Voters in the California city of Inglewood have dealt a blow to the retail giant Wal-Mart, which had planned to build a super-store in their city. The world's largest retailer still has aggressive plans to expand in the region.
Kuwait Airways will become the thrid foreign airliner to fly regularly to Cochin International Airport at Nedumbassery.
The Paris-based Organization for Economic Cooperation and Development is scaling back its growth projections for Europe and Japan. The economic think tank is particularly concerned about the weak German economy.
The Indonesian cabinet said it will rescind some price hikes in fuel and electricity after facing weeks of angry street protests. The move is likely to please public opinion, but may be less popular with international aid donors, who have long been pushing for the structural reforms to the Indonesian economy.
During a nationally broadcast news conference, President Bush said Iraqi President Saddam Hussein is a menace, and the United States will not let him threaten the world by developing weapons of mass destruction. Mr. Bush also talked about the Middle East peace process, U.S. nuclear policy, and the war on terrorism.
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