Has the US lost it's world status ?
McConnell said U.S. intelligence agencies had "concerns about the financial capabilities of Russia, China and OPEC countries and the potential use of their market access to exert financial leverage to political ends."
Russia, bolstered in part by oil revenues, was positioning itself to control an energy supply and transportation network from Europe to East Asia, and the Russian military had begun to reverse a long decline, he told the Senate Intelligence Committee.
China has pursued a policy of global engagement out of a desire to expand its growing economy and obtain access markets, resources, technology and expertise, McConnell said.
http://ca.news.yahoo.com/s/reuters/080205/us/politics_security_usa_threats_dc_2
Stocks Tumble As Weak Service-Sector Report Stirs Concerns About Economy's Health
NEW YORK (AP) -- Wall Street plunged Tuesday, driving the Dow Jones industrials down 370 points after investors saw an unexpected contraction in the service sector
A long time ago
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