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News of the 07/23/2008

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Underprivileged to Be VIPs at Obama Ball
Pakistan vows to hunt Mumbai attack plotters
Canadian PM wins suspension of Parliament
    

Dolly becomes hurricane, set to hit Tex-Mex border

  
Rain started to fall along the Gulf Coast as Hurricane Dolly -- upgraded in force from a tropical storm -- closed in on towns straddling the Texas-Mexico border.
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Karadzic's capture signals big shift for Serbia

  
Just a few months ago, thugs outraged at Kosovo's independence set part of the U.S. Embassy in Belgrade on fire, and ultranationalists prepared to seize power.
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Angry Serb nationalists protest Karadzic arrest

  
Serb nationalists skirmished with riot police in the capital Tuesday, lashing out against the new Western-leaning government that captured war crimes suspect Radovan Karadzic. Karadzic's lawyer vowed to appeal Serbia's plan to extradite the former Bosnian Serb chief to a U.N. war crimes court.
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Opponents form alliance against Indian government

  
Several key Indian political parties announced an alliance to oppose the government Wednesday, a day after Prime Minister Manmohan Singh won a confidence vote that paves the way for a landmark nuclear deal with the United States.
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Etiquette guide: What not to ask Olympic visitors

  
Questions about salaries are out. Ditto queries about the age of a foreigner visiting Beijing for the Olympics. And an inquiry about someone's love life? Forget it.
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Peugeot-Citroen 1H net up 49 percent

  
Shares in PSA Peugeot -Citroen jumped on Wednesday after the French auto maker reported a 49 percent increase in net profit in the first half.
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A look at key parts of congressional housing bill

  
The housing bill Congress is preparing to send President Bush would: --Give the Federal Housing Administration $300 billion in new lending authority and relax standards to provide affordable, fixed-rate mortgages to debt-ridden homeowners. Any losses would be covered by an affordable housing fund financed by Fannie Mae and Freddie Mac , the government-sponsored companies that finance mortgages.
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Dollar lower against Swiss franc Tuesday night

  
The dollar was barely changed against the Swiss francs late Tuesday night in New York. The U.S. currency traded at 1.0304 Swiss francs, just below 1.0305 francs it traded in the late afternoon.
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Shift to smaller cars raises safety questions

  
WASHINGTON (Reuters) - An accelerating consumer shift from sport utility vehicles and pickups to more fuel-efficient cars should reduce rollover, but safety experts worry a lighter fleet poses serious risks despite air bags, anti-collision systems and other advances.
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Batman Fan Leaves Toddler In Car

  
A father who left his two-year-old son inside his car while he watched the latest Batman film has been charged with child abuse.
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Pakistan government pressed on missing persons

  
An international rights group is urging Pakistan's new government to investigate the disappearance of hundreds of people allegedly at the hands of its security agencies.
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Thai-Cambodian conflict enters 2nd week

  
Thailand accused Cambodia of eyeing even more of its land and leaflets appeared in the Cambodian capital calling for a boycott of Thai goods, as a military standoff over disputed border territory entered a second week Wednesday.
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No rights advisement for Guantanamo prisoners

  
An FBI agent testifying at the first Guantanamo war crimes trial said interrogators did not advise detainees here of any rights because the military prison is dedicated to intelligence gathering, not law enforcement.
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Carlsberg sells stakes in 2 companies

  
Carlsberg A/S said Wednesday it sold a 95.6 percent stake in Turk Tuborg and a 20 percent share in Israel Beer Breweries to Israel's beverage company CBC Group.
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EU proposes crackdown on seal hunt

  
The European Union proposed an import ban Wednesday on products derived from seals that are killed in a cruel way, a move that could hurt the annual seal hunt in Canada -- the largest in the world.
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Zim Billion Note In US$80 Ebay Sale

  
A Zimbabwean 100 billion dollar bank note has more value as a novelty item on eBay than on the streets of the capital.
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Top drug companies' earnings beat forecasts

  
LONDON (Reuters) - The world's two biggest drugmakers, Pfizer Inc and GlaxoSmithKline Plc , both beat expectations for quarterly earnings on Wednesday, as did Wyeth , indicating the sector's resilience.
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Gunman dies of wounds in Jordan

  
A Jordanian security official says a Palestinian gunman who shot himself after wounding six people in Jordan's capital last week has died of his injuries.
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CBA seeks ABN Amro Australian branch

  
Commonwealth Bank of Australia Ltd., one of the country's largest lenders, said Wednesday it has entered exclusive talks to buy the local arm of Netherlands-based investment bank ABN Amro .
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Sale pending for a champion of Paris wine tasting

  
Chateau Montelena, which shocked the wine world in 1976 when it beat French vintages in a famous Paris tasting, is expected to be sold, officials close to the deal said Tuesday. The buyer? The owner of a Bordeaux estate.
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