Word: canale
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Dates: during 1970-1979
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...Among the prime targets is Osman Ahmed Osman, the millionaire contractor whose son Mahmud is married to Sadat's daughter Jihan. Osman has a brilliant record as a builder-he was chief contractor for the Aswan High Dam, and did much of the reconstruction of the ruined Suez Canal zone-but his vast wealth and his influence over Sadat invite attacks by the opposition, mainly on corruption charges. Because Osman is his closest friend and adviser, Sadat knows that these attacks are really aimed...
DIED. Lord Selwyn-Lloyd, 73, Sir Anthony Eden's Foreign Secretary, who with French and Israeli leaders was alleged to have engineered the ill-fated 1956 Suez Canal seizure after it was nationalized by Egypt's Gamal Abdel Nasser; of complications from a fall and subsequent brain surgery; in Oxfordshire, England...
...fact, there are several surpluses, amounting daily to some 500,000 bbl. of Alaskan crude, which must be shipped through the canal; at least 100,000 bbl. of California crude, which is shut in; and 50,000 bbl. of residuals. Jimmy Carter is considering federal action to ease the glut...
This would not solve the immediate problem of finding an inexpensive and efficient way to move Alaskan oil to markets where it is really needed. Many plans have been considered, especially because Alaskan oil shipped through the Panama Canal is even costlier than OPEC oil on the East Coast. One idea is a three-way trade: Alaskan oil could be shipped to Japan, replacing OPEC oil that would then be sent to the U.S. East Coast. Problem: the export of Alaskan crude would raise a political storm...
...President to break the deadlocks, to rally support for his programs (or at least for the ones we like). If chauvinists got as far as they did in trying to defeat the Panama Canal treaties, we blame Carter for not rousing the country behind his proposals. If the Midwestern growers or the Western truck farmers are unhappy with Carter's food or water policies, we blame him, not necessarily for the policies but for somehow not soothing those interests...