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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Mar 02, 2007
Page
9
President Bush acknowledged Gulf Coast residents face slow recovery and blamed federal delays as he defended the 110 billion dollars in Katrina relief. He urged unblocking bureaucracy and vowed federal state and local coordination to hasten aid spending and rebuilding.
Wall Street closed modestly lower amid a volatile session as February ISM manufacturing rose to 52.3 signaling expansion. The Dow fell 34.29 to 12,234.34 while the S&P 500 and Nasdaq also declined, yet recovered some losses from Tuesday’s selloff. Analysts noted ongoing anxiety about the economy despite upbeat data.
The Bush administration charged Australian David Hicks in a Kabul terror case under a new military tribunal system. Hicks, 31, formerly a kangaroo skinner, could face life. opponents argue the tribunals lack constitutional rights. The case tests the legality of military commissions and probes U S ally Australia’s push for Hicks return after trial.
The House approved the Employee Free Choice Act 241 to 185 in a near party line vote to curb employers secret ballot requirements. Supporters say it brings workplace fairness and could boost union growth while opponents warn it favors unions and may face a veto.
A roadside bomb along a convoy of Shiite cleric Jalal Eddin al Sagheer in Baghdad injures several bodyguards while the imam is unharmed. In Baghdad a quiet day also sees a car bombing and a fatality as U.S. and Iraqi forces plan to widen operations into Sadr City.
Pakistan has arrested Mullah Obaidullah Akhund, a top Taliban figure and former defense minister, in a Quetta raid along with four other suspects. Akhund is linked to fugitive leader Mullah Omar and is seen as the militia’s most senior captured figure since its 2001 ouster.
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