Monday, December 01, 2008

In the News: Dec-01

U.S. in recession as Europe debates spending hikes - 1 Dec 2008 at 2:20pm - WASHINGTON (Reuters) - The U.S. economy has slumped into a recession, the nation's business cycle arbiter declared on Monday, while European leaders clashed over how much public money to spend tackling a deepening downturn.

World Falls for American Media, Even as It Sours on America - 1 Dec 2008 at 2:08pm - After the 9/11 terrorist attacks, the White House wanted major media companies to help improve the U.S. image abroad. That hasn't panned out.

Dion to lead Liberal-NDP coalition, Liberals confirm - 1 Dec 2008 at 2:00pm - Liberal caucus members agreed unanimously on Monday that Stéphane Dion will stay on to lead a Liberal-NDP coalition, CBC News has learned, following reports that the two parties reached a tentative agreement to replace the minority Conservative government.

Some vindication for sick vets, but little relief - 1 Dec 2008 at 11:08am - WASHINGTON -- Ground combat in the 1991 Persian Gulf War lasted just 100 hours, but it's meant 17 years of pain and anguish for hundreds of thousands of veterans.

Thought for the day:
Money doesn't always bring happiness. People with ten million dollars are no happier than people with nine million dollars. -Hobart Brown


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