Rice hails 'remarkable' progress in Iraq US Secretary of State Condoleezza Rice on Tuesday praised "remarkable" political progress in Iraq, saying during a surprise visit to Baghdad that it represented a time of hope for the country. "Iraq is moving forward in a way that is promising but still fragile," Rice told reporters after talks with Iraq's leaders. [See: Iraqi Official's Convoy Runs Over School Children, Killing 5 ]
Nasrallah warns against US Iran attack Hizbullah's leader said Tuesday that any US attack on his patron Iran would be "the biggest folly" in American history. Sheik Hassan Nasrallah's comments came as US President [sic] George W. Bush toured the Middle East on a trip used in part to drum up Arab opposition against Iran, which Bush called "the world's leading state sponsor of terror." Responding to Bush, Nasrallah said Iran would defend itself against any US attack.
Nasrallah warns against US Iran attack Hizbullah's leader said Tuesday that any US attack on his patron Iran would be "the biggest folly" in American history. Sheik Hassan Nasrallah's comments came as US President [sic] George W. Bush toured the Middle East on a trip used in part to drum up Arab opposition against Iran, which Bush called "the world's leading state sponsor of terror." Responding to Bush, Nasrallah said Iran would defend itself against any US attack.
Senator Biden Issues Statement on Saudi Arabia Arms Sale Chairman of the Senate Foreign Relations Committee Joseph R. Biden, Jr. (D-DE) issued the following statement today after the Bush Administration announced that it would officially notify the Senate Foreign Relations Committee today of its intent to sell Joint Direct Attack Munitions (JDAMs) to Saudi Arabia, as part of the much larger package of arms sales to Saudi Arabia, Kuwait, and the United Arab Emirates: "I will explore the formal package very closely. We need to be convinced that the sale makes sense militarily and ensure that it in no way harms our security or those of our allies."
Guantanamo clouds George Bush's Saudi visit President [sic] George W Bush will face a frosty reception today during a visit to Saudi Arabia amid anger at America's continued detention of the kingdom's citizens at Guantanamo Bay. The US president arrived in Riyadh last night on the latest stage of his tour of the Middle East and was treated to the lavish personal hospitality of King Abdullah.
U.S. sending 3,200 Marines to Afghanistan The United States will send an additional force of about 3,200 Marines to Afghanistan this spring to help NATO troops and Afghan security forces confront rising Taliban violence, the Pentagon said on Tuesday.
U.S., Poland hopeful of missile shield deal . and Polish officials on Tuesday expressed optimism that they can strike a deal which would allow U.S. missiles to be installed in Poland as part of an offensive shield for Europe.
France signs up to £2 billion deal to build nuclear plants in the Gulf France has agreed a £2 billion deal to build nuclear power stations in the Gulf and in return has secured a military base there. The French base in Abu Dhabi would accommodate up to 500 troops. It would probably serve as a maintenance station for France's naval vessels in the Gulf and could also be used as a springboard to send troops into the troubled region.
Japanese Senator Questions 9/11 By Alan Miller. On January 11th 2008, Fujita Yukihisa made a 30 minute presentation at the House of Councillors (equivalent to the U.S. Senate). He directly questioned the official version of 9/11 in a session with Japanese Prime Minister Fukuda Yasuo and members of his Cabinet. Fujita is a member of the opposition party, Democratic Party of Japan (DPJ). He was elected to the House of Councillors in 2007.
US banks get $21bn foreign bail-out Citigroup and Merrill Lynch turned to foreign investors for an unprecedented bail-out on Tuesday, saying they would raise a total of $21.1bn in fresh capital – mainly from outside the US – to shore up balance sheets devastated by the subprime mortgage crisis.
U.S. wholesale prices rise last year by largest amount since 1981 U.S. wholesale prices shot up 6.3 percent in 2007, the biggest advance since 1981, driven by soaring energy costs, the Labor Department reported Tuesday. The big increase in wholesale prices, which measure cost pressures before they reach the consumer, followed gains of 1.1 percent in 2006 and 5.4 percent in 2005.
Consumer Spending Drop Raises New Fears Consumer spending, the critical bulwark that has kept the country out of a recession, is showing signs of cracking. Retail sales plunged by 0.4 percent last month as consumers battered by a sinking housing market, rising unemployment and the credit crunch, handed retailers their worst Christmas in five years.
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