Politics Sep 17 Livni Narrowly Wins Israeli Election, Eyes Coalition Government Israeli Foreign Minister Tzipi Livni edged out opponent Defense Minister Shaul Mofaz Wednesday night in a surprisingly tight race to replace Prime Minister Ehud Olmert as the head of the governing party.
Economy Sep 17 Stocks Plunge Despite Fed’s $85B Bailout of AIG Even though the U.S. government threw an $85 billion lifeline to troubled insurer American International Group, Inc. Tuesday, U.S. stocks took another beating Wednesday led by plummeting shares of investment banks Morgan Stanley and Goldman Sachs.
Politics Sep 17 Israel’s Top Party Voting on Olmert Replacement Israel's governing party, Kadima, is voting on a new leader Wednesday with polls indicating that the country's foreign minister, Tzipi Livni, will be the likely winner.
World Sep 17 Attack on U.S. Embassy in Yemen Leaves 16 Dead Militants attacked the U.S. embassy in Yemen Wednesday, assaulting the structure with automatic weapons, rocket-propelled grenades and at least one suicide car bomb. Officials said the attack killed at least 16 people, including six assailants.
Arts Sep 16 Tribe Divided Over Providing Water to Illegal Migrants Crossing Indian Land On Aug. 31, Tohono O'odham tribal members Mike Wilson and David Garcia were ordered by tribal official Veronica Harvey to take down water stations for migrants passing through Tohono O'odham reservation on the Arizona-Mexico border.
Politics Sep 16 Mullen Visits Pakistan to Ease Tensions Over Raids Top U.S. military officer Adm. Mike Mullen went to Pakistan Tuesday to discuss concerns over Islamabad's efforts to combat militant fighters and to address rising tensions over reports that U.S. forces have engaged in unauthorized raids there.
Economy Sep 16 Fed Rejects Rate Cut, Global Markets Retreat amid Wall Street Turmoil The Federal Reserve Tuesday announced it will not lower a key interest rate below 2 percent despite Wall Street's major troubles and a drop in global markets.
Economy Sep 15 Lehman Brothers Files for Bankruptcy, Merrill Lynch Sells to Bank of America After a frantic weekend that shook Wall Street to the core, Lehman Brothers filed for bankruptcy Monday under the weight of $60 billion in bad real estate holdings and Bank of America moved to buy Merrill Lynch in a $50…
Politics Sep 15 Hurricane Ike Wreaks Havoc on Gulf Coast, Leaves Parts of Midwest Without Power Thousands of residents in and around the Gulf Coast were left stranded after Hurricane Ike destroyed homes and businesses Saturday and Sunday, while the Associated Press reported the hurricane killed 30 people across eight states.
Politics Sep 15 Mugabe Agrees to Share Power Under New Zimbabwe Deal Zimbabwe's political rivals signed a landmark power-sharing agreement Monday that shows President Robert Mugabe of the ZANU-PF party loosening his grip on the economically ravaged country for the first time in nearly three decades.