Jim Lobe: 50 Years After Suez, US Hegemony Ebbing Fast

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the passivity �" or obstinacy �" of the administration of President George W. Bush in failing to revive any kind of Arab-Israeli peace process, particularly in the wake of last summer's war between Israel and Hezbollah or the ongoing deterioration of the Palestinian Authority, appears to have brought both Washington's image and influence in the region to an all-time low.

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