Daily News Channel
As the economic tsunami continues to rage across the planet, the near universal refrain has been that joint action is needed to pull us out of the crisis. But when it comes to stimulus spending, the United States and Europe have taken different paths, jeopardizing hopes of a united front to combat the downturn. President Barack Obama this week urged the world’s top economies to adopt aggressive, American-sized spending programs.
In a land replete with martyrs and miscreants, Iraqis are divided over which label applies to Muntazer al-Zaidi. The once obscure television journalist who shot to fame for hurling his footwear at then President George W. Bush during a Baghdad press conference late last year was sentenced on Thursday to three years in prison after being found guilty of “assaulting a foreign leader on an official visit.” But despite the verdict of Baghdad’s Central Criminal Court, many ordinary Iraqis still hail the 30-year-old Shi’ite shoe thrower as a national hero
While the president has said states asked to deploy troops to the U.S. border with Mexico, the Pentagon has not received specific requests to do so, a Pentagon spokesman said Thursday.
Former Israeli President Moshe Katsav on Thursday accused the country’s authorities of "lynching" him, four days after the attorney general said Katsav would be indicted for rape and sexual assault. “History will find in my favor,” he said in a news conference. “The legal onslaught on me was a hysterical eruption of hatred and malice and it included witness tampering, coaching and coercing, all to frame the president of Israel.” Attorney General Menachem Mazuz said Sunday he would indict Katsav on charges of rape and sexual assault of a number of his employees, plus obstruction of justice.
On the March 9 edition of CNBC’s Squawk Box, Becky Quick was interviewing Berkshire Hathaway CEO Warren Buffett when the Oracle of Omaha expressed support for the Obama Administration’s mortgage bailout. “Becky,” co-host Joe Kernen broke in, “tell Warren you’re mad that you’ve done all the right things and all these other people are going to get bailed out.” Buffett replied, “There’s nothing wrong with being mad, Joe.
On the best of days, Washington and Wall Street are as antsy as a boy who plants an acorn and then starts talking about climbing the tree. And these are not the best of days. Under the stress of a global financial disaster and juiced up on the amphetamine of 24-hour cable chatter, America’s axis of money and influence is jittery and nervous and primed for panic
House Democratic aides denied Wednesday that work is already underway on a second stimulus package.
A teen in southern Sweden posted an online threat, saying he would carry out a German-style massacre at his school, police said Thursday. It would be tempting to put this down to Taliban propaganda except one of Kabul’s top cops is saying the same thing.
A top Taliban commander has told CNN his insurgents are poised and ready to attack Kabul and could strike virtually anywhere in the city. It would be tempting to put this down to Taliban propaganda except one of Kabul’s top cops is saying the same thing. “We are working on a security strategy for the city and if we don’t get it right, they [the Taliban] can attack at any minute, at any hour, any time,” says Commander Mohammed Daud Amin, in charge of securing the Kabul district that includes the Presidential Palace and many government ministries.
Muntadher al-Zaidi, the man seen as a hero in some circles for throwing his shoes at then-U.S. President George W