Word: resistences
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Here's a nightmare scenario: Iraqi ground troops led by the Republican Guard resist to the bitter end. Saddam hunkers down in a densely populated section of Baghdad, broadcasting calls for sabotage against oil facilities around the Persian Gulf. Large-scale battles tail off in a few weeks, but sporadic attacks on U.S. forces and oil installations continue. Fearful workers and engineers refuse to operate Iraq's oil fields, which close down for as long as six months. In this case, experts say, prices would probably peak above $40 per bbl. and, once fighting ended, fall gradually by year...
...anytime soon. In the aftermath of war, Iraq could come under U.S. pressure to quit OPEC, but Baghdad is likely to resist because of its continued interest in maintaining higher prices. OPEC's share of world petroleum output has been slipping, however, from more than 50% in 1974 to about 42% today. And if cash-strapped Iraq eventually decides to boost production as high as 6 million bbl. a day, it could push world prices down sharply. So cheap oil may be on the way, but it could be a long time coming. --With reporting by Blaine Greteman/London, Scott MacLeod/Cairo...
...brainwashed. I never ran for student council in high school. I assumed it was completely bogus. Yet for some reason, the allure of trying to make life here more fair, more fun, and more like what we dreamed about was too much for me to resist. I hate so much about this institution, and like those who stage protests and lodge complaints, I love to hate Harvard...
...Although well short of a full-scale mobilization, these were the first visible signs of military preparations on the highway, and lend a modicum of credibility to the official rhetoric about a readiness to resist an invasion. (With access to the north of the country denied to journalists, it was not possible to ascertain whether similar defenses were being set up along other important highways...
...BOTTOM LINE It's like the legend of Ulysses. The pact helps a government to tie itself to the mast and resist the sirens. JOSE MANUEL DURAO BARROSO, Portugal's Prime Minister, on supporting the Stability and Growth Pact