Word: rebuilding
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...that the war is over and the U.S. occupies Iraq, the country's role as swing producer presents a different set of problems. If Iraq limits its production to 2.5 million to 3.5 million bbl. a day, it will fail to generate enough revenue to rebuild its infrastructure, pay off at least a portion of the $400 billion it owes in debt and war reparations, modernize existing oil fields, open new ones and raise the living standards of its people. In fact, a State Department--sponsored advisory group of Iraqi exiles has concluded that the country needs to double...
...stake is a big investment and a big potential payoff. Early deals to get the oil fields producing again, and to rebuild the country, might be an indicator that the U.S. is in no rush to bring foreign companies into the mix. Halliburton Co., the Houston oil-field supplier, and Bechtel Corp., the San Francisco engineering and construction firm, have been awarded contracts worth close to $800 million. Halliburton was headed by Dick Cheney before he joined the Administration, though the White House says he played no role in the selection...
...Ferguson has argued, the U.S. doesn't seem prepared to make the long-term commitment of resources and talent to its imperial possessions that, for better or worse, Britain did. But let's pretend the U.S. really is prepared to send its best and brightest to help rebuild Iraq. And let's concede, as Ferguson contends, that "liberal imperialism," with its free flow of capital and goods, really can help poor countries grow richer. Would the U.S. be wise to commit itself to such a vocation...
Gates also considered an offer from Princeton, but turned down the opportunity to jum[ ship this Dec., citing a desire to “remain behind to maintain stability as the department attempts to rebuild...
...hope Powell's plan to include the U.N. in the effort to rebuild Iraq prevails over Rumsfeld's unilateral approach. But given Bush's go-it-alone war rhetoric, it doesn't look good for the sensible path espoused by Powell. So it appears that the hawks are destined to win. Their pipe dream of quickly building a democracy is ludicrous. And what if Iraq's free choice of leadership does not meet with the hawks' approval? Would pre-emptive intervention be necessary again? DICK MEIS Murrieta, Calif...