War With Iraq Could Cost US Up To 1.9 Trillion
A study by the American Academy of Arts and Sciences estimates direct military spending from 50 to 140 billion for a short to long campaign and total costs for a decade ranging from 99 billion to 1.9 trillion. Economic ripple effects could total up to 778 billion from higher oil prices and slower growth, with potential gains of 40 billion from Iraq’s oil resources. the results are considered informed conjecture and limited to the United States.
MENTIONED IN THIS ARTICLE
Washington
Iraq
United States
U.S
American Academy of Arts and Sciences
Academy
Committee On International Security Studies
The
Cambridge
Mass
Bush meets Kenya and Ethiopia leaders on terrorism fight
President Bush told Kenya's Daniel arap Moi and Ethiopia's Meles Zenawi that Africa faces terrorist threats and urged continued international cooperation. He cited al Qaida links to Kenya attacks and discussed potential joint actions and drought relief discussions. Protests accompanied Zenawi's White House visit amid Marine-Ethiopian exercises offshore.
MENTIONED IN THIS ARTICLE
Washington
Africa
Bush
Kenya
Ethiopia
Europe
Daniel Arap Moi
Meles Zenawi
Indian Ocean
al-Qaida
U.S
Nairobi
Bush Administration
Zenawi
White House
Mombasa
CO2 May Limit Plant Growth Under Global Change
A California field study in Science shows carbon dioxide along with warming nitrogen and rainfall changes can reduce plant growth. Doubling CO2 alone boosts production about eight percent, but with other changes the effect reverses, suggesting nutrient limits and complex interactions under climate change.
MENTIONED IN THIS ARTICLE
Washington
California
Science
Rebecca Shaw
Carnegie Institution of Washington
Shaw
Stanford University
She
Richard J. Norby
Oak Ridge National Laboratory
Norby
Brazil poised for second IMF loan amid Argentina talks
IMF expects approval in two weeks for a $3 billion Brazil installment as Argentina delays a new loan. The fund plans a Dec. 19 board discussion while Koehler meets Lula da Silva to discuss prudent policies, currency stabilization, and inflation concerns shaping the Latin American debt outlook.
MENTIONED IN THIS ARTICLE
Washington
Brazil
International Monetary Fund
Argentina
IMF
Thomas Dawson
Latin America
Horst Koehler
Luiz Inacio Lula da Silva
Dawson
Silva
Ré Said
U.S
Koehler
Hhe
World Bank
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