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...election, Illia annulled the contracts of 13 private companies (mostly U.S.), and since then the companies have cut back production while lawyers argue the case in court. Oil supplies have been maintained by uncapping state-owned reserve wells, and some experts predict that Argentina will be forced to import oil before December. The beef industry is worse off. With herds decimated by two years of drought, cattlemen are holding back stock, hoping to rebuild. Monday and Tuesday have been declared meatless days, and Argentines have been faced with the ignominy of importing beef from neighboring Uruguay for the first time...

Author: /time Magazine | Title: Argentina: Mocking the Turtle | 7/31/1964 | See Source »

Turkey, which is entitled to keep a regiment of 650 soldiers in Cyprus, has also pumped in fresh forces from the mainland. But the Turkish Cypriots, lacking the control of the main ports that Makarios' men enjoy, have had to adopt unorthodox import techniques that make it impossible to bring in as many reinforcements as the Greeks. One battalion of perhaps 200 paratroopers was recently dropped clandestinely along the 15-mile-long road from Nicosia to coastal Kyrenia, where the legal Turkish regiment keeps watch over the only outlet from the capital the Turkish Cypriots control. Along with...

Author: /time Magazine | Title: Cyprus: Deceptive Peace | 7/24/1964 | See Source »

...fine and tireless work of its bird-dog reporters. Chasing candidates in hotels and delegates on the floor, walkie-talkers like John Chancellor, Edwin Newman, Frank McGee, Bob Teague and Sander Vanocur always seemed to be in the most interesting places at the most interesting times, in moments of import as well as absurdity...

Author: /time Magazine | Title: Television: The Electronic Olympics | 7/24/1964 | See Source »

...Arabs offer reinstatement to firms that stop their dealings with Israel, but the Israelis have their own ways of exerting pressure. West Germany's Grundig Radio last month announced plans to pull its operations out of Israel, quickly reneged when Israel said that it would cancel all Grundig import licenses in reprisal...

Author: /time Magazine | Title: Middle East: That Arab Boycott | 7/24/1964 | See Source »

With such goods, the United Arab Republic has built an export business that this year will total $500 million-but that is not enough. Egypt is still forced to import so many necessities that it runs a perennial trade deficit. To help wipe it out, the Egyptians are selling hard to nations as distant as Norway and the Philippines, shipping tires to Czechoslovakia and China, and working successfully to overcome earlier complaints of inferior quality. The Egyptians look with great expectations to the emerging African market, which they hope will be a major outlet for Egyptian goods...

Author: /time Magazine | Title: Egypt: Progress on the Nile | 7/17/1964 | See Source »

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