Word: kuwait
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...Marine 1st reconnaissance Battalion waits in Kuwait for the order to invade Iraq, there's a troubling rumor. It's not about the mission or WMD or the equipment they have not received. It's about Jennifer Lopez. J. Lo's dead, the buzz says, and the government is hiding the truth to prop up morale...
...written off all the money owed to it by Iraq--$7 billion, including interest--as the U.S. encourages Iraq's creditors to forgive some $70 billion remaining in foreign debt that the country accrued under former dictator Saddam Hussein. With Jordan appointing an ambassador to Iraq last week and Kuwait and Bahrain saying they are soon to follow, the U.A.E.'s announcement is being seen in Baghdad and Washington as evidence of warming relations between Shi'ite Iraq and its Sunni neighbors...
Estimated Iraqi debt, in billions of dollars [This article contains a table. Please see hardcopy of magazine.] U.N. COMPENSATION COMMISSION $28 SAUDI ARABIA 15 KUWAIT 15 THE PARIS CLUB* 8 QATAR...
Another panelist, Saad al-Barrak, deputy chairman and group CEO of Kuwait-based mobile-phone operator Zain, argued that the greater political challenge may be internal, with Gulf countries making poor progress toward democratic reform. While the region has built key "hardware" such as roads, schools and skyscrapers, al-Barrak said it has yet to develop the "software" required to fulfil its potential - an efficient legal system, regulatory transparency and free elections. "That is what creates sustainability," said al-Barrak. "That anchors the future." He also criticized the Gulf's bloated public sector, joking that Kuwait has so many government...
With oil bumping pushing past $120 a barrel, you can bet you could hear a pin drop in the room. But what exactly was he talking about? Iraqi Shi'a militias invading Kuwait and Saudi Arabia, burning their oil fields, driving the price of gasoline up to $10 a gallon and us into a depression? Crocker wouldn't elaborate on his vague warnings, preferring to leave it at a sense of dread...