In the News: Oct-07

Military improves education on electrocution - 7 Oct 2008 at 1:24pm - WASHINGTON -- The U.S. military is creating an electrical code for U.S. facilities in Iraq as part of an effort to prevent future electrocutions in Iraq. The deaths of at least 18 U.S. service members and contractors in Iraq are under investigation as possible electrocutions.

Fed Announces Plan to Buy Short-Term Debt - 7 Oct 2008 at 1:22pm - The Federal Reserve?s radical new plan is an effort to stimulate the credit markets, which have all but dried up.

IRS eases tax rules on US firms with foreign units - 7 Oct 2008 at 12:04pm - WASHINGTON -- The Internal Revenue Service, seeking to make cash more available during the current credit crunch, has issued a rule making it easier for U.S. corporations to bring home money made by their foreign subsidiaries.

Judge: Let Chinese Muslims from Guantanamo into US - 7 Oct 2008 at 11:39am - WASHINGTON -- A federal judge has ordered the release of a small group of Chinese Muslims from Guantanamo Bay into the United States.

Iceland nationalises another bank as crisis bites deeper - 7 Oct 2008 at 11:25am - REYKJAVIK (AFP) - Iceland on Tuesday nationalised the second of its three largest banks, locked its currency into a fixed exchange system and sought a large loan from Russia to fend off potential national bankruptcy.

Kenya detains U.S. author of critical Obama book - 7 Oct 2008 at 7:40am - NAIROBI (Reuters) - Kenyan immigration authorities have arrested and plan to deport the U.S. author of a critical book about presidential candidate Barack Obama before a launch in Nairobi, witnesses and local media said Tuesday.

Hurdle Remain Over Iraq Security Agreement - 7 Oct 2008 at 7:31am - U.S. Deputy Secretary of State John Negroponte is in Iraq Tuesday on an unannounced visit. U.S. and Iraqi officials have been negotiating a deal governing the operation of U.S. troops in Iraq, which expires this year. Iraq's foreign minister says it will take "bold political decisions" to overcome the final hurdles.

FCC Launches Inquiry Over Iraq War Coverage - October 07, 2008 8:09:11 AM - WASHINGTON -- Federal regulators have launched an inquiry into whether broadcast networks and military analysts violated federal sponsorship identification rules as a result of an effort by the Pentagon to increase favorable news coverage of the Iraq war.

Thought for the day:
The attempt to silence a man is the greatest honor you can bestow on him. It means that you recognize his superiority to yourself. -Joseph Sobran