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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Aug 08, 2007
Page
12
The Federal Reserve said Tuesday that inflation risks persist and the economy faces Wall Street turbulence Main Street credit issues and a housing slump. Chair Ben Bernanke and policy makers expect challenges to ease but warn the biggest danger is inflation not receding as anticipated.
Former Vice President Al Gore says ExxonMobil and other top polluters finance a 310 million dollar yearly campaign. He asserts these funds support research to sow doubt about the scientific consensus on climate change. ExxonMobil rejects the allegation as an organized effort to mislead the public.
Rescue efforts continue after a cave in at Crandall Canyon mine left six miners trapped more than 1,500 feet underground. Crews bulldozed a mountain path to place a seismic listening device and will detonate dynamite to signal the men with hammer taps. Access may take three days, with only a two inch borehole for communication and supplies if survivors are possible.
In Minneapolis an elite team of Navy divers joined the effort to find victims of the interstate bridge collapse. The 16 divers and five officers arrived before dawn and immediately entered the Mississippi River despite officials urging patience. Captain Mike Martin praised them as "the best divers in the world" comparing them favorably to SWAT teams.
AP reports in early August at least 19 U S troops have been killed as attacks continue across Iraq. The deaths, including four U S servicemen and a British soldier, come amid debate over U S progress against militants ahead of a September congressional briefing. July deaths dropped to 79, the lowest monthly total since 1970s levels.
Israeli police evict Jewish settlers from a vacant Hebron store as rioters resist and hurl insults including Hamas references. The confrontation echoes Gaza evacuations, underscoring volatile clashes in the West Bank city between Palestinians and hundreds of settlers.
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