Given the political cycle and strong differences on both sides of the aisle in Washington, we do not anticipate any material tax law changes over the near term that would promptmaterial overseas cash repatriation, whether in the form of a 2004-style Homeland Investment Act of more fundamental long-term tax reform.
China declared its support for steps to stop illicit trafficking of nuclear material in what correspondents describe as an uncharacteristically prompt response to a US initiative.