Dollar Defies Fed’s Rate Cut
It is one of the givens of economics that currencies fall when interest rates are cut — so analysts are wondering what is happening to the dollar....
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Dow Falls 387 Points On New Loan Fears
Stocks dropped on Wall Street after the European Central Bank and the Fed took action to ease the tightening credit markets....
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Everybody’s Business: Of Tax Cuts And Those $10 Million Bat Mitzvahs
We?re in a war that the government cannot afford to pay, but the society at home is routinely having million-dollar bar mitzvahs?...
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Nuclear Plant Logs 3rd Radiation Leak
Tokyo Electric Power said that it had found tiny amounts of radioactive material in an exhaust filter at the plant, which was shut down Monday....
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Foreclosure Notices Hit Record In Spring
The Mortgage Bankers Association reported today that mortgage holders starting the foreclosure process in the April-June quarter reached 0.65 percent....
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Asia News

World Briefing | Asia: Japan: You Mean, the Tax Is on the Whole Inheri...
2008-03-13 04:55 - The authorities arrested two sisters in Osaka who they said hid some $57 million in cardboard boxes to evade tax on their inheritance.

World Briefing | Asia: India: Airport Workers Begin Strike
2008-03-13 04:55 - Some 15,000 airport workers across India went on strike, a move that threatened to ground hundreds of domestic flights.

Breakaway Rebel Faction Wins Stormy Election in Sri Lanka City
2008-03-13 04:55 - A pro-government militia composed of former Tamil Tiger rebels won a local election in Batticaloa despite allegations that it had used child soldiers, extorted businessmen and carried out killings.

U.N. Says Taliban Are Impeding Aid
2008-03-13 04:55 - A report by the United Nations says that a tenth of Afghanistan is off limits to aid workers because attacks by Taliban insurgents make it too dangerous.

China Retools Its Government in Efficiency Push
2008-03-13 04:55 - The plan is intended to streamline an overlapping array of government agencies, commissions and ministries.

From Prison to Zenith of Politics in Pakistan
2008-03-12 06:01 - The widower of Benazir Bhutto now sits at the pinnacle of Pakistani politics, a startling comeback for a man was once one of Pakistan’s most ostracized figures.

Two Bombs Kill 20 in Pakistan’s Lahore
2008-03-12 06:01 - Massive suicide bombs ripped through a seven-story police headquarters and a house in Lahore, killing at least 20.

China’s Rate of Inflation Is Highest in 11 Years
2008-03-12 06:01 - Food prices were the biggest contributor, up 23.3 percent from February of last year.

For Britain, Fewer Troops in Iraq, but Costs Continue to Rise for the ...
2008-03-12 06:01 - A parliamentary committee warned that Britain’s military operations in Afghanistan and Iraq were likely to cost $6.7 billion this year.

Woman Replaces Colleague for South Korea’s First Space Mission
2008-03-12 06:01 - Women’s groups said Yi So-yeon’s participation was likely to boost the rising status of women in South Korea’s traditionally male-dominated society.

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