You are currently browsing the Current World News weblog archives for the day Sunday, October 12th, 2008.

Breaking News

Banks go begging for £40bn lifeline in the biggest nationalisation deal in history

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Britain’s leading banks will today come cap-in-hand to ask taxpayers for £40billion in the biggest nationalisation in history. Read more

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Gunmen kill six at family party in Mexico

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CIUDAD JUAREZ, Mexico – Gunmen have killed six young men at a family party in the gang-plagued Mexican border city of Ciudad Juarez. Read more

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France's Worst Serial Killers?

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The trial of Michel Fourniret — who reportedly enlisted his wife’s help to seize virgin girls to rape and kill — began March 27, 2008, with Fourniet refusing to speak unless court went into closed session and refusing to let the press take his photograph. The Times of London reported the gory details: “The couple [...]

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Abdullah's Interfaith Effort

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Saudi Arabia’s king called for greater dialogue and openness between the world’s monotheistic religions on March 24, 2008. In the face of rising tensions over Mohammed cartoons, al-Qaida claiming Pope Benedict XVI is leading a crusade, and a stalled Middle East peace process, King Abdullah‘s outreach took on extra weight. From the International Herald Tribune: [...]

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Poll of the Polls of Polls — Saturday

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I’m looking at four sites that regularly update a “poll of polls,” showing the average results of what the site administrators deem to be all the most relevant and credible national public opinion surveys. Here’s a look at today’s report compared to the reports I noted on Tuesday and Thursday, including my bonus feature a [...]

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World Economy Is ‘Near Meltdown’

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11:24am UK, Sunday October 12, 2008 The International Monetary Fund has warned the world’s financial system is near meltdown and has put its weight behind an urgent Group of Seven plan to stabilise markets. [...]

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Destiny’s Child star ‘depressed’ after split

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Former Destiny’s Child star Michelle Williams has revealed that she fell into a depression when the group split. The band had a brief hiatus before reforming for their final studio album Destiny Fulfilled in 2004. Williams told You magazine that she felt miserable because she missed bandmates Beyoncé Knowles and Kelly Rowland. The ‘We Break [...]

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More than 100 Taliban killed in Afghan clashes

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Taliban militants launched a surprise attack on a key southern Afghan city Sunday sparking a battle that killed some 60 insurgents, an Afghan official said. Read more

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PIRATES SEIZE ANOTHER SHIP

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MOGADISHU, Somalia – Armed pirates hijacked a massive tanker as world powers yesterday headed toward the Somali coast to end a two-week standoff aboard a ship laden with tanks and weapons, officials said. Read more

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More Willie Hortonization of Obama from McCain surrogates

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Someone who “used cocaine.” “A guy of the street.” That’s how McCain co-chair and early endorser Oklahoma Gov. Tom Keating said Senator Barack Obama should describe himself as a way to “be honest” with voters. He was just about to launch into a Rev. Wright riff Thursday, but his radio host Dennis Miller said they [...]

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The banking-crisis iceman cometh – to Iceland

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There’s even more of a chill in the air in the cold climate of Iceland, a place the iceman of the current, still-spreading, international credit crisis that started in the U.S. and has unfolded worldwide has just touched – or rather, has just hit, and hard, too. Read more

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Para dueños de casa, hora de ser cautelosos pero diligentes

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Es algo surrealista escuchar a un consejero financiero de Nueva York de 35 años reconociendo su propia incapacidad de poner sus cuentas en orden. Read more

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Not Quite Ready To Dump America

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EVIAN, France — Looking down on the smoking ruins of the world’s stock markets and financial institutions from the Alpine foothills, Russian President Dmitry Medvedev took consolation where he could find it last week by celebrating the joys of American decline. Read more

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Ex-President Of Finland Is Awarded Peace Prize

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PARIS, Oct. 10 — Martti Ahtisaari, the former Finnish president who has been a tireless mediator in conflicts around the world for more than three decades, was awarded the Nobel Peace Prize on Friday and expressed hope that the prize will help him raise funds for further peacemaking in hot spots to come. Read more

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U.S. Drops North Korea From Terrorism List

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The Bush administration removed North Korea from its terrorism blacklist yesterday, a move that was aimed at salvaging a sputtering nuclear disarmament deal but that sparked internal controversy, infuriated Japan and drew some Republican opposition. Read more

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Global Markets Fall Despite Reassurances

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BERLIN, Oct. 10 — Fear seized investors around the world Friday as stock markets dropped to levels not broached for several years. National leaders tried to intervene with reassurances and stopgap measures, to no avail. Read more

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Fear Amid Hostility in South Africa

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AKASIA, South Africa — Mohammed Rage lived here among the dusty tents outside the nation’s capital for one month. At 48, the Somali shopkeeper was considered an elder among hundreds of immigrants who sought refuge in this government-run encampment after brutal attacks against foreigners spread through South Africa’s slums in the spring. Read more

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Western Journalists in Iraq Stage Pullback of Their Own

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BAGHDAD — The number of foreign journalists in Baghdad is declining sharply, a media withdrawal that reflects Iraq’s growing stability and the financial strains faced by some news organizations. Read more

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Studying Japan’s Dark Decade to See How U.S. Might Fare

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The sky over Tokyo seemed to fall in September of 1990, when the Nikkei stock index dove almost 20 percent in one month. Real estate prices would plummet and the financial sector would crack, trapping Japan in a “lost decade” of economic growth. Is the United States now set for its own? Read more

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Israeli Jews, Arabs clash in fourth straight night

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ACRE, Israel (Reuters) – Rioters clashed for a fourth straight night on Saturday in northern Israel, police said, raising tensions in a city once a rare bastion of peaceful relations between Arabs and Jews. Read more

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