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News of the 08/19/2008

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Asia fears economic slowdown

  
Aug 19 - Asia stocks fell sharply on Tuesday with investors worried about further signs of a global credit crisis.
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Plane crashes on busy street

  
Aug 19 - A light aircraft carrying two people crashes in Yao City in western Japan.
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Inflation pressures mount; home building slows

  
Wholesale prices shot up in July at the fastest year-on-year rate since 1981, while home builders cut back on construction as they worked through a glut of unsold homes, government data showed on Tuesday.
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Talk of the Town:Phil's mega divorce

  
Aug. 18 - Talk of the Town brings you the latest in news, music and celebrity talk.
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Cashing in on cachaca

  
Aug. 18 - From a drink made by slaves, Brazil's most popular alcoholic beverage, the cachaca, emerges as a top export product winning millions of fans around the globe.
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BHP mines China gold

  
Aug 19 - Top miner, BHP Billiton, is yielding gold from its China ties, with record profits and Olympic sponsorship minting its Beijing presence.
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UK home rental market soars

  
Aug 19 - The UK housing market, dominated by the owner-occupier model, is seeing a surge in the rental property sector.
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NYPD seeking man suspected of attacks on elderly

  
A man caught on video choking an 85-year-old woman in a building elevator and stealing her money and cane is believed to be responsible for a string of assaults on older victims in Brooklyn, police said Tuesday.
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NATO turns up heat on Russia

  
Aug. 19 - NATO called on Russia to follow-through on its pledge to pull troops out of Georgia.
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Candidates back and forth on Iraq

  
Aug. 19 - In a speech before the Veterans of Foreign Wars Convention in Orlando, Florida on Monday, Sen. John McCain attacked Sen. Barack Obama's Iraq policy.
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