Can New Regulation Stop Another Madoff? - Forbes
After a disastrous year that spelled the demise of Bear Stearns and Lehman Brothers and the end of Merrill Lynch 's independence, Bernard Madoff's alleged $50 billion swindle has added new urgency to calls to reform regulation of the U.S. financial ...

Hayden falls at the SCG - Sydney Morning Herald
Australia building a lead on day four at the SCG. Worm may have turned for Hayden Glamour to the hilt, but ticket omits women's SCG curtain-raiser Timber sent flying as Pete chops tail off Lack of rain catches curator - and batsmen - on the hop as ...

Obama Is Said to Favor Stimulus Plan of About $775 Billion - Bloomberg
Jan. 5 (Bloomberg) -- President-elect Barack Obama told House Speaker Nancy Pelosi today that he favors a U.S. economic stimulus plan of about $775 billion, a Democratic aide said. Obama met with congressional leaders from both parties at the Capitol ...

Palestinians want quick UN cease-fire resolution - Associated Press
UNITED NATIONS (AP) -- The Palestinians urged the U.N. Security Council on Monday to quickly adopt a resolution calling for an immediate end to Israeli attacks in Gaza and a permanent cease-fire, including international border monitors and an ...

Obama demands 'bold' action on stimulus plan - Yahoo News
WASHINGTON (AFP) – President-elect Barack Obama demanded bold action on his near 800 billion dollar stimulus plan, warning Congress would send the US economy into an even deeper hole if it fails to act swiftly. Obama touted a sweetener of 300 ...

Obama Meets With Congress About Recovery Package - CBS News
President-elect Barack Obama made some headway with Congressional Republicans today after a bipartisan leadership meeting to discuss a massive economic recovery package. Republican Leader Mitch McConnell specifically praised Obama's plan to devote ...

U.S. sending emergency aid to Darfur - International Herald Tribune
WASHINGTON : With just 15 days left in office, President George W. Bush announced Monday that he had ordered an immediate airlift to deliver vehicles and equipment to the war-torn Darfur region of Sudan to bolster a struggling international ...

Obama in talks on recession as family moves to Washington - Guardian Unlimited
The Obamas settled into their first day in Washington yesterday, with daughters Sasha and Malia attending their new school and the president-elect trying to inject a sense of urgency into congressional ­leaders about tackling the recession. The ...

UN Security Council to meet on Gaza resolution - Jerusalem Post
The UN Security Council has scheduled a meeting for late Tuesday afternoon to discuss adoption a resolution to halt the violence in Gaza. Palestinian Authority President Mahmoud Abbas. Photo: AP [file] On Monday, Palestinian Foreign Minister Riad al ...

Obama seeks swift passage of fiscal package - International Herald Tribune
With the economic outlook darkening, U.S. President-elect Democrat Barack Obama went to Congress two weeks before taking office to try to entice Republican support for a massive stimulus package with talk of big tax cuts. "We are in a very difficult ...