Word: ares
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Dates: during 1970-1979
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Then there is oil. An exporter only since 1974, Egypt will sell $1.1 billion worth of crude this year, accounting for 40% of its trade income. Never a member of OPEC, the country doubled the price of its oil early this year and now charges a robust $34 per bbl...
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...
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...
Until now all space probes have been powered entirely by chemical rockets. Though they can develop enormous thrust, they are voracious consumers of fuel. In only nine minutes, the Saturn 5 moon rockets burned up 3,000 tons of liquid fuel. With such propellants, even larger rockets and exorbitant amounts...
The U.S. men's team, how ever, still lacks the depth to be sure of performing as well in Moscow. Says Coach Roger Counsil: "What we need are three more Bart Conners or three more Kurt Thomases." Thomas, 23, is in his prime as a gymnast. Now an assistant...