Word: nasser
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...Nasser has already started talks with the British and French to settle Suez claims and restore ties with Egypt's old trading partners. Says a high U.S. official in Cairo flatly: "Egypt's Russian experiment has failed...
Before being wafted to paradise by visions of Soviet "aid without strings," the Syrians might profitably examine Egypt's two-year experience of doing business with the Communists. Gamal Abdel Nasser mortgaged Egypt's one big cash crop -cotton-to pay for Soviet-bloc arms. But in midseason the Soviet bloc suddenly stopped buying, leaving the Egyptians with more than one-third of last year's crop unsold. The desperate Egyptians had to unload the rest at cut-rate prices. When the Egyptians found themselves strapped for hard currencies, their Russian friends let them have some Western...
...Soviet bloc has sent Nasser oil, wheat, and old military hardware. But the Communists have been unwilling or unable to supply many of the items his Western-oriented economy needs, notably spare parts and lubricating oils. What they have sent has often proved inferior, e.g., low-quality newsprint that tears in Cairo's high-speed Western presses. Cracked a Cairo editor: "Pravda must go to press at 6 o'clock at night." The domestic economy twitches along in austerity and torpor, with tea and sugar scarcely obtainable except at black-market prices, and the regime invoking military...
...Friendly Nasser. In Cairo the inventor of "positive neutrality" was going through an odd phase. The controlled Cairo press of President Nasser accused the U.S. of plotting with Lebanon's Charles Malik and Israel's David Ben-Gurion to sell out Palestine's refugees to Israel. It accused the U.S. of massing troops behind Turkey's southeastern border to invade Syria. It said that the U.S. has loosed 4,000 agents in the Middle East to destroy Arab nationalism. It reported that a U.S. diplomat in New Delhi tried to steal the Taj Mahal jewels...
...same week as these "news items" appeared, Egypt's Gamal Abdel Nasser called in U.S. newsmen to say that he would be willing to meet with President Eisenhower, if Eisenhower took the initiative. "It is to Egypt's interest to have good relations with the U.S.," said Nasser...