- Newsmaker: Indictments for Saudi Bombing - A federal grand jury has indicted 13 Saudis and a Lebanese for the killing of 19 Americans when they blew up the Khobar Towers in Saudi Arabia 5 years ago. Norman Kempster, of the Los Angeles Times, cites diplomacy and insufficient evidence as reasons that "former members of the Iranian government" were not named.
- Reporter's Notebook: Florida House Bars Drilling off Coast- Score one for the governor of Florida, and zero for his brother as Congressional Republicans defy the White House on oil exploration in national monuments and off the Florida gulf coast, and several other environmental issues. Kerry Kantin, who covers Congress for The Hill, interprets the rebuke.
Anti-Trust and Globalization
Anti-trust laws to protect consumers against the ravages of monopoly were invented in the United States in the 19th century. Now, bigness is back in the US, and it's Europe that wants to crack down. Since corporate concentration is often an inevitable consequence of globalization, it's curious that the US and European Union interpret mergers, like that of GE and Honeywell, so differently. We scrutinize these differing interpretations with the press director for the EU Trade Commission, an advisor to the GE-Honeywell merger, and international trade policy experts.