The intuitively appealing and logical argument is that the withdrawal of QE2 will drive up Treasury rates and thus the cost of capital.

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It is logical, they say, to include WiMAX in these devices to drive the adoption of the technology worldwide.

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OPEC's high reserves, low production-to-reserves ratios and a propensity not to adhere to volume quotas, make a drive for higher market share through higher output and lower prices a logical outcome to their current dilemma.

ECONOMIST: Menem replies