Saturday, March 15, 2008

Dozens Reported Killed In Tibetan Protests

Date: Sat, 15 Mar 2008 16:00:02 -0400
Dozens Reported Killed In Tibetan Protests

Dozens have been reported killed or injured, and many others arrested,
as police cracked down on demonstrations for a free Tibet. Chinese
authorities said protestors who do not surrender by Tuesday will be
"sternly punished." 

Friday, March 14, 2008

Breaking News: House narrowly passes surveillance bill

Date: Fri, 14 Mar 2008 13:16:45 -0500

WASHINGTON (AP) - The House has narrowly passed a Democratic
surveillance bill that denies legal immunity to telecommunications
companies.

Market Friday, 03/14/2008

Date: Fri, 14 Mar 2008 17:31:04 -0400

| Dow : 11951.09 down 194.65

| S & P : 1288.14 down 27.34

| NASDAQ: 2212.49 down 51.12

| Bond (10Y): 3.44%, 100.44

MARKETS:
Stocks tumble on Bear scare
Wall Street tanks - but manages to close off its lows - as investors
worry about Bear Stearns' liquidity, record oil, gas and gold prices and
the weak dollar.

U.S. stocks plunge on Bear Stearns bailout; wipe out week's gains

Date: Fri, 14 Mar 2008 21:06:03 (GMT)
U.S. stocks plunge on Bear Stearns bailout; wipe out week's gains

U.S. stocks are hammered for a third session this week after Bear
Stearns Cos. says it is in need of a bailout from the Federal Reserve
and J.P. Morgan Chase, with shares of the investment bank plunging 55%.

Bear Stearns goes on life support as trading crisis turns dire

Bear Stearns Cos. says it got short-term financing from J.P. Morgan and
the Federal Reserve as its liquidity has "significantly
deteriorated" during the past 24 hours.

Financial Stocks: Bear Stearns almost halved, drags sector lower

Investors hammer financial stocks, highlighted by Bear Stearns losing
more than half its value amid bailout news.

Optimistic Bush says economy will bounce back

President tells New York Economic Club the U.S. economy will emerge from
its current problems "better and stronger than ever."

Economic Report: Consumer inflation moderates in February on energy's
drop

Led by a quirky decline in energy costs, U.S. consumer inflation
moderated in February, opening the door for the Federal Reserve to keep
cutting interest rates to support flagging economic growth. The consumer
price index was flat in February, the Labor Department said Friday. Wall
Street economists had expected a 0.2% increase. In addition, core prices
-- which exclude volatile food and energy costs -- were also unchanged,
below the 0.2% gain in retail-level inflation that economists surveyed
by MarketWatch had been looking for. This was the lowest core rate since
November 2006.

The Dow manages to cut losses, ending 180 points lower, after Bear Stearns is rescued by a Fed-backed emergency loan.

Date: Fri, 14 Mar 2008 16:03:09 -0400

The Dow manages to cut losses, ending 180 points lower, after Bear
Stearns is rescued by a Fed-backed emergency loan.

Dow drops 300 points, then recovers slightly, as worries about Bear Stearns, record oil, gas and gold prices batter stocks.

Date: Fri, 14 Mar 2008 14:39:02 -0400

Dow drops 300 points, then recovers slightly, as worries about Bear
Stearns, record oil, gas and gold prices batter stocks.

OPINION

Date: 14 Mar 2008 16:44:19 -0000
中國應該如何面對西藏人的要求?

In 網上互動

您如何看北京奧運年西藏人進行的大規模抗議活動?中國政府和中國人應該如何對待西藏人的訴求?
More...go to

http://www.bloglines.com/blog/johnDispatch

Fed chief Bernanke, citing substantial rise in foreclosures, says central bank is 'strongly committed' to easing housing crisis.

Date: Fri, 14 Mar 2008 13:02:07 -0400

Fed chief Bernanke, citing substantial rise in foreclosures, says
central bank is 'strongly committed' to easing housing crisis.

President Bush, saying economy is facing 'tough times,' calls on Congress to move on bills to help imperiled homeowners.

Date: Fri, 14 Mar 2008 11:42:03 -0400

President Bush, saying economy is facing 'tough times,' calls on
Congress to move on bills to help imperiled homeowners.

Bear Stearns' Woes Drive Down Stocks

Breaking News
March 14, 2008
Bear Stearns' Woes Drive Down Stocks

Bear Stearns says its liquidity significantly deteriorated over the past
day and the temporary funding it will receive from JPMorgan Chase and
the Federal Reserve Bank of New York will help it continue operating
normally. 
--------------------
U.S.

As Land Entries Tighten, Migrants Try Sea

The migrants board rickety boats in the dark, taking orders from
inexperienced seamen. From sandy Mexican shores popular with weekend
tourists, they can see downtown San Diego's lights when the sky is
clear. 
--------------------
World

Low Turnout Seen In Iranian Election

Iranians have flocked to the polls to vote in a parliamentary election
seen more as a test of hard-line President Mahmoud Ahmadinejad's
popularity among the country's conservatives than a real opportunity for
change. 
--------------------
Politics

Clinton Woos Unaligned Lawmakers At Home

On Wednesday night, Hillary Clinton held a private reception for several
dozen members of Congress at her house in Washington, the Washington
Post reports. 
--------------------
Health

Tweens Favor Inhalants To Get High

A newly released federal government report points to an alarming trend -
preteens and young teenagers are using inhalants as a "gateway" drug to
other illicit drugs. 
--------------------
Business

Tougher Rules Urged For Mortgage Lenders

Treasury Secretary Henry Paulson said stronger regulatory oversight of
mortgage lenders is needed to avert a credit crisis. But Wall Street
found little solace in his comments: the Dow Jones industrials fell 200
points Thursday morning. 
--------------------
Opinion

Admiral Fallon For VP?

The abrupt resignation of Admiral Fallon could be a move calculated to
catapult him into the vice-presidential sweepstakes. A man unserious
about the Iranian threat would be perfect Democratic running mate, says
National Review Online. 

Bear Stearns' Woes Drive Down Stocks

Breaking News
March 14, 2008
Bear Stearns' Woes Drive Down Stocks

Bear Stearns says its liquidity significantly deteriorated over the past
day and the temporary funding it will receive from JPMorgan Chase and
the Federal Reserve Bank of New York will help it continue operating
normally. 
--------------------
U.S.

As Land Entries Tighten, Migrants Try Sea

The migrants board rickety boats in the dark, taking orders from
inexperienced seamen. From sandy Mexican shores popular with weekend
tourists, they can see downtown San Diego's lights when the sky is
clear. 
--------------------
World

Low Turnout Seen In Iranian Election

Iranians have flocked to the polls to vote in a parliamentary election
seen more as a test of hard-line President Mahmoud Ahmadinejad's
popularity among the country's conservatives than a real opportunity for
change. 
--------------------
Politics

Clinton Woos Unaligned Lawmakers At Home

On Wednesday night, Hillary Clinton held a private reception for several
dozen members of Congress at her house in Washington, the Washington
Post reports. 
--------------------
Health

Tweens Favor Inhalants To Get High

A newly released federal government report points to an alarming trend -
preteens and young teenagers are using inhalants as a "gateway" drug to
other illicit drugs. 
--------------------
Business

Tougher Rules Urged For Mortgage Lenders

Treasury Secretary Henry Paulson said stronger regulatory oversight of
mortgage lenders is needed to avert a credit crisis. But Wall Street
found little solace in his comments: the Dow Jones industrials fell 200
points Thursday morning. 
--------------------
Opinion

Admiral Fallon For VP?

The abrupt resignation of Admiral Fallon could be a move calculated to
catapult him into the vice-presidential sweepstakes. A man unserious
about the Iranian threat would be perfect Democratic running mate, says
National Review Online. 

U.S. consumer sentiment hits 16-year low

Date: 14 MAR 2008 14:11:16 GMT

U.S. consumer sentiment hits 16-year low
3/14/2008 10:06:21 AM

Gold prices surge to yet another record, hitting $1,007.30, as the dollar continues its plunge.

Date: Fri, 14 Mar 2008 10:20:11 -0400

Gold prices surge to yet another record, hitting $1,007.30, as the
dollar continues its plunge.

Consumer prices held steady in February, after an uptick last month.

Date: Fri, 14 Mar 2008 08:34:04 -0400

Consumer prices held steady in February, after an uptick last month.

Thursday, March 13, 2008

Market Briefing Newsletter for Thursday, 03/13/2008

Thursday, 3/13/2008

| Dow : 12145.74 up 35.50

| S & P : 1315.48 up 6.71

| NASDAQ: 2263.61 up 19.74

| Bond (10Y): 3.52%, 99.75

MARKETS:
Stocks stage comeback
Wall Street manages gains, with technology, healthcare and financials
leading a comeback at the end of a tough session.

Stocks rally back on hopes write-downs are nearly over

Date: Thu, 13 Mar 2008 21:01:06 (GMT)

Stocks rally back on hopes write-downs are nearly over

U.S. stocks erase earlier losses to trade higher after Standard & Poor's
suggests that banks may be done with the bulk of write-downs linked to
bad home loans.

End of subprime mortgage write-downs in sight for big banks: S&P

SAN FRANCISCO
The end of subprime mortgage write-downs by big banks and brokers may be
in sight, says rating agency Standard & Poor's.

Paulson prescribes tough medicine for Wall Street

Treasury Secretary Henry Paulson prescribes some tough new medicine for
Wall Street to try to ensure that the current fever of market turmoil is
not repeated.

Metals Stocks: Gold futures soar to record above $1,000 an ounce

Gold futures briefly break the psychologically important level of $1,000
an ounce, propelled by ongoing dollar weakness and bleak news from the
financial sector.

Futures Movers: Crude futures hit new high of $111 a barrel

Crude-oil futures rise for a fourth day, closing above $110 a barrel and
hitting $111 earlier, after the greenback falls further against the euro
and yen, lifting prices of dollar-denominated commodities.

U.S. stocks recover from 235-point plunge to close higher

Date: 13 MAR 2008 20:09:27 GMT

U.S. stocks recover from 235-point plunge to close higher
3/13/2008 4:06:51 PM

Stocks end the session in positive territory, erasing early losses, as financial stocks recover. Energy and gold prices soar.

Date: Thu, 13 Mar 2008 16:03:07 -0400

Stocks end the session in positive territory, erasing early losses, as
financial stocks recover. Energy and gold prices soar.

Stocks stumble on financial, economic woes

Date: Thu, 13 Mar 2008 16:01:03 (GMT)
Stocks stumble on financial, economic woes

U.S. stocks fall on news a fund managed by the Carlyle Group is close to
collapse, while weak February retail sales data fuel concerns the
economy is already in recession.

Paulson prescribes tough medicine for Wall Street

Treasury Secretary Henry Paulson prescribes some tough new medicine for
Wall Street to try to ensure that the current fever of market turmoil is
not repeated.

Metals Stocks: Gold futures soar above $1,000 an ounce

Gold futures briefly break the psychologically important level of $1,000
an ounce, propelled by ongoing dollar weakness and bleak news from the
financial sector.

Carlyle Capital on verge of collapse as talks break down

Carlyle Capital, the bond fund affiliated with private equity firm The
Carlyle Group, is on the verge of collapse after failing to agree a new
financing deal with lenders.

Currencies: Dollar notches 12-year low against yen in broad-based
retreat

Renewed fears of financial turmoil send the U.S. dollar plunging against
the Japanese yen and other major currencies.

Oil prices surge, crossing record $111 a barrel.

Date: Thu, 13 Mar 2008 11:29:03 -0400

Oil prices surge, crossing record $111 a barrel.

Retail sales drop 0.6% in February, well below expectations and signaling major consumer pullback.

Date: Thu, 13 Mar 2008 08:35:09 -0400

Retail sales drop 0.6% in February, well below expectations and
signaling major consumer pullback.

Gold prices cross $1,000 for first time, as dollar sinks further.

Date: Thu, 13 Mar 2008 08:44:04 -0400

Gold prices cross $1,000 for first time, as dollar sinks further.

U.S. dollar falls below 100 Japanese yen for first time since 1995

Date: 13 MAR 2008 08:37:39 GMT

U.S. dollar falls below 100 Japanese yen for first time since 1995
3/13/2008 4:34:14 AM

Stock declines steepen as Treasury chief fails to reassure investors; key gauges down 1.8%

Date: 13 MAR 2008 14:55:57 GMT

Stock declines steepen as Treasury chief fails to reassure investors;
key gauges down 1.8%
3/13/2008 10:52:13 AM

Treasury Secretary Paulson, citing 'past excesses,' announces plan to overhaul regulation of financial institutions.

Date: Thu, 13 Mar 2008 09:36:03 -0400

Treasury Secretary Paulson, citing 'past excesses,' announces plan to
overhaul regulation of financial institutions.

Dow industrials fall 140 points in opening minutes Thursday

Date: 13 MAR 2008 13:36:11 GMT

Dow industrials fall 140 points in opening minutes Thursday
3/13/2008 9:32:51 AM

Wednesday, March 12, 2008

Markets Wednesday, 03/12/2008

Wednesday, 3/12/2008

| Dow : 12110.24 down 46.57

| S & P : 1308.77 down 11.88

| NASDAQ: 2243.87 down 11.89

|Bond (10Y): 3.47%, 100.22

MARKETS:
Stocks can't do 2 in a row
Wall Street abandons attempt to rise for the second session in a row as
record oil and gas prices knock out early enthusiasm.

U.S. stocks close lower as record high crude weighs

Date: Wed, 12 Mar 2008 21:06:03 (GMT)
U.S. stocks close lower as record high crude weighs

Stocks finish in negative territory, as a falling dollar and crude oil
topping $110 a barrel lead investors to rake in some profits from the
previous session's rally.

Futures Movers: Crude makes fresh gains to surpass $110 a barrel

Crude-oil futures end Wednesday's trading at a new closing high of
$109.92 a barrel after earlier topping $110 for the first time, as the
dollar fell to new lows and speculation increased in the futures
market.

Capitol Report: Unemployment benefits not reflecting today's reality

WASHINGTON
Too many out-of-work Americans are being left out of the unemployment
insurance program, the government's safey net which replaces a portion
of a worker's lost earnings, and critics say the program needs a
comprehensive overhaul to meet contemporary workforce needs.

David Weidner's Writing on the Wall: Commentary: Spitzer's bullying
scared his potential critics

NEW YORK
Wall Street knew what some of his most intimate friends didn't: At
times, Eliot Spitzer was a lying hypocrite.

Financial Stocks: Financials surrender earlier gains

Shares of Bear Stearns rise after the company's CEO Alan Schwartz
rejected speculation the firm was in dire straits.

Oil prices settle at $109.92, topping Tuesday's record $108.75, despite inventory report showing increase in supply.

Date: Wed, 12 Mar 2008 15:05:10 -0400

Oil prices settle at $109.92, topping Tuesday's record $108.75, despite
inventory report showing increase in supply.

Breaking News: N.Y. Governor Eliot Spitzer resigns

Date: Wed, 12 Mar 2008 10:50:02 -0500

NEW YORK (AP) - New York Gov. Eliot Spitzer resigned following intense
pressure to step down because of a prostitution scandal.

Bear shares gains as CEO says balance sheet strong

Date: Wed, 12 Mar 2008 16:01:06 (GMT)
Bear shares gains as CEO says balance sheet strong

Shares of Bear Stearns rise after the company's

CEO Alan Schwartz rejected speculation the firm was in dire straits.

Hedge Funds: Citigroup commits $1 bln to prop up internal muni bond
funds

SAN FRANCISCO
Citigroup Inc. is injecting $1 billion into two internal municipal bond
hedge funds that were hit hard by recent disruptions in fixed-income
markets, a spokesman for the giant bank said on Wednesday.

CEO says Freddie Mac sees U.S. home prices falling further

WASHINGTON
U.S. home prices have much further to fall, the chief executive of major
mortgage-buyer Freddie Mac said Wednesday.

Humana warns on profit, shares slide another 27%

Humana Inc. becomes the latest health insurer to issue a profit warning.
and with nearly matching losses from the previous session in which they
lost a quarter of their value.

Beef recall update: Meat company president to testify

Date: Wed, 12 Mar 2008 05:28:40 -0500
NEWS

Fallon resigns as Mideast military chief
---------------------------------------------
The Navy admiral in charge of the wars in Iraq and Afghanistan announced
Tuesday that he is resigning over press reports portraying him as
opposed to President Bush's Iran policy.

Calls for Spitzer's resignation grow
---------------------------------------------
New York Gov. Eliot Spitzer remained in seclusion Tuesday as calls grew
for him to resign amid allegations that he frequented a high-priced
call-girl ring.

Obama sprints to Miss. win
---------------------------------------------
Barack Obama handily defeated Hillary Rodham Clinton in Mississippi's
Democratic primary on Tuesday and captured the Deep South's last
presidential contest before the rivals' showdown in Pennsylvania next
month.

MONEY
Rate cuts pummel money market funds
---------------------------------------------
Low interest rates and high fees have driven yields on two small
broker-sold money market funds below 1% - and more funds will follow if
the Federal Reserve cuts rates again.

Crash-test report backs stronger roofs on SUVs
---------------------------------------------
A report to be released Wednesday by the Insurance Institute for Highway
Safety that suggests safety advocates and plaintiff's lawyers have been
correct all along: More than 200 deaths could have been prevented in
rollovers in 2006 if just a few more SUVs had roofs as strong as the
best one it tested.

Beef recall update: Meat company president to testify
---------------------------------------------
The president of Westland/Hallmark Meat, which last month launched the
largest meat recall in U.S. history, says the videotape that exposed
inhumane handling of cows at his facility did not include any that were
slaughtered and put into the U.S. food supply.

Breaking News: Top state official tells AP Spitzer will resign

Date: Wed, 12 Mar 2008 08:57:41 -0500

ALBANY, N.Y. (AP) - A top state official says New York Gov. Eliot
Spitzer will resign effective Monday after being linked to a
prostitution ring.

Tuesday, March 11, 2008

Breaking News: Obama wins Miss. primary, AP projects

Date: Tue, 11 Mar 2008 19:30:43 -0500

JACKSON, Miss. -- Sen. Barack Obama has won the Mississippi Democratic
primary, according to the Associated Press. Sen. John McCain, the
presumptive GOP nominee, won the Republican vote in the Magnolia State
based on AP projections.

Barack Obama wins the Mississippi Democratic primary

Date: Tue, 11 Mar 2008 20:02:08 -0400

Barack Obama wins the Mississippi Democratic primary, SINOAM projects.

News Alert! U.S. Central Command Chief Resigning Under Fire

Date: Tue, 11 Mar 2008 15:37:54 -0400

Adm. William Fallon, the top U.S. military commander for the Middle
East, is resigning, Defense Secretary Robert Gates said Tuesday. Fallon
was the subject of a recent magazine article that portrayed him as
opposed to President Bush's Iran policy.

Markets Tuesday, 03/11/2008

Tuesday, 3/11/2008

| Dow : 12156.81 up 416.66

| S & P : 1320.65 up 47.28

| NASDAQ: 2255.76 up 86.42

| Bond (10Y): 3.59%, 99.19

MARKETS:
Dow's best day in 5-1/2 years
Stocks surge with the Dow soaring 416 points as investors cheer reports
that the central bank is pumping an additional $200 billion into the
banking system.

Fed turns on the spigot of money again

Date: Tue, 11 Mar 2008 21:06:03 (GMT)
Fed turns on the spigot of money again

The Federal Reserve joins with other central banks to extend its
temporary lending program to provide more liquidity to global financial
markets.

The Technical Indicator: Will the Fed's action repair recent technical
damage?

CINCINNATI
The U.S. markets have rallied sharply, fueled by the Federal Reserve's
latest liquidity plan.

Financial Stocks: Fed plan sparks biggest gain in 6 weeks for bellwether
gauge

Financial-services stocks surge after the Federal Reserve says it will
inject more cash into the banking system to try to limit the damage from
the broadening credit crunch.

Crude closes at new high of $108.75

Date: 11 MAR 2008 18:59:31 GMT

Crude closes at new high of $108.75
3/11/2008 2:56:27 PM

Dow soars 300 points as markets cheer the Fed's move to pump $200 billion into the banking system.

Date: Tue, 11 Mar 2008 14:47:06 -0400

Dow soars 300 points as markets cheer the Fed's move to pump $200
billion into the banking system.

U.S. stocks advance, cheering Fed liquidity move

Date: Tue, 11 Mar 2008 16:01:03 (GMT)
U.S. stocks advance, cheering Fed liquidity move

U.S. stocks rally, reversing course after three sessions of declines, as
investors cheer the Federal Reserve's move to loan as much as $200
billion in securities in a bid to boost liquidity in the financial
system.

Financial Stocks: Thornburg leads financials rally after Fed action

Financial-services stocks surge after the Federal Reserve says it will
inject more cash into the banking system to try to limit the damage from
the broadening credit crunch.

The Fed: Fed turns on the spigot of money again

The Federal Reserve joins with other central banks Tuesday to extend its
temporary lending program to provide more liquidity to global financial
markets.

Google lands EU clearance for DoubleClick acquisition

Google obtains the approval of European regulators for the company's
pending acquisition of online advertising provider DoubleClick.

Economic Report: Trade gap widens slightly in January

The U.S. trade deficit widens slightly in January as strong exports are
offset by higher oil prices.

Federal Reserve unveils plan to lend $200 billion in Treasurys in an effort to 'promote liquidity' in financial markets.

Date: Tue, 11 Mar 2008 08:39:03 -0400

Federal Reserve unveils plan to lend $200 billion in Treasurys in an
effort to 'promote liquidity' in financial markets.

Monday, March 10, 2008

Opinion

Date: 10 Mar 2008 19:11:00 -0000
馬來西亞大選過後談政局改變

In 網上互動

馬來西亞大選塵埃落定,執政半個世紀的國民陣線僅僅慘勝,您如何看馬來西亞的新政局?
More...go to

http://www.bloglines.com/blog/johnDispatch

Markets Monday, 03/10/2008

Monday, 3/10/2008

| Dow : 11740.15 down 153.54

| S & P : 1273.37 down 20.00

| NASDAQ: 2169.34 down 43.15

| Bond (10Y): 3.45%, 100.38

MARKETS:
Stocks stumble on recession fears
Major indexes fall on signs of continuing deterioration in the financial
services sector. Oil hits record, closing near $108.

Spitzer apologizes to family, public; future uncertain

Date: Mon, 10 Mar 2008 21:06:03 (GMT)
Spitzer apologizes to family, public; future uncertain

New York Gov. Eliot Spitzer apologizes to the public and his family
after a newspaper reported that he arranged to meet with a high-priced
prostitute in a Washington, D.C. hotel, but the state's chief executive
did not disclose whether he would stay in office.

Gasoline lags crude spike, but $4-a-gallon prices look likely

Retail gasoline prices haven't kept pace with the historic rally in the
crude-oil futures market, but the cost of filling up the gas tank is
still on the rise despite the fuel being in plentiful supply
domestically.

Fitch to keep rating MBIA, says insurer requested info destroyed

MBIA Inc. expects $200 million in mark-to-market losses from its credit
derivative business and said Fitch Ratings' insurer-financial-strength
ratings can cause serious volatility in how the company is viewed in the
equity markets. MBIA's chief executive in a letter to shareholders
defended the bond insurer's decision to ask Fitch to withdraw its
ratings and also said the company has started to generate new business.

McDonald's February sales top expectations

Consumers, lured by cheap meals, inexpensive coffee and new breakfast
menu items, flocked to McDonald's last month.

Countrywide shares slide on FBI fraud-probe report
Shares of mortgage banker lose ground, undermined by a weekend report
that the FBI is investigating the possibility of securities fraud.

Report: Gov. Spitzer expected to resign...

Date: Mon, 10 Mar 2008 12:06:23 -0700 (PDT)
Report: Gov. Spitzer expected to resign...

JHB has learned Gov. Spitzer is expected to resign over his involvement
in a prostitution scandal.

Breaking News

Date: Mon, 10 Mar 2008 14:16:02 -0400

New York Times reports Gov. Eliot Spitzer admits involvement in a
prostitution ring.

Countrywide shares slide on FBI fraud-probe report

Date: Mon, 10 Mar 2008 16:01:03 (GMT)
Countrywide shares slide on FBI fraud-probe report

Shares of mortgage banker lose ground, undermined by a weekend report
that the FBI is investigating the possibility of securities fraud.

McDonald's February sales top expectations

SAN FRANCISCO
Consumers, lured by cheap meals, inexpensive coffee, and new breakfast
menu items, flocked to McDonald's last month.

Market Snapshot: U.S. stocks sputter as rate-cut talk loses traction

U.S. stocks lose ground for a third day as hopes dim that the Federal
Reserve might step in and cut interest rates before next week's meeting
in the aftermath of an employment report that fueled thinking the nation
is in a recession.

Economic Report: Wholesale sales jump 2.7% in January, most in nearly 4
years

Sales at U.S. wholesalers rise at the fastest pace in nearly four years
in January, helping them to work down their inventories, the Commerce
Department reports.

Economic worries curtail Europe, especially metals sector

Stocks in Europe fell for the eighth time in nine sessions on Monday, as
growing doubts about the health of the U.S. economy as well as credit
jitters again weighed on sentiment, especially in the metals sector.

Crude oil futures touch record high of $107 a barrel for first time ever.

Date: Mon, 10 Mar 2008 10:55:07 -0400

Crude oil futures touch record high of $107 a barrel for first time
ever.

Probe: Pharmaceuticals In Drinking Water

Breaking News
March 10, 2008
Probe: Pharmaceuticals In Drinking Water

A vast array of pharmaceuticals - including antibiotics,
anti-convulsants, mood stabilizers and sex hormones - have been found in
the drinking water supplies of at least 41 million Americans, an
Associated Press investigation shows. 
--------------------
U.S.

Senators Demand Audit Of Iraq Oil Revenue

The Democratic chairman and Republican former chairman of the Senate
Armed Services Committee have asked U.S. government auditors to
determine what Iraq is doing with the billions of dollars in oil revenue
it generates. 
--------------------
World

Socialist Leader Wins 2nd Term In Spain

Socialist Prime Minister Jose Luis Rodriguez Zapatero has won reelection
in a clear endorsement of a record of social change including the
legalization of gay marriage and on-demand divorce - once unthinkable in
overwhelmingly Roman Catholic Spain. 

Sunday, March 09, 2008

KBR Named In Report On Soldier Illnesses

Breaking News
March 9, 2008
KBR Named In Report On Soldier Illnesses

Dozens of U.S. troops in Iraq fell sick at bases using "unmonitored and
potentially unsafe" water supplied by the military and a contractor once
owned by Vice President Dick Cheney's former company, the Pentagon
said. 
--------------------
U.S.Senators Demand Audit Of Iraq Oil Revenue

The Democratic chairman and Republican former chairman of the Senate
Armed Services Committee have asked U.S. government auditors to
determine what Iraq is doing with the billions of dollars in oil revenue
it generates. 
World
___________________________
Anti-Musharraf Parties Agree To Coalition

Pakistan's election winners sealed an agreement Sunday to form a
coalition government and said parliament would restore judges ousted by
President Pervez Musharraf - further clouding the U.S.-allied leader's
political future.