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...Egypt's President Hosni Mubarak, as the prime suspect. Central to this view is the fact that a Libyan cargo ship, the Ghat, entered the northern end of the canal on July 6, then traveled southward through the canal and the Gulf of Suez to the Ethiopian port of Assab on the Red Sea, where it unloaded its cargo and eventually headed back toward the canal. According to Egyptian officials, that round trip should have taken the Ghat about eight days. In fact, it took 15 days. Long before the Ghat left the canal on its northward voyage, several...

Author: /time Magazine | Title: Terrorism: Scouring the Red Sea Floor | 8/27/1984 | See Source »

...export facilities in the gulf, has been unable to transport enough oil over its remaining outlet via Turkey to meet its quotas under the Organization of Petroleum Exporting Countries (OPEC). Work is expected to begin soon on two pipeline projects, including one that would cut across Jordan to the port of Aqaba, and another that would join with Saudi Arabia's petroline and carry Iraqi oil to the Red Sea port of Yanbu. Iraqi officials talk of finishing one or both projects within 18 months. Together with the existing line that carries 1 million bbl. a day of Iraqi...

Author: /time Magazine | Title: Terrorism: Mystery Mines | 8/20/1984 | See Source »

...would still be permitted to travel and trade freely; the Hong Kong dollar would remain convertible on the world currency markets. Although China would be in charge of defense and foreign affairs, Hong Kong would be responsible for controlling its trade as well as Asia's largest free port...

Author: /time Magazine | Title: Hong Kong: Making a Deal for 1997 | 8/13/1984 | See Source »

Basu, a democratically elected Marxist, remains remarkably optimistic. He has started building a modern port at Haldia, 45 miles south of Calcutta, which will also include an oil refinery and fertilizer factory. He hopes to build a ring of 17 small satellite cities outside Calcutta, each with self-supporting industry. But perhaps his greatest ground for optimism is that central Calcutta has finally stopped growing...

Author: /time Magazine | Title: And If Mexico City Seems Bad... | 8/6/1984 | See Source »

...unions remain Thatcher's greatest affliction. The dock strike began after a nonunion worker was employed to move iron ore off the docks at Immingham, in eastern England. Though the procedure was routine, the Transport and General Workers' Union called a walkout. Union leaders pressed port employers to agree that nonunion help would never be used again, but the demand was rejected. Many dockers also suspected that the Thatcher government intended to seek a change in a 1947 law that effectively guarantees them jobs for life. The Prime Minister insisted that that was not the case...

Author: /time Magazine | Title: Britain: A Long Summer of Discontent | 7/30/1984 | See Source »

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