Dossier
1990 Iraq invasion
Coverage of 1990 Iraq invasion in the Nexus archive.
- Kuwait’s caution looks prescient in face of Iran war
Kuwait's cautious economic approach, including a $1 trillion sovereign wealth fund, has provided resilience during Gulf disruptions linked to the Iran war. While other Gulf states pursued rapid modernization, Kuwait's risk-averse policies, rooted in past conflicts like the 1990 Iraq invasion, are now yielding benefits despite a 15% projected fiscal deficit.