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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 17:32:15 -0500

Citi backs Senate mortgage bankruptcy reform: senators
WASHINGTON (Reuters) - Financial giant Citigroup Inc has agreed to support a controversial rewrite of U.S. bankruptcy law aimed at helping troubled mortgage borrowers avoid foreclosure, lawmakers said on Thursday.

Thu, 08 Jan 2009 17:31:26 -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 17:24:06 -0500

Wal-Mart and other retailers warn after weak December
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.

Thu, 08 Jan 2009 17:26:48 -0500

Madoff had $173 million in checks ready, U.S. says
NEW YORK (Reuters) - Accused swindler Bernard Madoff had signed checks totaling more than $173 million in his office desk ready to be sent out before his arrest, U.S. prosecutors said in court papers on Thursday asking a judge to jail him.

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Thu, 08 Jan 2009 12:38:00 GMT

Stocks in Europe, Asia Decline on Earnings Concern; BHP Drops - Bloomberg
Jan. 8 (Bloomberg) -- Stocks in Europe and Asia dropped, sending the MSCI World Index lower for a second day, on concern the deepening economic slump will wipe out earnings growth and curb demand for commodities. U.S. index futures declined. BHP ...
Thu, 08 Jan 2009 20:16:00 GMT

Gazprom Ready to Resume Gas Shipments Through Ukraine (Update2) - Bloomberg
Jan. 8 (Bloomberg) -- OAO Gazprom , Russia’s natural-gas exporter, will resume fuel shipments to Europe through Ukraine as soon as international monitors are deployed, Chief Executive Officer Alexei Miller said. Ten EU companies agreed to join a ...
Thu, 08 Jan 2009 16:13:00 GMT

Fewer visitors to China last year despite Olympics - Reading Eagle
BEIJING - The number of travelers to China dropped by 2 million in 2008 in what was supposed to be a banner year for tourism but became one dampened by Olympics-related security measures and the global economic crunch. It was the first decline in ...
Thu, 08 Jan 2009 20:16:00 GMT

Batman movie, Slumdog Millionaire among Directors guild nominees - CBC News
Actor Heath Ledger, playing the Joker, and Christian Bale, in Batman gear, are among the stars in The Dark Knight, which has been nominated for a Directors Guild of America award. (Stephen Vaughan/Warner Bros./Associated Press) Director Christopher ...
Wed, 07 Jan 2009 16:00:00 GMT

Time Warner, Intel, Alcoa Fall - Wall Street Journal
A round of corporate warnings and cutbacks pushed stocks of Time Warner, Intel and Alcoa lower Wednesday in a broad market retreat. The Dow Jones Industrial Average recently fell 183.35 points, or 2%, to 8831.75. The S&P 500 lost 21.02, or 2.3%, to ...

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Thu, 08 Jan 2009 22:59:05 GMT

Filmmaker challenges notion of Jewish passivity
In the gripping World War II drama 'Defiance,' the Jews fight back. That's all you need to know about Edward Zwick's saga of survival and community in the woods of Eastern Europe.
Thu, 08 Jan 2009 22:58:50 GMT

New film on resistance fighters mirrors local family's ordeal
On the big screen, people trudge through a snowy forest carrying a sack of potatoes that will feed many more mouths than its size intends.
Thu, 08 Jan 2009 22:58:30 GMT

Israeli E.U. ties stronger than ever - despite split on cease-fire
Despite public disagreements over the need for an immediate cease-fire, Israeli and European officials appear to be forging improved relations on several fronts.
Thu, 08 Jan 2009 22:57:32 GMT

Indian shampoo passes initial test for dioxin
The shampoo was voluntarily withdrawn by retailers across Qatar on January 4, following a report by Gulf Times, based on a public advisory posted by the Saudi Food and Drug Authority last Friday saying it had ...
Thu, 08 Jan 2009 22:57:03 GMT

The Workin' MomThey?re not my kids, so it's cute
A I would crap if this story involved my kids, but since it doesn't, I think it's adorable ! The BBC is reporting that two German children - ages 5 and 6 - have been stopped by police from eloping to Africa.

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"EUROPE" in the News

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