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Kuwait Faces Economic Strains Amid Wealth and Foreign Demands
Kuwait, despite vast oil wealth, confronts heavy regional demands on revenue from Arabs and Palestinians. The monarchy seeks higher oil income as political tensions and visits from regional actors complicate finances and public spending. The oil industry revival hinges on increased government revenues and Arab support.
MENTIONED IN THIS ARTICLE
John M. Lee
New York Times Service
Kuwait
Beirut
Israel
Switzerland
Wall Street