Tuesday, May 2, 2006

The Daily Tension for Tue. 2 May

TENSION NEWSMAKERS FROM AROUND THE WORLD

Several one-kilo gold bars are displayed inside a secured vault in Dubai April 20, 2006. Gold hit a new 25-year high in Europe on Tuesday with investors targeting the next big level of $700 an ounce on firm oil, a weaker dollar and political tension in the Middle East. (Tamara Abdul Hadi/Reuters) ECONOMY
Gold reaches new 25-year high
LONDON (Reuters) -- Gold hit a new 25-year high in Europe on Tuesday with investors targeting the next big level of $700 an ounce on firm oil, a weaker dollar and political tension in the Middle East.

Dow Closes Up 73, Nasdaq Finishes Up 5
NEW YORK (AP) -- Solid earnings from Verizon Communications Inc. lifted stocks Tuesday, sending the Dow Jones industrial average to its best close in six years even as oil prices neared an all-time high.

Crude futures rise to $74 a barrel amid lingering tension over Iran
(PRAVDA) -- Oil prices rose to $74 a barrel Tuesday amid fear that international pressure on Iran to modify its nuclear program may lead to supply cuts from the key exporter.

Bush, Hill Republicans Agree To Extend Expiring Tax Cuts
(www.washingtonpost.com) -- President Bush and congressional Republicans agreed yesterday on a $70 billion package of tax-cut extensions that they hope will help halt the deterioration of their political fortunes.

TERRORISM
Tension rises another notch in Moussaoui trial
ALEXANDRIA, United States (AFP) -- Jurors will be back in a small seventh floor room in a US courthouse, where they have spent nearly 30 hours grappling for a verdict in Zacarias Moussaoui death penalty trial.

Day six, and Moussaoui jurors keep going
ALEXANDRIA, United States (AFP) -- Jurors deliberated into a sixth day, grappling for a decision on whether Al-Qaeda plotter Zacarias Moussaoui will be executed or sentenced to life in prison over the September 11 attacks.

IRAQ CONFLICT
IRAQ ARMY FACES UNREST BY RECRUITS
BAGHDAD [MENL] -- The Iraq Army, in an attempt to ease sectarian tension, has sought to accelerate recruitment from a province regarded as the hotbed of the Sunni insurgency.

US soldiers in Iraq are film makers in 'War Tapes'
NEW YORK (Reuters) -- Three U.S. soldiers who took video cameras to Iraq to make a new film called "War Tapes" have strong, varied and sometimes surprising views but they agree on one thing -- Americans don't know enough about war.

A painting depicts Iranian President Mahmoud Ahmadinejad introducing Iran's nuclear project to the world at a nuclear exhibition at Bahman Cultural complex in Tehran May 2, 2006. REUTERS/Morteza Nikoubazl IRAN NUCLEAR CRISIS
Germany's Risky Business with Iran
(SPIEGEL) -- German companies have enjoyed booming trade with Iran in recent years. But with tension over Tehran's nuclear ambitions rising, the export party may be over. Deals with the mullah state are becoming an increasingly risky business.

Iran threatens Israel, makes new enrichment claim
TEHRAN (Reuters) -- Iran threatened on Tuesday to attack Israel in response to any "evil" act by the United States and said it had enriched uranium to a level close to the maximum compatible with civilian use in power stations.

EU Nations Outline U.N. Iran Resolution
PARIS (AP) -- European nations, backed by the United States, outlined Tuesday a planned U.N. Security Council resolution to give "mandatory force" to the atomic watchdog agency's demands that Iran halt uranium enrichment, officials said.

NATIONAL NEWS
Tension, Emotion Run High at Mine-Safety Meeting
(All Things Considered) May 2, 2006 -- Hearings on the Sago Mine accident that killed 12 people begin in Buckhannon, W.Va. Family members of the dead miners gave statements about their lives and the loved ones they lost in the mine, urging mine officials to share information and improve safety practices.

In Massachusetts, Catholics torn by hierarchy, politics
CAMBRIDGE, MASS. (www.csmonitor.com) -- As a dutiful Roman Catholic, Mildred Feloney drives to Saint Peter Parish here for 8 a.m. mass every morning.

AFRICA
Chad's President Expected to Keep Power
N'DJAMENA, Chad (AP) -- The president of Chad faced only token opposition in an election Wednesday boycotted by political foes and rejected by rebels in the chaotic east of this emerging oil exporter, where violence is spilling over from the Darfur region of Sudan.

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