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Backed by his chemical-weapons arsenal and million-man army, Iraq's Saddam Hussein has become increasingly belligerent. But the Arab world was taken by surprise last week when Saddam rattled his saber at fellow OPEC members Kuwait and the United Arab Emirates. He accused the two countries of "stabbing Iraq in the back with a poisoned dagger" by conspiring with the U.S. to glut the world oil market. By some estimates, lower oil prices caused by overproduction have cost Iraq, whose debt is as much as $70 billion, some $14 billion in lost revenue. Iraq also charged Kuwait with...

Author: /time Magazine | Title: Iraq: A Poisoned Dagger | 7/30/1990 | See Source »

...forest, and his son Brian, 12, hopes one day to join them there. "If it comes down to my family or that bird," says Haire, "that bird's going to suffer. Where would we be right now if everything that lived on this earth still survived -- the saber-toothed tiger, the woolly mammoth? Things adapt or they become extinct." That applies to his industry as well, says Haire. "If we don't adapt, we'll become extinct...

Author: /time Magazine | Title: Environment: Owl vs Man | 6/25/1990 | See Source »

...ensure his own coronation as master of the Arab universe? That is just what statesmen in the West and the Middle East are asking as Saddam accelerates his determined campaign for regional dominance. In recent months he has thrust himself into the world spotlight with a series of saber-rattling actions, statements and threats that have reinforced his reputation for ruthlessness and provoked disturbing questions about his ultimate designs. "He is playing on an old theme; call it constructive craziness," says Mark Heller of the Jaffee Center for Strategic Studies in Tel Aviv. "If you act like a loose cannon...

Author: /time Magazine | Title: Iraq Sword of the Arabs | 6/11/1990 | See Source »

...spite of Saddam's noisy saber rattling this year, Washington has done nothing to tighten controls over exports of equipment with potentially dangerous applications. The State Department has not declared Iraq a "country of concern," a classification that would impose tighter export controls on a long list of items that might have military applications. In the absence of such a classification, the Commerce Department is currently considering "on a case-by-case basis" 63 applications for licenses to export suspect equipment. The department did belatedly drop Iraq from the itinerary of a special aerospace trade mission by American firms...

Author: /time Magazine | Title: Middle East With a Little Help from Friends | 6/11/1990 | See Source »

...Saber Technology Corp., San Jose, Calif.: Harvard sunk venture capital funds into this company in the mid-1980s. The company collapsed after consuming $10 million in investor money. Its founder was later sentenced to six years in federal prison for conspiring to sell supercomputers to the Soviets...

Author: By Joshua A. Gerstein, | Title: Cafes and Computers: Venture Capital, Harvard-Style | 5/4/1990 | See Source »

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