the bombing limitation began on March 31. "Our restraint," added Rusk, "was meant to inspire discussions about ending this war, not to provide an excuse for propaganda warfare while the battle raged...
Outside the official armistice meeting hall in Panmunjom, a bullet-riddled truck and some bloodstained clothing were put on display last week in mute testimony to North Korea's latest truce violations. A band of ten North Korean soldiers had ambushed the truck 1 mile south of the Demilitarized Zone, killing two American and two South Korean soldiers. Before the week was out, the North Koreans had made two more attacks on allied forces at the DMZ, killing two more South Koreans...
...mission was designed to assassinate Park, but it failed (TIME, Feb. 2); not long after, the U.S.S. Pueblo was hijacked. The South does not expect a full-scale invasion, but it believes that the current raids are part of a gathering spring offensive that is aimed at undermining South Korean confidence and morale...
South Korea will receive its first U.S. destroyer this month, the second by the end of the year. At a special meeting in Washington next month between the U.S. and South Korean defense ministers. South Korea hopes to persuade the U.S. to provide two more destroyers, plus a fleet of speedy (30 to 40 knots) patrol boats that can keep up with the fast Soviet engines that power the North Korean spy boats along the coast. Park is also pressing the U.S. to provide faster planes. Right now, his air force has 300 fighters, mostly F-86 Sabre jets, compared...