FERDINAND E. MARCOS - Lcgmn.com

advance
news
in the wake of today's WORLD EVENTS
• Britain -
"Unjoining Europe"?
"My Government," announced Queen Elizabeth in
a speech written for her in early March by Britain's new
Labour Party Cabinet, "will seek a fundamental renegotiation
of the terms of entry to the European Economic
Community. After these negotiations have been
completed, the results will be put to the British people."
Ever since Britain formally ')oined Europe" or
became a member of the nine-nation Community in
January 1973, Labour Party leader Harold Wilson has
sibly to accommodate nuclear submarines and bombers .
Many observers feel it could mark the beginning of
a chain reaction of superpower rivalry and military
competition in an area which has previously been considered
a "zone of peace."
The British-owned island, 1,000 miles south of India,
sits astride the great sea lanes through which most
of the world's imported oil passes daily. Tankers
carrying some 70% of Europe's oil and some 90% of
Japan's oil travel routes within easy policing range
from Diego Garcia. Some 12% of all U. S. oil needs
repeatedly emphasized his party's de- s:- r-............................ --.............. --------=-~-....... ----------....... ~
sire to improve Britain's lot in the Com- ~
munity or to get out altogether. The vi
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British have never been overly enchanted
with the Common Market and t:
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have become even more disillusioned