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This week will see the beginning of the trial of former Enron boss Ken Lay, and, in all likelihood, the confirmation of Samuel Alito to be the newest associate justice of the Supreme Court. On Sunday, Americans will tune in to watch the Pittsburgh Steelers and Seattle Seahawks go head to head at the Super Bowl in Detroit-and Mick Jagger strut at the half-time show. But even the Rolling Stones won't be able to upstage the biggest news event of the week, when President Bush delivers his State of the Union address on Tuesday...
...after the speech, Bush will jet to Nashville to try and keep selling his agenda. And next week, he?ll release his budget, which will lay out in hundreds of pages of detail-without the speech's soaring rhetoric or theatrics-where the White House's priorities really...
That said, there hasn't been a lot of progress lately in the quest for peace. Abbas and the Fatah-dominated parliament were too weak to force radical groups like Hamas to lay down their weapons--a prerequisite for further talks. Israel under Sharon, meanwhile, had decided to go it alone, a policy that Olmert is expected to continue. Absent any breakthrough, Israel is likely to make some further withdrawals from the West Bank and then, perhaps, establish its borders unilaterally. That could force Hamas' hand. "What is going to force them to change their stance is the fact that...
...problems of overcapacity. Still, with 300 million rural laborers in China eager to join the industrialization push for pay that's a fraction of what Americans or West Europeans earn, the downward pressure on wages and jobs worldwide is likely to continue. Just last week, Ford announced it will lay off up to 30,000 workers and close 14 plants in the U.S. in a huge restructuring to shore up its finances. Such drastic steps are feeding a backlash against globalization that's of growing concern to the panelists. "There's a win-win depiction of globalization that the world...
...Leaders of states who would use terrorist means against us ... must understand that they would lay themselves open to a firm and adapted response on our part. This response could be a conventional one. It could also be of a different kind." JACQUES CHIRAC, French President, warning of the possibility of a nuclear response to acts of state-sponsored terrorism against France...