- Newsmaker: Bush Press Conference
Tomorrow, President Bush will be flying to fire-ravaged Oregon to announce new rules for logging in national forests. Today, he talked to Vice President Cheney, Secretary Rumsfeld and others about the military. Reporter Jim Gerstenzang, who attended the press conference for Los Angeles Times, says that Bush talked about the military, national security and contingency plans, but not about Iraq.
- Reporter-s Notebook: Saudis Withdraw Billions of Dollars from US
Saudi Arabians, including the royal family, have US investments estimated at $ 400 to $ 600 billion. But their investments in American stocks, bonds, real estate and equities have been declining, especially since September 11. Is America no longer safe for Saudi money? James Dorsey, of the Wall Street Journal, considers recent Saudi-s asset diversification and the changing face of democracy in the Middle East.
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