EU Decides To Sell Arms To Libya The EU decided last Monday to lift a decade-old arms embargo against Libya, acting mainly on pressure from Italy, which is keen to resume arms sales to the North African country. The sanctions, including an embargo on sales of tanks, jet fighters, bombers, explosives, guns and surface to air missiles, were imposed in 1986 for some reason, after the Guddafi government, the most aggressive regime in the Middle East at that time, bombed a Berlin discotheque frequented by US soldiers and bombed a Pan Am airliner over Lockerbie, Scotland killing 259 people. >>> Arafat Organs to be Transplanted To Wife Yasser Arafat's wife, Suha Arafat yesterday insisted that as long as Yasser Arafat's essential organs are still working life support will not be switched off. "His heart, lungs and brain may not be working," Suha Arafat told BIGfib news reporter Lolo Laroche, "but his financial organs are just fine." >>> Global Warming Good News for Oil Industry Rising global temperatures will melt areas of the Arctic this century, a report prepared by the United States and seven other nations said on Monday. It predicts that over the next 100 years, global warming could increase Arctic annual average temperatures 5 to 9 degrees Fahrenheit (3-5 degrees Celsius) over land and by up to 13 degrees (7 Celsius) over water. Warmer temperatures could raise global sea levels by as much as 3 feet (90 centimeters). >>> Attorney General Resigns -"Job Is Done". US Attorney General John Ashcroft has resigned from the Bush cabinet, the White House has announced. Commerce Secretary Don Evans, a close Bush friend, has also quit his post. They are the first departures from President Bush's cabinet since he was re-elected for another four-year term last Tuesday. >>> US To Remain 'Aggressive' Abroad - Colin Powell The US Secretary of State has said that his country will continue to pursue an "aggressive" foreign policy. In an interview with the Financial Times, Colin Powell said President George Bush would not alter or curtail his policies abroad in his second term. >>> Making Sense of The Taser Market Jitters The latest electrifying news about the increased controversy surrounding Taser International Inc. involving collateral deaths has sent a jolt throughout the non-lethal weapons market, leaving the amateur investor in a tailspin tizzy. >>>
The US stock market has been buoyant since the November 4th Bush victory. Some sectors were already rallying by the time news of the Kerry concession was received, and over the last week the rally has continued as the markets vote with their wallets showing that a Bush victory is good for most (ie non-ethical) investors. To benefit most from the stock market hike, investors will need to shun "ethical" stocks such as renewable energy solutions (favored by Kerry) in favor of good old Republican classics such as Defense, Pharmaceuticals, Tobacco and Fossil fuels. Some sectors were already rallying by the time news of the Kerry concession was received, and over the last week the rally has continued as the markets vote with their wallets showing that a Bush victory is good for most (ie non-ethical) investors. >>>
