Bloomberg:
- The father of Sept. 11 hijacker Mohammed Atta praised the recent bombings in London and said they are part of a 50-year religious war.
- Boeing may win its first customer for an updated 747 jumbo jet as Luxembourg’s Cargolux Airlines International SA plans to award a contract later today.
- In John G. Roberts Jr., President Bush found a Supreme Court nominee who pleases Republicans yet will probably avoid a divisive fight with Senate Democrats.
- President Bush’s tax advisory panel will recommend repealing the Alternative Minimum Tax, a levy originally intended for the wealthiest Americans that is increasingly affecting middle-income families.
- US Treasury notes are falling after Fed Chairman Greenspan said the US economy is in a “sustained” expansion that will prompt the Fed to continue raising interest rates.
- Crude oil prices are falling to the lowest this month, erasing earlier gains, after a government report said US stockpiles declined less than analysts forecast even with the effects from Hurricane Dennis.
Wall Street Journal:
- Latin American immigrants to the US are closing the educational gap with longtime residents, as children of immigrant families acquire college degrees and better paid jobs.
- The US warned its citizens in Saudi Arabia of a possible terrorist attack in the kingdom.
NY Times:
- US federal prosecutors may be investigating three law firms representing plaintiffs in asbestos cases.
AP:
- China is intent on “developing in a peaceful way,” Foreign Minister Li Zhaoxing said in a meeting with a visiting International Red Cross official.
al-Hayat:
- Iraq plans to export 1.8 million barrels of oil a day next year as the country seeks to boost its main source of revenue.
Tehran Times:
- Iran plans to renovate Iraq’s Najaf airport at the request of the Iraqis.
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