Saddam's Gulf of threats.
The article focuses on the challenges that confront President Saddam Hussein of Iraq to rebuild its oil revenues to pay for imports and foreign debts. The declination of Iraq's revenues is caused by the overproduction of oil in Kuwait and United Arab Emirates. It has been noted that overproduction h...
| Publicado en: | Economist Vol. 316; no. 7664; pp. 37 - 39 |
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| Formato: | Artículo |
| Publicado: |
Economist Newspaper Limited
7/21/1990
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| Materias: | |
| Acceso en línea: | Ver este registro en EBSCOhost |
| Sumario: | The article focuses on the challenges that confront President Saddam Hussein of Iraq to rebuild its oil revenues to pay for imports and foreign debts. The declination of Iraq's revenues is caused by the overproduction of oil in Kuwait and United Arab Emirates. It has been noted that overproduction helps keep the oil in low price. Furthermore, Iraq has been asking Kuwaitis to grant them a lease on Bubiyan island and control the banks of the Khawr Abd-Allah. |
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