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The Waiting Game.(world economy braces for war against Iraq)
Few business people are willing to make the case for war too bluntly. They are, after all, human. Yet after President George W. Bush warned Iraq last week that it has "weeks, not months" to disarm, fighting looks not only inevitable but imminent. And if war is going to come anyway, industries from travel to technology seem increasingly comfortable stating the case for fighting it now--in order to lift the cloud of uncertainty that has been paralyzing the global economy. "As crass as it sounds, it would be good for the whole industry if this thing were short and painless and soon," says Nikolai Juchem of TUI, Germany's biggest tour operator. "We'd all scream 'Hurray!' "
...- Oil prices and growth.
- Magazine article from: National Institute Economic Review Barrell, Ray Kirby, Simon April 1, 2008 700+ words
Over the past fifteen months oil prices have steadily risen from around $60 a barrel to over...sustainable position, as can be seen from our projections for oil prices. Oil prices are expected to fall back to $90 a barrel by the end of...
- Do high oil prices presage inflation? The evidence from G-5 countries.
- Magazine article from: Business Economics LeBlanc, Michael Chinn, Menzie D. April 1, 2004 700+ words
...growing body of evidence suggesting that oil prices may have asymmetric and nonlinear effects...traditionally thought to be more sensitive to oil prices than in the United States, is unlikely...countries. ********** Movements in oil prices have complicated the tasks of policymakers...
- A crude awakening; Oil prices.
- Magazine article from: The Economist (US) August 21, 2004 700+ words
...still has the power to shock. Crude oil prices surged to a record $47 a barrel this...and China are slowing. Could higher oil prices once again push the world economy into...much. Others, however, blame higher oil prices for the sharp slowdown in American consumer...
- Oil prices high, going higher; A nine-year peak in the price of crude shoots...
- Newspaper article from: The Christian Science Monitor Baldauf, Scott November 26, 1999 700+ words
...of cheap oil. The cuts brought oil prices from a near 50-year low of...only ones benefiting from rising oil prices. The war-torn nation of Iraq, hoping...million barrels per day has pushed oil prices up $1.50 in two days. "We...
- Oil prices: prolonged levitation, potential collapse.
- Newspaper article from: Petroleum Intelligence Weekly March 20, 2006 700+ words
...must. It is widely claimed that current oil prices include a premium above the equilibrium...interruption. This makes buyers nervous, so oil prices jump sharply upward at any apparent or...remaining half is the reverse effect: high oil prices themselves contribute to geopolitical...
- No easy way to curb rising oil prices.
- Newspaper article from: Kyodo News International (Tokyo, Japan) April 17, 2005 700+ words
...nations are grappling with a spike in crude oil prices as it looms as a risk to the global economy...7 voiced more concern over costlier oil prices and their impact on the global economy...day talks in Washington. "Higher oil prices are a headwind and the expansion is less...
- Who is afraid of high oil prices? OPEC's power to paralyze industrial economies...
- Magazine article from: Research Bayer, Alexei August 1, 2004 700+ words
Oil prices have reached new records, surpassing...barrel in May. Just as in periods of low oil prices, when analysts typically expect the...endure for the foreseeable future, high oil prices inevitably occasion warnings that the...
- Does OPEC matter? An econometric analysis of oil prices.
- Magazine article from: The Energy Journal Kaufmann, Robert K. Dees, Stephane Karadeloglou, Pavlos Sanchez Marcelo October 1, 2004 700+ words
...that OPEC's ability to influence real oil prices has diminished and that the relationship between real oil prices and OPEC production can be used to test...significant relationship among real oil prices, OPEC capacity utilization, OPEC quotas...
Source: HighBeam Research, The Waiting Game.(world economy braces for war against Iraq)