Word: suez
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...rice, matches and meat are scarce. The cotton crop, afflicted by a bollworm plague this year, is in hock to Soviet-bloc countries to pay for the delivery of factories, which the Egyptians manage inefficiently. In fact, there is only one thing that really works in Egypt-the Suez Canal. Because its foreign-exchange earnings are vital, the canal has been given a free hand to recruit the best men available and operate without bureaucratic interference...
...declared: "An international waterway of this kind cannot be worked by a nation of as low technical and managerial skills as the Egyptians." Now, ten years after Nasser's nationalization, it is clear that the Egyptians are, if anything, better capable of running the canal than the old Suez Canal...
...Collisions. The annual report of the new Suez Canal Authority, published last week, shows that 20,289 ships passed through the canal last year, compared with 14,466 in 1955, the year before nationalization. Tonnage has more than doubled, and revenues have almost doubled. Canal Authority Chairman Mashour Ahmed Mashour expects to earn close to $225 million for Egypt this year and increase tonnage about 10%. There have been only two collisions in ten years...
Last week Labor's rebels took organized aim at their leader with a party motion condemning Wilson's decision to maintain Britain's east-of-Suez defense commitments. The issue was carefully chosen, since it enlisted the support of both left and right. The left wing wanted Britain out of Asia on ban-the-bomb grounds; the right wing wanted much the same in order to save money better spent at home...
...decision to act against Egypt came from Ben-Gurion, who had been informed of the Anglo-French plans to wrest the Suez Canal from Nasser. Responsibility for plans and operations was handed to Major General Dayan, who at 38 had been named Israel's Army Chief of Staff in 1953. Nasser had the bigger, better equipped force. To achieve surprise, Dayan delayed general mobilization until the last possible moment before his attack. Then, on Oct. 29, he dropped 395 paratroopers from 16 lumbering Dakotas near the Mitla Pass, only 45 miles from Suez. The first 100 hours...