Livni: Israel's Only Alternative Was Attack

Israel's foreign minister said Monday that the Jewish state had "no alternative" but to launch a series of attacks in Gaza.

Read more Israel's Only Alternative Was Attack


Source: world news

Israel in 'all-out war' with Hamas

Palestinian medical sources say at least 345 Gazans have been killed and another 1,450 wounded in three consecutive days of Israeli bombardment in the heavily-populated territory...

Read more Israel in 'all-out war'

Source: al jazeera

Gaza braces for all-out war

Palestinian officials said several children are among the casualties while United Nations officials in New York said nine of its staff had been killed in the attacks...

Read more All-out war


Source: al jazeera

Satellites unearthing ancient Egyptian ruins

Archaeologists believe they have unearthed only a small fraction of Egypt's ancient ruins, but they're making new discoveries with help from high-tech allies…

Read more Satellites unearthing Egyptian ruins


Source: world news

Olmert issues "last-minute" warning to Hamas

His comments were the clearest indication yet that Israel was preparing a possible Gaza offensive which could result in heavy casualties on both sides and fuel a humanitarian crisis.....

Read more "last-minute" warning to Hamas


Source: thestaronline

Home prices may rise on mortgage refinancing boom

"It is quite likely that the country is about to enter a new mortgage refinance boom," the Ladenburg Thalmann analyst wrote in a note to clients…

Read more New refinancing boom


Source: yahoo finance

100 million Americans breathe dirty soot

The EPA added 15 cities to the sooty air list, mostly in states not usually thought of as pollution-prone, such as Alaska, Utah, Idaho and Wisconsin. That's probably because of the prevalence of wood stoves in western and northern regions, a top EPA official said….

Read more 100 million Americans breathe sooty air

Source: ap

Japan see’s car exports drop sharply

Toyota said it still expected to make a profit on a net level for the year ended March but has cut its forecast sharply to 50bn yen, down from a previous estimate of 550bn yen….

Read more Toyota braced for historic loss

Source: bbc news

Motor City's Big Problems

Among the worried is 81-year-old Warlena McDuell, a retired surgical technician who shares a home with her cancer-stricken daughter. On a recent weekday, she was among hundreds of Detroiters, most of them elderly, filling orange-plastic grocery carts at a food bank run by Focus:HOPE, a local nonprofit…

Read more Detroit’s woes extend beyond auto industry

Source: AP

Obama fills economy team. But, “Years to recover..”

He noted his speed in putting his full economic team in place, saying he had done so at an earlier point than previous presidents because of the magnitude of the troubles the country faces…

Read more “Years to recover”…


Source: ap

Gaza truce with Israel is over: Hamas

Hamas said it is ending its six-month truce with Israel on Friday and will respond to any attack on the impoverished and besieged Palestinian territory.

Hamas has also ruled out any extension of the Egyptian-mediated ceasefire, which began on June 19 but has seen repeated violations in recent days, with Israel launching air strikes in response to rocket and mortar attacks…

Read more truce with Israel over: Hamas


Source: khalee times

Brown confirms Bristish troop withdrawal from Iraq

Prime Minister Gordon Brown announced the end of Britain's involvement in the Iraq war on Wednesday, saying almost all its troops would be out by the end of July next year…

Read more Bristish troop will withdraw from Iraq


Source: international herald tribune

Latin America summit excludes U.S. and welcomes Cuba

The presence of Cuban President Raul Castro at the meeting in northeastern Brazil was touted as a sign of Latin America's growing independence from the United States, a far cry from the Cold War era when Cuba was expelled from the Washington-based Organisation of American States...

Read more America summit excludes U.S.


Source: reuters uk

Fed Cuts Interest Rate Near Zero

The new strategy is likely to involve unusually close co-operation with the Treasury of President-elect Barack Obama, which is still formulating its economic-rescue plans. The aim is to kick-start borrowing and spending to propel the economy toward a recovery by the middle of next year....

Read more US cuts interest rates


Source: economic times

Obama considers $1 trillion plan to jolt economy

Obama has not settled on a grand total, but after consulting with outside economists of all political stripes, his advisers appear determined to make the stimulus bigger than the $600 billion they initially envisioned, aides said Wednesday....

Read more Obama considers $1 trillion plan



Source: economic times

Jewish leaders fear anti-Semitic backlash

Bernard Madoff's alleged $50bn financial fraud reverberated in Israel yesterday, with concern being voiced by some about a possible antisemitic backlash...

Read more Jewish leaders fear backlash


Source: the independent world

Arabs hail shoe-hurling journalist

Images of Bush ducking the fast-flying shoes at a Baghdad press conference, aired repeatedly on Arab satellite TV networks, were cathartic for many in the Middle East, who have for years felt their own leaders kowtow to the American president.

Read more Arabs hail shoe-hurling journalist


Source: international herald tribune

Bush arrives in Afghanistan

Moving from one war zone to another, Mr Bush flew secretly from Baghdad to Kabul, landing under cover of darkness for talks with Mr Karzai and meetings with US troops spearheading the fight against a resurgent Taliban...

Read more Bush arrives in Afghanistan for talks


Source: irish times

Obama had warned his staff

President-elect Barack Obama warned his staff that he would fire anyone who dragged his presidency into a corruption controversy weeks before the Illinois scandal broke...

Read more Obama warned staff


Source: gulf news

Inside Wall Street's $50 Billion Scam

As investors from Palm Beach to New York to London counted their losses on Friday in what Madoff himself described as a $50 billion fraud, federal authorities took control of what remained of his firm and began to pore over its books...

Read more How Bernard Madoff worked his magic..


Source: international herald tribune

Germany attacks 'depressing' UK economic rescue

Germany has lambasted Gordon Brown’s response to the economic crisis as “crass” and “depressing” in an astonishing attack as EU leaders prepare to debate how to recover from the recession in Brussels today.

Peer Steinbruck, the social democrat German finance minister, warned that it would take Britain a generation to pay for the huge financial stimulus introduced by the government in its attempt to kick-start the economy...

Read more Germany attacks 'depressing' UK


Source: times online

Twenty terrorists still at large, say Mumbai police

POLICE in Mumbai said the 10 men who carried out the terrorist attacks in November were among 30 recruits selected for suicide missions. The whereabouts of the other 20 were unknown.

Police released the identities and home addresses in Pakistan of the nine gunmen who died during the attack on India's financial centre...-

Read more Twenty terrorists still at large


Source: canberra times

The End of Bush's Crusader Capitalism

Centuries before Adam Smith (the father of Capitalism) wrote in The Wealth of Nations that "progress results when individuals and businesses follow their own self-interests" and when "consumers compete with each other," the Christian crusaders of the Middle Ages were already pursuing such values....

Read more The End of Bush's Crusade


Source: world news

Three dead as US jet crashes into San Diego homes

Three people are dead and a fourth is missing after a US FA-18 fighter jet slammed into a densely populated residential neighbourhood in California on Monday, officials said.

Police spokeswoman Monica Munoz said a medical examiner was going through destroyed homes to determine whether there were more victims...

Read more Three dead as US jet crashes


Source: smh.com.au

Economy to get worse before it improves: Obama

Obama also said in an interview broadcast on Sunday that the survival of the domestic car-making capacity is important, yet any bailout must be "conditioned on an auto industry emerging at the end of the process that actually works."..

Read more Economy to get worse


Source: the times of india

War 'unlikely' despite rhetoric between Indian, Pakistan

Hostility between India and Pakistan is at its worst in years, but tensions stemming from last week's terrorist attacks in Mumbai, India, are unlikely to bloom into full-blown war between the nuclear-armed rivals - at least for now, according to analysts on both sides of the border..

Read more War 'unlikely' despite rhetoric between Indian, Pakistan


Source: gulf news

O.J. Simpson Sentenced In Las Vegas

U.S. had substantive nuclear talks with North Korea

Top U.S. nuclear diplomat Christopher Hill said he had substantive talks with his North Korean counterpart on Thursday, but wants to ensure broader six-party talks next week zero in on the specifics of a deal....

Read more U.S. had substantive talks with North Korea


Source: international herald tribune

UPDATE: Bombs found at Mumbai train station

Indian police on Wednesday discovered and defused explosives at Mumbai's main railway station, left by militants who struck the city last week.

"This is part of the same consignment which the terrorists had brought on Wednesday night when they were attacking and running helter-skelter, some of the material had been left behind," anti-terrorism chief K.P. Raghuvashi said...

Read more Bombs found at Mumbai train station


Source: smh.com.au

Wall Street rebounds sharply after big drop

Investors wary about the economy drew solace from Ford Motor Co. Chief Executive Alan Mulally, who said the automaker has enough cash to make it through 2009 and might not need government help. Rival General Motors Corp. said late in the day that it needs $12 billion in government loans to continue operating; the news briefly shook the market, but stocks rebounded before the close....

Read more Wall Street rebounds


Source: the times of india

U.S.' Hill to meet N.Koreans this week

U.S. Assistant Secretary of State Chris Hill will meet North Korean officials in Singapore ahead of Dec. 8 multilateral talks in Beijing on persuading North Korea to abandon its nuclear programs, a U.S. official said on Monday...

Read more Hill to meet N.Koreans


Source: the star online