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...Cyprus quarrel had grown too dangerous to tolerate for either Turkey or Greece, whose amity is precarious at best, had only been painfully re-created after the killings and mass transfers of their two populations after World War I. The Turks, now threatened on their southern flank by Nasser's annexation of Syria and by Communist infiltration in Iraq, needed friendship with Greece In order to secure their western flank. The Greeks, after winning little sympathy In NATO, had failed to get a strong U.N. resolution on Cyprus last December. This apparently was the turning point: on the familiar...

Author: /time Magazine | Title: CYPRUS: Something Like a Miracle | 2/23/1959 | See Source »

...Soviet-bloc nations are muscling in on the Middle East, particularly in the field of heavy construction, where the West Germans previously had a clear lead. Last December, despite the fact that West German experts were the first to make technical studies of the proposed Aswan High Dam, Nasser's United Arab Republic, in accepting Russian financial help, pledged itself to give Russia exclusively the first five years' construction work. This month Russia grabbed off 20 choice, long-term industrial projects in Iraq...

Author: /time Magazine | Title: Foreign News: WEST GERMANY INVADES THE MIDEAST | 2/23/1959 | See Source »

Where the West German businessmen must generally charge 8% interest on credits, the Communists frequently charge as little as 2½%. This is not philanthropy: in every such bargain there is a concealed political string. To pay for Communist arms and aid, Egypt's Nasser has mortgaged much of his cotton crop for years ahead. By reselling this cotton at cut prices to Western textile manufacturers (including West Germans), the Communists have driven Egyptian cotton exporters out of much of the European market, have thus deprived Egypt of a major source of foreign exchange and reduced her ability...

Author: /time Magazine | Title: Foreign News: WEST GERMANY INVADES THE MIDEAST | 2/23/1959 | See Source »

...Halt. Worrisome as it is, the Communist trade offensive has not discouraged West Germany's own drive to the East. Partly because of the poor quality of 30 locomotives which Nasser bought from Communist Hungary two years ago, partly by agreeing to accept some of the price in cotton instead of cash, West Germany's Henschel Works fortnight ago snatched an Egyptian State Railways order for 108 diesel-electric locomotives away from both Russian and U.S. bidders. And in the Ruhr several major industrial firms are mulling over plans for a "Mideast pool" which would merge their commercial...

Author: /time Magazine | Title: Foreign News: WEST GERMANY INVADES THE MIDEAST | 2/23/1959 | See Source »

From the testimony broadcast on the Iraq radio and TV last week, Aref emerged as a conceited, emotional type, whom Nasser himself reportedly characterized as "a child." Nevertheless, there was no proof that he plotted against the state and, since Kassem himself refused to testify, there was also nothing but hearsay to contradict Aref's claim that when he drew a pistol in Kassem's presence last October he had only done so in a hysterical attempt to kill himself. Several leaders, including Brigadier Naji Talib, a top figure in the shadowy "free officers' group" that plotted...

Author: /time Magazine | Title: IRAQ: Death for a Brother | 2/16/1959 | See Source »

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