Word: suez
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Dates: during 1960-1969
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...agreed for the present not to handle anything of importance and to avoid taking any votes, while the U.S. postponed a formal demand to deprive Russia of its Assembly vote (under Article 19 of the Charter) for nonpayment of dues on the U.N. peacekeeping operations in the Congo and Suez. While the Assembly is in its limbo of talking without voting, the U.S. and Russia are having another go at working out a compromise...
Change of Mind. The money is Russia's assessed share of the cost of maintaining U.N. peace-keeping forces in Suez and the Congo. Russia supported the original U.N. action in both cases, but later changed its mind-to give Nasser a free hand in the Suez area, and to aid Red stooges in the Congo after Leftist Patrice Lumumba was assassinated. Moscow now claims the assessments are illegal, and despite the unanimous verdict of the International Court of Justice that they are binding, the Kremlin has refused to pay its share since early 1962. Washington threatens to open...
...worst outbreaks of Israeli-Arab violence since the 1956 Sinai-Suez crisis, and it brought the U.N. Security Council into emergency session. What the council heard about seemed to be a battle of inches. Accusing Israel of "wanton aggression," Syria's U.N. Ambassador Rafik Asha charged that the gravel road on which the Israeli patrol had been traveling was 50 yards inside the Syrian border. Not so, replied Israeli Ambassador Michael Comay angrily: according to a 1962 U.N. survey, the road is seven yards from the border, and on the Israeli side...
...offices in Beirut. The First National Banks of Boston and Chicago are negotiating to open outlets, and another 13 banks have recently been incorporated. Says Lebanese Banking Association President Pierre Edde, whose growing Beirut Riyadh Bank is moving into a new ten-story building: "Beirut handles capital like the Suez Canal handles ships." Saud & Hussein. Because it is both the cosmopolitan gateway to the Middle East and an island of stability in a newly rich but eternally turbulent region, Beirut has become the prudent banker to nervous kings, African smugglers, such huge U.S. oil companies as Aramco, frightened capitalists from...
...Snow suggests. Quaife tried too much, too fast, too young. He advanced his policy (which Snow clearly thinks is good and has in fact been urging publicly for years) a decade too early for a party still reluctant to accept the meaning and the political consequences of the 1956 Suez Canal crisis. There was a hint of scandal over a mistress. He was sandbagged by civil servants, deserted by a key Tory supporter grown jealous of his success. But in the end, Narrator Eliot makes clear, there was no one reason for his defeat...