Word: offsets
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...Before the month is out, President Nixon is supposed to reply to an Israeli request for 24 more Phantom jets and 80 Skyhawks to offset the sale of nearly 110 French Mirages and trainers to Libya. U.S. officials insisted that the Abu Zabal raid would not delay the decision. But a postponement would surprise nobody, for Nixon is bound to be faulted no matter what he decides. If he sells more jets to the Israelis, the Arabs warn that they might move against the American companies that now pump some $2.5 billion in oil from Arab wells annually. If Nixon...
...also stopped the flow of silt down the Nile, which in the past offset the natural erosion of the land from the Nile delta. As a result, downstream erosion may wash away as much productive farm land as is opened up by new irrigation systems around Lake Nasser. Without the nutrient-rich silt reaching the Mediterranean, the Egyptian sardine catch declined from 18,000 tons in 1965 to 500 tons in 1968. As a final penalty, irrigation projects on the delta plain have allowed a moisture-loving snail to thrive. Since it carries schistosomiasis, most of the delta people have...
Merger Confusion. The railway men have no shortage of excuses. For years, the rising losses on passengers were partly offset by profits from freight. But the freight business was hit hard by the merger two years ago between the Pennsylvania and the New York Central. The two railroads had separate freight yards in many cities, and in the post-merger confusion thousands of cars went to the wrong yards, causing costly tangles. The merger was also accompanied by the abrasive sound of personalities grating on each other; the scramble for a declining number of management jobs is not yet over...
...LIFE magazine, Rhodes is no underdog to the stolid Taft. Democrats expect that in their primary, former Astronaut John Glenn's glamour will prevail over Cleveland Lawyer Howard Metzenbaum, a former state legislator. They hope that the internal Republican warfare will damage both Taft and Rhodes enough to offset the fact that Glenn has shown no out-of-this-world abilities as a politician. There is no clear favorite. TEXAS. Democratic Senator Ralph Yarborough should survive a primary challenge from former Congressman Lloyd Bentsen, who is backed by Yarborough's longtime foe, former Governor John
...Judy, who had never been overseas before, and sometimes seemed understandably ill at ease making small talk with Presidents and Prime Ministers. "It's the 29th, isn't it?" she asked nervously, as she signed the guest book at the presidential palace. Judy's shyness was offset by the easygoing enthusiasm of Apollo 10 Astronaut Eugene Cernan, who accompanied the Agnews on the first week of their tour. With an arm around Judy Agnew, Cernan told Philippine First Lady Imelda Marcos: "We feel the moon belongs to everyone." "Ah," beamed Mrs. Marcos, "as in the American song...