In the News: Jul-18

UN chief calls for sharp hike in world farm output - 18 Jul 2008 at 1:55pm - UNITED NATIONS (AFP) - UN chief Ban Ki-moon on Friday called for a sharp hike in world farm output, warning that high food and fuel prices threatened much of the progress made in reaching global poverty-reduction targets.

Bush, Maliki agree 'time horizon' for US drawdown - 18 Jul 2008 at 11:12am - TUCSON, Arizona (AFP) - US President George W. Bush and Iraqi Prime Minister Nuri al-Maliki have agreed on "a general time horizon," not an "arbitrary timetable" for a drawdown of US forces, the White House said Friday.

Senate Study: Tax Shelters Cost U.S. $100 B Yearly - 18 Jul 2008 at 6:00am - Illegal tax shelters cost the U.S. government an estimated $100 billion a year. That's according to a Senate subcommittee that has been investigating the matter. Representatives of the Swiss bank UBS told lawmakers Thursday that they have taken steps to prevent illegal activity.

Thought for the day:
When I was a boy I was told that anybody could become President. Now I'm beginning to believe it. -Clarence Darrow (1857 - 1938)