Security tightens around nation under Liberty Shield plan
The United States moved to tighten security nationwide under Operation Liberty Shield. Authorities, including Homeland Security Secretary Tom Ridge, warned against fear and rumors while boosting transportation protection, border checks, and critical infrastructure security. The plan targets airports, rail, ports, energy facilities, and food supply, with asylum detentions for entrants from 33 high risk countries and expanded FBI counterterrorism measures.
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GAO Urges Action Over Terror Risks at Chemical Plants
GAO finds the Bush administration and Congress have not turned their concerns into enforceable rules for chemical facility security. With roughly 20 percent of facilities near population centers, potential attacks threaten at least 10 000 lives. EPA relies on voluntary measures while lawmakers debate new laws.
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Fed leaves rates unchanged amid war uncertainty
The Federal Reserve kept the federal funds rate at 1.25 percent, citing geopolitical risks and unclear economic outlook. Fed Chair Greenspan signaled potential rate cuts if war fallout threatens recession, while markets reacted with mixed gains and renewed hopes for policy action.
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