Word: egyptianized
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Dates: during 1950-1959
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...Hammarskjold departed for New York, Nasser declared the canal open, and published his terms in a memorandum circulated to seven nations (but not to Britain and France), seeking "comments." His primary condition: the canal will be operated and managed by the nationalized Suez Canal Authority, and nobody else. Said Egyptian Spokesman Ali Sabri: "There will be no foreign supervision whatsoever." Other provisions...
...Five per cent of all receipts will go to the Egyptian government as royalty (roughly the same amount paid by the old company). Another 25% will be set aside for developments and improvements of the canal; this will include the $287 million "ninth program" planned by the old company before seizure, which by 1968 would make the canal two-way for two-thirds of its length and deepen it enough to handle tankers up to 60,000 tons...
...oral agreement to allow the UNEF to remain at Sharm el Sheikh indefinitely while the U.N. seeks an advisory opinion from the World Court as to whether the Gulf of Aqaba is an international waterway, as Israel and the U.S. contend. Nasser reportedly also agreed not to rush Egyptian troops back into Gaza and to try to restrain his fedayeen. (Presumably Nasser is willing to have the UNEF between him and the superior Israeli army.) But Nasser refused to modify his claim of "belligerent" rights against Israel despite the 1949 armistice. With so little in hand, Hammarskjold returned...
Even this makeshift modus operandi had to be found between the lines. In public, Nasser insisted to a group of visiting U.S. editors that both the Suez and Aqaba waterways are in Egyptian territory. The U.S., he said, "is aiming to starve us out, while the Soviet Union is aiming to help us'' with shipments of wheat. "We like to be friendly to the U.S.," but "we will not surrender to American pressure...
...American Guild of Variety Artists slapped the name of Saudi Arabia's non-union King Saud (TIME, Jan. 28) on its "unfair list."* Saud's misdeed consisted of his commanding an Egyptian acrobatic troupe, now playing in his desert kingdom, to stay for some more performances, thus preventing the alley-oop specialists from keeping an imminent engagement...