The news comes as U.S. oil companies continue to gain a foothold in Iraq. The Texas-based Hunt Oil has announced a production-sharing agreement with the Kurdish regional government. Hunt will begin oil exploration later this year. The deal is the first for the Kurdish province since it passed its own oil law last month. Hunt CEO Ray Hunt has been a key Republican fundraiser. He sits on the board of directors for the contracting giant Halliburton and is a member of the Foreign Intelligence Advisory Board under an appointment from President Bush.
Study: Polar Bears Face Extinction Over 50 Years
In environmental news, a new study is warning two-thirds of the world’s polar bears could be extinct if global warming continues apace over the next fifty years. The U.S. Geological Survey predicts the bears will die out if warm weather continues to melt the ice sheets where they live. The U.S. Fish and Wildlife Service is considering whether to designate polar bears a ‘threatened’ species.
Rumsfeld to Join Stanford Think-Tank
Former Defense Secretary Donald Rumsfeld has signed on to join Stanford University’s Hoover Institution as a visiting fellow. Rumsfeld will take part in a new task force studying post-9/11 ideology and terrorism. Hoover is the home for several current and former Republican officials. Secretary of State Condoleezza Rice has said she intends to return when her term ends in 2009.
Body Shop Anita Roddick Founder Dies at 64
In Britain, Dame Anita Roddick has died at the age of sixty-four. She was the founder of the cosmetics firm Body Shop. She was a well-known environmental campaigner and a pioneer of cruelty-free beauty products.