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guaranteed access to U.S. markets. The Iraq War was designed to "shock and awe" that nation's ruler and to convince other opponents of the U.S., in Damascus and Tehran, especially, that they could be next. Meanwhile, it was hoped that once a pro-Western, democratic Iraq stabilized, it would give the U.
A_R1_00441191 EFTA01964443 answered, "At least $200 a barrel." But it's half that — for a reason: "We now use 60 percent less energy per unit of G.D.P. than we did in 1973," explained the energy economist Philip Verleger. "If the trend continues, we will use half the energy per unit of G.D.P. in 20
g the Kurdish rebellion movement in Turkey. But that assistance subsided with warming relations between Ankara EFTA_R1_00225768 EFTA01840712 and Damascus in recent years. In the meantime, the region is looking much less hospitable to Turkey than it did two years ago. The Kurdish issue also comes int
, collapse. But Ireland, which has done everything the austerity crowd wanted, is in terrible shape too, with unemployment near 15 percent and real G.D.P. down by double digits. Portugal and Spain are in similarly dire straits. And austerity in a slump doesn't just inflict vast suffering. There is gr
ents might be interpreted. But that could change. Now, six years later, with its own popularity in Gaza at a low-water mark and its former ally in Damascus on the ropes, Hamas may decide to encourage those diplomats who are determined to be encouraged. That wouldn't take much of an ideological shift on
precipitate drop in government spending would equal an economic contraction of more than five hundred billion dollars, more than three per cent of G.D.P. The impact could send a fragile economy back into a recession. "It's two to three times bigger in negative terms than even the biggest year of the
ver majority, Erdogan portrayed himself as a neo-Ottoman savior. "Believe me, Sarajevo won today as much as Istanbul, Beirut won as much as Izmir, Damascus won as much as Ankara!" he told cheering crowds at a victory speech in the capital. "The West Bank and Jerusalem won as much as [Turkish Kurdistan'
ll-scale market run on the much larger economies of Spain and Italy. At this point countries in crisis account for about a third of the euro area's G.D.P., so the common European currency itself is under existential threat. And all indications are that European leaders are unwilling even to acknowled
Entities connected to both Damascus and G.D.P.

Barack Obama
PERSON
Bashar al-Assad
PERSON
Lebanon
LOCATION
United States
LOCATION
Bill Clinton
PERSON
George W. Bush
PERSON
Tehran
LOCATION
Benjamin Netanyahu
PERSON
Tunisia
LOCATION
Hosni Mubarak
PERSON
Cairo
LOCATION
Terje Rod-Larsen
PERSON
Hillary Clinton
PERSON
Saddam Hussein
PERSON
Vladimir Putin
PERSON
Yemen
LOCATION
Middle East
LOCATION
Fatah
ORGANIZATION
Marc Rich
PERSON
Jerusalem
LOCATION