دول الخليج العربي

The danger of a U.S.-Iraq military confrontation may be receding for the time being. But now the debate in the administration, Congress, and the public faces a new issue: will the Bush Administration's multilateral strategy prevent it from taking unilateral military action if Saddam Hussein refuses to withdraw from Kuwait

A moderate run-up in oil prices in 1989 has led many oil forecasters to project large price hikes through the 1990s and a far more powerful OPEC cartel; in short another oil shock in the mid-1990s. Recent warnings from forecasters are reminiscent of the alarmist—and mistaken—predictions that followed the oil