Monday, July 7, 2008

holiday weekend

7-7-08—Oil’s rapid rise is lending weight to predictions that prices could hit $200 a barrel this year.—WSJ A1

--“All I got left is a headful of memories/And a thought of my upcoming death”—“Don’t Need

This Body,” John Mellencamp [age 56] –NYT B3

7-3-08—Bush administration officials knew that a Texas oil company with close ties to President Bush was planning to sign an oil deal with the regional Kurdistan government that runs ounter to American policy and under cuts Iraq’s central government...NYTA1

--Declaring that there will not be “another colonization of Iraq,” Iraq’s foreign minister raised the possibility on Wednesday that a full security agreement with the US might not be reached this year, and that if one was, it would be a short term pact.—NYT A6

--Russia’s new president ... said in an interview than an American in “essentially a depression” was in no position to lecture other countries on how to conduct their foreign affairs. ... My Medvedev made his comments on Tuesday in a meeting ... a day after the American treasury secretary, Henry M. Paulson, Jr., appealed in Moscow for Russian investment in the United States. –NYTA9

--The United Steelworkers signed a merger agreement on Wednesday with the largest labor organization in Britain and Ireland to create what union leaders said would be the world’s first global union. NYT A15

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