Special guest host? Nah, It’s just me.
Special edition? You bet. We’re in Central time now, folks.
Welcome to the Four at Four, at Five (Four Central).
In a move that Speaker of the House Nancy Pelosi termed “a hoax,” President Bush lifted the White House’s ban on offshore drilling.
“Today, I’ve taken every step within my power to allow offshore exploration,” Bush told reporters. “This means the only thing standing between the American people and these vast oil resources is action from the U.S. Congress.”
Congress too has a ban on offshore drilling and while it expires on September 30, it could be renewed. Plus, federal officials say it would take years for any oil to be produced in those areas, together making Bush’s move largely symbolic.
“Now the ball is squarely in Congress’ court,” Bush said after signing a memorandum reversing a presidential ban that was instituted by his father, then-President George Bush, almost two decades ago. “The time for action is now.”
Nearly 200 Taliban insurgents stormed a NATO base in Pakistan, executing a “well-planned, surprise attack” that left nine US soldiers dead and wounded 15.
The insurgents, who were repulsed, came so close that some of their corpses were lying around the base afterwards, Tamim Nuristani, the former governor of the region said after talking to officials in the district. A Western official requesting anonymity also confirmed that the Taliban did breach part of the base.
American and NATO military officials said the attack reflected the Taliban’s resurgence from new bases in neighboring Pakistan and underscored the deteriorating situation in Afghanistan, where war casualties have jumped this year.
The Belgium-based InBev has successfully purchased Anheuser-Busch for $52 billion, or $70 per share.
InBev moved gently from the start, meeting with Anheuser Chief Executive August Busch IV in June 2 in Tampa to discuss a possible combination. It followed with an unsolicited offer on June 11 that included several concessions to soothe any pain for Anheuser-Busch.
Among the concessions in the initial $65 per share bid, InBev offered Anheuser seats on the combined company’s board; promised to keep Anheuser’s St. Louis, Missouri, home as the North American headquarters; and have the merged company’s name reflect the heritage of the more than 150-year-old U.S. brewer.
InBev also said it would keep Anheuser’s U.S. breweries open. The Belgian-based company kept all of those promises in the final agreement to buy Anheuser for $70 per share, creating the world’s largest brewer which would be named Anheuser-Busch InBev.
No word yet as to whether InBev, which makes Stella Artois and Beck’s beers, will teach the Americans how to make actual beer in their breweries.
Nine British women, six British men, and six Greek men face charges after an oral sex competition in Greece last weekend.
The women, who came to the popular resort on holiday, had been paid to take part in the competition, which was video recorded and was to be posted on the Internet, police said.
The men were charged with encouraging obscene behavior.
The women were charged with prostitution, as they were paid for their participation in the activities.