“Every little thing moves the needle at this point,” said Carl Riccadonna, senior U.S. economist at Deutsche Bank. “The benefit at this time of the year certainly helps retailers, since it is not spread evenly throughout the year.”
US offering to destroy the deadliest portion of Syria’s chemical arms aboard US ship at sea
WASHINGTON (AP) — The Obama administration is offering to destroy some of Syria’s deadliest chemical weapons in international waters aboard a nearly 700-foot, U.S. government-owned ship, U.S. officials told The Associated Press on Wednesday.
The plan, still subject to final approval, would involve destroying the weapons, likely aboard the MV Cape Ray in the Mediterranean Sea, with U.S. Navy warships patrolling nearby.
This approach would avoid the vexing diplomatic, environmental and security problems posed by disposing of the materials on any nation’s soil.
The Obama administration has used international oceans in other sensitive cases where land-based options were precluded. The U.S. Navy buried al-Qadia leader Osama bin Laden at sea to avoid his tomb becoming an attraction for extremists. The government has been questioning terror suspects for as long as it takes aboard Navy ships since the CIA closed its secret prisons overseas and President Barack Obama has refused to send more prisoners to the detention center at the U.S. base at Guantanamo Bay, Cuba.
The decision to proceed with the chemical disposal plan would be made by the Organization for the Prohibition of Chemical Weapons, a global chemical weapons watchdog agency with 190 member states.
Syrian government says it will take part in peace talks, but won’t hand over power
DAMASCUS, Syria (AP) — The Syrian government said Wednesday it will participate in U.N.-sponsored peace talks aimed at ending the country’s civil war, but insisted that it is not going to the conference to hand over power.