Word: dependance
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...sense -- the ability to damage Iraq's economy -- the embargo and blockade are undeniably working. Iraq is especially vulnerable to sanctions; its foreign-exchange earnings depend almost entirely -- some 95% -- on oil exports, and shipments have been shut off, depriving Baghdad of more than $1.5 billion in sales every month. Its imports of food and industrial goods have also been squeezed to less than 10% of the quantities Iraq consumed before its invasion of Kuwait last August...
...matter of principle, any Israeli retaliation is certain to be far more punishing than the damage caused by an Iraqi attack. The degree will depend on the number of Israeli casualties and whether Iraq uses chemical weapons. If an Iraqi strike is largely symbolic, causing little or no damage, Jerusalem is expected to calibrate its response accordingly, hitting a few select targets, including the missile bases in western Iraq. Or it may acquiesce to pressure from Washington...
...something from his Kuwait adventure besides his skin. Saddam would announce that in two weeks, 90 days or whenever, he would begin withdrawing some troops from part of Kuwait, and maybe more later. How many initially, how many subsequently, how fast, from how much of Kuwait? That would all depend on what terms the allies and the U.N. offered to have him continue the pullout...
...banking system, 1991 will be the maximum-stress test. The extent of the pain will depend on such influences as the outcome of the Persian Gulf crisis. But with too many banks chasing too little business in a slumping economy, the industry is headed for contraction. How the government responds to the shake-out will determine the shape of U.S. banking for the rest of the 1990s -- and beyond...
...Arab People, everything will depend on how the war goes." Nadav Safran, Albertson professor of Middle Eastern studies said. "If it is over quickly and resolved quickly, it will blow over. If it gets messy, there may be some serious consequences...