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Ostracized politically by 18 Arab countries that have broken off diplomatic relations with Cairo.* Egypt has been dealt a series of punishing economic blows and now faces the threat of more to come. First, Saudi Arabia appeared to renege on its year-old promise to buy 50 U.S. F-5 fighter planes for Egypt at a cost of $525 million. Then Saudi Arabia and Kuwait both threatened to withdraw their $1.6 billion in petrodollars from the Central Bank of Egypt...
...distinguish the MIRVs from the non-MIRVs, so the U.S.S.R. might have to insist on treating Malmstrom as an American D-and-P after all. Gromyko also raised for the first time with Vance a number of unresolved issues that had previously been considered secondary and had been dealt with exclusively by the permanent delegations, most notably cruise missiles. The Russians wanted, among other things, a ban on multiple-warhead cruise missiles?an exotic drone that the Pentagon had no intention of deploying during the treaty period but wanted to be free to test...
Intentional deception sometimes leaves the citizenry in a plight as awkward as Hendrie's. Last month a former ranking employee charged that the Hooker Chemicals and Plastics Corp. of Niagara Falls, N. Y., had kept workers in the dark about the hazards of toxic chemicals they dealt with. Federal atomic authorities, it was disclosed last month, were encouraged by President Dwight Eisenhower to confuse the public about the risks of radiation fallout during the atomic bomb tests in Nevada in the 1950s; Government officials refused to warn inhabitants of nearby regions that they were absorbing possibly lethal doses...
...describes (in lurid and graphic detail) Mary Ellen's "confused reaction to her first menstrual period." Lee Grant--Phyllis to sitcom junkies-- asks her daughter whether she lost her virginity on a ski weekend with a group of teenagers. "The subject matter was simply unacceptable for Family Viewing. It dealt too directly with sex." CBS editors jokingly called the episode--which the writer titled "Bess, Is You a Woman Now,"--"Did Bess Get Laid?". And this is the absolute high point of the book. Not a boring subject; but as for the book, we're talking dull...
...world market commonly discounts at 25 to 40 per cent. Since the most recent two or three years have seen many deficits and limited profits in U.S. subsidiaries in South Africa, it would seem that a sizable share of the proceeds of any sale of assets there would be dealt with by the South African Foreign Assets Control officials as old profits requiring such a license. I understand that security rands are not currently legal tender in South Africa, and that the government bonds in question are likely to be of the 15 to 30 year category. If all this...