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Comments on the negative reaction of California residents to the state visit of United States President George W. Bush. Challenges of the energy crisis in the state; Root of the political problem of Bush; Plans of the president to increase oil and gas production for the state.

Reports the economic recession in the United States. Factors attributing to the recession; Percentage rating of Nasdaq stock market loss; Optimism of American businessmen inspite of the economic crisis.

Focuses on the government expenditure for research and development in the United States. Account on the discretionary spending mandated by President Bill Clinton and Congress; Projections on the appropriations and expenditure under the administration of President-elect George Bush; Concerns over the stance of Bush on continued economic expansion.

Reports on the campaign slogan of United States President Bill Clinton in the 1992 elections. American industrial competitiveness; Success of industrial policy.

Discusses the drivers for the next technology revolution. United States government's nanotechnology initiative; Availability of new instruments which work at the nanoscale; Transformation of materials science.

Comments on the potential impacts on industry of each of the four leading candidates for the United States presidency in the 2000 elections. Republicans John McCain and George W. Bush; Democrats Al Gore and Bill Bradley; Common economic platforms; Comfortableness of business interests with all four candidates; Campaign developments; Possible wariness of old industries about Al Gore's environmentalism.