an Open Thread
From Yahoo News Top Stories |
1 Dow ends at lowest close in more than 6 years
By TIM PARADIS, AP Business Writer
40 mins ago
NEW YORK – An important psychological barrier gave way on Wall Street Thursday as the Dow Jones industrials fell to their lowest level in more than six years.
The Dow broke through a bottom reached in November, pulled down by a steep drop in key financial shares. It was the lowest close for the Dow since Oct. 9, 2002, when the last bear market bottomed out. The blue chips’ latest slide dashed hopes that the doldrums of November would mark the ending point of a long slump in the market, which is now nearly halfway below the peak levels reached in October 2007. |
2 Feb. could be worst month yet for jobless claims
By MARTIN CRUTSINGER, AP Economics Writer
2 hrs 50 mins ago
WASHINGTON – February is shaping up to be another brutal month of job losses: The number of laid-off workers receiving unemployment benefits hit an all-time high of nearly 5 million, and new jobless claims are at levels not seen since the early 1980s.
The Labor Department reported Thursday that the number of people receiving regular unemployment benefits rose by 170,000 to 4.99 million for the week ending Feb. 7, marking the fourth straight week continuing claims have hit a record. The surge in joblessness has pushed those claims far above the 2.77 million people getting benefits a year ago. The number totals 6.54 million with the inclusion of an additional 1.5 million people who are getting extended benefits under a program passed by Congress last summer. |
3 Poll: Public fears about troubled economy growing
By DARLENE SUPERVILLE, Associated Press Writer
Thu Feb 19, 7:24 am ET
WASHINGTON – As the economy continues to struggle, the public is growing increasingly concerned about losing jobs, not having enough money to pay the bills and seeing their retirement accounts shrink, according to an Associated Press-GfK poll.
Nearly half of those surveyed said they worry about becoming unemployed – almost double the percentage at this time last year. The poll released Wednesday also found public support dipped slightly in the past month for the $787 billion package of tax cuts and government spending President Barack Obama signed into law this week on the promise that it will save or create 3.5 million jobs and re-ignite the economy. |
4 GOP poised to leap on spending abuses in stimulus
By CHARLES BABINGTON, Associated Press Writer
Thu Feb 19, 7:24 am ET
WASHINGTON – Republicans are preparing to pounce on any wasteful spending in the $787 billion stimulus package as they refocus their criticisms of a measure whose success could hurt their 2010 election prospects.
President Barack Obama and congressional Democrats also promise rigorous oversight, including a new Web site to help people track various projects funded by the massive bill. But the two parties will reap different political rewards if they find waste or abuse, which is virtually inevitable when the government tries to spend so much money so fast, authorities say. Democrats want the plan to unfold as smoothly as possible, because voters see it as the product of their party and Obama. Congressional Republicans, however, opposed the bill almost unanimously, and any embarrassing examples of misused funds or other shortcomings will let them say, “I told you so.” |
5 Source: Strains, threats hurt military readiness
By LOLITA C. BALDOR, Associated Press
12 mins ago
WASHINGTON – For the third consecutive year, a classified Pentagon assessment has concluded there’s a significant risk that the U.S. military could not respond quickly and fully to any new crisis, The Associated Press has learned. The latest risk assessment, drawn up by Adm. Mike Mullen, chairman of the Joint Chiefs of Staff, comes despite recent security gains in Iraq and plans for troop cuts there.
The assessment finds that the U.S. continues to face persistent terrorist threats, and the military is still stretched and strained from long and repeated tours to the warfront. Senior military officials spoke about the report on condition of anonymity because it is a classified document. |
6 Food poisoning strikes 1 in 4 Americans each year
By MIKE STOBBE, AP Medical Writer
1 hr 57 mins ago
ATLANTA – Next time you have a case of diarrhea that lasts a day or more, chances are better than 1 in 3 that it was food poisoning. As many as a quarter of Americans suffer a foodborne illness each year – though only a fraction of those cases get linked to high-profile outbreaks like the recent salmonella-peanut scare, according to the U.S. Centers for Disease Control and Prevention.
“Outbreaks are dramatic instances,” says Dr. Robert Tauxe, a CDC expert on the subject. But they highlight a health threat that many people exaggerate and misunderstand, according to some experts. Scientists have counted more than 250 food-related types of illness – from viruses to bacteria to parasites. Most common are Norwalk-like viruses – famous for sickening cruise-ship passengers. They account for about two-thirds of known food-poisoning cases, according to the CDC. |
7 Texas may let hunters shoot pigs from choppers
By PAUL J. WEBER, Associated Press Writer
50 mins ago
MERTZON, Texas – Millions of wild pigs weighing up to 300 pounds have been tearing up crops, trampling fences and eating just about anything in their path in Texas. But now they had better watch their hairy backs.
A state lawmaker is proposing to allow ordinary Texans with rifles and shotguns to shoot the voracious, tusked animals from helicopters. For years, ranchers in the Lone Star State have hired professional hunters in choppers to thin the hogs’ fast-multiplying ranks. Now state Rep. Sid Miller of the Fort Worth area wants to bring more firepower to the task by issuing permits to sportsmen. |
8 Iraqi says he threw shoes at Bush to restore pride
By SINAN SALAHEDDIN, Associated Press Writer
Thu Feb 19, 3:25 pm ET
BAGHDAD – The Iraqi journalist who threw his shoes at George W. Bush did not apologize as his trial began Thursday, and instead struck a defiant tone – telling the judges he wanted to hit back at the humiliation Iraq had suffered at U.S. hands.
It was Muntadhar al-Zeidi’s first public appearance since he was arrested in mid-December for hurling shoes at Bush during a joint news conference with Iraqi Prime Minister Nouri al-Maliki. The act turned the obscure 30-year-old reporter into a cult hero throughout much of the Middle East. “What made me do it was the humiliation Iraq has been subjected to due to the U.S. occupation and the murder of innocent people,” al-Zeidi told the court. “I wanted to restore the pride of the Iraqis in any way possible, apart from using weapons.” |
9 New atlas shows dying languages around the world
By DHEEPTHI NAMASIVAYAM, Associated Press Writer
2 hrs 6 mins ago
PARIS – Only one native speaker of Livonian remains on Earth, in Latvia. The Alaskan language Eyak went extinct last year when its last surviving speaker passed away.
Those are just two of the nearly 2,500 languages that UNESCO, the United Nations Educational, Scientific and Cultural Organization, says are in danger of becoming extinct or have recently disappeared. That’s out of a total of 6,000 world languages. In a presentation Thursday of a new world atlas of endangered languages, linguists stressed the list is not restricted to small or far-flung countries. They also sought to encourage immigrants to treasure their native languages. |
10 FBI finds Allen Stanford in Virginia
By James Vicini and Jason Szep, Reuters
24 mins ago
WASHINGTON/ST.JOHN’S (Reuters) – Texas billionaire Allen Stanford, accused of an $8 billion fraud that spooked investors around the world, was found in Virginia on Thursday and FBI agents served him with a complaint from U.S. regulators.
FBI spokesman Richard Kolko said the Federal Bureau of Investigation had acted at the request of the U.S. Securities and Exchange Commission (SEC), and that Stanford had not been arrested. A law enforcement official said Stanford was making arrangements to surrender his passport. The whereabouts of jet-setting, 58-year-old Stanford had been the subject of intense speculation since he failed to respond to a subpoena from the SEC to answer questions about his company’s operations. |
11 U.S. asks court to press UBS for more records
Reuters
Thu Feb 19, 3:59 pm ET
WASHINGTON (Reuters) – The U.S. government sued UBS AG on Thursday, seeking disclosure to the Internal Revenue Service of thousands of the Swiss bank’s U.S. customers with secret accounts, the Justice Department said.
The lawsuit filed in federal court in Miami came the day after UBS agreed to pay $780 million and identify certain U.S. clients in a deal to resolve criminal fraud charges that it assisted rich Americans to evade taxes. The action came after U.S. tax authorities said a request for the records under a Swiss treaty may only result in the production of records for about 300 accounts. |
12 Obama housing plan will have impact in March: Bair
Reuters
Thu Feb 19, 4:55 pm ET
WASHINGTON (Reuters) – The Obama administration’s $275 billion program to stem a wave of U.S. home foreclosures will start having an impact as soon as March, Federal Deposit Insurance Corporation chairman Sheila Bair said on Thursday.
“I think you’ll start seeing an immediate impact in the increase of meaningful loan modifications in March, when the program becomes effective,” Bair said on ABC’s “Good Morning America.” The plan, unveiled on Wednesday, would allow up to 4 million borrowers facing foreclosure to get their payments reduced through modifications jointly paid for by lenders and the U.S. Treasury. |
13 NATO calls for ‘civilian surge’ in Afghanistan
by Lorne Cook, AFP
Thu Feb 19, 2:42 pm ET
KRAKOW, Poland (AFP) – NATO called Thursday for a “civilian surge” in Afghanistan to boost reconstruction and help spread democracy as the military alliance battles to overcome a Taliban-led insurgency.
Warning of the price of failure in Afghanistan, where NATO has undertaken its biggest and most challenging mission ever, alliance Secretary General Jaap de Hoop Scheffer appealed for new efforts ahead of elections in August. “It is not only a matter of more forces in Afghanistan, we need an equal civilian surge as well,” he told reporters in Krakow, southern Poland, after chairing informal talks between NATO defence ministers. |
14 NATO commits to back Afghan polls
by Daphne Benoit, AFP
Thu Feb 19, 1:10 pm ET
KRAKOW, Poland (AFP) – NATO defence ministers agreed Thursday to make election security in Afghanistan a top priority, as the United States urged its allies to new efforts against the Taliban-led insurgency.
The elections in August are seen as a litmus test of NATO’s efforts to help spread security and democracy in Afghanistan, as well as President Hamid Karzai’s widely criticised government. “Everybody understands with regards to Afghanistan that this is a priority, if not priority number one for 2009,” spokesman James Appathurai said as the ministers held informal talks in Krakow, southern Poland. |
15 Russia acquits all accused in Politkovskaya trial
by Svetlana Ivanova, AFP
Thu Feb 19, 4:04 pm ET
MOSCOW (AFP) – A Moscow jury on Thursday acquitted all those accused in the trial over the murder of Russian journalist Anna Politkovskaya, but prosecutors vowed to appeal over the way the case was conducted.
The verdict came after three months of hearings that failed to shed light on the crime. None of the four accused had been charged with pulling the trigger or being the mastermind of the 2006 killing of the investigative reporter who was highly critical of Russia’s strongman and current Prime Minister Vladimir Putin. |
16 Malaria: Spoonful of sugar could save thousands of children
by Marlowe Hood and Christine Courcol, AFP
Thu Feb 19, 1:22 pm ET
PARIS (AFP) – A teaspoon of moistened sugar under the tongue could save the lives of thousands of children suffering from hypoglycemia caused by malaria, a researcher who conducted clinical trials said Thursday.
Malaria claims more than a million lives a year — 800,000 of them African children aged under five — and sickens hundreds of millions more, according to the World Health Organisation (WHO). The rapid drop in blood sugar that frequently accompanies severe malaria kills many children in remote parts of Africa before they can reach a clinic for an intravenous dose of glucose, the proven treatment for hypoglycaemia. |
17 France sends police to quell Guadeloupe riots
by Benjamin Sportouch, AFP
Wed Feb 18, 3:36 pm ET
POINTE-A-PITRE, Guadeloupe (AFP) – France dispatched hundreds of police reinforcements to its Caribbean island of Guadeloupe on Wednesday as a month-long strike over the rising cost of living descended into deadly riots.
Union representative Jacques Bino, aged in his 50s, was shot dead overnight when he drove up to a roadblock manned by armed youths in Pointe-a-Pitre, the island’s main city. It was not immediately clear who shot him, but he was the first victim of the escalating violence on Guadeloupe, normally a tourist-friendly island but crippled since January 20 by a general strike. |
18 ‘Tough year’ ahead in Afghanistan: US general
AFP
Thu Feb 19, 12:43 pm ET
WASHINGTON (AFP) – The top US commander in Afghanistan is predicting “a tough year” ahead in 2009 even with an additional 17,000 troops, saying the fight against insurgents has reached a stalemate in the country’s south.
General David McKiernan, who commands US and NATO forces in Afghanistan, welcomed President Barack Obama’s Tuesday decision approving the deployment in coming months of 17,000 troops, increasing the current US force by about 50 percent. But he warned there would be no quick victory in the campaign against Taliban insurgents and that the United States would have to keep the higher level of troops in place for an indefinite period. |
19 Unchecked economic growth imperils Amazon: study
AFP
Wed Feb 18, 4:36 pm ET
NAIROBI (AFP) – Unbridled economic development fuelled by globalisation is devastating large swathes of the Amazonian basin, the United Nations warned in a major study released Wednesday.
A population explosion concentrated in poorly planned cities, deforestation driven by foreign markets for timber, cash crops and beef, and unprecedented levels of pollution have all taken a heavy toll on the planet’s largest forest basin, the United Nations Environment Programme said. The report, which pooled research by more than 150 experts from the eight countries that straddle Amazonia, acknowledged that these governments have individually taken steps to address environmental degradation. |
20 Sarkozy unveils benefits package to stem protests
by Carole Landry, AFP
Wed Feb 18, 2:49 pm ET
PARIS (AFP) – Faced with strike threats, French President Nicolas Sarkozy offered unions a package of tax breaks and welfare benefits Wednesday to help families cope with the worst economic crisis in decades.
The aid measures worth 2.6 billion euros (3.3 billion dollars) were unveiled after a meeting at the Elysee Palace with labour leaders, two weeks after mass street protests caused major disruption across France. But union leaders were not won over and said they would meet next week to discuss further strike action to force more concessions from the right-wing government. |
21 Stanford probe widens amid crackdown on banks
by Russell McCulley, AFP
Thu Feb 19, 2:29 pm ET
HOUSTON, Texas (AFP) – The probe into an alleged multibillion dollar fraud by Texas financier Allen Stanford deepened Thursday as governments took action against the cricket impresario’s overseas banks and panicked investors tried desperately to withdraw their funds.
Two days after the US Securities and Exchange Commission (SEC) accused Stanford, 58, of perpetrating “a fraud of shocking magnitude,” officials were still in the dark about his whereabouts — as were close members of his family. US officials have not yet charged Stanford with a crime, although the Federal Bureau of Investigation said it is “in contact” with securities regulators about the alleged 9.2 billion dollar fraud. |
22 US troop buildup in Afghanistan could be a defining moment
By Gordon Lubold, The Christian Science Monitor
Thu Feb 19, 3:00 am ET
Washington – President Obama’s decision to deploy 17,000 additional US troops to Afghanistan may be a defining move that will either reverse the deteriorating situation there or mire the new administration in a war with no foreseeable end.
The president’s announcement yesterday answered a months-old request from Gen. David McKiernan, the top US commander in Afghanistan, who is trying to reverse a two-year slide in the battle with Taliban and Al Qaeda insurgents. Last year produced the most US combat fatalities, 155, of any single year of the Afghan war. “This increase is necessary to stabilize a deteriorating situation in Afghanistan, which has not received the strategic attention, direction, and resources it urgently requires,” Mr. Obama said yesterday. |
23 ‘Peanut proud’ farm town struggles with tainted image
By Patrik Jonsson, The Christian Science Monitor
Thu Feb 19, 3:00 am ET
Blakely, Ga. – Dressed in spotless Wranglers, pint-sized cowboy boots, and pearl-buttoned farm shirts, the boys and girls of Blakely, Ga., could hardly look happier as they brush down their hogs in hopes of a blue ribbon.
But a behind-the-scenes glimpse at the Early County Market Hog Show shows all is not well here. Blakely is America’s peanut capital, the seat of the biggest peanut-growing county in the United States and “peanut proud,” as the motto goes. It’s also home to the now-infamous Peanut Corp. of America plant that allegedly sold salmonella-laced products and launched a deadly food-safety scandal. |
From Yahoo News World |
24 Argentina orders Holocaust-denying bishop out
By DEBORA REY, Associated Press Writer
2 hrs 6 mins ago
BUENOS AIRES, Argentina – The traditionalist bishop whose denials of the Holocaust embarrassed the Vatican was ordered Thursday to leave Argentina within 10 days.
The Interior Ministry said it had ordered Richard Williamson out of Argentina because he had failed to declare his true job as director of a seminary on immigration forms and because his comments on the Holocaust “profoundly insult Argentine society, the Jewish community and all of humanity by denying a historic truth.” Williamson’s views created an uproar last month when Pope Benedict XVI lifted his excommunication and that of three other bishops consecrated by the late Archbishop Marcel Lefebvre as part of a process meant to heal a rift with ultraconservatives. |
25 What a mess! Experts ponder space junk problem
By VERONIKA OLEKSYN, Associated Press Writer
Thu Feb 19, 3:53 pm ET
VIENNA – Think of it as a galactic garbage dump. With a recent satellite collision still fresh on minds, participants at a meeting in the Austrian capital this week are discussing ways to deal with space debris – junk that is clogging up the orbit around the Earth.
Some suggest a cosmic cleanup is the way to go. Others say time, energy and funds are better spent on minimizing the likelihood of future crashes by improving information sharing. The informal discussions on the sidelines of a meeting of the United Nations Committee on the Peaceful Uses of Outer Space, which began Feb. 9 and ends Friday, arose from concern about the collision of a derelict Russian spacecraft and a working U.S. Iridium commercial satellite. |
26 Chinese professional women work as nannies, maids
By WILLIAM FOREMAN and BONNIE CAO, Associated Press Writers
Thu Feb 19, 3:14 pm ET
GUANGZHOU, China – She majored in English and loved her job as an office worker in China’s once-booming export industry. But now Xiong Xuhua is jobless and in training to be a housekeeper, a fate she is too embarrassed to tell even her husband about.
Wearing a blue apron with a white Hawaiian floral print, Xiong spent a recent day at a school for domestic workers practicing how to use a squeegee to clean a window without leaving streaks across the glass. “I haven’t told anyone in my family, not even my husband, that I’m going to do this kind of work,” the petite 24-year-old woman said in a hushed voice as she looked down at the ground with a blank face. |
27 Cleric holds peace talks with Pakistan Taliban
By SHERIN ZADA, Associated Press Writer
Thu Feb 19, 2:14 pm ET
MINGORA, Pakistan – A hard-line cleric sought Thursday to persuade the Taliban to disarm under a pact with Pakistan’s government aimed at restoring peace after an 18-month campaign of terror and battles with the army.
The negotiations are a test of an agreement that has been much criticized as giving in to the demands of militants seeking to establish hard-line Islamic law and providing them a safe haven. Islamic cleric Sufi Muhammad promised to use his influence to push the Taliban in the former mountain resort region of Swat to stop fighting in exchange for a public vow by the government to impose Islamic law in the region, where a brutal insurgency has killed hundreds and sent up to one third of the area’s 1.5 million people fleeing. |
28 Kyrgyz parliament approves US base closure
By LEILA SARALAYEVA, Associated Press Writer
Thu Feb 19, 3:02 pm ET
BISHKEK, Kyrgyzstan – Kyrgyzstan’s parliament voted Thursday to close a key U.S. air base in the country – a move that could hamper President Barack Obama’s efforts to increase the number of U.S. forces in Afghanistan.
Deputies voted 78-1 with two abstentions for the government-backed bill to cancel the lease agreement on the Manas air base, a transit point for 15,000 troops and 500 tons of cargo each month to and from Afghanistan. The move follows Russia’s offer of $2.15 billion in aid and loans to the impoverished Central Asian country. U.S. Defense Secretary Robert Gates, in Poland for NATO talks, said the United States would consider paying more rent to continue using the strategic base. Speaking after the parliament vote in Kyrgyzstan, Gates said he considers talks still open over the future of the base. |
29 UBS move shakes foundations of Swiss bank secrecy
By ELIANE ENGELER, Associated Press Writer
Thu Feb 19, 10:52 am ET
BERN, Switzerland – Switzerland’s president declared Thursday that his country will hold onto its treasured tradition of confidential bank accounts, even as it took the unprecedented step of revealing over 250 tax cheats to U.S. authorities.
“Banking secrecy, ladies and gentlemen, remains intact,” President Hans-Rudolf Merz told reporters. Merz said Swiss authorities handed over the files on 250 to 300 American clients of Swiss bank UBS AG who are suspected of committing tax fraud. The transfer took place in the middle of the night in the Swiss capital Bern, just ahead of a U.S. deadline for Swiss cooperation, he said. |
30 China warns Tibet clergy against demonstrations
By CHRISTOPHER BODEEN, Associated Press Writer
Thu Feb 19, 1:53 am ET
BEIJING – A Communist Party official in Tibet has warned Buddhist clergy against political activity in the run-up to the first anniversary of last year’s massive anti-government protests.
The warning from Lobsang Gyaincain, published in the official Tibet Daily on Thursday, followed a reported crackdown earlier this week on Tibetan protesters in Lithang, a volatile traditionally Tibetan region of Sichuan province. Those protesters had praised the exiled Dalai Lama and called on Tibetans to abstain from celebrations of the Tibetan new year to mark the anniversary of the demonstrations. Lobsang Gyaincain, who is a member of the standing committee of the regional Communist Party, also demanded that monks and nuns recognize what he called the “reactionary nature” of the Dalai Lama clique, as well as plots to use temples and clergy to carry out “infiltration and disturbances,” Tibet Daily reported. |
31 U.N. launches talks to expand Security Council
By Patrick Worsnip, Reuters
Thu Feb 19, 4:52 pm ET
UNITED NATIONS (Reuters) – After a decade and a half of backroom argument, the world’s nations launched full negotiations on Thursday to expand the powerful 15-nation U.N. Security Council to reflect present-day realities.
Diplomats said the negotiations among the 192 U.N. member states were likely to stretch at least into next year and might not come up with a definitive solution even then. The council, authorized by the U.N. charter to impose sanctions and dispatch peacekeeping forces, currently has five permanent veto-holding members — the United States, Russia, Britain, France and China. |
32 U.S. envoy calls Pakistan’s Zardari over Swat deal
Reuters
2 hrs 1 min ago
WASHINGTON (Reuters) – The special U.S. envoy to Afghanistan and Pakistan said he called Pakistan’s President Asif Ali Zardari on Thursday and expressed U.S. concern over a deal with Islamists in the Swat valley region.
Veteran U.S. diplomat Richard Holbrooke said in an interview with CNN that Zardari assured him the pact with Islamists was an “interim arrangement” to stabilize the restive Swat region north of the capital Islamabad. “He (Zardari) does not disagree that the people who are running Swat now are murderous thugs and militants and they pose a danger not only to Pakistan but to the United States,” said Holbrooke, who returned to Washington this week after visiting Afghanistan, Pakistan and India as part of his new role coordinating U.S. policy in the region. |
33 Bush’s "icy smile" enraged Iraq shoe-thrower
By Khalid al-Ansary, Reuters
Thu Feb 19, 7:44 am ET
BAGHDAD (Reuters) – An Iraqi reporter who hurled his shoes at George W. Bush said in the past he had videotaped himself practicing the Arab insult to use against the president whose “icy smile” had filled him with uncontrollable rage.
Muntazer al-Zaidi said on Thursday at the start of his trial in Baghdad on charges of assaulting a foreign leader that he took a recording of his shoe-throwing training two years ago and had hoped to accost Bush in Jordan but this did not take place. Zaidi, who was hailed across the Middle East by critics of the Iraq invasion and who also called Bush a “dog,” told the court he had acknowledged making a training film under interrogation after his arrest at a Baghdad news conference. |
34 NATO allies offer limp response to U.S. Afghan call
By David Brunnstrom and David Morgan, Reuters
Thu Feb 19, 2:41 pm ET
KRAKOW, Poland (Reuters) – The United States asked NATO allies on Thursday to do their fair share in Afghanistan by sending more forces to provide security for a presidential election in August, but got only a limited response.
U.S. Defense Secretary Robert Gates said he would not seek a specific number of extra troops from a NATO defense ministers’ meeting in Krakow, but called for a short-term deployment of troops from the alliance’s rapid response force, the NRF, which has never been used. “It is a new administration and is prepared to make additional commitments to Afghanistan. But there clearly will be expectations that the allies must do more as well,” he said. |
35 Kabul eyes control on aid, security in U.S. review
Reuters
Thu Feb 19, 12:30 pm ET
KABUL (Reuters) – Afghanistan will seek to take the lead in the war against Taliban insurgents and control foreign aid when its team goes to Washington to present its input for a U.S. regional security review, an official said on Thursday.
U.S. President Barack Obama, who has been in office for nearly a month, has made Afghanistan his top foreign policy priority and on Tuesday ordered the dispatch of 17,000 extra troops which would increase the U.S. force size to 55,000 by the summer. Pakistan and Afghanistan, both grappling with spiraling insurgency by the Taliban, are expected to discuss the review before their foreign ministers present their input next week in Washington. |
36 Forty tourists assaulted on eve of Rio Carnival
Reuters
2 hrs 32 mins ago
RIO DE JANEIRO (Reuters) – More than 40 tourists were assaulted and robbed in two separate incidents in Rio de Janeiro on Thursday, police said, as the city’s annual Carnival celebrations got off to a violent start.
Seven men armed with knives, guns and grenades broke into a hostel in the district of Lapa, famous for its Samba clubs and late-night parties, early in the morning and held some of the 34 foreign and Brazilian tourists hostage for at least an hour. In the afternoon, 10 American and German tourists were held up as they visited tourist spots in the Sao Conrado area of the Brazilian city, police said. |
37 Mugabe says court should resolve MDC Bennett’s case
By MacDonald Dzirutwe, Reuters
Thu Feb 19, 12:37 pm ET
HARARE (Reuters) – Zimbabwean President Robert Mugabe said on Thursday the arrest of a senior opposition official who was due to join a unity government was a matter to be resolved by the courts.
Roy Bennett, named to be deputy agriculture minister in a new government, was arrested before ministers were sworn in last Friday. He has been charged with illegally possessing firearms to commit acts of insurgency, banditry and terrorism. Bennett was due to be sworn in on Thursday but remains in prison after his lawyers failed to have terrorism and insurgency charges dropped against him. |
38 Mugabe swears in Zimbabwe deputy ministers
AFP
Thu Feb 19, 1:14 pm ET
HARARE (AFP) – Zimbabwe President Robert Mugabe on Thursday swore in 19 deputy ministers to a new unity government with opposition agriculture nominee Roy Bennett still held in detention on a criminal charge.
The ceremony finalised the historic unity government formed last week after years of political turmoil between Mugabe and Prime Minister Morgan Tsvangirai, leader of the opposition Movement for Democratic Change (MDC). MDC nominee Bennett, in custody on a charge of possessing arms, was not named as deputy minister nor was his designated post announced. |
39 Zimbabwe pays workers in USD
AFP
Wed Feb 18, 12:46 pm ET
HARARE (AFP) – Zimbabwe’s new government took its first step towards rebuilding the shattered nation Wednesday, honouring a pledge to civil servants by paying them in US dollars to counter the impact of hyperinflation.
“We will pay every civil servant in foreign currency,” Finance Minister Tendai Biti told a news conference in Harare. The armed forces had been paid on Tuesday, he said. |
40 Sarkozy opens coffers to quell Guadeloupe unrest
by Jacques Guillon, AFP
Thu Feb 19, 2:08 pm ET
POINTE-A-PITRE, Guadeloupe (AFP) – France caved in to demands for wage increases in Guadeloupe on Thursday in the hope of ending a month-long strike that has plunged the French Caribbean island into violent protests.
President Nicolas Sarkozy announced more than half and billion euros in new subsidies for the island, a tourist destination which suffers from the highest unemployment rates and most expensive living costs in France. “Today we have a duty to listen to our fellow citizens and we have, at the same time, the duty to ensure the rapid return of civil order,” he said after holding crisis talks in Paris with lawmakers from the Caribbean. |
41 Russia, Georgia take first step on conflict prevention
by Peter Capella, AFP
Wed Feb 18, 2:23 pm ET
GENEVA (AFP) – Russia and Georgia have agreed on proposals for the first concrete measures to prevent conflicts being sparked over Abkhazia and South Ossetia, international mediators said after talks on Wednesday.
“During the talks of 17 and 18 February in Geneva, the participants have discussed and agreed on consensus proposals for mechanisms of joint prevention and resolution of incidents,” said Pierre Morel, the EU’s envoy on the crisis in Georgia. The proposals, which were still being detailed, would open up more immediate channels of communication between all security forces on the ground, diplomats from the European Union, the United Nations and Organisation for Security and Cooperation in Europe said. |
42 Czech lower house approves EU’s Lisbon Treaty
by Jan Flemr, AFP
Wed Feb 18, 1:20 pm ET
PRAGUE (AFP) – The European Union’s troubled Lisbon reform treaty cleared the lower house of the Czech parliament Wednesday as the first step on its often delayed road to ratification by the nation that now holds the EU presidency.
“Today, the Chamber of Deputies granted its consent with the ratification of the Lisbon Treaty after a vote of 125 for and 61 against,” announced Alexandr Vondra, deputy prime minister for European affairs. “I welcome this result as a significant step in the Czech Lisbon Treaty ratification process,” he said. “It is a responsible step preceded by a thorough, democratic debate.” |
43 EU’s Solana heads for Belarus as relations thaw
by Paul Harrington, AFP
Wed Feb 18, 1:16 pm ET
BRUSSELS (AFP) – EU foreign policy chief Javier Solana said Wednesday he would make his first trip to Belarus on Wednesday, in a sign of thawing relations with hardline President Alexander Lukashenko.
“It is the first time I will be in Minsk and I would like to pass the message that we would like to get closer to your country,” Solana told reporters in Brussels before heading for the capital of the former Soviet republic later Wednesday. “Important decisions have been taken (by the Belarus authorities) but these decisions have to be accompanied by responsibility in all domains,” he added. |
44 Anger in Britain as radical cleric wins payout
by Therese Jauffret, AFP
Thu Feb 19, 11:57 am ET
STRASBOURG (AFP) – The European Court of Human Rights awarded compensation Thursday to radical Muslim cleric Abu Qatada for his “unlawful detention” in Britain, triggering anger despite the modest payout.
Qatada, once labelled Osama bin Laden’s right-hand man in Europe by a Spanish judge, was awarded 2,800 euros (3,500 dollars) by the Strasbourg court — which will also rule on a final appeal against his deportation from Britain. Qatada is battling against being thrown out of Britain to his home country Jordan, saying he risks being tortured there, but suffered a blow this week when Britain’s top court ruled against him. |
45 Iraq’s final election results secure victory for Maliki
By Trenton Daniel, McClatchy Newspapers
Thu Feb 19, 5:58 pm ET
BAGHDAD – Final election results released Thursday echoed what already was known: The political party of Prime Minister Nouri al Maliki won big in provincial polls Jan. 31 , a victory stemming from his crackdown on sectarian violence in the war-torn nation.
Preliminary results released early this month showed that Maliki’s State of Law coalition won a plurality in nine of the 14 provinces that voted, more than any other party. The success highlighted that voters want a strong central and secular-minded government, marking a departure from the religious parties that had enjoyed power. The incumbents, the Iranian-allied Islamic Supreme Council of Iraq , performed poorly. The success of Maliki’s State of Law coalition – highlighted in oil-rich Basra province, where his party locked 20 out of 35 seats – will boost the prime minister’s popularity ahead of parliamentary elections slated for later this year. Maliki’s party also took 28 out of 57 seats in Baghdad province. |
46 U.S. patrol finds anger and distrust in Afghanistan
By Jonathan S. Landay, McClatchy Newspapers
Thu Feb 19, 3:55 pm ET
BARAKI BARAK, Afghanistan – Five miles from the muddy bazaar where smiling merchants offered tea to U.S. Army Col. David Haight and insisted that outsiders were making all the trouble, a deadly reception had been prepared for his five-vehicle patrol.
A U.S. pilot had spotted men burying what turned out to be a bomb by the road where Haight was stopping to ask how he could help poor farmers and jobless youths who were desperate for any kind of work, including setting explosives for the Taliban . The stocky combat veteran from Fairfax, Va. , wasn’t buying what he was hearing about all the troublemakers being outsiders. |
47 Trial of Iraqi shoe thrower adjourns until March 12
By Trenton Daniel, McClatchy Newspapers
Thu Feb 19, 11:31 am ET
BAGHDAD – When Iraqi journalist Muntathar al Zaidi took the stand Thursday, he said that he hadn’t planned to hurl his shoes at President George W. Bush , but the sight of the smirking leader at a Baghdad news conference got the best of him.
“He had an icy smile with no blood or spirit,” said Zaidi, who was enclosed in a wooden pen. “At that moment, I only saw Bush, and the whole world turned black. I was feeling the blood of innocent people moving under his feet.” Zaidi’s testimony Thursday marked the opening day of the high-profile trial. He’s accused of assaulting a foreign head of state on an official visit when Bush made his widely televised farewell trip to Baghdad on Dec. 14 . Conviction could lock up Zaidi for 15 years. |
48 Kyrgyz parliament OKs closing air base that’s crucial to U.S.
By Tom Lasseter, McClatchy Newspapers
Thu Feb 19, 10:34 am ET
BISHKEK, Kyrgyzstan – The Kyrgyz parliament voted Thursday to force the U.S. military to abandon its air base here – part of what many say is a Kremlin-backed initiative – posing a severe setback to American efforts in Afghanistan .
The vote, a resounding 78-1, signaled that Kyrgyzstan’s government is ready to follow through on its president’s threat to close the Manas Air Base . Now that the parliament has passed the measure, all that remains is for President Kurmanbek Bakiyev to sign it and his government to issue an eviction notice giving the Americans 180 days to pack up. |
49 Iraq’s Kurdish-Arab tensions threaten to escalate into war
By Leila Fadel, McClatchy Newspapers
Wed Feb 18, 3:43 pm ET
MOSUL, Iraq – At the headquarters of the Kurdistan Democratic Party in Mosul , Khasro Goran , the deputy governor of Iraq’s Nineveh province, is worried about the future.
Iraq’s Jan. 31 provincial elections have been hailed as a sign that the country is putting its violent past behind it, is moving toward democracy and no longer is in need of a large U.S. military force. Along a 300-mile strip of disputed territory that stretches across northern Iraq , however, the elections have rekindled the longstanding hostility between Sunni Muslim Arabs and Sunni Kurds, and there are growing fears that war could erupt. Al Hadbaa, an Arab nationalist party with some Kurdish and other members that vowed to retake disputed territory from the Kurdish security forces; halt Kurdish expansion and eject Kurdish militias, won 47 percent of the vote in predominantly Arab Nineveh, according to the preliminary election results. That means the Kurds will lose control of the provincial council. |
50 Uighur detainees’ lawyer to Obama: ‘You cannot duck this’
By Marisa Taylor, McClatchy Newspapers
Wed Feb 18, 12:45 pm ET
WASHINGTON – A decision by a federal appeals court Wednesday blocked the release of 17 Guantanamo Bay detainees into the United States and renewed pressure on the Obama administration to deliver on its promise to close the prison.
The ruling applies to a group of Uighurs, a Chinese Muslim minority, who’ve been imprisoned since May 2002 . The men are among scores at the prison whom the military has cleared for release or transfer but who are stuck in limbo because the U.S. government can’t find a country to ship them to. The U.S. government and the Uighurs say the detainees can’t return to China because they’ll be tortured as political dissidents. So far, no other country has agreed to take them. Judge A. Raymond Randolph of the U.S. Court of Appeals for the District of Columbia Circuit wrote in the majority opinion that courts don’t have the authority to order the transfer of foreigners into the United States ; only Congress and the executive branch do. A U.S. district judge last fall had ordered the men released and transferred to the U.S. |
51 Pakistan and China: A Fraying Friendship?
Time Magazine
Thu Feb 19, 5:15 pm ET
There is an old Chinese proverb that says to attract good fortune, spend a new penny on an old friend. On Friday, an old friend is due to come calling in China. Pakistan’s President Asif Zardari will make his second visit to China in four months for meetings with senior political and business leaders. A key ally in the U.S.-led “War on Terror,” Pakistan – desperate for money and in need of a good friend – has recently found itself beckoning China for rescue. But is China willing to invest its pennies in Pakistan, much less play superhero for an old but now problematic ally? |
52 Iraq a Haven from the Global Financial Crisis — For Now
Time Magazine
Thu Feb 19, 5:05 pm ET
While governments from Tokyo to London are sounding alarms as the global financial crisis looks to deepen over the rest of 2009, the U.S. and Iraqi policymakers in Baghdad believe they have bought a year’s time before the downturn poses a threat here. “The economy this year is going to be OK,” says a U.S. official who focuses on economic issues in Iraq. “The problem is next year.” |
53 France Moves Toward Fuller NATO Role
Time Magazine
Thu Feb 19, 1:40 pm ET
There’s nothing new about Washington asking its European allies to start pulling their military weight. But when American Defense Secretary Robert Gates appealed for additional European troop support for the war in Afghanistan on Thursday, the sense of futility was all too obvious. Even as Gates asked Europe for help, he let on that he doesn’t actually expect much. President Barack Obama’s White House “is a new administration and there clearly will be expectations that the allies must do more,” Gates said Thursday during a trip to Poland, his first abroad since being retained as Defense Secretary after the handover from President Bush to Obama. But, he added, “I think the likelihood of getting the allies to commit significant numbers of additional troops is not very great.” |
54 The Quiet American: How the World Sees Obama
Time Magazine
Thu Feb 19, 10:50 am ET
At this year’s U.S.-Islamic World Forum in Doha, Qatar, speaker after Muslim speaker had nothing particularly awful to say about the United States. The Muslims were, in fact, hopeful about, and slightly amazed by, the new American President. Some even wondered aloud what they could do to help him succeed. Anwar Ibrahim, the Malaysian opposition leader, listed the significant gestures that Obama had made toward the Islamic world, from the President’s interview with al-Arabiya television network to the appointment of George Mitchell as Middle East negotiator. Obama had even made reference to “a hadith, which is something not many Islamic leaders do!” Ibrahim added, referring to the sayings of the Prophet that are not included in the Koran. Then Ibrahim went further: “But will the U.S. find credible partners in the Muslim world? … How do we expect the President of the United States to solve our problems when we do nothing?” |
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55 Clyburn: Opposition to stimulus is slap in face
By PAGE IVEY, Associated Press Writer
2 mins ago
U.S. Rep. James Clyburn, D-S.C., said he was insulted when the governors of Texas, Louisiana, Mississippi and his home state, which have large black populations, said they might not accept some of the money from the $787 billion stimulus package.
Texas Gov. Rick Perry said Wednesday he would accept the money, and none of the others has rejected it outright. The Republican governors of Idaho and Alaska also said they had reservations about whether the money would come with too many strings attached, but Clyburn said he was particularly taken aback by southern governors who said they might decline it.
56 AP IMPACT: Jobless hit with bank fees on benefits
By CHRISTOPHER LEONARD, AP Business Writer
3 mins ago
He chose not to complain. That would have cost another 50 cents.
So he took out some of the money and then decided to pull out the rest. But that made two withdrawals on the same day, and that was $1.50.
57 Terrorist in 1973 NYC bomb plot to be deported
By ADAM GOLDMAN and RANDY HERSCHAFT, Associated Press Writers
1 hr 56 mins ago
Al-Jawary’s release date was set for Thursday after he was credited with time served before his sentencing and good behavior.
Rusnok declined to say where Al-Jawary was being held as he awaits deportation. It’s also not clear when Al-Jawary will be deported or where he will be sent. The mysterious terrorist had many aliases and was known to use fake passports from Jordan, Iraq and France.
58 Facebook has removed 5,500 sex offenders since May
By MARLON A. WALKER, Associated Press Writer
2 hrs 31 mins ago
Richard Blumenthal said the world’s largest social networking site, which claims to have more than 175 million active members, reported to his office that 5,585 convicted sex offenders were found on the Web site and removed between May 1, 2008, and Jan. 31, 2009.
“The message in this number is Facebook has an equal stake in solving this problem of protecting children,” said Blumenthal, who along with North Carolina Attorney General Roy Cooper has led an effort remove sex offenders from the social networking Web sites.
59 Home of Marlboro man passes partial smoking ban
By BOB LEWIS, AP Political Writer
2 hrs 43 mins ago
The measure restricts smoking to separately ventilated rooms in restaurants and private clubs in Virginia, which has grown tobacco for 400 years.
The decisive 60-39 vote was in the House of Delegates, dominated by Republicans who have battled tobacco restrictions for years. The Senate earlier voted 27-13 for the bill, which now heads to Gov. Timothy M. Kaine, who said he would sign it.
60 Beloved parts of border changed almost overnight
By ELLIOT SPAGAT, Associated Press Writer
Thu Feb 19, 3:43 pm ET
For decades, the dunes and Friendship Park were virtually unchanged. But in its final months, as the Bush administration raced to fulfill a pledge to erect 670 miles of fencing and vehicle barriers on the border, they were transformed almost overnight.
A fence now slices through the Imperial Sand Dunes, preventing recreational riders from veering into Mexican sands. Before, drug smugglers easily blended in with riders to reach Interstate 8, less than a half-mile from the border at one point.
61 As U.S. downturn deepens, repair business thrives
By Tim Gaynor, Reuters
2 hrs 35 mins ago
“When people come in here, they know we are not going to give them that new-tire pitch. We’re going to say ‘We can make this tire work for you,’ and send them on the road,” said Alexander, who patches tires for $5 and offers a set of used tires from $60.
As tens of thousands of workers are laid off across the United States each week and many more fear for their jobs, businesses from automakers to television manufacturers are having an increasingly hard time selling new goods.
62 U.S. employers expect steady rise in health costs
Reuters
Thu Feb 19, 6:00 pm ET
The survey of 489 large U.S. employers also showed that more plan to offer consumer-directed health plans in 2010 to try to control cost increases.
“Cost increases have stabilized, but the financial crisis is causing many companies to reevaluate their health plan strategies,” said Ted Nussbaum, group and health care practice expert at consultants Watson Wyatt, which helped conduct the survey.
63 Alaska sees $1.25 billion budget gap on oil price drop
By Yereth Rosen, Reuters
2 hrs 40 mins ago
The dramatic change in state fortunes poses a stiff challenge for Gov. Sarah Palin, whose record during the oil price boom helped propel her to the Republican vice presidential nomination in 2008.
Alaska’s Department of Revenue said late on Wednesday it expects prices for Alaska North Slope crude to average $57.78 a barrel during fiscal 2010, down from $74.41 predicted in December. The department forecast that Alaska’s oil production will average 659,000 barrels per day, down 6,000 barrels a day from the December forecast.
64 Study ties fast food to stroke risk
By Julie Steenhuysen, Reuters
Thu Feb 19, 5:13 pm ET
They said residents of one Texas county who lived in neighborhoods with the highest number of fast-food restaurants had a 13 percent higher risk of experiencing a stroke than those in neighborhoods with the fewest such restaurants.
The study, presented at the American Stroke Association’s International Stroke Conference, does not prove living near fast-food restaurants raises the risk of stroke, but it does suggest the two are linked in some way.
65 U.S. joins lawsuits against J&J over marketing
Reuters
Thu Feb 19, 6:10 pm ET
The drug is approved to treat patients with acutely decompensated congestive heart failure who experience shortness of breath. But DOJ officials said in a statement their investigation found Scios aggressively began marketing the drug to patients with less severe heart failure soon after its approval in 2001.
Those patients were given Natrecor as part of scheduled, outpatient infusions, the DOJ said.
66 Drug abuse among U.S. teenagers drops: U.N.
By Daniel Bases, Reuters
Thu Feb 19, 5:31 pm ET
But the number of people abusing prescription drugs rose, the U.N. International Narcotics Control Board said in its annual report.
“The positive aspect,” said Melvyn Levitsky, an INCB member and former U.S. diplomat, was that among American teenagers “it seems that drug abuse has gone down 24 percent in the last eight years.”
67 Gay clergy move advances among some U.S. Lutherans
By Michael Conlon, Religion Writer, Reuters
Thu Feb 19, 6:24 pm ET
The study group also approved of congregations finding ways to recognize gay unions by prayer and other means but did not suggest a formal marriage rite or blessing be established for them.
The matters covered in two reports released by the Evangelical Lutheran Church in America, or ELCA, are subject to review by church bishops and possible revisions by its Church Council before going to the membership convention for a vote in August.
68 Stanford leaves cancer patients waiting for millions
By Svea Herbst-Bayliss, Reuters
Thu Feb 19, 3:00 pm ET
Stanford Group Co, reputed for corporate giving, was a multimillion dollar donor to St. Jude Children’s Research Hospital in Memphis, Tennessee.
But after Stanford was charged this week with an $8 billion fraud, staff at the cancer hospital realized that millions they were expecting from Stanford might never arrive.
69 Record 881 U.S. auto dealerships closed in 2008: data
Reuters
Thu Feb 19, 3:57 pm ET
In the face of tight credit and a plunge in sales of cars and trucks, about 4.2 percent of the country’s 20,084 auto dealerships shut their doors, according to data firm Urban Science.
The number of closures, the bulk of which occurred in the fourth quarter, represents the biggest decline since 1991 when the company started to collect data.
70 Many Santander Madoff-hit clients sign deal
By Jim Loney, Reuters
Thu Feb 19, 11:04 am ET
The disclosure was made at a hearing on a class-action lawsuit filed on behalf of people who lost money through their investments in the Spanish bank’s Optimal Strategic U.S. Equity Fund, which invested with Madoff.
“About 70 percent have already executed exchange agreements,” attorney Sam Danon told U.S. District Judge Paul Huck. “I believe somewhere in the area of 7 or 9 percent have rejected it. There’s a percentage that are still considering the agreement.”
71 U.S. festival spotlights Arab arts and humanity
By Andrea Shalal-Esa, Reuters
Thu Feb 19, 8:36 am ET
The John F. Kennedy Center for the Performing Arts began planning the “Arabesque” festival years ago. Its events are not tied to the U.S. government in any way, but the timing turned out to be inspired, said show curator Alicia Adams.
“It’s fortuitous that it’s happening at this time when we are trying to change the way that we do things and our relationships with this region of the world,” she said.
72 Dec highway travel down for 14th month
By Tom Doggett, Reuters
Thu Feb 19, 12:00 pm ET
U.S. highway travel was down 1.6 percent in December compared with a year earlier, falling 3.8 billion miles to 237 billion miles. That was a much smaller drop than the 5.4 percent decline in November or October’s 3.7 percent falloff.
While the weak U.S. economy reduced total highway travel, falling pump prices during December helped keep some drivers on the roads longer, the department said.
73 Stanford probe widens, Venezuela seizes bank
By Ana Isabel Martinez and Jason Szep, Reuters
Thu Feb 19, 11:31 am ET
Britain’s Serious Fraud Office (SFO) said it was monitoring a possible UK link to the case after media reports that Stanford’s books were audited in Britain.
Stanford’s whereabouts remain unknown. U.S. federal agents raided Stanford Group offices in Miami, Houston and other U.S. cities earlier this week.
74 New U.S. health insurance program envisioned
By Will Dunham, Reuters
Thu Feb 19, 2:00 am ET
The Commonwealth Fund, a leading private health policy research group, unveiled a comprehensive plan for changing a U.S. health care system that is the world’s most expensive yet lags many other nations in important measures of quality.
They hope the Obama administration and lawmakers consider the ideas as they move forward this year with plans for major changes in the health care system. This plan is one of many being advanced as U.S. policymakers move toward action.
75 Britain bars entry to anti-gay U.S. preacher
By Michael Holden, Reuters
Thu Feb 19, 10:31 am ET
The Reverend Fred Phelps, founder of the Westboro Baptist Church in Kansas, had been due in Britain to protest at a play about the murder of a gay man.
But British Home Secretary Jacqui Smith said she had decided to prevent Phelps and his daughter Shirley Phelps-Roper from entering the country.
76 As UAW faces hard times, pioneers recall glory days
By Nick Carey, Reuters
Wed Feb 18, 7:45 pm ET
But a handful of the union’s most senior survivors still recall the early days of the UAW and some of their legendary battles with the automakers in the 1930s during the Great Depression.
Without the UAW, they argue, America would have no middle class. The concessions being made today will only weaken the union, they say.
77 California approves budget plan
by Rob Gloster, AFP
Thu Feb 19, 4:37 pm ET
After marathon negotiations that began last Saturday, the breakthrough came when a moderate Republican state senator agreed to switch sides and support tax increases, giving Democrats the final vote they needed to pass the package.
Lawmakers began voting on a series of 33 budget bills shortly after midnight and completed their approval at 6:55 am — four minutes after sunrise.
78 BP to pay 179 million dollars to settle Texas pollution case
AFP
Thu Feb 19, 5:26 pm ET
BP Products North America Inc agreed to spend more than 167 million dollars on pollution controls and enhanced monitoring to resolve violations of the Clean Air Act, the Department of Justice said.
The company will also pay a 12-million-dollar civil penalty.
79 Electric car charging stations power-up in San Francisco
AFP
Thu Feb 19, 5:23 pm ET
“Our goal is to transform the Bay Area into the EV capital of the United States, and a networked infrastructure is essential for the adoption of electric vehicles,” said mayor Gavin Newsom.
“San Francisco is proud to be the first city to feature charging stations with technology to support our city’s clean electric fleet vehicles and car-share fleets.”
80 Five northeast US newspapers to share content
AFP
Thu Feb 19, 2:45 pm ET
The Buffalo News, New York Daily News, Times Union of Albany, New York, and two New Jersey papers, The Star-Ledger of Newark and The Record of Bergen County, said they are banding together to form the “Northeast Consortium.”
The newspapers, in a statement on Wednesday, said they plan to begin sharing stories, photographs and graphics in May. They said technical arrangements are being finalized.
81 The Catholic Crusade Against a Mythical Abortion Bill
Time Magazine
Thu Feb 19, 5:35 pm ET
82 The Fine Art of Sheep-Shearing — for Fun and Profit
Time Magazine
Thu Feb 19, 12:00 pm ET
83 Will President Obama’s New Housing Plan Work?
Time Magazine
Thu Feb 19, 10:50 am ET
Author
84 Spending on preventing homelessness to soar
By KEVIN FREKING, Associated Press Writer
Thu Feb 19, 6:31 pm ET
Tucked within the economic stimulus bill recently signed by President Barack Obama was $1.5 billion to help families pay rent, make a security deposit, pay utilities and cover other housing expenses.
To put that spending increase in perspective, HUD’s largest grant program assisting the homeless will allocate about $1.6 billion this year to 6,300 projects around the country. That money, announced Thursday, funds a variety of programs, such as emergency shelters and support services for the mentally ill and those with substance abuse problems. Most of HUD’s spending on the homeless focuses on helping people once they’ve become homeless rather than prevention.
85 US says Kyrgyz base not lost, will pay more rent
By ANNE GEARAN, AP Military Writer
Thu Feb 19, 3:18 pm ET
Speaking hours after Kyrgyzstan’s parliament voted 78-1 to evict the U.S. military, Gates said the Central Asian base – which sends some 500 tons of supplies to the Afghanistan war each month – is important. But he said it’s not irreplaceable, and that the former Soviet republic won’t put the U.S. over a barrel.
“We are prepared to look at the fees and see if there is justification for a somewhat larger payment,” Gates said at a press conference. “But we’re not going to be ridiculous about it.”
86 Senator says U.S. should consider Chrysler/Fiat
By John Crawley, Reuters
Thu Feb 19, 6:25 pm ET
Bob Corker, a Tennessee Republican, said there is little hope that Chrysler could remain a stand-alone company, despite its contention that it could with additional government capital, and those advocating consolidation should realize that a tie-up might involve foreign ownership.
“What is it that can happen out there that creates the highest probability they can pay back (bailout funds)?” Corker asked in an interview with Reuters. “If the merger with Fiat is it, maybe that’s something we ought to consider.”
87 Republicans tap Louisiana governor for big speech
By Chris Baltimore, Reuters
Thu Feb 19, 10:32 am ET
But pressing problems at home, like a mounting state deficit, could make or break the rising political star’s ambitions.
State political experts say the 37-year-old, Oxford-educated Republican of Indian heritage is maneuvering to be a possible presidential candidate in 2012. Jindal has dismissed such speculation and insists he is focused on getting re-elected in 2011.
88 U.S. asks Poland for more time on missile defense
By David Morgan, Reuters
Thu Feb 19, 3:26 pm ET
The Obama administration has signaled it may slow plans to deploy elements of a missile defense shield in Poland and the Czech Republic as part of a drive to improve frosty ties with Russia, whose cooperation Washington needs in confronting Iran.
U.S. Defense Secretary Robert Gates discussed the missile shield issue with his Polish counterpart Bogdan Klich during a meeting of NATO defense ministers in the Polish city of Krakow.
89 Russia hopes U.S. Congress will pass nuclear pact
By Guy Faulconbridge, Reuters
Thu Feb 19, 11:37 am ET
The deal would open the U.S. nuclear fuel market and Russia’s vast uranium fields to companies from both countries by removing Cold War restrictions in the sector.
The agreement was signed last May but former President George W. Bush withdrew it from Congress in September, a move widely seen as punishment for Russia’s war with Georgia.
90 US voices ‘concern’ over Pakistan’s deal on Sharia law
by Dan De Luce, AFP
36 mins ago
US envoy Richard Holbrooke told CNN in an interview on Thursday afternoon that he had spoken with Zardari by phone just hours earlier and expressed his “concern.”
“It is hard to understand this deal in Swat,” in the country’s northwest, said Holbrooke, who returned this week from a regional tour that included visits to Pakistan, Afghanistan and India.
91 US senator urges Somalia policy overhaul
AFP
Thu Feb 19, 4:17 pm ET
“The need to develop and implement a new approach is urgent,” Democratic Senator Russ Feingold told Obama in a letter dated February 13, urging the new US president to break with predecessor George W. Bush’s approach.
Feingold urged Obama to forge a comprehensive new approach grouping US diplomatic efforts but also military and intelligence means “into one coherent strategy.”
92 US, China consider naval pact: report
AFP
Thu Feb 19, 11:17 am ET
Admiral Timothy Keating, asked about a potential accord with China similar to a Cold War agreement between Washington and Moscow, told reporters in Hong Kong there were “nascent initiatives” already underway to “address that very issue.”
“We want them (China) to understand there are rules of the road, both literal and figurative,” Keating said, according to the South China Morning Post.
Author
93 Nestle, Hormel benefit as consumers cut spending
By EMILY FREDRIX, AP Food Industry Writer
Thu Feb 19, 4:45 pm ET
Nestle SA, the world’s largest food company, and Hormel Foods Corp., the maker of pork-in-a-can icon Spam, said Thursday they plan to keep pushing low-cost products as consumers trim their budgets amid the deepening recession.
Since May, Spam sales have been growing by double-digit percentages as consumers flock to the value they see in the brand, said Chief Executive Jeffrey Ettinger. Hormel’s plants have boosted production and even run on weekends, he said.
94 SEC names Robert Khuzami new enforcement chief
By MARCY GORDON, AP Business Writer
46 mins ago
Robert Khuzami has been a top legal official on Wall Street at investment firm Deutsche Bank since 2004. Before that he worked for 11 years in the U.S. attorney’s office in Manhattan and prosecuted insider trading cases, Ponzi schemes and other financial crimes.
Khuzami, 52, replaces Linda Thomsen, the SEC enforcement director since May 2005. Her departure was announced last week.
95 Oil prices surge on report of falling inventories
By MARK WILLIAMS, AP Energy Writer
Thu Feb 19, 3:39 pm ET
Light, sweet crude for April delivery rose 7 percent, or $2.77, to settle at $40.18 per barrel on the New York Mercantile Exchange. The vast majority of trades have shifted to the April contract with the March contract expiring Friday.
Benchmark crude for March delivery surged 14 percent, or $4.86, to settle at $39.48.
96 HUD Secretary: Banks must ‘step up’ on foreclosure
Associated Press
Thu Feb 19, 1:15 pm ET
“This started as a mortgage crisis but it’s become a jobs crisis,” said Donovan, speaking a day after President Barack Obama announced a $75 billion program aimed at a problem many analysts say has been at the heart of the country’s economic tailspin.
In addition to the new mortgage lifeline for millions of Americans on the brink of foreclosure, the administration on Wednesday announced an additional $200 billion in government assistance to mortgage giants Fannie Mae and Freddie Mac, the largest makers of home mortgages in America.
97 FERC OKs EDF upping stake in Constellation Energy
By ALEX DOMINGUEZ, Associated Press Writer
Thu Feb 19, 3:18 pm ET
The Federal Energy Regulatory Commission said in a statement that the commission found the deal consistent with the public interest and also approved an option for the sale of up to $2 billion in other non-nuclear assets.
The commission said it found the transactions “are consistent with the public interest under the Federal Power Act: they will not adversely affect competition, rates or regulation.”
98 Embraer slashes work force 20 pct amid crisis
By ALAN CLENDENNING, AP Business Writer
Thu Feb 19, 5:13 pm ET
Empresa Brasileira de Aeronautica SA did not specify the precise number of posts that will be eliminated, but said the amount represents about 20 percent of its global work force of 21,362 people.
The company said its decision to cut costs and jobs was forced by a “the new reality of demand for commercial and executive aircraft,” according to a statement.
99 Leading indicators rise more than expected in Jan.
By VINNEE TONG, AP Business Writer
Thu Feb 19, 12:50 pm ET
The New York-based Conference Board said Thursday that its January index of leading economic indicators rose 0.4 percent. Economists surveyed by Thomson Reuters expected no change in the index, which forecasts economic activity for the next three to six months based on 10 economic components, including stock prices, building permits and initial claims for unemployment benefits.
The Conference Board said the single biggest boost to the index was the real money supply. The government’s effort to address the credit crisis has put more money in circulation.
100 BofA and Citi shares fall on nationalization fear
By Juan Lagorio, Reuters
Thu Feb 19, 2:17 pm ET
In addition, insurance companies’ stocks plummeted — led by Hartford Financial Services Group (HIG.N) — as declining stock and bond market values added to concerns about weakening investment portfolios and capital positions.
“When you talk about nationalization you hear the names Citi and Bank of America as the top two names burning out,” said Walter Todd, a portfolio manager at Greenwood Capital Associates, which holds shares of Bank of America.
101 PC makers’ shares fall on fears of worsening demand
Reuters
Thu Feb 19, 4:54 pm ET
…
“I think what HP and Apple are seeing is what should be expected in this environment, that consumers are making the change to lower-price, lower-end notebooks,” ThinkPanmure analyst Vijay Rakesh said.
…
The global economic meltdown has severely hurt IT purchases, with enterprises paring back costs and consumer spending evaporating. Fourth-quarter 2008 PC shipments posted their worst growth rate since 2002, according to research group Gartner.
102 Fed’s Lockhart: Fed can take more steps if needed
Reuters
Thu Feb 19, 1:36 pm ET
“If forecasts of improvement don’t materialize, the Fed is not without capacity to act, even with the fed funds rate at its lower bound,” Federal Reserve Bank of Atlanta President Dennis Lockhart told the Birmingham Regional Chamber of Commerce in prepared remarks.
The Fed has cut interest rates almost to zero and pumped hundreds of billions of dollars into financial markets to ease a yearlong recession, alongside a massive $787 billion government stimulus package and $700 billion bank bailout.
103 Department stores unlikely to recover this year
By Aarthi Sivaraman, Reuters
Thu Feb 19, 2:47 pm ET
And when shoppers are ready to head back into stores, department store companies will have to highlight attractive products and tempting prices to snag sales, analysts and experts said.
From Macy’s Inc (M.N), Kohl’s Corp (KSS.N) and J.C. Penney Co Inc (JCP.N) to the more upscale Nordstrom Inc (JWN.N) and Saks Inc (SKS.N), department stores suffered in 2008 through the worst holiday sales season in nearly 40 years. Consumers bought less; and when they did buy, they chose cheaper items.
104 Whirlpool and others face compressor industry probe
Reuters
Thu Feb 19, 1:15 pm ET
Whirlpool, whose shares fell more than 6 percent on Thursday, said it received a grand jury subpoena from the U.S. Department of Justice. Tecumseh Products Co said earlier this week that it had been contacted.
“The Antitrust Division is investigating the possibility of anti-competitive practices in the compressor industry,” a spokeswoman for the U.S. Department of Justice said. “We are coordinating with other foreign competition authorities.”
105 Saturn dealers seek replacement for GM: memo
By Soyoung Kim, Reuters
Thu Feb 19, 11:06 am ET
GM said it expected to phase out Saturn in its viability submitted to the government on Tuesday, and later that day GM executives said all options were on the table.
Among the options, GM and its Saturn dealers will investigate a spin-off of the Saturn Distribution Corp, an independent GM subsidiary with which Saturn dealers have their franchise agreements, GM said in a memo sent to Saturn owners late Wednesday.
106 BNP suffers 1.366-bln-euro quarterly loss
AFP
Thu Feb 19, 1:06 pm ET
BNP Paribas also said it would close 100 out of around 1,000 branches of its UkrSibbank subsidiary in Ukraine as a cost-cutting measure amid increased fears about the exposure of Western European banks in Central and Eastern Europe.
The results — which come amid uncertainty over BNP’s bid to take over the Belgian assets of Fortis bank — were in line with expectations, with much of the setback coming in the fourth quarter as the financial crisis bit.
107 Saab to request immediate restructuring: report
AFP
Thu Feb 19, 2:59 pm ET
Saab’s board of directors met to request that an administrator be appointed by a court to restructure the cash-strapped unit and determine if any parts of it can survive without its US parent company, Swedish public radio reported.
Showing the high degree of public sensitivity over the fate of Saab, Annette Hellgren, head of the Unionen union at Saab’s factory in Trollhaettan, told Swedish news agency TT that the meeting was later “adjourned indefinitely.”
108 EU sweetens energy plan for France, Italy
AFP
Thu Feb 19, 2:52 pm ET
The new plans would reduce funding for projects in Britain and Germany.
The Commission last month unveiled proposals for a five-billion-euro (6.3 billion dollar) programme of mostly energy and environmental projects aimed at reducing dependence on Russian gas and stimulating the ailing European economy.
109 US wholesale prices rise 0.8%
by Veronica Smith, AFP
Thu Feb 19, 9:55 am ET
A rise in the Labor Department’s producer price index (PPI) was expected by most analysts, but the seasonally adjusted headline number far exceeded forecasts of 0.3 percent.
On an annual basis, wholesale prices fell 1.0 percent from January 2008, after declining 0.9 percent in December from a year earlier. Over the same period, prices for finished energy goods fell 18.4 percent.
Author
Oke is getting an OND tryout next week, so this may be the last one of these for a while.
About the economy…
I happened to be at work on Sunday, and got to read a little bit of the local paper.
Page One, above the fold:
http://articles.lancasteronlin…
It’s all about how the city high school, McCaskey, was built by the WPA…no mention of how almost everyone here was at the time knee-Jerk GOP (and most of the county still is). It is actually a testament to how much good the WPA did…here, & by extension, everywhere.
to do absolutely nothing and be damn proud of it.
GOP poised to leap on spending abuses in Stimulus?
Well, I’m poised to pounce on abusive NeanderGOPs for a full out attack on planet earth and the lifeforms grazing thereon.
Anyone up to join me? I have 2 ideas, but both will require large numbers of pro-participants.
1) We invade territories where the Nean…gops are known to frequent and make citizen’s arrests before they succeed in destroying the planet completely.
2) We gather them up, along with Grover and his minnions in ATR, bind them together, secure their feet in concrete, and throw them off the Brooklyn Bridge.
The former method is preferred as the second would contribute to raising the water level with so many fat, yet glacially cold, asses.