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Sunday, October 05, 2008 |
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Bush signs $700-B
Wall Street bailout |
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WASHINGTON, D.C.: US lawmakers were hoping for
investor optimism after President George W. Bush signed an historic
$700-billion Wall Street bailout that still would not be an instant
fix for the crisis.
The House of Representatives
Friday voted 263 to 171 to pass the largest US government economic
intervention since the 1930s, after sparking market and political
turmoil by rejecting an earlier version of the bailout on Monday.
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O T H E R R E P O R T S
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Struggling in
polls, McCain regroups in Arizona
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FLAGSTAFF, Arizona: With poll
numbers slipping, Republican John McCain on Saturday struggled to
inject fresh energy into his White House campaign a little over four
weeks before the US presidential elections.
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More nations pull
suspect products over milk scandal
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SEOUL: South Korea, Australia and
Japan Saturday pulled melamine-contaminated sweets and drinks from
supermarket shelves amid a widening scandal over Chinese milk
products tainted with the toxic chemical.
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WORLDINBRIEF
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NEW DELHI: US Secretary of State
Condoleezza Rice arrived in India Saturday to showcase a historic
bilateral nuclear deal, but last-minute hitches raised doubts that
the pact would be signed on her trip.
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