Word: world-and
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...unable to convert much of it into solid political power. In an area that the West has often found difficult and unrewarding to deal with, the penetration also brings the Russians as many problems as opportunities. Still, the Russians think it important to establish themselves firmly in the Arab world-and that is just what they are trying hard...
Target & Muscle. The deficit grows out of the nation's vast commitments around the world-and the insatiable wanderlust of millions of its well-heeled citizens. In 1967, the outflow turned to a flood-between $3.5 billion and $4 billion. Major factors included the tourist rush to Canada's Expo 67, the outpouring of private funds to finance Israel's costly war, the slowdown in Europe's economies and, most important of all, Britain's devaluation of the pound, which caused a speculative rush for gold and put intense pressure on the gold-backed...
...relations." It should worry less about day-to-day crises than about the ultimate U.S. interest: the development of human resources through education, economics and politics, for that is the true American ideology. Thus the new agency might well be the best face that America can turn toward the world-and transform the embarrassment of the CIA disclosures into a major forward step...
...countries as diverse as Chile and Denmark flatly prohibit it. Imaginative investors, however, usually can slide around the restrictions. The main reason for their interest is that, despite the recent weakness, the U.S. stock market has had a longer and stronger upswing than any other in the world-and foreign investors want to buy a piece of the expansive U.S. economy...
...chairman of the Senate Foreign Relations Committee, Senator William Fulbright is in a unique position to know what is happening in the world-and manages to sound that way. Nonetheless, in Canberra last week, on his way to a Commonwealth parliamentary conference in New Zealand, the usually oracular Fulbright shocked proud Australians by admitting he was "not aware" of Australia's commitment (1,550 men) to Viet Nam. In any case, he added loftily, he did not favor "great wars." Sensitive Aussies, who have been divided on their own role in the war, reacted predictably. Snapped Labor M.P. Albert...