Word: canally
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...Lima was the world economy, the conferees spent a great deal of time on politics, mostly with a decidedly anti-American cast. Such "nonaligned" nations as North Korea and North Viet Nam were welcomed as full members of the conference. So was Panama, where U.S. control of the Canal Zone drew the sympathy of the delegates. Excluded from participation were South Korea and the Philippines, apparently because both governments permit American troops on their soil...
...Egypt, under an unpublished part of the pact, would pledge to renew annually for three years the mandate of the U.N. Emergency Force now in the buffer zone. It would also allow Israeli cargoes through the Suez Canal, soften its anti-Israel propaganda, pledge not to support efforts by other Arab states to oust Israel from the U.N., and temper its current economic boycott of firms doing business with Israel. Sadat, of course, has already reopened the Suez Canal and twice extended the mandate of the U.N. buffer force. Under the same unpublished codicil, Israel would apparently accept the principle...
...gain from the settlement would be much more obvious. It would get back some of its territory and a new domestic source of oil at Abu Rudeis, which would increase Egypt's production by about one-third and allow it even to export oil. The Suez Canal would be a little farther away from the muzzles of Israeli cannons. Sadat might even be able to begin thinking about reining in his defense expenditures, which now devour $2 billion, or 25% of the gross national product (v. $3.6 billion, or 30% for Israel). Sadat is hard-pressed even to feed...
...Previously the U.S. had cast just seven vetoes, including two in protection of Israel and one rejecting the loss of U.S. sovereignty over the Panama Canal. The Soviet Union, by contrast, has cast 110 vetoes...
Despite mounting discontent with his leadership, General Idi Amin Dada, Uganda's unhinged head of state, rumbles on. In order to dramatize his offer to lead Egyptian troops against Israel, Big Daddy has now promised to swim the Suez Canal. Widthwise, of course. For all his alleged aquanautical ability, he may be just as happy with a few laps in the White House pool. Amin plans to address the U.N. General Assembly hi New York and says he hopes to visit President Ford as well. "If America respects the views and decisions of the Af rican continent, President Ford...