WORLD: GLOBAL ECONOMY LOSES $75-100 BILLION BECAUSE OF U.S.-LED WAR ON IRAQ.(to lose in first-half 2003)(Brief Article)

IPR Strategic Business Information Database | April 9, 2003 | Copyright

According to Al-Hayat newspaper (April 4, 2003), Philip Suttle, Chief Economist at JP Morgan Tae-Hee Yoon, CEO of Korea Economic Intelligence & former Senior World Bank Officer, announced that the US-led war on Iraq will cost the global economy $75-100 billion in the first half of the present year of 2003. Shuttle also said that military operations in Iraq, which presently have been launched for three weeks, ...

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