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Protests against the U.S. military presence in the Persian Gulf continued at Harvard on Sunday, as more than 150 people met on the steps of Widener Library for a "speak-out" against...

Author: By Esme Howard, | Title: 150 Gather for Sunday Speak-Out Against War | 1/23/1991 | See Source »

Partial withdrawal would be an entirely different matter. Under the most frequently rumored scheme, Iraq would pull out of most of Kuwait but keep the southern part of the rich Rumaila oil field and the islands of Bubiyan and Warba, which would allow unimpeded access to the Persian Gulf. Bush and the U.S. allies have branded partial withdrawal unacceptable, since it would reward Saddam for aggression. But, says Michael Dewar, deputy director of London's International Institute for Strategic Studies, that move "paralyzes Washington's military option." It would be difficult if not impossible to justify a war costing thousands...

Author: /time Magazine | Title: Saddam's Options | 1/21/1991 | See Source »

...banking system, 1991 will be the maximum-stress test. The extent of the pain will depend on such influences as the outcome of the Persian Gulf crisis. But with too many banks chasing too little business in a slumping economy, the industry is headed for contraction. How the government responds to the shake-out will determine the shape of U.S. banking for the rest of the 1990s -- and beyond...

Author: /time Magazine | Title: Special Report: Crisis in Banking: Requium for a Heavyweight | 1/21/1991 | See Source »

However historians eventually judge the rush of events in the Persian Gulf, few will fairly conclude that what occurred was a failure to communicate. For months, George Bush has agonized that Saddam Hussein has not got the message. Tariq Aziz buried that illusion last week in Geneva. That was no dialogue of the deaf, as some have labeled it. Clarity reigned. James Baker detailed the horror that awaits Iraq if peace dies. Aziz undoubtedly knew the truth of the Secretary of State's assertions. But Aziz knows his boss too, and probably knows as well that no matter how unambiguously...

Author: /time Magazine | Title: The Moment Of Truth | 1/21/1991 | See Source »

...more than a year after the arrest of the loathsome dictator, it's fair to ask: What did we accomplish in Panama? Because if Panama is to be our standard for success and the yardstick by which any action in the Persian Gulf may be measured, we ought to know what "success" looks like -- after the smoke clears, that is, and the dead have all been laid to rest...

Author: /time Magazine | Title: Essay: Who Wants Another Panama? | 1/21/1991 | See Source »

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