Tuesday, July 31, 2007

 

White House sees black gold in melting sea ice

Date: Tue, 31 Jul 2007
NEWS

Rice, Gates push Mideast for support
---------------------------------------------
The Bush administration said Monday that a new multibillion-dollar
military
sales package for Arab nations will help secure Iraq and the Persian
Gulf
while promoting stability and U.S. influence in a Middle East threatened
by
terrorism and rising Iranian ambitions.

Feds search Sen. Stevens' home
---------------------------------------------
Agents from the FBI and Internal Revenue Service on Monday searched the
home
of U.S. Sen. Ted Stevens, an official said.

U.S. officials talk food safety in China
---------------------------------------------
A team of U.S. health officials arrived in Beijing on Tuesday for talks
on
food and drug safety after a string of toxic Chinese exports triggered
global
concern about the country's products.


MONEY
Gas prices at the pump fall but oil rises
---------------------------------------------
Oil prices flirted with record highs Monday, while gasoline prices fell
for a
second consecutive week, as oil and gas prices continue to
uncharacteristically move in opposite directions.

Stocks climb; S&P up 1%
---------------------------------------------
Stocks rose Monday after last week's two-day sell-off, pushing the
Standard &
Poor's 500 index up 1% and other indexes higher, too.


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