Word: economice
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Though Greece has historically had high levels of debt compared to its general economic productivity—a situation only exacerbated by the ongoing financial recession—Harvard professors suggest that its economy is likely to stabilize to pre-recession levels over the coming years.
For instance, in March of 2005, President Bush decided to offer economic incentives including membership in the World Trade Organization to Iran if they agreed to abandon their desire for nuclear power. A year later, after Iran had successfully enriched uranium, the United States, working multilaterally with Britain and France...
The United States’ primary strategy in attempting to rein in Iran has been economic sanctions. Unfortunately, these sanctions have had only a small effect on the Iranian economy as evidenced by the growth in its 2008 GDP by a strong 6.4 percent.
While the United States has been implementing sharper trade sanctions, the economies of Germany, China, Russia, and the United Arab Emirates have reaped the benefits of a larger share of Iranian trade. President Obama recognizes that in order to provide truly effective economic sanctions they must be multilateral and, most...
President Obama must either immediately convince international leaders that a nuclear-armed Iran is a grave danger to international security and implement broader economic sanctions, or plan for military action. Or we can continue to stutter through weak narrow trade restrictions while providing excuses until Iran finally joins the nuclear...