Sunday, April 02, 2006

in the news this week


"Traders remain extremely nervous about gasoline supplies, especially with the switch to ethanol nationwide," said energy analyst Peter Beutel of Cameron Hanover.

WASHINGTON (AP) -- Construction spending rose to a record level in February as home building hit an all-time high despite a weakening in home sales, the government said Monday.

DETROIT (AP) -- General Motors Corp., which is struggling to turn around its North American automaking operations, announced Monday that it has reached an agreement to sell a 51 percent stake in its profitable finance arm.

TEHRAN, Iran (AP) - Iran successfully tested its second new torpedo in as many days Monday, the latest weapon to be unveiled during war games in the Gulf that the military said are aimed at preparing the country's defenses against the United States.March 30, 2006 -- A group of traders on The New York Mercantile Exchange are furious at being denied a chance to buy pre-IPO shares in the lucrative energy market and some are threatening to walk off the job if seat owners don't bend to their demands. (NY POST)

While the city faces a looming electricity shortage, an application for an underground steam and electrical power plant on the East River waterfront in Brooklyn is gathering dust in an Albany office. (NY SUN)

NEW YORK, April 1 (UPI) -- New York Mayor Michael Bloomberg says golf fairways would suffer if illegal immigrants were returned to their native country.

A high-level meeting will take place in the Ministry of Defence at which senior defence chiefs and government officials will consider the consequences of an attack on Iran. (UK NEWSTELEGRAPH)

As tensions increase between the United States and Iran, U.S. intelligence and terrorism experts say they believe Iran would respond to U.S. military strikes on its nuclear sites by deploying its intelligence operatives and Hezbollah teams to carry out terrorist attacks worldwide. (WASHINGTON POST)

On December 18, 2000, just after the Supreme Court ruled on the election, Hillary Clinton gave Laura Bush a tour of the White House. The incoming-First Lady was dismayed at what she saw: Not only were carpets and furnishings fraying and in disrepair in the West Wing and public areas, the Oval Office was done in loud colors—red, blue, and gold! The East Wing was cut up into small offices and had exposed electrical conduits. Many of the furnishings looked dated.(MATT DRUDGE)

ABC News suspended the executive producer of the weekend edition of "Good Morning America" yesterday over a pair of leaked e-mails in which he used inflammatory language to slam President Bush and Madeleine Albright. (WASHINGTON POST)

A FORMER Russian prime minister has warned that his country is slipping into a dictatorship similar to the harsh regime in neighbouring Belarus.(TIMEONLINE)

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