Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : COMS & the Ghost of USRX w/ other STUFF -- Ignore unavailable to you. Want to Upgrade?

To: Scrapps who wrote (12863)	2/17/1998 6:39:00 PM
From: Glenn D. Rudolph	Respond to of 22053

IRAQI POLITICIANS BELIEVE ANNAN'S VISIT IS HOPE FOR DIPLOMACY Futures World News - February 17, 1998 16:13 GOVERNMENT STOCK FINANCIAL CURRENCY ENERGY V%FWN P%FWN Feb. 17-FWN/UPI--IRAQI DIPLOMATS AND POLITICIANS worldwide said today they believe a visit by U.N. Secretary-General Kofi Annan to Baghdad may be Iraqi President Saddam Hussein's last chance to allow U.N. weapons inspectors unimpeded access and to avoid a military strike by an international task force. British Foreign Secretary Robin Cook said the five permanent members of the U.N. Security Council have come "very close" to an accord on Iraq. Cook said Great Britain, the United States, Russia, France and China have worked out a plan to be handed over to Saddam in order to settle the crisis over arms inspections. It's impossible to predict whether the Iraqi president would agree to the compromise solution, which would bring diplomats as well as U.N. observers to Iraq, Cook said, but he hoped an agreement could be reached shortly. Meanwhile, Russia's General Alexander Lebed said the likelihood of a military strike against Iraq is now great because of the firepower already assembled in the Gulf. "Everything has been mobilized, the forces have been pulled up and the strike will be delivered," Lebed said. The general said a failure by the United States to use force would shame the country while warning the consequences of a strike are unpredictable. The Arab world remains split on the need for a massive military strike against Iraq. Bahrain is the latest to announce it would not allow military action to take place from its territory. Bahrain said a military strike could be a catastrophe for the Gulf region and the entire Arab world. Earlier, Saudi Arabia said it was against letting U.S. forces use its air bases to launch an attack against Iraq. So far, Kuwait is the West's staunchest ally in preparations for a strike. French President Jacques Chirac summed up the situation, warning Iraqi Foreign Minister Mohammed Said al- Sahhaf that "a diplomatic solution is still possible but time is now running out."