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The SP  on America

By Rogue Trader

This thread will give you an overview of what's hot and what's not in the US, including what's in the news, what's up in the White House and what the opinions of the people are.

Here is the last update from the US - 10 Mar 03
 
Another nuclear crisis is developing in Iran. On a visit last month the International Atomic Energy Agency announced that they had discovered that Iran was constructing a facility to enrich uranium which is a key component of advanced nuclear weapons. This facility was much further developed than previously thought.

It would appear that time is running out for Saddam Hussein, Colin Powell is hoping that a majority of UN Security Council members will vote for an ultimatum giving Saddam Hussein until March 17 to prove that he has disarmed. But Powell has acknowledged that some permanent council members remain opposed and could veto it. President Bush has also announced that �When it comes to our security. We really don't need anybody's permission." Adding further evidence that the war is about to begin.

Today marks the third anniversary of the biggest party ever hosted by Wall Street, the Nasdaq composite index soared as high as 5,132 on March 10 2000 hitting a level never seen in its 30 year history.

The price of gasoline will hit a nationwide average of $1.76 per gallon in April, which would surpass the record monthly average of $1.71 in May 2001. In the New York area, prices are already are above that, averaging $1.77 on Long Island and $1.83 in Queens.

A strike against the use of taped music at Broadway shows is keeping Broadway theatres closed. With much of New York's theatre district affected, local restaurants are suffering from the loss of business from would-be theatergoers. The strike has affected 18 musicals so far, but the walkout is not over salaries. Under the current contract, musical productions currently must employ a minimum of 26 musicians which producers want to reduce to about 14.