Word: oil
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Worried about the high cost of filling up? President Bush is on the case. Last Friday he arrived in Riyadh to urge King Abdullah, the leader of the world's largest petroleum producer, Saudi Arabia, to put more oil on the market...
...bleached airport, Bush was greeted with the Gulf's signature mix of garish oil wealth and tinpot amateurism. A large retinue of royalty watched as a band played an off-key version of the U.S. national anthem. Bush walked through the cavernous air terminal to his motorcade and drove to the monarch's "farm" at al Janadriyah. Through the enormous gates and along alleys of dying shrubs and trees fed by miles of futile drip hoses, he made his way to the King's "villa," a marble-clad, poured concrete palace. Through a foyer with a statue of a cheetah...
...Interpol report vindicates the Bush Administration's claims about Chavez, it also raises the tricky question of how to respond. After all, Venezuela supplies almost 15% of U.S. crude oil imports, and it controls the hemisphere's largest reserves. Although such a move would probably be disastrous for his own economy, Chavez has long threatened to suspend oil exports to the U.S. if it took steps he considers aggression against Venezuela - which could include any terrorism-sponsor designation. Chavez may not follow through, but in light of the current energy crunch, few in Washington would be willing to call...
...frequent, lengthy absences from his office. His health caused further concern; if his cardiac condition had been public knowledge he would never have won the 1996 election. Nor would he have triumphed without getting the business oligarchs to bankroll his campaign. In return, they got their hands on oil, gas, nickel and aluminum, and grew even richer. Democracy had been one of his slogans before he came to power, and he continued to celebrate it in principle. But the sleazy reality of Kremlin affairs brought democratic ideals into disrepute long before he resigned in favor of Vladimir Putin...
...afford to give John McCain the chance to serve out George Bush's third term." It helps that Bush is at record public disapproval levels, his Arab-Israeli peace process is near dead, his efforts to prevent Iran's pursuit of nuclear weapons appear to be going nowhere, and oil prices are soaring beyond his control...