Word: anglo
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...last week, ugly anti-British riots flared up in Egypt. The Egyptian government had started it by abrogating the 1936 Anglo-Egyptian treaty under which Britain is permitted to garrison the Suez Canal Zone. Parliament, by unanimous vote, told the British to get out. And by the same vote, Egypt announced its intention to rule the Sudan alone, which Britain and Egypt have jointly administered since 1899. Fired by the brave deeds of Parliament, Cairo mobs howled: "Give us arms. Where are the arms?" Egypt's bloodthirsty Moslem Brotherhood vowed to "knock at the doors of heaven with...
...Security Council, boldly informed by Mossadeq that Iran's dispute with the Anglo-Iranian Oil Co. was none of the U.N.'s business, lamely ducked the issue. It passed the question of the U.N.'s authority back to the International Court of Justice at The Hague. The Court probably won't get around to deciding until mid-January; in the meantime, the Council wanly hoped that Britain and Iran would resume negotiations on their own. Said Britain's Sir Gladwyn Jebb: "... A most serious precedent...
...pronounced in good health by U.S. doctors. After that, he quietly moved himself to the Ritz Tower. He was in New York to tell the U.N. Security Council (and a nationwide TV audience) that it had no business interfering with Iran's decision to kick out the Anglo-Iranian Oil Co. State Department men, noting that he had brought along his oil experts, thought the aged Premier might be willing to discuss some other arrangement whereby the West would still get the oil. The British thought it would be tough going. Said one: "Impossible type, you know...
...breaks out in spots when exposed to Egypt's hot sunshine, never ventures outside without a protecting umbrella and gloves). His single-minded policy since his appointment last year: use every means-if necessary, threaten appeals to Russia-to get rid of those British and grab the Anglo-Egyptian Sudan. To him, the Suez is dust in the enemy's eye; since Egypt depends for its life on the waters of the Nile, his real object is the river's headwaters in the Sudan...
...Gulf's market has expanded, so have its hazards. Gulf's partner, Anglo-Iranian, has already lost its great Abadan refinery (see FOREIGN NEWS), and the two are boosting their Kuwait production as rapidly as possible to help meet Europe's oil deficit. Political upheavals are not the only changes. Soaring costs have made the hunt for oil enormously expensive. Recently, Swensrud launched Gulf on the biggest wildcat hunt in the U.S., exploring 800,000 acres leased from the State of Mississippi.* Gulf may well sink millions without result. But Swensrud is not perturbed. Gulf, a pioneer...