Word: bankrupts
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
...competition, but only if the industrial countries, and especially the U.S., take more drastic steps to conserve energy and reduce imports than any they have instituted yet?and even then OPEC might come back together. It is presumably not in the cartel's economic or political self-interest to bankrupt its major customers, especially since many of OPEC's member states have invested their excess profits in the West. Yet even moderate nations like Saudi Arabia, which have fought to keep price boosts to a minimum, argue that inflation price hikes will be necessary as long as oil prices...