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The Truman Doctrine is an U.S. foreign policy that pledges American support for democratic nations against authoritarian threats. [1] The doctrine originated with the primary goal of countering the growth of the Soviet bloc during the Cold War .
It provided aid to the Christian Democrats during the 1948 Italian general election. The Truman Doctrine solidified the division between the US and the Soviet Union and led to the formation of the Eastern and Western Blocs. Some liberal Democrats opposed the Truman Doctrine, but Truman argued that American action was necessary for a "sound" peace.
According to Michael Klare, author of Blood and Oil: The Dangers and Consequences of America's Growing Petroleum Dependency (New York: Henry Holt, 2004), application of the Nixon Doctrine "opened the floodgates" of U.S. military aid to allies in the Persian Gulf, and helped set the stage for the Carter Doctrine and for the subsequent direct U.S ...
That's how we know Buffett sold over $9.6 billion worth of Bank of America stock during the third quarter and an additional $140 million in the first two days of October.
Under that scenario, Apple's price-to-earnings (P/E) ratio would currently be 38.4. ... Bank of America stock is closing in on all-time highs hit in early 2022, before interest rates spiked.
That stock is Bank of America, which Buffett's Berkshire Hathaway has been dumping en masse. Even though the conglomerate still holds a large position, it sold about $9 billion worth of BoA shares ...
America's victory in the war ended Spanish rule over Cuba, but promptly replaced it with American military occupation of the island from 1898–1902. [ 28 ] After the end of the military occupation in 1902, the U.S. continued to exert significant influence over Cuba with policies like the Platt Amendment . [ 29 ]
The bank also disclosed it tried to abandon the deal in December after the extent of Merrill's trading losses surfaced, but was compelled to complete the merger by the U.S. government. The bank's stock price sank to $7.18, its lowest level in 17 years, after announcing earnings and the Merrill mishap.