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News of the 09/07/2008

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Oversight panel wants better answers from Treasury
US abstains as UN calls for Gaza cease-fire
China plans production controls for deadly melamine
    

Takeover seen easing loan crisis

  
The Bush administration's planned takeover of mortgage giants Fannie Mae and Freddie Mac should help lower mortgage rates, stem the slide of housing markets, and stabilize the US economy, analysts said.
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US holds off on civilian nuclear pact with Russia

  
Now is not the right time for the U.S. to move forward on a once-celebrated deal for civilian nuclear cooperation with Russia, Secretary of State Condoleezza Rice said Saturday.
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Rhode Island Wild Money

  
The winning numbers in the Rhode Island Wild Money lottery drawing for Saturday were: 2-8-13-28-30-Extra 10
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Olmert promotes West Bank settler buyout plan

  
Prime Minister Ehud Olmert said on Sunday it was time to consider offering compensation to Jewish settlers who volunteer to leave parts of the West Bank that Israel would hand to the Palestinians in a statehood deal.
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Sri Lanka air force helicopters attack rebel camp

  
Sri Lanka's air force launched a pre-dawn attack on a Tamil separatist naval camp in the embattled north Sunday, and infantry clashes elsewhere in the region killed eight rebels and three soldiers, the military said.
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Angola ruling party on course for big election win

  
Angola's ruling MPLA headed on Sunday for a landslide victory in a parliamentary election which opposition parties have branded illegitimate, preliminary results showed.
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Official: Egypt rock slide toll rises to 31

  
Egyptian authorities say they have pulled 31 bodies out of the rubble of a Cairo shanty town crushed by massive boulders.
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US military deaths in Afghanistan region at 513

  
As of Saturday, Sept. 6, 2008, at least 513 members of the U.S. military had died in Afghanistan, Pakistan and Uzbekistan as a result of the U.S. invasion of Afghanistan in late 2001, according to the Defense Department. The department last updated its figures Friday at 10 a.m. EDT.
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Cuba declines US disaster assessment after Gustav

  
Cuba politely declined a U.S. offer to send a disaster assessment team to the island after Hurricane Gustav, saying Saturday it would rather Washington suspend restrictions on travel and the sale of food and other materials it needs to recover.
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McCain-Palin becoming Palin-McCain?

  
The banners, buttons and signs say McCain-Palin, but the crowds say something else. "Sa-rah! Pa-lin!" came the chant at a Colorado Springs rally on Saturday moments before Republican nominee John McCain took the stage with Alaska Gov. Sarah Palin, a woman who was virtually unknown to the nation just a week earlier. The day before, thousands screamed "Sa-rah! Sa-rah! Sa-rah!" ...
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Hanna's remnants hit NH, roads, restaurants flood

  
New Hampshire Gov. John Lynch was headed to Manchester Sunday morning to tour damage left by the remnants of Tropical Storm Hanna.
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Lawmaker accused of politicizing Palin probe

  
A Republican lawmaker wants the Democrat overseeing an investigation into Gov. Sarah Palin's dismissal of her public safety commissioner removed because he seems intent on damaging her vice presidential candidacy.
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Mass. troops return from Iraq

  
Fifteen members of the 104th Fighter Wing at Barnes Air National Guard Base in Westfield, Mass., have returned home after concluding a six-month mission to guard the airport in the Iraqi capital of Baghdad.
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McCain pledges to appoint Democrats to Cabinet

  
Republican John McCain pledged if elected president to appoint Democrats to his Cabinet, saying there's nothing partisan about tackling the nation's toughest problems.
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Swaziland celebrates anniversary

  
Sept. 7 - Multi-million dollar celebrations in Swaziland for King's 40th birthday and country's forty years of independence.
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Illinois kindergarten golfer has ace

  
Look out Tiger Woods, 5-year-old Drew Gray's got game. The kindergartner had a hole-in-one -- though it doesn't count because it was on par-3 course -- last week on the 75-yard, fifth hole at Yorktown Golf Club. The shot was witnessed by several family members and verified by course owner John Bethard.
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Shaquille: Three More Charged

  
Three teenagers will appear in court tomorrow charged with the murder of 14-year-old Shaquille Smith, stabbed while sitting on a bench outside his home.
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50,000 villagers in flooded India refuse to leave

  
At least 50,000 people in India have refused to abandon their homes in flood-ravaged northern Indian despite pleas by authorities to evacuate, an official said Sunday.
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Bush comments on Sept 11 attacks, terror fight

  
Comments by President Bush on the Sept. 11 attacks and the fight against terrorism: "A great people has been moved to defend a great nation. Terrorist attacks can shake the foundations of our biggest buildings, but they cannot touch the foundation of America." Sept. 11, 2001, address from the Oval Office.
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Hurricane hits Caribbean islands

  
Powerful Hurricane Ike bears down on the Turks and Caicos islands in the Caribbean, bringing fierce winds and rain.
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