Word: gulf
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Dates: during 1950-1959
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...Hammarskjold also recognized Israel's right of "innocent passage" in the Gulf of Aqaba, and thus began at last to work his way out of the dead-end U.N. legalism that Nasser had been the unoffending victim of aggression, and the U.N.'s only responsibility was not to reward aggression. Hammarskjold had to operate within the mandate of the Assembly, where the Arab-Asian bloc, when joined by the Communists, can muster up to 36 out of 80 votes. He suggested that if Israel withdrew to the 1949 armistice line, it might be possible to enforce...
...pipeline pumping again only when the Israelis cleared out of Egypt. The Egyptians said they would start talking about a Suez Canal settlement if the Israelis would pull their remaining troops back from the Gaza strip and from the Egyptian forts commanding the entrance to the Gulf of Aqaba. The Israelis said they would withdraw their troops if the U.N. would guarantee that Egypt would not use Gaza for a raiding base again and the forts as a strongpoint for blockading Israel's access to its port of Elath. The U.S. said that it was all a matter...
...Gulf Oil, which spent $2,000,000 drilling for oil in Italy and discovered one potentially large field in Abruzzi on the Adriatic, last week struck its rig, announced that it was "renouncing the oil search and oilfields exploitation on the Italian continent." With that, the last U.S. company in Italy stopped hunting oil on the mainland, leaving a clear field to the state-owned Ente Nazionale Idrocarburi (formerly the Fascist A.G.I.P.) that has grown under government pampering into a $100 million combine with a stranglehold on Italy's oil and natural gas. Four years ago, after spending some...
...Gulf's decision followed passage of a new oil law by the Chamber and Senate after long debate. The law sets up a sliding royalty scale splitting the profits 60-40 in favor of the government, instead of the usual 50-50 split. It also contains a set of clauses designed to favor E.N.I. Example: when a private company brings in a new field, its concession is automatically restricted to 7,413 acres around each well, thus allowing E.N.I, to move in and buy up the land all around the proven field...
...plot, but with a sense of reality and people who ring true. The film was adapted by Robert Dozier, son of RKO Production Chief William Dozier, from his TV play, Deal a Blow, and is based on an incident that happened to him. Its point turns on the emotional gulf that separates a bright teen-age boy from his successful movie-producer father...