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[logo] BBC News | News Front Page | UK Edition   more  xml  hide  
last updated: Wed, 17 Sep 2008 06:41:14 GMT

 Wed, 17 Sep 2008 05:53:33 GMT US government rescues insurer AIG
US officials announce an $85bn rescue package for insurance giant AIG, as Barclays agrees to buy part of Lehman Brothers.
 Wed, 17 Sep 2008 03:50:52 GMT Brown hit by 'Chamberlain' attack
Gordon Brown is the most unpopular PM since Neville Chamberlain, says a Labour MP pushing for a leadership contest.
 Wed, 17 Sep 2008 06:30:01 GMT Gatwick Airport put up for sale
The UK's second largest airport Gatwick, valued at £1.8bn, is to be sold by its owner BAA, the BBC learns.

[logo] Christian Science Monitor | Top Stories   more  xml  hide  
last updated: Wed, 17 Sep 2008 06:41:14 GMT

  As Wall Street tumbles, the world quakes
Markets from London to Tokyo fell on the news of Lehman Brothers' bankruptcy.

  Behind bad baby milk, an ethical gap in China's business
Inspectors found that 13 percent of dairy firms inspected since last week had produced melamine-tainted formula, state TV reported Tuesday. Critics say state regulation alone won???t prevent more food scandals.

  Odierno takes charge in a 'fragile' Iraq
Gen. David Petraeus, who handed over command on Tuesday to Gen. Raymond Odierno, will lead US Central Command.


[logo] NYT > NYTimes.com Home   more  xml  hide  
last updated: Wed, 17 Sep 2008 06:27:29 GMT

 Wed, 17 Sep 2008 05:36:36 GMT Fed?s $85 Billion Loan Rescues Insurer
Fearing a global financial crisis, the Federal Reserve reversed course and agreed to bail out the American International Group.
 Wed, 17 Sep 2008 05:00:36 GMT Some Seek Agency to Buy Bad Debt as Long-Term Answer
Some lawmakers and experts are considering creating a new agency to dispose of the assets at the core of Wall Street?s woes.
 Wed, 17 Sep 2008 04:24:35 GMT Economic Scene: Perhaps, Time for Someone to Play Offense
The government has acted aggressively, but not on the underlying reasons that the economy got into this mess.

U.S. News   more  xml  hide  
last updated: Wed, 17 Sep 2008 06:03:58 GMT

 Tue, 16 Sep 2008 17:19:00 -0400 Four Challenges Petraeus Leaves Behind for His Successor in Iraq
Gen. Odierno must manage Sunni militias, a U.S. troop drawdown, the flashpoint of Kirkuk, and Sadr.
 Tue, 16 Sep 2008 17:15:00 -0400 Blog Buzz: Barack Obama's Campaign Responds to Iraq Accusations, John McCain Invented the BlackBerry, Wall Street Crisis Gets Political
A McCain adviser credits the candidate for the BlackBerry, and the Obama campaign denies accusations.
 Tue, 16 Sep 2008 17:07:00 -0400 Lehman Collapse Sends Students Job Hunting
With offers revoked, business school students face an uncertain job market.

[logo] Yahoo! News: Top Stories   more  xml  hide  
last updated: Wed, 17 Sep 2008 06:52:07 GMT

 Wed, 17 Sep 2008 05:57:45 GMT Government steps in again, bails out AIG with $85B (AP)

A woman walks past the office of U.S. insurance giant  AIG, American International Group, in Croydon, South London, Tuesday, Sept. 16, 2008. Shares of American International Group Inc. fell Tuesday as investors questioned whether the huge insurer would come up with more money to stay in business and avoid igniting even more global financial turmoil. AIG shares were down $1.96, or 41.2 percent, to $2.80 in early afternoon trading, rebounding from an intraday low of $1.25 but below the day's high of $4.57. Shares have traded as high as $70.13 during the past year.  (AP Photo/Sang Tan)AP - Another day, another bailout. The U.S. government stepped in Tuesday to rescue American International Group Inc., one of the world's largest insurers, with an $85 billion injection of taxpayer money.


 Wed, 17 Sep 2008 05:58:22 GMT McCain, Obama trade heated jabs over the economy (AP)

Democrat Barack Obama cranked up his assault Tuesdat on John McCain after the Republican declared the US economy was AP - John McCain and Barack Obama traded increasingly barbed insults along with prescriptions for the ailing economy Tuesday as financial fears shoved aside lipstick on pigs and every other political issue in a blink with just weeks left in the long presidential campaign.


 Wed, 17 Sep 2008 05:58:56 GMT House approves offshore drilling (AP)

Shell's oil and gas terminal on Bonny Island in the Niger Delta. A Nigerian rebel group said Tuesday it had blown up and destroyed a Royal Dutch Shell pipeline in the latest attack in its AP - The House voted late Tuesday to open waters off the Atlantic and Pacific coasts to oil and gas drilling but only 50 or more miles out to sea and only if a state agrees to energy development off its shore.



[logo] ABC News: International   more  xml  hide  
last updated: Wed, 17 Sep 2008 06:27:29 GMT

 Tue, 16 Sep 2008 11:52:14 -0400 Markets Slide on Lehman, Merrill Demise
World markets slide on Lehman, Merrill demise, fears of financial crisis.
 Tue, 16 Sep 2008 15:50:12 -0400 Does the U.N. Report Indict Iran?
IAEA info suggests Iran was revamping missile for nuclear payload.
 Tue, 16 Sep 2008 14:02:58 -0400 General: Afghanistan Needs More US Troops
Top general in Afghanistan says far more American troops are needed.

[logo] Guardian Unlimited   more  xml  hide  
last updated: Wed, 17 Sep 2008 06:03:59 GMT

 2007-05-11T00:00+00:00 'I did what I thought was right': Tony Blair gives his resignation speech
Blair to step down on June 27.
 2007-05-11T00:00+00:00 Police chase new leads as resort search for girl ended
British-registered vehicle gives police new lead.
 2007-05-11T00:00+00:00 Andrew Marr on curling up with a good ebook
Andrew Marr - who treasures his smelly, beautiful library of real books - roadtests one of the new gadgets.

[logo] CNN.com   more  xml  hide  
last updated: Wed, 17 Sep 2008 06:10:52 GMT

 Wed, 17 Sep 2008 00:09:16 EDT Fed steps in with $85 billion bailout for AIG
In an unprecedented move, the Federal Reserve Board is lending as much as $85 billion to rescue crumbling insurance giant AIG, officials said Tuesday evening. In return, the federal government will receive a 79.9 percent stake in the company, CNNMoney.com reports. Officials decided they had to act lest the nation's largest insurer file bankruptcy.

 Tue, 16 Sep 2008 23:04:01 EDT House approves bill to expand oil drilling
The House of Representatives is set to vote Tuesday on a bill clearing the way for more oil drilling in the United States, with the Democrats who control Congress yielding to Republican pressure on the issue.

 Tue, 16 Sep 2008 17:40:34 EDT Stocks rise after Fed rate decision
Stocks rallied Tuesday as investors focused on the positive implications for the economy in the Federal Reserve's decision to hold interest rates steady, and on diminishing fears about AIG's solvency.


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