Word: aid
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Dates: during 1970-1979
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...Frank Gerow's remark that it is better for women not to be familiar with penile implants [Dec. 10] is a surprising one. Penile implants are not for self-indulgence, but to aid the male in attaining an erection for intercourse. The other 50% of the intercourse equation is the partner, who must be included if optimum treatment is to be achieved...
...habit of agreeing to generous labor settlements for teachers without knowing how he was going to pay for them. To some extent, he mortgaged the future of the schools to buy short-term labor peace. But he also had the muscle to keep the city going by prying additional aid out of the state legislature. Byrne will have to relearn some of Daley's lessons if the city that works is going to start working again...
...Egypt's economy today is a mix of unexpected strength and too familiar decay. The muscle is almost all in the country's robust foreign receipts. Despite the aid and trade boycott mounted against Egypt by other Arab nations after the peace treaty signing, Cairo can easily meet its foreign exchange needs. The largest source of funds is the money sent home by Egyptians working abroad; this will total $2 billion in 1979, up from just $200 million six years ago. Suez Canal revenues will bring in $600 million and could rise to $1 billion a year...
Thanks to its foreign income, Egypt has not been hurt economically by the loss of the $800 million or so in Arab aid it used to get annually, or by the Arab countries' refusal to do business with Cairo; before the boycott, those states accounted for only 7% of Egypt's trade. Arab anger remains high; the Egyptians expect that all of their postal, telephone and telex links to other Arab countries, as well as the remaining airline flights, will be severed in March, when Egypt and Israel plan to open embassies in Jerusalem and Cairo. Still, some...
Nonetheless, Egypt is now heavily dependent on Western and Japanese aid and investment. Cairo officials fear that the Arab irritation with Egypt may deter Western companies from seeking out the joint-venture projects with Egyptian partners that Sadat is encouraging. Though the oil companies have been involved in exploration for some years, the list of other major U.S. investors that have moved into Egypt or are seriously considering doing so is still fairly short. Coca-Cola, 7-Up and Xerox have set up operations there; Ford, General Motors and Union Carbide have investment projects in the planning stage. Yet Egypt...