Word: lent
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Dates: during 1960-1969
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...volume of traffic in 1959 without incident. The canal has become the United Arab Republic's most profitable operation, earning more than $100 million last year. Last week, obviously impressed by President Nasser's plans for increasing the international usefulness of the great waterway, the World Bank lent $56.5 million (at 6% interest) to his Suez Canal Authority for widening and deepening the canal to permit passage of 46,000-ton supertankers...