Wednesday September 20, 2006

SOFTENING TRENDS IN THE MIDDLE EAST

September 20, 2006

Today is the 29th day of the second month of U.S. national consciousness rising to invincibility, as indicated by the following press reports—which reveal an unmistakable softening in the once bombastic U.S. policy towards the conflicts in the Middle East, as well as news of ongoing record-breaking improvements in the U.S. economy.

The Washington Post: In a Dramatic Reversal, Bush Softens Tone on IranStriking a far more conciliatory tone than in the past, Bush said yesterday that the United States has no objections to Iran achieving a “truly peaceful nuclear power program” and told the Iranians that he looks forward “to the day when you can live in freedom, and America and Iran can be good friends and close partners in the cause of peace.”

The New York Times: U.S. Seen Edging Toward Softening Stance on Palestinians

The New York Times: Syria Seeks Warmer Relations With U.S.

Here is more good news from the U.S.-brokered cease-fire in Lebanon...
Reuters: Israel to fully withdraw from Lebanon in days

Just a few months ago, U.S.-China relations were deteriorating fast. Now, today...
The New York Times: U.S., China Set Up Economic Cooperation Dialogue

The dramatic reduction in the number of storms and hurricanes this season, along with the dramatic moves towards peace in the Middle East, has had a huge impact on energy prices, the stock market, and the overall U.S. economy...
Bloomberg News: Oil, Gasoline Plunge to Lowest in Almost 6 Months Crude oil fell $2.14, or 3.4 percent, to $61.66 a barrel, the lowest close since March 21. Oil futures have plunged 21 percent from a record $78.40 a barrel on July 14 as tensions in the Middle East eased.

Just as meteorologists did not foresee this year’s tame hurricane season, economists never foresaw the fall in oil prices...
Bloomberg News: International Monetary Fund Says Oil Has Dropped Faster Than Fund Expected

And finally, two more signs that the U.S. economy is more robust that expected...
Bloomberg News: Gold Drops Again in New York as U.S. Data Shows Inflation Is Easing

Reuters: U.S. chain store sales rise for eighth consecutive week
This trend coincides perfectly with the duration of the Invincible America Course.

And this news literally just in from the U.S. stock market...
Reuters: Wall Street’s S&P index today soars to its highest levels since early 2001

This is just a taste of the excellent news coming from the United States press on the 29th day of the second month of the Invincible America Course.

JAI GURU DEV

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