Saturday, June 03, 2006

Cold War is over : IIPM

IIPM BUSINESS AND ECONOMY
American journalist, Walter Lippmann, first coined the term Cold War in a book by this name, in 1947. The idea was that the relations between the USSR and the US, Britain and France had got so bad that it was like war minus the shooting.

Cold War lasted 50 years and divided the world. There were a thousand flashpoints, war appeared imminent at times, and espionage became prime policy. Finally, in 1992, the Russian President, Boris Yeltsin and the US President, George Bush, (the first) formally declared that their countries did not regard each other as potential enemies. To the world’s relief, Cold War had ended. In time, John Le Carre began to write non-spy books….

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Source :- IIPM Editorial, 2006

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