In the News: Oct-29

Feds: Chinese drywall reports still inconclusive - 29 Oct 2009 at 2:41pm - WEST PALM BEACH, Fla. -- Federal studies released Thursday cannot yet definitively link imported Chinese drywall to health problems or corrosion of pipes and wires that thousands of U.S. homeowners have been reporting for nearly a year.

House unveils $894 billion healthcare bill - 29 Oct 2009 at 2:36pm - WASHINGTON (Reuters) - Democrats in the U.S. House of Representatives unveiled a broad healthcare overhaul on Thursday that would transform the insurance market, create a government-run insurance plan and levy new taxes on the rich.

Obama restores private intel board's key power - 29 Oct 2009 at 11:59am - WASHINGTON -- President Barack Obama has restored an independent intelligence advisory board's authority to tell the attorney general if it thinks an intelligence agency has broken the law.

Recession unofficially ends as economy grows 3.5 percent - 29 Oct 2009 at 9:22am - WASHINGTON (Reuters) - The U.S. economy grew in the third quarter for the first time in a year, beating market expectations, as consumer spending and new home-building rebounded, signaling the end of the worst recession in 70 years.

U.N. condemns Cuba embargo by U.S. - 29 Oct 2009 at 7:59am - The United States found itself up against virtually the entire world Wednesday as country after country at the United Nations denounced the nearly 50-year-old trade embargo against Cuba, which the island government says is as strong as ever under President Barack Obama.

Iran wants big changes to draft atom deal with powers - 29 Oct 2009 at 7:22am - TEHRAN (Reuters) - Iran will seek major revisions to a U.N.-draft nuclear fuel deal, including shipping abroad its low-enriched uranium (LEU) in stages rather than all at once, a pro-government newspaper reported on Thursday.

Obama considering scaled-down Afghan war plan - 29 Oct 2009 at 6:47am - WASHINGTON -- President Barack Obama is considering a scaled-down version of the war plan advanced by his top Afghanistan commander, Gen. Stanley McChrystal, U.S. officials say.

Thought for the day:
An economist is an expert who will know tommorrow why the things he predicted yesterday didn't happen today. -Laurence J. Peter (1919 - 1988)