Israel by JT

Israel Threatens ‘Disproportionate’ Response to Rockets

The Associated Press Sunday, February 1, 2009 JERUSALEM: Gaza militants launched two rockets into southern Israel early Sunday, drawing a threat of “disproportionate” military retaliation from Israel’s prime minister and further straining a cease-fire that ended Israel’s devastating Gaza offensive two weeks ago. There were no casualties from the rockets, though one projectile landed near […]

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Barack Obama by JT

Stiglitz Calls Bad Bank Idea “Cash For Trash”

BLOOMBERG Feb. 1 (Bloomberg) — Nobel laureate Joseph Stiglitz said any decision by President Barack Obama to establish a so-called bad bank to rid financial companies of toxic assets risks swelling the national debt. Obama’s administration is moving closer to buying the illiquid assets currently clogging bank’s balance sheets and preventing them from boosting lending, […]

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Barack Obama by JT

Is There a White House Baby on the Way?

CBS NEWS Celebrity blogger Perez Hilton has rarely let facts get in the way of gossip. Still, his latest and apparently baseless speculation about Michelle Obama has generated international baby buzz. On Wednesday, an item appeared on PerezHilton.com (filed under Baby Blabber – Conspiracy Corner) with the headline: “White House Baby???” “We’re hearing talk in […]

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England by JT

England Gets Slammed With Worst Snowstorm in 18 Years

Large swaths of Britain came to a standstill in the grip of the worst snowstorms for 18 years. By Gordon Rayner, Chief Reporter 02 Feb 2009 Despite five days of severe weather warnings, transport bosses still appeared to have been completely caught out as up to a foot of snow fell across the country, bringing […]

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