Tuesday 07th of October 2008
Babblefish World News

U.S. says Afghan war comments "defeatist"
KABUL (Reuters) - Britain's military commander and ambassador in Afghanistan are being "defeatist" by thinking the war cannot be won, U.S. Defense Secretary Robert Gates said, as Washington seeks more troops for the conflict that started exactly seven years ago.


U.S. says Afghan war comments "defeatist" (Reuters)

Women in burqas walk behind a German Bundeswehr army gunner of the International Security Assistance Force (ISAF) staying atop of his 'Fuchs' armoured personel carrier during a mission in Taloqan, west of Kunduz, October 5, 2008. (Fabrizio Bensch/Reuters)Reuters - Britain's military commander and ambassador in Afghanistan are being "defeatist" by thinking the war cannot be won, U.S. Defense Secretary Robert Gates said, as Washington seeks more troops for the conflict that started exactly seven years ago.



Russia and Iceland move to stem banking crisis (Reuters)

A trader talks on the phone in front of monitors on the trading floor of Daiwa Securities SMBC Co. in Tokyo October 7, 2008. (Yuriko Nakao/Reuters)Reuters - Iceland sought an emergency bailout from Russia on Tuesday and the Russians unveiled an aid package for their own banks in the latest piecemeal responses to the global financial crisis.



Russia and Iceland move to stem banking crisis
REYKJAVIK/LONDON (Reuters) - Iceland sought an emergency bailout from Russia on Tuesday and the Russians unveiled an aid package for their own banks in the latest piecemeal responses to the global financial crisis.


Pressure grows on US to take bold steps on economy (AP)

Exterior view of Dutch Insurer Aegon's head  office in The Hague, Netherlands, Tuesday Oct. 7, 2008. Aegon shares were down 20 percent at €5.20 (US$7.06) in Amsterdam, Monday Oct. 6, 2008, compared with a 6 percent fall for the Netherlands AEX index of blue chips. ING, the Netherlands' only other financial share remaining after the nationalization of the Dutch operations of ABN Amro and Fortis, was down 10 percent. Aegon's stock suffered disproportionately last week as well, after an offhand remark by U.S. Senate Majority Leader Harry Reid. Arguing in favor of the U.S. government's US$700 billion financial bailout plan, Reid said a 'well-known' insurer's solvency could be threatened if financial markets remained volatile. (AP Photo/Peter Dejong)AP - With panic tightening its grip on investors here and abroad, pressure was growing on the United States Tuesday to take further aggressive steps to stem the economic crisis and swiftly implement a $700 billion financial bailout.



Wall Street looks to recover after global rout (AP)

Traders work on the New York Stock Exchange floor, Monday Oct. 6, 2008. Wall Street tumbled again Monday, joining a sell-off around the world as fears grew that the financial crisis will cascade through economies globally despite bailout efforts by the U.S. and other governments. (AP Photo/Richard Drew)AP - Wall Street looked to recover Tuesday from a huge sell-off the previous session, with investors hopeful that central banks around the world will cut interest rates to help alleviate turmoil in the credit markets.



Two Japanese and American win physics Nobel
STOCKHOLM (Reuters) - Two Japanese scientists and a Tokyo-born American shared the 2008 Nobel Prize for physics for discoveries in sub-atomic particles, the prize committee said on Tuesday.


Two Japanese and American win physics Nobel (Reuters)

Tokyo-born American citizen Yoichiro Nambu of the University of Chicago gives a phone interview in his Chicago home October 7, 2008. (John Gress/Reuters)Reuters - Two Japanese scientists and a Tokyo-born American shared the 2008 Nobel Prize for physics for discoveries in sub-atomic particles, the prize committee said on Tuesday.



Australia rate cut stuns, markets thirst for more
SYDNEY/TOKYO (Reuters) - Australia stunned markets with its steepest interest cut in 16 years Tuesday and investors expected that other central banks would follow suit in a coordinated move to combat the global credit crisis.


Insurance giant AIG's role in market crisis probed (AP)

Speaker of the House, Rep. Nancy Pelosi, D-Calif., far right, speaks with reporters as she announces the passing of the financial rescue package, Friday, Oct. 3, 2008 in Washington. Standing with Pelosi are, from left to right, Rep. Barney Frank, D-Mass., Rep. Steny Hoyer, D-Md., Rep. James E. Clyburn, D-S.C.., and Rep. Rahm Emanuel, D-Ill. (AP Photo/Pablo Martinez Monsivais)AP - The government's rescue of American International Group Inc. last month is getting a critical eye from lawmakers examining the chain of events that forced a $700 billion bailout of the financial industry.



Stevens unplugged: a defiant, salty health nut (AP)

Sen. Ted Stevens, R-Alaska, leaves the U.S. District Court in Washington Monday Oct. 6, 2008, after another day on trial. Prosecutors played secretly recorded tapes for first time Monday at the senator's corruption trial. (AP Photo/Jose Luis Magana)AP - Even when he thought no one was listening but his old friend Bill Allen, Sen. Ted Stevens repeatedly proclaimed his innocence in an Alaskan corruption investigation in between lectures on staying healthy and keeping out of prison on obstruction of justice charges.



3 win Nobel for subatomic physics research (AP)

Two Japanese citizens, Makoto Kobayashi, left, and Toshihide Masukawa, center, and a Japanese-born American Yoichiro Nambu, shown in these undated photos, won the 2008 Nobel Prize in physics for discoveries in the world of subatomic physics, the Royal Swedish Academy of Sciences announced Tuesday, Oct. 7, 2008. American Nambu, 87, of the University of Chicago, won half of the prize for the discovery of a mechanism called spontaneous broken symmetry in subatomic physics. Kobayashi and Maskawa of Japan shared the other half of the prize for discovering the origin of the broken symmetry that predicts the existence of at least three families of quarks in nature. (AP Photo/Kyodo News)AP - Two Japanese citizens and a Japanese-born American won the 2008 Nobel Prize in physics for discoveries in the world of subatomic physics, the Royal Swedish Academy of Sciences announced Tuesday.



Tonight's debate is in McCain's favorite style (AP)

Republican presidential nominee Senator John McCain (R-AZ) (L) and Democratic presidential nominee Senator Barack Obama (D-IL) stand together onstage after the first U.S. presidential debate in Oxford, Mississippi, September 26, 2008.   REUTERS/Jim BourgAP - Tuesday night's presidential debate offers Republican John McCain one of his last best chances to stop Democrat Barack Obama's recent surge in the race and turn it in his favor.



Fan use linked to lower risk of sudden baby death (AP)
AP - Using a fan to circulate air seemed to lower the risk of sudden infant death syndrome in a study of nearly 500 babies, researchers reported Monday. Placing babies on their backs to sleep is the best advice for preventing SIDS, a still mysterious cause of death.
Kenya detains U.S. author of critical Obama book
NAIROBI (Reuters) - Kenyan immigration authorities have arrested and plan to deport the U.S. author of a critical book about presidential candidate Barack Obama before a launch in Nairobi, witnesses and local media said Tuesday.


Misty May-Treanor out of 'Dancing with the Stars' (AP)

In this image released by ABC, Misty May-Treanor and her partner Maksim Chmerkovskiy perform Monday, Sept. 29, 2008 on 'Dancing With The Stars,'  in Los Angeles. (AP Photo/ABC, Kelsey McNeal)AP - Misty May-Treanor is too hurt to keep dancing. The 31-year-old "Dancing with the Stars" contestant and Olympic gold medalist volleyball player appeared at the conclusion of Monday's show on crutches and with a cast on her left leg to announce that she's out of the popular ABC dancing competition after injuring herself while rehearsing Friday.



Australia rate cut stuns, markets thirst for more (Reuters)

Two men walk past the Reserve Bank of Australia in Sydney October 7, 2008, moments after it announced a cut in official interest rates. (Tim Wimborne/Reuters)Reuters - Australia stunned markets with its steepest interest cut in 16 years Tuesday and investors expected that other central banks would follow suit in a coordinated move to combat the global credit crisis.



Red Sox and Rays advance to AL Championship Series (AP)

Boston Red Sox's Jed Lowrie celebrates his game-winning hit against the Los Angeles Angels as he runs to first base during the ninth inning of Game 4 of baseball's American League division series in Boston, Monday, Oct. 6, 2008. The Red Sox won 3-2 to advance to the AL championship series against the Tampa Bay Rays. (AP Photo/Charles Krupa)AP - The American League Championship Series will be an all-East Division affair. The Boston Red Sox and Tampa Bay Rays closed out their respective division series in four games Monday and will square off beginning Friday in St. Petersburg. The National League Championship Series between the Philadelphia Phillies and the Los Angeles Dodgers starts Thursday in Philadelphia.



World stocks markets steady despite bank woes (AFP)

A stock trader looks at his screens at Frankfurt's stock exchange on October 6. World stock markets stabilised despite further banking woes across Europe, as Asia pulled back from the brink on hopes of cuts to global interest rates.(AFP/DDP/Martin Oeser)AFP - World stock markets stabilised Tuesday despite a tumbling banking sector across Europe, as Asia pulled back from the brink on the prospect of cuts to global interest rates, dealers said.



UK banks in government funding talks as crisis grips (Reuters)

A man walks past a Royal Bank of Scotland (RBS) advertisement in Singapore, October 6, 2008. (Alywin Chew/Reuters)Reuters - Britain and its banks will hold more urgent talks over a possible multi-billion pound injection of public money into the sector over coming days, an industry source said as the financial crisis tightened its grip.



UK banks in government funding talks as crisis grips
LONDON (Reuters) - Britain and its banks will hold more urgent talks over a possible multi-billion pound injection of public money into the sector over coming days, an industry source said as the financial crisis tightened its grip.


South Korea dismisses North's nuclear "ultimatum"
SEOUL (Reuters) - South Korea's foreign minister played down on Tuesday the notion that North Korea delivered an ultimatum when it held talks last week with a visiting U.S. envoy who was trying to save a floundering nuclear disarmament deal.


South Korea dismisses North's nuclear "ultimatum" (Reuters)

North Korean soldiers look south at the truce village of Panmunjom, north of Seoul, September 17, 2008. (Jo Yong-Hak/Reuters)Reuters - South Korea's foreign minister played down on Tuesday the notion that North Korea delivered an ultimatum when it held talks last week with a visiting U.S. envoy who was trying to save a floundering nuclear disarmament deal.



Palin warns Florida voters of "rough" campaigning
CLEARWATER, Florida (Reuters) - Republican vice presidential nominee Sarah Palin told Florida's voters on Monday to expect "rough" campaigning as she seeks to halt a slide in opinion polls in a state that could make or break Sen. John McCain's White House bid.


Palin warns Florida voters of "rough" campaigning (Reuters)

Republican vice presidential nominee Alaska Governor Sarah Palin speaks during the vice presidential debate at Washington University in St. Louis, Missouri October 2, 2008. (Jim Young/Reuters)Reuters - Republican vice presidential nominee Sarah Palin told Florida's voters on Monday to expect "rough" campaigning as she seeks to halt a slide in opinion polls in a state that could make or break Sen. John McCain's White House bid.



U.S. official says online drug videos threaten teens
LOS ANGELES (Reuters) - The director of the White House war on drugs said on Monday that Internet videos that show people getting high pose a dangerous threat to teenagers by encouraging them to use drugs and alcohol.


Obama has 3-point national lead on McCain (Reuters)

Democratic presidential nominee Senator Barack Obama greets diners at the 12 Bones Smokehouse barbeque restaurant in Asheville, North Carolina, October 6, 2008. (Jason Reed/Reuters)Reuters - Democrat Barack Obama has a narrow 3-point lead in the U.S. presidential race on Republican John McCain less than a month before the election, according to a Reuters/C-SPAN/Zogby poll released on Tuesday.



Obama has 3-point national lead on McCain
NASHVILLE, Tennessee (Reuters) - Democrat Barack Obama has a narrow 3-point lead in the U.S. presidential race on Republican John McCain less than a month before the election, according to a Reuters/C-SPAN/Zogby poll released on Tuesday.


Attacks get personal ahead of second US presidential debate (AFP)

A technician makes final preparations on the stage where Democratic presidential candidate Barack Obama and Republican presidential candidate John McCain will debate in Nashville, Tennessee. John McCain Monday accused White House rival Barack Obama of obfuscating his past and offering no track record to point a way out of America's deepening economic crisis.(AFP/Paul J. Richards)AFP - Republican John McCain questioned Barack Obama's character, and the Democrat pressed his foe's alleged weakness on economic issues, as tempers escalated ahead of Tuesday's presidential debate.



Penguins ride air force jet to South Atlantic (AP)

In this photo released Monday, Oct. 6, 2008 by International Fund for Animal Welfare, penguins are released by  environmentalists at the Cassino Beach, state of Rio Grande do Sul, Brazil, Saturday, Oct. 4, 2008. More than 370 frigid water penguins that mysteriously stranded in the warm waters of northeastern Brazil have been released into the ocean, environmentalists said. (AP Photo/International Fund for Animal Welfare)AP - More than 370 penguins that mysteriously washed up on Brazil's equatorial beaches were flown south on a huge air force cargo plane and released closer to the frigid waters they call home, animal advocates said Monday.



 

 



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