Word: haifa
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...hope foreigners will realize, said one Israeli spokesman with an angry gesture toward the steamer lying at anchor in Haifa harbor, "that what Nasser did to the Panaghia today, he can do to British and American ships tomorrow." To the people of Israel at least, the 550-ton Greek freighter was floating proof that Egypt's Nasser, as master of the Suez Canal, could not be counted on to keep his promise not to interfere with the free passage of shipping. The Panaghia itself was not the only vessel to find its way barred as it tried to pass...
...billion of Egyptian assets (including the Canal Company's) in Great Britain. Defense secretaries took stock of aircraft carriers, destroyers and airborne troops available if needed. Alternate ways to avoid patronizing the Suez Canal were canvassed. The French talked of an old plan to dig a canal from Haifa to the Gulf of Aqaba, running through Israel. The big problem was Middle East oil, which supplies 70% of the European market, and accounts for half of the Suez Canal traffic. Perhaps the desert pipeline to the Mediterranean might be expanded. And new supertankers might make the long and costlier...
...Negev desert acres planted to cotton and grain. Israel has struck oil near Beersheba. Though foreign estimates indicate that Israel will be lucky if the find cuts her present $35 million-a-year petroleum imports by much, the first well is already producing 300 barrels a day for Haifa's refinery. Though foreign firms have not exactly broken down Israel's doors in answer to the Socialist government's invitation to invest, the $200 million that U.S. Jews have spent for state-development bonds have made Israel one of the leading lands for private U.S. investment...
...year men vie in entertaining ambassadors or ministers at lavish dinner parties. Bustling crowds, looking like anything but refugees from East European ghettos in their crisp frocks or open-necked, short-sleeved shirts tucked into belted slacks, hurry through the streets of Tel Aviv and Haifa, bent on marketing by day, on moviegoing by night (Israel's per capita cinema attendance is the world's highest). Over their cheesecake and Nescafé, young apartment dwellers talk about new cars and skin-diving. Out in the older collective settlements, where palm-shaded bungalows hedged by bright bougainvillea and hibiscus...
Boundaries: Dulles asks for "mutual concessions," with the understanding that once boundaries are set, the U.S. would guarantee them. Israel has privately indicated its willingness to allow landlocked Jordan commercial privileges at Haifa, and to give Egypt a land route across the Negev to its Arab neighbors, but Israel bristled at references to waste territory that has "only sentimental value," and angrily denounces the British Foreign Office hint that Israel give way in the Negev...