The economic threat

Article Abstract:

Economists believe that a quick US victory in Iraq may provide some economic benefits, but the financial costs of maintaining peace will be high for the US. A prolonged conflict would cause skyrocketing oil prices, which would hurt businesses and consumers alike. Effects on the Australian economy are also predicted.

Forecasts, trends, outlooks, Commodity & service prices, Crude Petroleum and Natural Gas Extraction, Crude petroleum and natural gas, Crude Petroleum & Natural Gas, Economic aspects, Prices and rates, Cover Story, Petroleum industry, Natural gas, Petroleum, Gas industry, Wars, War, War economy, Company pricing policy, Industry forecasts

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Howard's high-risk campaign

Article Abstract:

Australian prime minister John Howard is making a politically risky move by siding with the U.S. on Iraq. If the war is prolonged and casualties are high, Howard will lose support, but if a quick victory removes Saddam Hussein and deepens a relationship with the U.S., then Howard's legacy will be enhanced.

International politics, Column, International relations, United States foreign relations, Howard, John Winston

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Coalition of the winning

Article Abstract:

Professor Victor Davis Hanson feels that Australia has a lot to gain from its support of the Bush administration in the Iraq conflict. Australia's willingness to back the U.S. is important for its long-term interests like negotiation of the free-trade agreement with the U.S.

College teachers, College faculty, Beliefs, opinions and attitudes, International trade, Hanson, Victor Davis

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