Word: canallers
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However, in recent weeks, it has compromised its original peacemaking intentions. Israel claims that Egypt has violated their disengagement agreement. Egypt has upped the ante on the Suez Canal, requiring Isreal to make yet another withdrawal from the Sinai Peninsula before Egypt will open the canal--a clear sign of bad faith...
...appearances, Egypt is not nearly as well prepared for a renewal of fighting as is Syria, since it has received relatively little new military equipment from the So^ viet Union since the end of the war/ Moreover, Sadat is allowing civilians to return to the cities along the Suez Canal that were turned into ghost towns by the 1969-70 war of attrition and is pressing ahead with plans for a longterm, $7 billion reconstruction of the Canal Zone. Technically, the canal could be opened as early as next March or April (four Egyptian vessels, in fact, sailed its full...
...average oil-burning landsman, shivering over November heating bills, may well ask: What's so wrong with that? The energy crisis glooms over us all, as does the memory of the 1967 Arab-Israeli war that led to the closing of the canal and the rerouting of shipping round Africa. From such a perspective, the rise of the supertanker looks like the kind of triumph of greed and technology over circumstance that customarily passes for progress...
...commission's report is equally trenchant on other Latin American matters. It contends that U.S. insistence on perpetual control of the Panama Canal jeopardizes its interests more than it protects them. It also urges formulation of foreign investment codes that would at once protect underdeveloped countries from exploitation and shield investors from arbitrary expropriation. In matters involving the OAS, the study recommends that "the U.S. should be guided primarily by Latin American initiatives," which is precisely the role that the U.S. will be playing in Quito...
...warehouses of a company associated with ITT, destroying $10 million worth of telephone equipment. Near Naples a mob of unemployed men, along with their families, blocked a main north-south railway line. Fifty people were arrested before the line was reopened. In Venice, trash collectors blockaded the Grand Canal for two hours with scores of garbage scows...