Word: successor
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Dates: during 1970-1979
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...plant to produce the fissionable material necessary for an Abomb. Ben-Gurion and Shimon Peres, then Deputy Defense Minister and currently Israel's Defense Minister, favored doing so. Others, including Mrs. Meir and Yigal Allon, now Israel's Foreign Minister, initially opposed the project. So did Ben-Gurion's successor as Premier, Levi Eshkol. The Israeli equivalent of the U.S. National Security Council vetoed the separation-plant project in early 1968. Shortly afterward, Eshkol discovered that Dayan ?in the wake of the 1967 Six-Day War ?had secretly ordered the start of construction on an S.P. Eshkol...
...total of almost eight years as P.M., Wilson was resigning as the Crown's first minister and moving to Labor's back benches in the House of Commons. He would delay only so long as it took the 317 Labor M.P.s in the Commons to select a successor...
...rising (now 5.6%) unemployment. It would have seemed that Wilson would have wanted to stay at least until April 6 for the presentation of a new budget that will reflect his new austerity policy. But Wilson may have wanted to step down early so as to give his successor maximum time to build a track record in Parliament before the next mandatory elections in 1979. Some also thought that Wilson might have reckoned that his departure at a time of high tension between moderates and leftists in the party could enhance the chances of his being followed as prime minister...
Since the Tories will find it hard to win the support of all Liberals, Scottish and Welsh Nationalists and M.P.s from Ulster, the overall majority of one now enjoyed by Labor theoretically enables Wilson's successor to hang on until late 1979, when the present Parliament reaches its statutory limit. But lacking a popular mandate, he will probably decide to seek an election, possibly in 1978. While this will not give him very much time to demonstrate an ability to tackle Britain's deep social and economic problems, if he needs help, Wilson will not be far away...
...markets had not quite digested the French move when they got a second bombshell: Wilson's unexpected resignation. In the ensuing tumult, the pound traded as low as $1.9115. Whether the pound recovers in the weeks ahead depends largely on the progress of Wilson's successor in cutting the nation's 16% inflation rate...