Word: combatting
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...French combat helicopters and 100 soldiers began heading for Saudi Arabia yesterday. France has deployed more than 7000 troops in the gulf region, most of them aboard warships...
...amazing August charge into the desert of Saudi Arabia could have been a military disaster. The first troops to arrive were ill-equipped and vastly outnumbered by the Iraqi tank army poised in occupied Kuwait. Soldiers of the 82nd Airborne Division were told to expect to go directly into combat, though they carried nothing more effective against tanks than puny Dragon rockets and risky-to-use TOW missiles...
...strength, Iraq's military is not up to American or European standards. Only about 20% of its troops have proved themselves in combat, and only about 500 of its tanks are of the most modern type. Its air force was timid in attacks on Iran, and its military intelligence has nothing like the satellite and electronic capabilities of the U.S. What Iraq is good at is & fighting defensively. And when the going got worse, Saddam would probably fire his poison-gas weapons, much as he did against Iran when defeat looked imminent. He would also probably launch his missiles...
Leftist radicals who think capitalism thrives on war must have wondered what on earth to make of last week. The prospect of combat in the Persian Gulf touched off something resembling panic throughout the financial world. Stock prices sank rapidly in New York City, Tokyo, London, Paris, Frankfurt. At the lows on Thursday, shares of all U.S. stocks had lost more than $600 billion in paper value in slightly over a month, more than in the Black Monday crash of October 1987; on the Tokyo exchange, cumulative losses since the start of the year came to well over $1 trillion...
...trouble. The conventional remedy for recession is deficit spending -- but the budget deficit is so swollen there is little room to pump it up further. The Federal Reserve Board is in an especially impossible position. To ward off or soften recession, the Fed would normally lower interest rates; to combat inflation, it would raise them. To fight both together, it should do -- what? The conventional wisdom is stumped for an answer. The time to move was much earlier: wise policy could have reduced U.S. dependence on imported oil and lowered the deficit during the prosperous years. By doing neither...