Thursday 04 December 2008
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Barack Obama is the 44th president of the United States
You can't blame the king of Persia for printing up money no one could trust. His neighbors in China were doing the same, after all, and with the same inevitable consequences, too...
Princeton professor and New York Times columnist Paul Krugman has been awarded the 2008 Nobel Prize for economics.
Dow Loses 777 Points After Vote
Today, Ruth Kelly announced her resignation from the cabinet. We look back on her career and ask whether a woman with such strongly-held views informed by an extreme brand of Catholicism should ever have been allowed into high office in the first place.
And so in what looks like the end of one of the longest running sagas in British football, West Ham United were today found guilty of playing a player who was incorrectly registered. We give our view.
In the seas off the Horn of Africa, a multinational naval task force is engaged in regular firefights with pirates seeking to disrupt shipping in the Gulf of Aden. Our reporter asks if a link between the dramatic rise in piratical activity with Islamic insurgents in Somalia has led to the opening of a new front of the 'War on Terror'.
All discussion about the proposed taxpayer-funded bailout of Wall Street banks is centered around the idea of, "If we don't bail them out, they will fail.
It seems no one is asking a much more important question of, "Will this bailout do any good?" Or to take this one step further, "Will this bailout do more harm than good?"
Chelsea and Manchester United met at Stamford Bridge this afternoon- this is our report.
It's the usual question that someone asks after getting hit over the head and mugged, or if they were in the immediate vicinity of an explosion.

For the American taxpayer, both of those things happened during these past two weeks.
A massive bomb attack has hit the Marriott Hotel in Pakistan's capital, Islamabad, killing at least 40 people.
In what amounts to an egregious manipulation of the free market, UK regulators bar short-selling on financial stocks.
The Beijing Olympics were an enormous Public Relations success for the Chinese Government, with the success of the Games overshadowing reports of Human Rights abuses. We must not allow those who suffer at the hands of the Chinese Government to be forgotten.
Wall Street tumbled again Wednesday, with anxieties about the financial system still running high even after the government bailed out the insurer American International Group Inc. "People are scared to death," said Bill Stone, chief investment strategist for PNC Wealth Management
Russian markets stopped trading for a second day after emergency funding measures by the government failed to halt the biggest stock rout
In an extraordinary turn, the Federal Reserve was close to a deal Tuesday night to take a nearly 80 percent stake in the troubled giant insurance company, the American International Group, in exchange for an $85 billion loan, according to people briefed on the negotiations.
The Federal Open Market Committee decided today to keep its target for the federal funds rate at 2 percent.
Top US investment bank Lehman Brothers files for bankruptcy protection, sending shockwaves through financial markets.
On Monday, they lost their manager, yesterday they lost against Hull and today they have lost their billionaire chairman- what is wrong up at Newcastle?
Fulham and Bolton met each other at Craven Cottage this afternoon- they played an enthralling game in the early autumn sunlight and their game reveals a lot about who will struggle and who will do well in next year's Premiership.
Apple has unveiled the latest version of its iPod Nano, featuring what it says are the thinnest measurements yet.
Global shares have rallied after the US government said it was taking over troubled mortgage lenders Freddie Mac and Fannie Mae.
Asif Ali Zardari, the widower of former Prime Minister Benazir Bhutto, has won a sweeping victory in Pakistan's presidential election.
The unemployment rate soared in August and employers slashed jobs, as a weakening in the labor market accelerated. The numbers suggest there is little good news ahead for American workers, who face deepening stress from several sides.
Chancellor says Labour failing to communicate with voters
John McCain has picked Alaska governor Sarah Palin, a surprise choice, to be his vice-presidential running mate.
Senator Barack Obama has chosen Senator Joseph R. Biden Jr. of Delaware to be his running mate, turning to a leading authority on foreign policy and a longtime Washington hand to fill out the Democratic ticket, Mr. Obama announced in text and e-mail messages early Saturday.
Reports say up to 150 people killed when airliner swerved off runway at Barajas airport.
Ten French soldiers have been killed in an ambush by Taleban fighters east of the Afghan capital, Kabul.
Pakistani President Pervez Musharraf, facing impeachment on charges drawn up by the governing coalition, has announced that he is resigning.