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Word: skyrocketing (lookup in dictionary) (lookup stats)
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...burden, acting like a new tax, helped push the U.S. into recession and put a drag on sluggish economies around the world. With every new rumor out of the Persian Gulf, the war premium swung menacingly. The gyrations gave rise to a frightening question: How high would oil prices skyrocket if fighting actually broke out -- $50 or even...

Author: /time Magazine | Title: Petroleum Markets: Crude in Full Retreat | 1/28/1991 | See Source »

...while the anti-Saddam coalition gave economic sanctions more time to work. At most, it would be Bush rather than Saddam who proposed a compromise in order to avoid war -- and Saddam's prestige in the Arab world as the leader who faced down a superpower and won would skyrocket...

Author: /time Magazine | Title: Saddam's Options | 1/21/1991 | See Source »

...Indiana Democratic Representative Lee Hamilton. "The fact is, in an instance like this, Congress operates on the margin." The reasons for that may be more political than patriotic. If Bush opts for war -- and if Iraq is quickly dislodged from Kuwait at acceptable cost -- the President's popularity will skyrocket. A Congress that tries to thwart him now could later appear guilty of unseemly partisanship. Dovish Democrats in particular would see themselves labeled once again as wimps in the arena of global politics...

Author: /time Magazine | Title: On The Fence | 1/14/1991 | See Source »

...would war be to the U.S. geoeconomic advantage. The price of oil would skyrocket, and our productive capacities would be diverted from the critical technological challenges of the 1990's. Germany and Japan, our primary competitors in the new geoeconomy, are far more dependent than the U.S. on imported oil. Yet, neither has offered much more than lip service to the anti-Iraq crusade. That should tell us something about the new world order...

Author: By Edward Felsenthal, | Title: Bush's World Order is Not So New | 12/5/1990 | See Source »

...torn by disagreements, leading several members to resign. In a reversal of a campaign pledge not to resort to drastic shock-style policies, Fujimori hinted that he would cut price subsidies, raise taxes and streamline state-owned companies. Even by conservative estimates, such severe steps would cause inflation to skyrocket to 250% a month, exacerbate the recession and erode the salaries of the workers who elected Fujimori to help them...

Author: /time Magazine | Title: Peru: Off to a Shaky Start | 8/13/1990 | See Source »

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