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Word: canalizes (lookup in dictionary) (lookup stats)
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...failure of last fall's invasion of Egypt, he concluded, Britain no longer has a specific individual role to play in the lands bordering the eastern Mediterranean (Friend Iraq would be defended by the Baghdad Pact as a whole). "The emphasis has shifted south of the Suez Canal to the Arabian peninsula area," declared Sandys. The oil-rich Persian Gulf sheikdoms, including Kuwait, remain Britain's special concern and might have to be defended by Britain alone, especially against local disturbances. This meant that Cyprus, lying on the wrong end of the lost canal, was no longer...

Author: /time Magazine | Title: GREAT BRITAIN: South from Cyprus | 7/22/1957 | See Source »

Second, they have applied an economic boycott that is so efficient that Israel loses more from this cause than she gains from any single form of foreign aid. To supplement the boycott, the Egyptians have refused to allow Israeli ships to transit the Suez Canal...

Author: NO WRITER ATTRIBUTED | Title: Nasser Requires Tension, Israeli M.P. Tells Seminar | 7/18/1957 | See Source »

...Hotel, to replace the old one burned by antiforeign mobs back in 1952, was ready to open its doors again to foreign spenders. The Egyptian cost of living had momentarily ceased its steady climb; the stock market was active, and toll money from a once-again busy Suez Canal was pouring into the national treasury. A prospective purchase of $35 million worth of cotton by France gave a needed boost to the export balance. The government announced a budget surplus of nearly $55 million. And to top it all, the government's hand-picked candidates were easy winners...

Author: /time Magazine | Title: EGYPT: Amiable Grimaces | 7/15/1957 | See Source »

...later a highway to slink humbly around its base. But it does not deter the road builders of 1957. Their rugged and powerful machines are slashing through the hill, cutting a 360-ft.-deep, 2,200-ft.-long scar -the biggest man-made road gash since the Panama Canal. All told, the machines will move 8,500,000 cu. yd. of earth, enough to cover Manhattan Island with a 4.5-in. layer...

Author: /time Magazine | Title: CONSTRUCTION: March of the Monsters | 6/24/1957 | See Source »

...state capitals and 90% of all cities with more than 50,000 population. It will carry a fifth of the nation's traffic, provide vital defense routes in case of war. Total cost of the entire program: $100 billion-nearly 300 times the cost of the Panama Canal. The Government will pay 90% of the federal network, 50% of other roads, by raising gasoline, tire and other excise taxes...

Author: /time Magazine | Title: CONSTRUCTION: March of the Monsters | 6/24/1957 | See Source »

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