Nixon administration boosts Food for Peace aid to South Vietnam
The 1970 U S Food for Peace program funded South Vietnam's defense at 119 million dollars, 13 million more than 1969, with Cambodia gaining defense eligibility for 84 million. Thailand aid was included, and South Vietnam received 75 million in 1971 for defense.
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Near East Provides About One Sixth of World Oil Supply
A New York report notes that roughly one sixth of global oil comes from the Near East region. The analysis highlights the strategic role of Middle Eastern producers in meeting international energy demand and shaping market dynamics.
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