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Tuesday, September 30, 2008 |
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US bailout plan up
for vote |
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Unclear whether some lawmakers will support move |
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WASHINGTON, D.C.: US lawmakers agreed a $700-billion bailout for
debt-stricken Wall Street banks and sent the legislation aiming to
stem the US financial crisis for Congress to start voting Monday.
A compromise package, unveiled
Sunday after tense negotiations between rival party leaders and
White House officials, will go first before the House of
Representatives.
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O T H E R R E P O R T S
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Economy can absorb
shock from US crisis
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The Philippines can shield itself
from external shocks, as its economy remains sound despite the
global financial crisis.
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Barack accuses
rival McCain of ineptitude
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DETROIT: White House hopeful
Barack Obama was to take his campaign to the American West on Monday
after accusing his Republican rival John McCain of
“Katrina-like” bungling over the US financial crisis.
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Senators find
nothing wrong with ‘double entry’ in budget
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There were indeed two entries of
P200 million each in the 2008 budget for the C-5 road extension
project, but there was nothing anomalous about it, several senators
said Monday after a public hearing.
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Two miners found
alive in flooded tunnel
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ITOGON, Benguet: Two of the 14
miners who were trapped inside a mine tunnel here were found alive
after seven days by rescuers on Monday afternoon. It was initially
reported that 13 miners were trapped.
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Holiday pay rate
to apply on Muslim feast – Labor secretary
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Wednesday is a regular holiday in
the Philippines, in observance of the Eid’l Fitr, or Feast of
Ramadan, the Department of Labor and Employment said Monday.
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Govt inspects RP
milk goods for melamine
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Milk products marked “Made in
the Philippines” could contain raw ingredients brought in from
China.
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