The Week.

This article presents news briefs which discusses several different topics. Palestinian and Israeli leaders are set to talk peace this week at a Red Sea summit in Egypt, meeting for the first time since Yasser Arafat's successor, Mahmoud Abbas, was elected Palestinian president last month. An interim report paints a blistering portrait of mismanagement and possible corruption in the U.N.'s $64 billion oil-for-food program--an initiative that let Iraq purchase humanitarian aid with oil revenue despite sanctions imposed after its 1990 invasion of Kuwait.