Word: canalizes
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...with cargo ships from Japan, Italy, Pakistan and the Sudan. Israel may suffer economically from the reopening of the Suez since, among other things, it will cut heavily into a profitable overland transfer route, from the Red Sea port of Eilat to Ashkelon, that Israel developed after the 1967 canal closing. Nonetheless Foreign Minister Yigal Allon conveyed "heartfelt and most sincere wishes to Egypt that the canal will indeed bear the hoped-for economic fruit." In his speech to the Knesset, Allon emphasized, however, that Israel expected its cargoes to move through too in accordance with the January 1974 disengagement...
Series of Gestures. The reopening of the canal, after 13 months of debris-clearing and demolition by an international salvage team, was a significant event for the merchant fleets of the world as well as for Egypt, which hopes to reap about $450 million a year in canal tolls. More important, it was only one of a series of diplomatic and political gestures that together marked as auspicious a week for peace as the Middle East has witnessed since the end of the October war. Shortly before the canal reopened, Sadat spent two days in Salzburg, Austria, for his first...
...some observers, last week's moves by Egypt and Israel were a more favorable omen for peace than either a renewal of Kissinger's step-by-step talks or a resumption of negotiations at Geneva would be. For one thing, the reopening of the canal and the thinning-out of forces were undertaken by Cairo and Jerusalem without superpower prompting. For another, these acts instantly changed the Middle East mood. "I don't belittle this gesture," Sadat told TIME Correspondent Wilton Wynn, referring to the Israeli move. "I consider it a very important act on the part...
...voluntarily pulling back their forces in the Sinai, the Israelis hoped to counter the propaganda advantages that Sadat gained by reopening the canal. They took out from the limited-forces zone half the 7,000 men and 30 tanks allowed under the disengagement agreement, and withdrew artillery and missiles from canal range. To dramatize the move, Defense Minister Shimon Peres last week took foreign newsmen on a tour of the desert, where they observed the withdrawal of one sandchurning platoon of ten tanks...
...thinning-out was the result of Rabin's request to the Cabinet and his military advisers for ideas on how Israel should respond to the canal's reopening. One proposal was the Israeli forces might pull back four miles, ceding the abandoned territory to the U.N. buffer force. An objection to that idea was that the cost of new defenses further back would be at least $50 million, above and beyond the $250 million that Israel has spent on its present positions. In the end, however, Rabin rejected it mainly because such a move would radically alter...