Word: rebuilds
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Dates: during 1990-1999
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...disclosed the audacious magnitude of Saddam's scheme last week on CBS's 60 Minutes. Kroll began chasing the hidden billions after Kuwait's government-in-exile hired him in the wake of last year's invasion. His mission: to locate secret Iraqi funds that Kuwait could use to rebuild itself once the crisis ended. "The phenomenon of using front companies is common," Kroll says of his findings. "What distinguishes this one is its level of sophistication...
...urging the Kuwaiti government to end its economic boycott of Israel. Such a move on Kuwait's part would be a major confidence-building measure, and would also benefit many U.S. contractors who do business with Israel and are thus not currently allowed by the Kuwaiti government to help rebuild that devastated country...
...gift comes with a few strings attached. Nothing in it can be sold or lent out. It will go into what is now called the Andre Meyer galleries -- an awkwardly designed space that the Met wants to rebuild. Will Annenberg toss in the extra $10 million or so the museum needs for the job? And will Meyer's name vanish from the plaque, to be replaced by the ex-ambassador's? Don't bet against...
Crippled Kuwait tries to rebuild...
Japan is not the only trading power that has been reluctant to press for contracts to rebuild Kuwait. Firms in Germany expect to miss out on much of the reconstruction because Bonn did not supply troops to the war effort and German companies illegally helped build chemical weapons for Iraq. But neither country intends to walk away from the region and leave a vast market to foreign firms. Kuwait will have to borrow to finance early projects, and flush Japanese lenders could be an important source of funds. While vowing not to attach strings to such money, Japan could well...