Showing posts from September 23, 2011

Pax Americana is over Home Opinion Published 20:16 23.09.11 Latest update 20:16 23.09.11 Pax Americana is over By Leon Hadar For several decades, the world’s leading superpower has been trying to help Jews and Arabs reach an agreement over a disputed territory in the Middle East, and to secure its own hegemonic status in that region. But another diplomatic effort to make peace in the Holy Land reached a deadlock, because it was becoming too costly for the superpower to maintain its military presence and diplomatic influence in Egypt, the Levant, the Persian Gulf, the Eastern Mediterranean and South Asia, at a time of growing financial constraints and challenges from new international players. On Friday afternoon, February 21, 1947, the British ambassador to Washington, Lord Inverchapel, showed up at the State Department and informed Under-Secretary of State Dean Acheson that his country could no longer continue providing financial and military