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On the eve of World War II, UBS was the recipient of a large influx of foreign funds for safekeeping. During the war, the bank's traditional business fell off and the Swiss government became their largest clients. [2] Still, unlike many of its peers, UBS's business lagged through much of the war. [2]
As of 2023, Vietnam has not needed to borrow from the International Monetary Fund since 1995. It had borrowed in 1993 and additional loans in 1994 before Vietnam started to pay some back every year until they paid it all back in 2012. [14] They had borrowed money from the IMF to alleviate poverty and its economy after being affected by war. [15]
UBS traces its history to 1862, the year when Bank in Winterthur, forerunner of Union Bank of Switzerland, was founded. [80] When Union Bank and SBC merged, officials originally wanted to name the merged company the "United Bank of Switzerland," but opted to call it simply UBS because of a name clash with the separate Swiss company United Bank ...
This article may be too long to read and navigate comfortably. Consider splitting content into sub-articles, condensing it, or adding subheadings. Please discuss this issue on the article's talk page. (November 2024) Vietnam War Part of the Indochina Wars and the Cold War in Asia Clockwise from top left: US Huey helicopters inserting South Vietnamese ARVN troops, 1970 North Vietnamese PAVN ...
At the beginning of 1967 the United States was engaged in a steadily expanding air and ground war in Southeast Asia. Since its inception in February 1965, Operation Rolling Thunder, the bombing campaign against North Vietnam, had escalated in the number and significance of its targets, inflicting major damage on transportation networks industry, and petroleum refining and storage facilities.
North and South Vietnam therefore remained divided until the Vietnam War ended with the Fall of Saigon in 1975. After 1976, the newly reunified Vietnam faced many difficulties including internal repression and isolation from the international community due to the Cold War, Vietnamese invasion of Cambodia and an American economic embargo. [1]
The problem, he said, is that “war will break these values. “There is an inherent contradiction between the warrior code, how these guys define themselves, what they expect of themselves – to be heroes, the selfless servants who fight for the rest of us – and the impossibility in war of ever living up to those ideals.
During the Vietnam War, the use of the helicopter, known as "Air Mobile", was an essential tool for conducting the war. In fact, the whole conduct and strategy of the war depended on it. Vietnam was the first time the helicopter was used on a major scale, and in such important roles.