Word: steels
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...prevailing winds in Cairo blow north or south. One brings toxic fumes from the lead and zinc smelters in Shubra El Kheima just north of the city. When the wind shifts, it brings poisons from the steel and cement factories in the south, in Helwan. President Gamal Abdel Nasser converted the health resort of Helwan into an industrial showpiece in the late 1950s and 1960s. Today it is notable for its myriad dead trees...
...stranger to controversy. In March 1983 he was promoted from Budget Minister, a junior position in the French Cabinet, to head of the Ministry for Industry and Research. His impact was immediate: he began to redirect large government subsidies away from such loss-making nationalized industries as steel, shipbuilding and coal toward new high-technology enterprises. When the government announced plans to eliminate 25,000 of the 90,000 jobs in the steel industry by 1987, ugly riots erupted in Lorraine...
...economic affairs but also over foreign issues like Mitterrand's support for NATO's plan to deploy intermediate-range missiles in Western Europe. After learning of Fabius' appointment, members of the party politburo met in emergency session at the Communists' fortress-like glass-and-steel headquarters. Despite three hours of deliberation, they were unable to agree on how to react. The indecision continued even after Party Leader Georges Marchais had hastily returned from his vaca tion on the beaches of Rumania. A Communist delegation met with Fabius to ask for guarantees that the fight against unemployment...
...full Circle, Steel...
...President has 60 days to decide what to do. Reagan is philosophically opposed to protectionism, but he may agree to import curbs rather than risk losing votes in big steelmaking states such as Pennsylvania and Ohio. The quotas, however, would limit the supply of steel in the U.S. and thus raise its price. That, in turn, could hurt all consumers by driving up the prices of a wide range of products...