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Strategies & Market Trends : P&S and STO Death Blow's -- Ignore unavailable to you. Want to Upgrade?

To: Softechie who wrote (14608)	11/11/2002 2:16:58 PM
From: Steve Lee	Respond to of 30712

The leaders of his "middle east friends" have strong self preservation instincts. Their desire to be on the winning side overcomes any "brotherhood blood". Remember this started over oil: 1) Kuwait and S. Arabia wanted Iraqi oilfields out of action. 2) Kuwait moved their border into Iraq and started to steal their oil. 3) Iraq made noises to the world demonstrating their ire at this. US gave an indication that Iraq would be left alone if they decided to retaliate against Kuwait. 4) US & UK accepted cash in return for protecting Kuwait and S. Arabia. That agreement is still in place today. Saudi Arabia gets dominant market share without plentiful Iraqi oil driving prices down. Kuwait gets to pump oil that is "downhill" from inactive Iraq oil fields US and UK get to profit and have a lot of expenses paid military practice Saddam gets to oppress his people in isolation, while being able to blame the West for their woes In short, all the players are happy. Nobody wants to upset the apple cart. Saddam will agree to UN demands.