As reported in Egypt:
Fuelling the arms race doesn't make peace
US Secretary of State Condoleezza Rice and Defense Secretary Robert Gates's current tour of the region had been heavily trailed as a mission to promote peace in the Middle East. Indeed, it is their first visit in this part of the world since US President George W Bush called on 16 July for an international Middle East peace summit to be held in autumn.
Yet the only tangible outcome of the Rice-Gates visit so far has been $63 billion worth of arms deals concluded with America's "allies" in the region -- $30 billion for Israel, $13 billion for Egypt and $20 billion to be shared between Saudi Arabia, Qatar, the UAE, Oman and Bahrain. Little has been heard of peace, or even Bush's hoped-for conference.-more As reported in China:
Rice defends U.S. arms sale to Saudi Arabia
WASHINGTON, Aug. 5 (Xinhua) -- U.S. Secretary of State Condoleezza Rice defended on Sunday the Bush administration's decision to sell military equipment and technology to Saudi Arabia to guard against alleged threat from Iran. -more And for a detailed and informed analysis check out:
An Idealistic Alternative to the Saudi Arms Dealby Walid Phares.