Bush team rejects latest UN diplomacy bid at Azores summit
At the Azores meeting Bush aides dismiss Chile’s three week deadline plan as a non starter while Iraq and the Security Council loom. Condoleezza Rice says options include pursuing all diplomacy toward a new UN resolution amid mounting anti war protests. Baghdad remains defiant as Iraqis threaten U S interests in sermons.
MENTIONED IN THIS ARTICLE
Presidential
Bush
United Nations
White House
Ari Fleischer
Chile
U.S
Iraq
Security Council
Blair
Azores
Portugal
Atlantic
Condoleezza Rice
U.N
Aznar
Saddam
Baghdad
Abdel-Razzaq al- Saadi
Iman
Umm al- Maarek
Mother of All Battles
Oil futures tumble on war fears and SPR options
Analysts expect oil prices to drop sharply if war begins against Iraq with immediate oversupply risk. ING predicts rapid falls to about $57 a barrel, while Cordaro pegs U S crude at $25-28 within days of war start. SPR release remains a potential further downside, though SPR taps require disruption. OPEC output limits and IEA caution also loom over the market.
MENTIONED IN THIS ARTICLE
United States
New York
London
Iraq
U.S
Angus McPhail
ING Financial Markets
Edinburgh
Scotland
Venezuela
Organization of Petroleum Exporting Countries
McPhail
Matthew Cordaro
Long Island University
Brookville
N.Y
Cordaro
Bush
Strategic Petroleum Reserve
SPR
Spencer Abraham
International Energy Agency
OPEC
B 1 bomber strikes Iraqi radar sites and warship repositioning
U S officials describe heavy bomber use against Iraq since 1998 as part of a buildup for possible war. Pentagon shifts warships from the Mediterranean to the Red Sea and Tomahawk missiles could target Iraq from Red Sea routes. Gen. Tommy Franks heads toward potential invasion planning as air power strains.
MENTIONED IN THIS ARTICLE
Washington
Ina
U.S
Iraq
Pentagon
Mediterranean
Red Sea
Turkey
Athor
Egypt
Associated Press
Arleigh Burke
Theodore Rooseve
USS Boise
Toledo
San Juan
Tommy Franks
Air Force
Jennifer Stephens
Truman
Roosevelt
Incirlik Air Base
Saudi Arabia
Gulf
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ONL
LAW Care
Clarks Sale
NTRE
Tae
Town & Country
E. University
Odessa
Thry Sat
Ector County Coliseum Complex
42Nd & Andrews Hwy
Peddlershow.com
Carole Amd
Miss Cotton KN
Ben
Eevee al
Ue Oni
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