Trade deficit dips in June as exports rise
The Commerce Department reports a June deficit of 37.2 billion dollars, down 1.8 percent from May. Exports climbed 1.7 percent to 82 billion, led by corn, semiconductors, and aircraft, while imports rose 0.5 percent to 119.2 billion, with consumer goods hitting a record 26.2 billion. Analysts see optimism for a continued export boost amid a weaker dollar, though the annual deficit remains large and growth slowed in Q2.
MENTIONED IN THIS ARTICLE
Washington
Commerce Department
U.S
America
Jerry Jasinowski
National Association of Manufacturers
United States
Joel Naroff
Holland
William Dunkelberg
National Federation of Independent Business
Pentagon postpones test of missile defense system
The Defense Department's Missile Defense Agency delayed a Saturday test after discovering nozzle seal issues on a two stage booster of the three stage interceptor. The test would have aimed to knock down enemy intercontinental missiles with ground launched rockets. Two prior tests failed but four tests earlier knocked out a dummy warhead more than 140 miles above the Pacific. The program costs about 100 million per test and plans include a permanent Alaska test site within four years. Bush administration officials argue for defenses against long range missiles from North Korea, while critics warn about cost and uncertain technology. Secretary Rumsfeld and Lt Gen Kadish will meet President Bush to discuss missile defense.
MENTIONED IN THIS ARTICLE
Alaska
United States
Bush Administration
North Korea
Donald
H. Rumsfeld
Pentagon
Bush
Texas
Ronald Kadish
Missile Defense Agency
Rumsfeld
Fossil haul of T rex and Triceratops found in Montana
Smithsonian researchers announce two Tyrannosaurus rex fossils and a Triceratops from Hell Creek near Miles City. One T. rex, nicknamed N rex, goes to the Smithsonian National Museum of Natural History, the other to the Museum of the Rockies in Bozeman. A separate team found the Triceratops nearby.
MENTIONED IN THIS ARTICLE
Erwin
Smithsonian
Michael Brett- Surman
Pete Kroehler
Steve Jabo
Hell Creek
Museum of the Rockies
Smithsonian Museum
Department of Paleobiology
Also Mentioned on This Page
Medic
PGI
Joe L. Wallace, M.D
Francisco J. Salcido, M.D
SLU
Acq.osd.mil
Chad Morris
Ian Miller
Fort Greely
Montana
Horner
Tut
Margaret Edmonds
Texas Association Teachers of Dancing
Dance Connection
Jbs Parkway
Odessa
IWN & Country Shopping
NI Aols
AEN Paull
IRS
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