Word: solvents
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...Soviet Union led the parade of governments extending formal recognition to Nasser's new regime. At the U.S. Damascus embassy, due for downgrading to consulate general, an aggressive local enterprise tacked a notice on the bulletin board: "All sizes of packing trunks. Call Mrs. Kobbani." Under the solvent of Arab nationalism, the old lines were fading on the map of the Middle East; Cairo and Baghdad would resume struggles almost as old as the Euphrates and the Nile, but along new frontiers...
...rate increase is inherently evil, they have acted as if the only issue involved is "whom are you for-the consumer or the industry?" Now, said Kuykendall, "the Memphis decision is forcing such persons to face reality and to admit that, after all, a pipeline company must remain solvent if it is to render service...
...Meyer, associate director of the Center for Middle Eastern Studies, forecast the decline of the Cypriote economy during the next five to seven years and called for a NATO trusteeship until Cyprus could be made solvent. Carlyle Morgan of the Christian Science Monitor also stressed the role NATO might play in the period before Cyprus could be allowed self-determination...
...went off the gold standard, raising the value of foreign money. Sosthenes worked his way out of the hole (minus Hernand who died in 1933) by getting foreign subsidiaries to float local bond issues, boosting the parent company's U.S. credit. But no sooner was he solvent again than European upheavals put him right back in trouble...
...fillip from the tourist trade (about $100 million a year). But for the long haul, Spain looks for U.S. aid to put the country on its feet. Since 1954, stopgap U.S. food shipments at times prevented near fam ine, and $460 million in U.S. aid virtually kept the country solvent. Last week Span ish newspapers were blasting the U.S. for doling out less than the $200 million a year that Spain insists it needs. Actually, Spain will get very close to that amount: about $150 million a year in 1957 and 1958 in direct grants, money to build Air Force...