Word: saud
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WORLD'S BIGGEST TANKER, the 47,000-ton Al-Malik Saud Al-Awal, has been launched in Hamburg, Germany for Greek Shipping Tycoon Aristotle Socrates Onassis, who recently made a deal with Arabia's King Saud to transport about 10% of the country's oil in his tankers (TIME, Feb. 22). Though world shippers have protested that the deal will eventually give Onassis a monopoly in carrying Arabian oil, Onassis plans to go ahead, will use his $6,000,000 giant to ship oil to European markets...
...Lean On. In the midst of it all, Naguib, escorted by his bodyguard, drove to Cairo's airport to perform a routine ceremonial function: a goodbye to King Saud of Saudi Arabia, who last week made a royal visit to Cairo. Suddenly Naguib clutched at his heart and fell to the floor, unconscious. When he revived, bystanders reported that he whispered: "I want to die." Later, the man who helped the tottering Naguib was Colonel Abdel Nasser. They walked to his car together, Naguib leaning heavily on Nasser's arm. For the time being, Colonel Nasser was again...
...back to the U.S. from France "to clear my name." He is under indictment with eight others on the charge of defrauding the U.S. Government by buying surplus tankers through U.S. front corporations. This did not cramp his style. Last week he announced that with the approval of King Saud he had formed a new company to operate some 25 ships transporting about 10% of Saudi Arabia's oil exports...
...Saud's plans "should be made the basis of an inquiry on the part of the United Nations, because, if they are true, they constitute a challenge to the very foundations of world order under law. This raised serious doubts as to whether Saudi Arabia, could continue to be considered a peace-loving nation," he explained...
...similarity between Saud's declaration of Arabian attitude toward Israel and Mussolini's threats of war against Greece in 1922 caused Friedrich to fear that a move toward increased power by Saud might be forthcoming...