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Thu, 08 Jan 2009 16:36:27 -0500

Obama pushes stimulus, warns on recession
WASHINGTON (Reuters) - President-elect Barack Obama warned on Thursday that the U.S. economy could stay mired in recession for years without bold action and he urged lawmakers to work day and night to pass a massive stimulus plan.

Thu, 08 Jan 2009 17:58:14 -0500

Israel faces criticism as Gaza toll hits 765
GAZA (Reuters) - Recovery teams ventured into battlegrounds of the Gaza Strip on Thursday to gather bodies from the rubble, and Hamas officials said the Palestinian toll in Israel's 13 day-old offensive rose to 765 dead.

Thu, 08 Jan 2009 18:32:08 -0500

Citi backs mortgage bankruptcy reform: senators
WASHINGTON (Reuters) - Financial giant Citigroup Inc has agreed to support a rewrite of bankruptcy law being proposed in the U.S. Congress to help troubled mortgage borrowers avoid foreclosure, lawmakers said on Thursday.

Thu, 08 Jan 2009 18:17:54 -0500

Obama names Virginia gov as Democratic Party head
WASHINGTON (Reuters) - President-elect Barack Obama named Tim Kaine as head of the Democratic Party on Thursday, rewarding an early supporter with a high-profile political post even as he continues to serve as Virginia governor.

Thu, 08 Jan 2009 18:09:57 -0500

Wal-Mart and other U.S. retailers warn after dismal holiday
CHICAGO (Reuters) - Wal-Mart Stores Inc and other top U.S. retailers delivered disappointing December same-store sales and profit warnings on Thursday, sparking fresh recession concerns that hit stock and currency markets.

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Thu, 08 Jan 2009 21:20:00 GMT

Strikes halted as Israel considers peace deal - Sydney Morning Herald
Israel intensifies campaign in southern Gaza Sarkozy hails breakthrough on ceasefire Jason Koutsoukis: Land invasion likely as French ceasefire bid stalls Israeli tanks target Khan Yunis A time for fighting: threat to invade Gaza ISRAELI envoys were ...
Thu, 08 Jan 2009 21:42:00 GMT

Rainbow MWD considers creating water runoff monitoring group - Fallbrook Bonsal Village News
Thursday, January 8 th , 2009. Issue 02, Volume 13. The San Diego County Farm Bureau has created a runoff monitoring group to help its members comply with new water quality regulations, and the Rainbow Municipal Water District is considering the ...
Thu, 08 Jan 2009 22:11:00 GMT

Taiwan considers sending naval force to Somali waters - Gulf News
Taipei: A senior official says Taiwan is considering sending a naval force to protect its fishing vessels off the coast of the African nation of Somalia. Thursday's comments by Mainland Affairs Council Vice Chairman Chao Chien-min come amid rising ...
Thu, 08 Jan 2009 20:02:00 GMT

After State of State, Paterson Praises Bloomberg, Considers Kennedy's ... - New York Observer
ALBANY—David Paterson had a date with Joan Hamburg. "I give a lot of interviews, but this is one time when I'm excited," the governor told the "first lady of talk radio" this afternoon on her daily radio show. "I've gone to a lot of restaurants you ...
Thu, 08 Jan 2009 18:14:00 GMT

Citigroup considers 'cram-down' law - CNN Money
WASHINGTON (Reuters) -- Citigroup could soon agree to principles that would let troubled borrowers save their homes through bankruptcy, sources familiar with the talks said Thursday, while industry groups are easing their opposition to the plan ...

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Thu, 08 Jan 2009 23:33:29 GMT

10% of Gitmo detainees being forcibly fed
Ten percent of captives at the US Guantanamo Bay prison -- many of whom have never been charged of a crime -- are having their heads velcroed to chairs and forced to take in nutritional supplements by a tube ...
Thu, 08 Jan 2009 23:30:09 GMT

US goes after Hizbullah's Waad rebuilding effort
BEIRUT: The US government has placed the Waad Project, a Hizbullah-affiliated reconstruction venture formed after the 2006 war with Israel, on a blacklist of individuals and organizations that it says sponsor ...
Thu, 08 Jan 2009 23:28:33 GMT

Red Cross: Israel delayed access to Gaza wounded
The international Red Cross accused Israel on Thursday of "unacceptable" delays in letting rescue workers reach three Gaza City homes hit by shelling where they eventually found 15 dead and 18 wounded, ...
Thu, 08 Jan 2009 23:28:21 GMT

Richmond Fed Publication Examines the Economics of Housing
But America's high homeownership rate has been driven in part by public policies that have likely led to costly distortions in the market.
Thu, 08 Jan 2009 23:18:22 GMT

FDA Adds More Diet Pills to Its Unsafe List
The FDA adds 41 more products to an alert about unsafe diet pills it issued last month, bringing the total to 69.

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