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Friday, October 03, 2008 |
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US Senate passes
bailout |
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Sweetened deal gives Treasury power to buy up
mortgage debt |
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WASHINGTON, D.C.: The US Senate has resoundingly passed a sweetened
$700-billion Wall Street bailout, spurring hopes the House of
Representatives would follow suit after killing an earlier bid to
avert a world financial meltdown.
The Senate voted 74-25 late
Wednesday (Thursday in Manila) to back the amended Bush
administration bailout plan, designed to ease a deepening credit
freeze and volatility on global stock markets spawned by the crisis
on Wall Street.
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O T H E R R E P O R T S
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PACMAN, FOE ALL
MODESTY BEFORE BOUT
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NEW YORK CITY: Boxing superstars
Manny “PacMan” Pacquiao and Oscar de la Hoya showed tremendous
respect for each other on Wednesday at the Statue of Liberty here
during the formal launch of their December 6 big fight in Las Vegas.
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Christmas will be
‘happy,’ New Year ‘merry’ for Pinoys – Recto
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The government believes the
Filipino spirit will prevail this Christmas—even as the world
grapples with record-high inflation, a tainted-milk scare and the US
financial crisis.
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Palin stumbles on
questions about US Supreme Court
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WASHINGTON, D.C.: Republican vice
presidential nominee Sarah Palin underlined her opposition to
abortion in a televised interview on Wednesday but stumbled on
questions about the US Supreme Court.
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China to halt
dairy exports
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BEIJING: China has vowed to halt
its dairy exports until it can eliminate the threat from
contaminated milk that has sickened thousands in the country and led
to product recalls worldwide, a Japanese official said Thursday.
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‘God’s Army’
takes aim at MILF rebels
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ALEOSAN, North Cotabato: Felimon
Cayang said he is ready to die to save his native southern
Philippine island from Muslim separatist rebels spreading terror
through its Christian communities.
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EXCLUSIVE
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Kaya Natin imparts
good governance to poor, youth
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Saying elections in this country
are usually decided by the poor and the youth, Governor Grace Padaca
of Isabela said it is now imperative to inform young people of their
responsibility to elect better people to government.
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Scavengers warned
of risks from endosulfan
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For a few pesos more, scavengers
are risking serious harm in helping themselves with metal scraps
from a sunken ship.
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Story>>
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