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Suspected U.S. drone fires missile into Pakistan

DERA ISMAIL KHAN, Pakistan, Oct. 16, 2008 (Reuters) — A suspected U.S. drone fired a missile on Thursday into a Pakistani region on the Afghan border regarded as a haven for al Qaeda and Taliban militants, a Pakistani intelligence agency official said. ...  > full story
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Deep recession fears thrash Asia stocks

HONG KONG, Oct. 16, 2008 (Reuters) — Asian stocks plummeted, led by an 11 percent drop on Japan's Nikkei, and oil prices dropped to a one-year low on Thursday as fears grew of a more protracted and sharp global slowdown than initially expected. ...  > full story
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Chavez says "Comrade Bush" turns left in crisis

CARACAS, Oct. 15, 2008 (Reuters) — Socialist Venezuelan President Hugo Chavez mocked George W. Bush as a "comrade" on Wednesday, saying the U.S. president was a hard-line leftist for his government's intervention of major private banks in the U.S. financial crisis. ...  > full story
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Paulson still eyeing a January exit

WASHINGTON, Oct. 15, 2008 (Reuters) — U.S. Treasury Secretary Henry Paulson said on Wednesday he would work to ensure a smooth transition to his successor after the November presidential election, throwing cold water on hopes that he might stay on crisis control duty. ...  > full story
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North Korea threatens to cut ties with South

SEOUL, Oct. 16, 2008 (Reuters) — Destitute North Korea on Thursday threatened to end all relations with South Korea, a major source of aid and cash, in anger at the hardline policies of its conservative president. ...  > full story
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U.S. oil prices fall more than $1

SAN DIEGO, Oct. 15, 2008 (Reuters) — U.S. crude oil futures fell more than $1 a barrel after Wednesday's settlement, slipping to a 13-month low as traders were concerned over weaker demand linked to a widespread economic slowdown. ...  > full story
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Bernanke says credit crisis menacing U.S. economy

NEW YORK, Oct. 15, 2008 (Reuters) — Federal Reserve Chairman Ben Bernanke on Wednesday gave a dour assessment of the U.S. economy, citing a "significant threat" from shuttered credit markets in remarks that indicated he was open to cutting interest rates further. ...  > full story
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U.S., Iraq agree pact giving U.S. troops until 2011

BAGHDAD, Oct. 15, 2008 (Reuters) — Washington and Baghdad have reached a final agreement after months of talks on a pact that would require U.S. forces to withdraw from Iraq by 2011, U.S. and Iraqi officials said on Wednesday. ...  > full story
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Iraq says pact to allow U.S. troops until 2011

BAGHDAD, Oct. 15, 2008 (Reuters) — A draft agreement with the United States requires U.S. troops to leave Iraq by the end of 2011 unless asked to stay, and gives Iraq the right to try them for felonies committed while off duty, Iraq said on Wednesday. ...  > full story
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Iraqi leaders review final draft of U.S. pact

BAGHDAD, Oct. 15, 2008 (Reuters) — Iraqi Prime Minister Nuri al-Maliki submitted a final draft of a security agreement with the United States to political leaders for review on Wednesday, after months of negotiations with Washington. ...  > full story
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World News

Mugabe could back down on key cabinet posts: paper

HARARE, Oct. 16, 2008 (Reuters) — Zimbabwean President Robert Mugabe could back down on the allocation of key ministries to his ruling ZANU-PF party to save a power-sharing deal with the opposition, state media reported Thursday. ...  > full story

Suspected U.S. drone fires missile into Pakistan

DERA ISMAIL KHAN, Pakistan, Oct. 16, 2008 (Reuters) — A suspected U.S. drone fired a missile on Thursday into a Pakistani region on the Afghan border regarded as a haven for al Qaeda and Taliban militants, a Pakistani intelligence agency official said. ...  > full story

Britons jailed, fined in Dubai beach sex trial

DUBAI, Oct. 16, 2008 (Reuters) — A Dubai court on Thursday sentenced two Britons found guilty of having sex on a Dubai beach to three months in jail and a 1,000 dirham ($272) fine, followed by deportation. ...  > full story

Suicide bombing kills three in NW Pakistan

MINGORA, Pakistan, Oct. 15, 2008 (Reuters) — A suicide bomber rammed an explosives-packed vehicle into a police station in Pakistan's northwestern Swat valley Thursday, killing three policemen and wounding 15, officials said. ...  > full story

Politics

Obama has 5-point lead on McCain

WASHINGTON, Oct. 16, 2008 (Reuters) — Democrat Barack Obama has a 5-point lead over Republican John McCain in the U.S. presidential race, according to a Reuters/C-SPAN/ZOGBY poll released on Thursday. ...  > full story

Blacks bounce between hope, doubt of Obama win

CINCINNATI, Oct. 16, 2008 (Reuters) — Sharrell Shields speaks for many African Americans when she says she's starting to believe Democrat Barack Obama is going to be the next U.S. president -- but a certain skepticism keeps her hopes in check. ...  > full story

McCain says would eliminate ethanol tariff

HEMPSTEAD, New York, Oct. 15, 2008 (Reuters) — Republican presidential candidate John McCain said on Wednesday that if elected he would eliminate the tariff on sugar cane-based ethanol and cut a number of subsidies for ethanol. ...  > full story

Prediction markets now betting big on Obama

WASHINGTON, Oct. 15, 2008 (Reuters) — Traders betting on future events in the political prediction markets are overwhelmingly predicting a Barack Obama victory in the U.S. presidential election, giving the Illinois Democrat a better than 80 percent chance of winning. ...  > full story

Business

Swiss banks get emergency funds to fight crisis

ZURICH, Oct. 16, 2008 (Reuters) — Switzerland's two largest banks will receive billions of francs of emergency funding from the country's government and other investors to shore them up against the financial crisis, they said on Thursday. ...  > full story

Former FBI head Freeh to lead SemGroup probe

, Oct. 16, 2008 (Reuters) — Louis Freeh, former head of the Federal Bureau of Investigation, was named as an examiner to conduct a bankruptcy court probe of energy trader SemGroup LP, court documents show. ...  > full story

UBS to raise $5.3 billion of new capital

ZURICH, Oct. 16, 2008 (Reuters) — UBS AG will get a capital injection of 6 billion Swiss francs ($5.3 billion) from the government in the form of mandatory convertible notes, the Swiss bank said on Thursday. ...  > full story

Shoppers to constrain holiday spending: survey

NEW YORK, Oct. 16, 2008 (Reuters) — U.S. shoppers will spend more on holiday-related purchases this year, but that spending will increase by the lowest level in at least six years, according to a survey released by an industry trade group on Thursday. ...  > full story

Science

"Walking fish" reveals fresh evolutionary insights

WASHINGTON, Oct. 15, 2008 (Reuters) — An extraordinary fish that existed 375 million years ago had unique features in its head that helped pave the way for vertebrate animals to live on land, scientists said on Wednesday. ...  > full story

Device helps monkeys move paralyzed wrists

CHICAGO, Oct. 15, 2008 (Reuters) — Monkeys regained the use of paralyzed wrist muscles with a computer-aided device that uses brain signals to direct movement, U.S. researchers said on Wednesday. ...  > full story

Study finds brain chemical linked to grief

LONDON, Oct. 15, 2008 (Reuters) — Scientists have pinpointed a key brain chemical involved in dealing with the sudden loss or long-term separation of a partner, they said Wednesday. ...  > full story

Ancient bones show tuberculosis older than thought

LONDON, Oct. 15, 2008 (Reuters) — Scientists have discovered tuberculosis in 9,000 year-old human bones found submerged off Israel's coast -- evidence the disease is at least 3,000 years older than previously thought, researchers said on Wednesday. ...  > full story

Entertainment

World Series time change clears way for Obama ad

NEW YORK, Oct. 16, 2008 (Hollywood Reporter) — Barack Obama might have the power to move the World Series by a few minutes. ...  > full story

Indonesian hit film tells tale of poor kids

JAKARTA, Oct. 16, 2008 (Reuters) — A film about a gang of poor Indonesian children who struggle to get a basic education has become an unexpected blockbuster in a country where many youngsters still don't have adequate schooling. ...  > full story

"Virtual JFK" imagines hypothetical history

NEW YORK, Oct. 16, 2008 (Hollywood Reporter) — A compelling history lesson that offers an insightful primer on the Kennedy presidency even while proving sadly germane to our current times, "Virtual JFK: Vietnam If Kennedy Had Lived" spells out its provocative premise in its title. ...  > full story

DVD-buying fans tap "Seinfeld" set for top prize

LOS ANGELES, Oct. 16, 2008 (Hollywood Reporter) — A complete-series boxed set of "Seinfeld" won the top honor at the fifth annual TV DVD Awards on Tuesday, earning best of show as well as best complete-series set for Sony Pictures Home Entertainment. ...  > full story

Sports

Jamaica strike again while El Salvador progress

BUENOS AIRES, Oct. 16, 2008 (Reuters) — Jamaica followed up Saturday's shock 1-0 home win over Mexico with a repeat performance against Honduras on Wednesday to stay in the hunt for a place in the final round of the CONCACAF World Cup qualifiers. ...  > full story

World Series time change clears way for Obama ad

NEW YORK, Oct. 16, 2008 (Hollywood Reporter) — Barack Obama might have the power to move the World Series by a few minutes. ...  > full story

Phillies beat Dodgers to reach World Series

LOS ANGELES, Oct. 16, 2008 (Reuters) — The Philadelphia Phillies advanced to their first World Series in 15 years after wrapping up the National League Championship Series with a 5-1 Game Five win over the Los Angeles Dodgers on Wednesday. ...  > full story

Serena Williams to launch Australian Open bid in Sydney

SYDNEY, Oct. 16, 2008 (Reuters) — Serena Williams will launch her campaign for a fourth Australian Open title at next year's Sydney International. ...  > full story
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