Word: standings
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Dates: during 1950-1959
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Milestone: Suez. The U.S. took its famous stand for international law by opposing the British-French-Israeli onslaught against Nasser's Egypt, effectively warned the Russians to stay out of the crisis, then failed to work out a way to channel Nasser's Arab expansionism away from Communism into courses acceptable to cold war defense...
More than anything else last week, Kubitschek's cable dramatized his strong new stand as a pro-West world statesman. Until recently, he had taken pains to avoid offending his country's politically powerful supernationalists. and his government seemed to be drifting into murky neutralism. But after U.S. Vice President Nixon was stoned in Lima and Caracas, Kubitschek wrote personally to Ike to urge a rebuilding of Pan Americanism. He sponsored an International Investments Conference at Belo Horizonte, accepted resignations of several foot-dragging Cabinet members, replaced them with men dedicated to sensible collaboration with foreign capital...
...supremacy of world socialism is inevitable, he felt, but it will not occur at present. The road to this future lies not in the exercise and conflict of two major powers such as the United States and the Soviet Union, but rather through each country's independent stand, such as the one Yugoslavia has taken...
...rightfully wonder what television's got to do with it. I'll tell you. It's the last hope. The TV western--from Wyatt Earp to Mike Paladin--is Custer's Last Stand for the American Male. It is one last fling at virility by a vanishing breed...
...them. Dow-Jones industrials tumbled 5.96 points in a single session, the biggest sell-off of the year. Then investors paused-and realized that panic is always unprofitable. As in the Suez crisis and other flareups, they turned their attentions to shares that might benefit from a harder U.S. stand. In buying surges that frequently left the ticker behind, investors sent industrials up 3.7 points to 486.55 and a new high for the year on the greatest weekly volume (15,395,350 shares...