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To: Oblomov who wrote (162018)4/25/2002 9:29:52 AM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 436258
 
EURO up USD down sharply even after a weak Ifo report out of Germany the reason? Saudi Arabia

Arabs know only the to extort from others their will. It will be crucial for the US to stand strong. No one should give the US ANY ultimatums. If the statement below are true it is just short of declaring war if the US does not bow to the arabs. No wonder the USD dropped today and yesterday

But the Saudi delegation also brought a strong sense of the alarm and crisis that have been heard in Arab capitals.

"It is a mistake to think that our people will not do what is necessary to survive," the person close to the crown prince said, "and if that means we move to the right of bin Laden, so be it; to the left of Qaddafi, so be it; or fly to Baghdad and embrace Saddam like a brother, so be it. It's damned lonely in our part of the world, and we can no longer defend our relationship to our people."

nytimes.com