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...Egypt, where only seven years ago Gamal Abdel Nasser unleashed virulent anti-Americanism by falsely charging that U.S. planes had wiped out his air force, the U.S. helicopter carrier Iwo Jima placidly anchored off Port Said to begin the minesweeping of the Suez Canal. Meanwhile, the Egyptian government prepared two former palaces of King Farouk for a possible state visit by President Nixon as early as some time...

Author: /time Magazine | Title: MIDDLE EAST: Now, Round 5 of Shuttle Diplomacy | 5/6/1974 | See Source »

Riding at anchor six miles off Egypt's war-battered Port Said was a strange sight-the 18,300-ton U.S. helicopter carrier Iwo Jima. For nearly two decades, the warships of America's Sixth Fleet have been regarded by Egypt as unfriendly and unwanted. But now the U.S. Navy is playing a major role in helping the Egyptians clear the Suez Canal of the explosives and wreckage that have blocked it since the Six-Day War of 1967. TIME's Cairo Bureau Chief Wilton Wynn visited the Iwo Jima last week. His report...

Author: /time Magazine | Title: The World: Clean Sweep of the Canal | 5/6/1974 | See Source »

...economy car it once was. Largely because of repeated devaluations of the U.S. dollar and upward revaluations of the German mark, the price of Volkswagens in the past 18 months rose 30% in the U.S., a market that accounts for one-third of all Beetle sales worldwide. The port-of-entry price of a Super Beetle in the U.S., without options or accessories, is $2,849, compared with a basic $2,442 for a similarly stripped-down Ford Pinto. It is a fact that U.S. and Japanese competitors have been quick to exploit-Ford TV ads, for instance, hammer away...

Author: /time Magazine | Title: AUTOS: The Beetle Stalls | 5/6/1974 | See Source »

...left of poor Fitzgerald is the presence of money, nay, more a proclamation than a presence. The movie, finally, is not unlike an early Newport mansion for a new-monied man. It plasters gold on its surface in true gargoyle style; the pictures too perfectly partake of the New Port pretensions they are supposed to reveal. The movie stands as a tabloid monument to social climbing America--too much of it too new, too raw-nozed, its jaw somehow too square and too set. So completely lacking is it in the distinctions of taste and tradition, so uneducated...

Author: By Emily Fisher, | Title: Red, White and Black Beauty | 5/3/1974 | See Source »

South Africa would be faced with a similar situation in regard to the Mozambican port of Lourenco Marques, which now carries much of the traffic to and from Johannesburg, South Africa's industrial capital. All of this cargo would now have to be routed through one of South Africa's own four ports...

Author: By Peter Shapiro, | Title: The Prospect for Portuguese Africa | 5/2/1974 | See Source »

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