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<a href="http://www.accessmylibrary.com/article-1G1-97427565/move-moon-possible-scenarios.html" title="Facts and information about 'Move to the Moon'.(possible scenarios if war against Iraq proceeds)(Brief Article)">'Move to the Moon'.(possible scenarios if war against Iraq proceeds)(Brief Article)</a>
'Move to the Moon'.(possible scenarios if war against Iraq proceeds)(Brief Article)
Newsweek International
|
February 10, 2003 |
Theil, Stefan |
COPYRIGHT 2003 Newsweek, Inc. All rights reserved. Any reuse, distribution or alteration without express written permission of Newsweek is prohibited. For permission: www.newsweek.com. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
British and American losses mount as street fighting rages in Baghdad. CNN and Al-Jazeera broadcast harrowing images of war casualties. Responding to unrest at home, Arab governments cut oil production and Western access to their military bases. An attack on Tel Aviv draws Israel into the war. Al Qaeda sets off bombs in London and Los Angeles. In a final Gotterdmmerung, Saddam destroys his country's oilfields and fires off the weapons of mass destruction he has, after all, developed.
While businesses are betting that Gulf War II will follow the pattern set by Gulf War I--short, followed by a quick drop in oil prices-- everyone is pondering the alternative. The worst-case scenario above was drawn up at the Center for Strategic & International Studies in Washington by a panel including former U.S. State Department staff and economists from Goldman Sachs and Deutsche Bank, who gave it a 5 to 10 percent probability. The chance of a less ...
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Source: HighBeam Research, 'Move to the Moon'.(possible scenarios if war against Iraq...