Word: output
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...although Tom Priore owns a 1-0 record as the Crimson's starting QB, Harvard's paltry offensive output (only four net yards passing) in its 9-6 win over Columbia has only increased speculation about who will be the offensive leader. For now, the choice remains Priore, who is still listed as the starter for Saturday's 12:30 ESPN-televised game at The Stadium against Northeastern...
...only Kuwait but the Israeli- Palestinian impasse and the civil war in Lebanon as well posed a major impediment to cooperation. En route to the summit, Bush declared himself in favor of technical help that would enable the Soviets to increase oil production and replace some of the output cut off from Iraq and Kuwait...
...results are likely to be especially severe in the U.S., which is uncomfortably vulnerable to any shock. Economists are debating whether the economy is merely on the brink of a recession or already in one. Output of goods and services grew only 1.2% in the second quarter, the fifth straight quarter of growth below 2%. That is likely to spark a continuing increase in unemployment, which rose last month to 5.5%, the highest since August 1988. Corporate profits have declined 12% in the first half, and are likely to sink further, in part because higher interest rates are making...
...damage many of the countries that impose them, since the world relies on Iraq and Kuwait for 10% of its oil needs. But Iraq's opponents won a reprieve last week when important oil producers like Saudi Arabia, the United Arab Emirates, Venezuela and Mexico said they would increase output to make up for most of the shortfall. That news helped stabilize world financial markets and stymie the superquick climb of oil prices last week...
...Saudis did not give it full support. Shutting down the pipeline would be only the first step for Riyadh. An effective halt to Saddam's oil exports would eliminate 10% of the free world's supply from the market. Saudi Arabia would be expected to increase its output to help make up the shortfall and keep prices from soaring. That would be another red flag to Saddam. In short, if an embargo is to work, the U.S. must provide credible guarantees of military protection to Saudi Arabia. Already there were proposals in Washington for dispatching a wing of U.S. fighter...