Archive for September, 2008

Democratic leaders ask for a smaller bailout (AP)

Wednesday, September 24th, 2008

A battle appeared to be brewing Saturday between the administration of George W. Bush and leaders of the Democratic-controlled Congress over the government's request for 700 billion dollars to bail out financial institutions. Nancy Pelosi said that Democrats would work with Republicans to craft a bailout measure, but insisted that the interests of common Americans must be kept in mind.(AFP/File/Lauren Victoria Burke)AP - Democratic officials say leaders are asking the Bush administration to dramatically cut the size of the $700 billion bailout of the financial industry and then come back to Congress later if they need more.


At least 20 killed in ambush north of Baghdad

Wednesday, September 24th, 2008

BAQUBA, Iraq (AFP) - Gunmen ambushed and killed 12 policemen and eight anti-Qaeda fighters in Diyala province north of Baghdad on Wednesday as rebel violence continued despite a security force crackdown.

McCain suspends campaign to work on Wall Street plan (Reuters)

Wednesday, September 24th, 2008

Republican presidential nominee Senator John McCain (R-AZ) makes a statement in New York September 24, 2008, announcing he is suspending his campaign because of the economic crisis in the United States. (Brian Snyder/Reuters)Reuters - Republican presidential candidate John McCain said on Wednesday he will break off from campaigning to help on a Wall Street rescue plan and asked that a Friday debate with Democrat Barack Obama be postponed.


Israel’s Peres calls Iran’s Ahmadinejad a “disgrace” (Reuters)

Wednesday, September 24th, 2008

Israel's President Shimon Peres addresses the 63rd United Nations General Assembly at U.N. headquarters in New York, September 24, 2008. (Mike Segar/Reuters)Reuters - Israeli President Shimon Peres called Mahmoud Ahmadinejad a danger and a disgrace on Wednesday, rebuking the Iranian president for his vitriolic condemnation of Israel and Zionism at the United Nations.


Protest in Srinagar against grenade attack on separatist’s house

Wednesday, September 24th, 2008

24 Sep 2008, 1509 hrs IST,PTI             Font Size: SRINAGAR: Police used batons and fired tear gas shells to disperse violent…

Obama rejects McCain’s call to delay debate (AP)

Wednesday, September 24th, 2008

Republican presidential nominee Arizona Senator John McCain speaks on the financial crisis at a hotel in New York City. McCain said Wednesday he was suspending his White House campaign and asked to put off Friday's presidential debate as he returned to Washington to help tackle the US financial crisis.(AFP/Mandel Ngan)AP - Republican John McCain said Wednesday that he wants to postpone Friday’s debate to deal with the nation’s financial problems, but Democrat Barack Obama said “it’s more important than ever” that the country hear from its next president.


Myanmar frees at least seven political prisoners

Wednesday, September 24th, 2008

24 Sep 2008, 1120 hrs IST,AFP             Font Size: YANGON: Myanmar’s junta has released at least seven political prisoners as part of an amnesty for more than 9,000 inmates, officials from detained democracy leader Aung San Suu Kyi’s party said on Wednesday….