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Monroe News Star in Monroe, Louisiana

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Newspaper

Monroe News Star

Location

Monroe, Louisiana, United States of America

Date

Jun 13, 1975

Page

3

Egypt Faces Slow Relief From Suez Revenues Amid Debt

Egypt's debt climbs beyond 72 billion dollars as President Sadat struggles to fund interest payments and food imports for 36 million people. Reopened Suez Canal may yield 450 million annually but shipping and insurance costs, lack of peace, and canal expansion needs threaten profits.

Cairo Egypt Suez Canal Anwar Sadat Suez Suez Canal Authority Sadat Texas Nile River Valley Middle East Iran Aly Reza Persian Gulf Ministry of Economy and Economic Cooperation Saudi Arabia Kuwait

Electric Utilities Cite Capital Needs

The Edison Electric Institute says the main hurdle for U S utilities is expansion financing, not raw materials. It projects 750 billion dollars needed over 25 years, with about two thirds from external sources and over 460 to 520 billion in commercial markets. It urges rate and tax policy changes to ease capital access and accelerate hearings. The study draws on 18 month work with multiple consultants.

Richard Hughes UPI New York Edison Electric Institute United States EEI Institute EET

Also Mentioned on This Page

Housing and Urban Development Carla A. Hills Senate Banking Committee Washington West Germany Japan The Romania Bulgaria Taiwan Korea Morocco Richard M. Nixon Breard Monroe Regulatory Commission United Bible Society CNS Food Mart N. 7Th West Gospel Meeting Church of Christ Wallace Dean RD. Est Evangelist Wayne McKamnie Rmcon Dacron Eastgate Shopping Center Granddad Ankamericon Dad
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