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...White House on foreign policy issues. Missile defense may be the most immediate flash-point, but the administration also faces criticism over global warming. Last week, Senators John McCain and Joe Lieberman issued a joint statement criticizing the Bush administration's isolation from international negotiations over measures to curb global warming, and urged the U.S. to set mandatory limits on greenhouse gas emissions. A rejection of the very principle of mandatory caps had prompted President Bush to nix the Kyoto treaty, and the Lieberman-McCain statement suggests the Senate will try to cajole the White House back towards engagement with...

Author: /time Magazine | Title: Daschle Spikes Bush's Guns on Missile Defense | 8/9/2001 | See Source »

...chances are rising that OPEC will sharply curb production to both spur higher prices and increase political pressure on Washington and Israel. "The Saudis are set to do this," asserts Marvin Zonis, a political- and economic-risk expert at the University of Chicago. "They are very dissatisfied with U.S. foreign policy in the Middle East, specifically with Israel...

Author: /time Magazine | Title: Recovery At Risk | 8/6/2001 | See Source »

...court. The charges against him relate to a Croatian assault on the Medak pocket in 1993, when Croatian soldiers under his command murdered at least 38 Serbs. He pleaded not guilty. SWITZERLAND Another "No" Having withdrawn from the Kyoto Protocol on greenhouse gas emissions and turned down proposals to curb the trade in small arms, the U.S. further dismayed international opinion by rejecting...

Author: /time Magazine | Title: World Watch | 8/6/2001 | See Source »

...chances are rising that OPEC will sharply curb production to both spur higher prices and increase political pressure on Washington and Israel. "The Saudis are set to do this," asserts Marvin Zonis, a political- and economic-risk expert at the University of Chicago. "They are very dissatisfied with U.S. foreign policy in the Middle East, specifically with Israel...

Author: /time Magazine | Title: Recovery At Risk | 8/1/2001 | See Source »

After a Monday in which everyone with any real money on Wall Street sat on the curb and watched, the markets got up Tuesday, pulled into traffic, and started moving. By afternoon the Dow had picked up more than 150 points and the NASDAQ more than 30 - not even a rally, much less the start of that long-dreamed-of "summer rally," but still buying. Which means that somebody was optimistic about something...

Author: /time Magazine | Title: The Markets: Another One-Day Summer Rally | 7/31/2001 | See Source »

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