Word: libya
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Dates: during 1960-1969
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...supplying arms to pay much attention to Egypt's other urgent needs. In an effort to head off total economic collapse, Nasser has had to hit his Arab "friends" for "contributions," which in most cases amount to little more than blood money. He got $28 million from neighboring Libya, which has been fighting a long, losing battle with Egyptian terrorists. He picked up another $28 million from Kuwait, and $20 million more from "private individuals"-half of that amount, a $10 million interest-free "loan" from Saudi Arabia's ex-King Saud, as part of the political rent...
...Arab boycott applies only to the U.S., Britain and, to a lesser degree, West Germany. By last week, only Libya among the major Arab producers had failed to resume shipments of at least some oil to other countries. Nonetheless, Arab oil, which supplied one-third of the world's needs until the outbreak of last month's Arab-Israeli war, was flowing at less than half its normal rate of 10,300,000 bbl. a day. And the continued shutdown of the Suez Canal forced Middle East-to-Europe oil shipments on a costly detour around the Cape...
...hours too late because Egyptian commanders had failed to instruct them which airbase to head for. In retrospect, it might have been even worse if they had arrived in time for the Israeli raids. Five planeloads of Moroccan troops actually got to Cairo, but five others were grounded in Libya because Egypt had not given them clearance to enter Egyptian airspace. More than 100 truckloads of Algerian troops crossed southern Tunisia on the way to the Sinai front, which crumbled long before they arrived. Tunisian troops ready to move for Nasser were never asked for by Cairo...
Word of the Week. Throughout the week, the overriding economic word was oil, as Arab states, which produce 30% of the world's supply, decided to use their wells as weapons. Iraq, Libya and Algeria cut off all oil shipments, Kuwait and Saudi Arabia embargoed shipments to the U.S. and Britain, and small Qatar refused to load the ships of either nation. The situation seemed most serious for Britain, which gets two-thirds of its oil from the Arabs and has only a 30-day stock on hand. France and Italy, neither of whom was singled out for retaliation...
...them). "Look," explains one frustrated Air Force general, "we send a guy to Viet Nam for a year. Then he's supposed to be reunited with his family, but he's sent to Spain and spends an awful lot of time doing gunnery practice in Turkey or Libya. He's still away from his family 270 days out of the year. Pretty soon his wife remembers the American Airlines ad and says, They're looking for bright young men and you're a bright young man . . .' " To stop that drain, the Navy recently proposed...