Lesson to be learned from Mumbai terror attacks

By Congressman Ron Paul

Tragically, over the Thanksgiving holiday, the world was reminded how evil and cruel people can be. According to emerging accounts of the events in India, about a dozen well-armed and devastatingly well-trained terrorists laid siege on the city of Mumbai, killing almost two hundred people, and terrorizing thousands.

Regardless of the reasons, the indiscriminate shooting on masses of unarmed and defenseless people is chilling and reprehensible. How were these terrorists able to continue so long, relatively unchallenged, killing so many?
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EU, US Call For A Global Summit To Reshape Banking

By Aoife White, Associated Press

The Group of Eight major industrial nations announced Wednesday they will hold a global summit – perhaps as early as November in New York – to forge common action to prevent another economic meltdown.
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US wrangling and mutual collapse sparks new market fall (AFP)

AFP – Deadlocked talks on a bailout of the US financial system and the collapse of Washington Mutual bank sparked new falls on global markets Friday despite the injection of tens of billions of dollars by central banks.
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China and Japan hail U.S. mortgage rescue as doubts linger

Reuters – China and Japan, the biggest buyers of Freddie Mac and Fannie Mae bonds, praised Washington for its rescue of the ailing mortgage giants, but investors had no illusions the bailout would end the global credit market misery.
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Mugabe rewards Coventry for Olympic Gold

Who needs corporate sponsorships?
Why not Zimbabwean dollars (ZWDs)?…

By Nelson Banya

ZIMBABWE – President Robert Mugabe on Friday handed the country’s only Olympic medalist in Beijing a US$100,000 cash reward for her performance at the games.
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