Word: port
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Dates: during 1960-1969
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Even today, the Palazzo San Giorgio, headquarters of Genoa's port authority, contains no monument to Columbus; instead, it houses a life-size statue of one Francesco Vivaldi, a more representative native son, who in 1371 introduced compound interest into the city's banking system...
Genoa's main asset is its naturally endowed harbor-and the Genoese even let that fall into disrepair. In the 1930s, the city qualified as Southern Europe's leading port only because Benito Mussolini deliberately diverted shipping from Naples and Venice to keep Genoa's tonnage ahead of archrival Marseille. Once Mussolini was dis patched, Genoa's troubles emerged for all to see. Hemmed in by the Apennines with little room to expand, its harbor area is a cramped compound of 1,000-year-old streets and hopelessly antiquated facilities. Operations are further hampered by some...
...Genoa's most conservative old-line families, Shipping Magnate Giacomo Costa, 61, to make the first move to clean up the city's mercantile morass. For Genoa, Costa's scheme was downright startling. Concluding that the only long-term solution to the city's port problem was to look for space elsewhere, he got the backing of 170 leading Genoese businessmen, built a new landlocked "port" on the other side of the Apennines, 40 miles inland at Rivalta Scrivia. Linked to the sea by its own railroad and highways, the new facility is designed to ease...
Brought to Heel. In the end, that included the unions. The government ordered stiff new work rules for Argentine port workers, whose strikes and "holidays" idled the docks for more than 150 days last year. A few weeks ago, the government began a similar cleanup of Argentina's government-owned railroads, which are losing $1,000,000 a day. When labor leaders decided that enough was enough and called for strikes and protest demonstrations, Onganía's government barred street rallies by the unions, broke off all dialogue with the confederation and ordered state-owned broadcasting stations...
Hurled from a Perch. Once a bastion guarding the shipping lanes of the Empire, barren, steamy Aden today has commercial value only as a bunkering port at the entrance to the Red Sea (the colony has oil refineries but no known oil). Last year the British bowed to nationalist demands and announced that they would grant independence in 1968 to a South Arabian federation of Aden and 16 neighboring sheikdoms. The concession only heated up the long-smoldering terrorism. From the fanatical National Liberation Front to the moderate South Arabian League, each nationalist faction tried to outdo the other...