Word: bidens
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Jesse Helms and Joe Biden don't agree on much, but the Republican chairman and the ranking Democrat of the Senate Foreign Relations Committee had similar messages for the German foreign minister this week. TIME has learned that in separate, private meetings in Washington with Joschka Fischer, Germany's top diplomat, both Helms and Biden warned that a major German oil company is negotiating to acquire huge oil deposits in Libya controlled by U.S. companies. Such a purchase, the senators cautioned, could harm U.S.-German relations by triggering sanctions under the Iran-Libya Sanctions...
...passed by Congress in 1996, threatens foreign companies with sanctions if they invest more than $20 million in a single year in oil and gas projects barred to U.S. firms through unilateral U.S. sanctions. The bipartisan warning from Helms and Biden is likely to raise the profile of the Libya issue at a time when the Bush administration is increasingly concerned with the high cost of oil and energy...
...TIME has learned that both Helms and Biden cited reports that Wintershall, an oil subsidiary of the giant German chemical conglomerate BASF, is currently in talks with the Libyan government about properties of the Oasis Partners, a U.S. consortium involving Marathon, Conoco and Amerada Hess. The holdings, which could be worth hundreds of millions of dollars, have not been operated by the Americans since 1986, when President Ronald Reagan imposed an executive order banning U.S. firms from doing business in the country...
...storm came out of nowhere. A magazine most people had never heard of was in the spotlight. On TV, John Ashcroft was getting fire-tested at his nomination hearings for a interview he'd given in 1998 to Southern Partisan. On Meet the Press, Delaware Senator Joe Biden called it "a white supremacist magazine, so I'm told." How could Ashcroft be a fit Attorney General if he agreed with it? "We've all got to stand up and speak in this respect," Ashcroft told the magazine, "or else we'll be taught that these people were giving their lives...
...pointed questions about Powell's take on committing U.S. troops and national missile defense, but for the most part, the queries sounded more like valedictories. "Without question, General Powell's experience at the highest levels of government... makes him well qualified to be secretary of state," enthused Senator Joe Biden. No one doubts Powell will win confirmation, especially after a hearing so genial it moved CNN's national correspondent to remark, "I imagine there's someone standing at the door saying, 'Welcome to the Love Boat...