A bad day for the GOP on politics, bailout plan (AP)
September 26, 2008 by Administrator · Leave a Comment
AP – Even for a party whose president suffers dismal approval ratings, whose legislative wing lost control of Congress and whose presidential nominee trails in the polls, it was a remarkably bad day for Republicans. Read more…
US wrangling and mutual collapse sparks new market fall (AFP)
September 26, 2008 by Administrator · Leave a Comment
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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Prospects for nuclear deal uncertain in Congress (AP)
September 26, 2008 by Administrator · Leave a Comment
AP – A landmark agreement on civilian nuclear cooperation between India and the U.S. has been a high priority for President Bush and the Indian government, but time is running out as lawmakers wrap up this year’s session to campaign for the November elections.
Lawmakers to tackle bailout plan again Friday (Reuters)
September 26, 2008 by Administrator · Leave a Comment
Reuters – Congressional leaders will try again on Friday to save a $700 billion Wall Street rescue plan after talks broke down in acrimony against the backdrop of the nation’s biggest-ever bank failure.
Stage is set but will U.S. debate go on? (Reuters)
September 25, 2008 by Administrator · Leave a Comment
Reuters – The stage is set, but it was unclear on Friday if Republican John McCain would show up to duel Democrat Barack Obama in the first of three debates that could help decide a tight White House race.
US Government takes over mortgage giants
September 8, 2008 by Administrator · 2 Comments
AP – The Bush administration’s seizure of troubled mortgage giants Fannie Mae and Freddie Mac is potentially a $200 billion bet that it will help reverse a prolonged housing and credit crisis. Read more…
China and Japan hail U.S. mortgage rescue as doubts linger
September 8, 2008 by Administrator · Leave a Comment
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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Convention off to rocky start amid hurricane
September 2, 2008 by Administrator · Leave a Comment
AP – Republicans set aside the agenda to focus on hurricane relief in the opening hours of their national convention, only to see the scaled-back program for Day One overshadowed by jarring disclosures about the family and work life of John McCain’s running mate, Sarah Palin. Read more…
McCain: Obama tried to legislate Iraqi failure
August 18, 2008 by Administrator · Leave a Comment
AP – John McCain told fellow veterans on Monday that his Democratic rival Barack Obama tried to legislate failure in Iraq and has refused to admit he erred when opposing the military increase there last year.
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McCain adviser got money from Georgia
August 13, 2008 by Administrator · Leave a Comment
AP – John McCain’s chief foreign policy adviser and his business partner lobbied the senator or his staff on 49 occasions in a 3 1/2-year span while being paid hundreds of thousands of dollars by the government of the former Soviet republic of Georgia.
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