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...died. That's bad news for me, but it's not bad news for you." Warren Buffett, chairman of Berkshire Hathaway, quoting from a letter that will tell shareholders his succession plan after he dies "We have to sell our oil. We cannot drink it." Saleh Mansour Al Rajhy, Saudi ambassador to South Korea, arguing that fears of runaway oil prices are overblown "The average E.U. cow receives more than $2 a day in support from governments. That is more than the income of half the world's population." Julian Filochowski, director of the Catholic Agency for Overseas Development...

Author: /time Magazine | Title: Time to Break a Lance on Deflation? | 9/29/2002 | See Source »

...photographs and pour strong Arabic coffee for travelers passing their sentry posts. But there's more to the desert patrolmen than just being the country's answer to the Tower of London's Beefeaters. They are, in fact, a crack squad with responsibilities that include monitoring the borders with Saudi Arabia, Syria and Iraq. Borders that, given Jordan's relative freedoms compared with some other Middle Eastern countries, are kept busy with smugglers and illegal immigrants...

Author: /time Magazine | Title: Hot Spot | 9/23/2002 | See Source »

...clips of smart bombs diving through ventilator shafts. In response, they shaved a million men off their army, and embarked on a modernization campaign. But they drew another lesson too: that Iraq had erred by not attacking U.S. forces as they arrived at the staging area in Saudi Arabia. It's a conclusion that lends itself to China's new strategy of striking against American forces before they're fully deployed...

Author: /time Magazine | Title: China's New Game | 9/23/2002 | See Source »

...propose an alternative to singling out Israel for divestment: let Harvard choose nations for investment in the order of the human rights records. If that were done, investment in Israel would increase dramatically, while investments in Saudi Arabia, Egypt, Jordan, Philippines, Indonesia, the Palestinian Authority and most other countries of the world would decrease markedly...

Author: By Alan M. Dershowitz, | Title: A Challenge to House Master Hanson | 9/23/2002 | See Source »

...both Secretary of State Colin Powell and Defense Secretary Donald Rumsfeld have said, they are being fooled by a Hussein “ploy.” Following Bush’s speech, world opinion had slowly begun turning back in America's favor, to the point where Saudi Arabia had said that we could use their bases to launch military attacks and several European nations had voiced their support for future military intervention. Following Iraq’s release of this letter, some of those countries have jumped right back on the fence—which is exactly where...

Author: By Rahul Rohatgi, | Title: Don't Let Saddam Fool You | 9/23/2002 | See Source »

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