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Russia says U.S. on dangerous path over arms control

MOSCOW, Oct. 6, 2008 (Reuters) — The United States is upsetting the nuclear arms balance by failing to offer a fully-fledged replacement for the START arms control treaty when it expires next year, Russia's Foreign Minister Sergei Lavrov said. ...  > full story
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Treasury names rescue program chief

WASHINGTON, Oct. 6, 2008 (Reuters) — The Treasury on Monday named Assistant Secretary for International Economics and Development, Neel Kashkari, as head of the $700 billion government program that will buy soured investments to help restore the financial markets to health. ...  > full story
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Obama urges swift action on markets

ASHEVILLE, North Carolina, Oct. 6, 2008 (Reuters) — Democratic presidential candidate Barack Obama on Monday urged the Bush administration to move swiftly to address the financial crisis, saying contagion was spreading. ...  > full story
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Afghan war cannot be won militarily: U.N.

KABUL, Oct. 6, 2008 (Reuters) — The war in Afghanistan cannot be won militarily and success is only possible through political means including dialogue between all relevant parties, the United Nations' top official in the country said Monday. ...  > full story
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Poverty still plagues U.S. cities: survey

WASHINGTON, Oct. 6, 2008 (Reuters) — Most U.S. mayors and city officials say poverty is a growing problem, with many families unable to get by, according to a survey released on Monday. ...  > full story
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Wachovia, Citi, Wells Fargo to halt litigation

NEW YORK/WASHINGTON, Oct. 6, 2008 (Reuters) — Wells Fargo & Co and Citigroup Inc agreed on Monday to a 44-hour truce in their fight over regional bank Wachovia Corp after a weekend of legal wrangling. ...  > full story
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Crisis topples stocks as U.S. urges unity

NEW YORK/WASHINGTON, Oct. 6, 2008 (Reuters) — Governments around the world grasped at new measures to contain the fast-spreading credit crisis on Monday but stock, bond and commodity markets saw investors betting on deepening uncertainty and a sharp global downturn. ...  > full story
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Fed to boost auctions, pay interest on reserves

WASHINGTON, Oct. 6, 2008 (Reuters) — The Federal Reserve on Monday announced a series of steps to funnel massive amounts of liquidity through clogged credit markets, including boosting the sizes of cash auctions and offering banks interest on reserves. ...  > full story
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Strong Tibet quake kills at least 30: report

BEIJING, Oct. 6, 2008 (Reuters) — A magnitude 6.6 earthquake killed at least 30 people in Tibet on Monday with a number of people buried in debris, Xinhua news agency said. ...  > full story
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U.S. to allies: Fight in Afghanistan or write check

WASHINGTON, Oct. 6, 2008 (Reuters) — The United States has asked Japan and NATO allies who have refused to send troops to Afghanistan to pay the estimated $17 billion needed to build up the Afghan army, according to U.S. defense officials. ...  > full story
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World News

Afghan war cannot be won militarily: U.N.

KABUL, Oct. 6, 2008 (Reuters) — The war in Afghanistan cannot be won militarily and success is only possible through political means including dialogue between all relevant parties, the United Nations' top official in the country said Monday. ...  > full story

U.S. won't allow Israeli attack on Iran: TV report

JERUSALEM, Oct. 6, 2008 (Reuters) — The United States will not permit Israel to attack Iran's nuclear program as long as American troops are stationed in Iraq, an Israeli television report quoting unnamed diplomatic sources said on Monday. ...  > full story

Thai protesters besiege parliament ahead of PM speech

BANGKOK, Oct. 6, 2008 (Reuters) — More than 5,000 anti-government protesters besieged Thailand's parliament on Tuesday, vowing to disrupt Prime Minister Somchai Wongsawat's maiden policy speech in a bid to revive their flagging street campaign. ...  > full story

U.S. warns Syria against interfering in Lebanon

WASHINGTON, Oct. 6, 2008 (Reuters) — The United States voiced concern over Syria's military build-up at its northern border and said the recent massive bomb attack in Damascus must not be used as a pretext to get its forces back into Lebanon. ...  > full story

Politics

Biden cancels campaign events for another two days

WILMINGTON, Del, Oct. 6, 2008 (Reuters) — With a month to go before the U.S. election on November 4, Democratic vice presidential nominee Joe Biden canceled campaign events for another two days on Sunday after the death of his mother-in-law. ...  > full story

Bush welcomes House approval of bailout bill

WASHINGTON, Oct. 3, 2008 (Reuters) — President George W. Bush welcomed the passage of a $700 billion financial rescue package by the House of Representatives on Friday and promised to sign the bill into law as soon as he receives it. ...  > full story

Majority of House votes for bailout; vote continues

WASHINGTON, Oct. 3, 2008 (Reuters) — A majority of the House of Representatives on Friday has voted in favor of a $700 billion financial industry bailout bill. ...  > full story

House begins vote on passage of bailout bill

WASHINGTON, Oct. 3, 2008 (Reuters) — The House of Representatives on Friday began voting on final passage of a $700 billion Wall Street bailout bill. ...  > full story

Business

Tax rule change may spur bank deals, experts say

NEW YORK, Oct. 6, 2008 (Reuters) — A recent change in U.S. tax rules that determine how a buyer treats a target bank's losses on loans and bad debts could spur more deals in the troubled sector. ...  > full story

Fed, Treasury mulling commercial paper support

WASHINGTON, Oct. 6, 2008 (Reuters) — The U.S. Treasury Department and the Federal Reserve are considering additional steps to support strained commercial paper markets, a source familiar with the discussions said on Monday. ...  > full story

Fed give OK to Mitsubishi, Morgan Stanley deal

WASHINGTON, Oct. 6, 2008 (Reuters) — The Federal Reserve on Monday gave its approval for Mitsubishi UFJ Financial Group, Inc. <8306.T> to acquire up to 24.9 percent of the voting shares of Morgan Stanley . ...  > full story

Bill Gates fund reports stake in Strategic Hotels

WASHINGTON, Oct. 6, 2008 (Reuters) — Billionaire Bill Gates's Cascade Investment on Monday reported a 5.6 percent active stake in Strategic Hotels & Resorts Inc . ...  > full story

Science

Asteroid to burn up before hitting Earth

WASHINGTON, Oct. 6, 2008 (Reuters) — A tiny asteroid discovered earlier Monday by an Arizona observatory will hit Earth's atmosphere over Sudan in a few hours but will burn up before it can hit the ground or endanger aircraft, astronomers said. ...  > full story

Safer prenatal Down's syndrome test found in U.S

WASHINGTON, Oct. 6, 2008 (Reuters) — A prenatal blood test can be used to determine if an unborn baby has Down's syndrome without the small risk to the fetus posed by invasive testing methods such as amniocentesis, U.S. researchers said on Monday. ...  > full story

ADHD drugs cut risk of drug abuse, smoking: study

CHICAGO, Oct. 6, 2008 (Reuters) — Girls who take stimulants to treat attention deficit hyperactivity disorder are less likely than others with the condition to start smoking or to abuse alcohol or drugs, U.S. researchers said on Monday. ...  > full story

NASA spacecraft zooms above surface of Mercury

WASHINGTON, Oct. 6, 2008 (Reuters) — A car-sized NASA spacecraft zoomed above the surface of Mercury on Monday, viewing rocky terrain never before seen up close on our solar system's sun-baked innermost planet, scientists said. ...  > full story

Entertainment

Mohammad wife novel released early in U.S. after fire

NEW YORK, Oct. 6, 2008 (Reuters) — A controversial novel about the Prophet Mohammad's child bride was rushed to U.S. stores on Monday, nine days ahead of schedule, after the office of the book's British publisher was attacked. ...  > full story

Dissident North Korean plays "Amazing Grace" in U.S.

WASHINGTON, Oct. 6, 2008 (Reuters) — A dissident North Korean pianist played "Amazing Grace" at the U.S. State Department on Monday at a recital designed to dramatize North Korean human rights abuses without upsetting delicate nuclear negotiations. ...  > full story

Tina Fey signs book deal said worth millions

NEW YORK, Oct. 6, 2008 (Reuters) — Comedian, Emmy-winning TV star and Sarah Palin-lookalike Tina Fey has signed a book deal with Little, Brown Book Group, the company said on Monday, confirming a deal media reports said was worth millions. ...  > full story

Latest Russian blockbuster fits Kremlin script

MOSCOW, Oct. 6, 2008 (Reuters) — Russia's latest blockbuster film hopes to woo big foreign audiences with an epic tale of doomed love set amid the chaos of the Russian Civil War; its politics conveniently chime with a Kremlin-sponsored mood of patriotism. ...  > full story

Sports

Giants receiver Burress back from suspension without regrets

NEW YORK, Oct. 6, 2008 (Reuters) — Unbeaten Super Bowl champion New York Giants, who walloped the Seattle Seahawks 44-6 on Sunday, have receiver Plaxico Burress back after his two-week ban. ...  > full story

Westbrook fractured two ribs against Redskins

PHILADELPHIA, Oct. 6, 2008 (Reuters) — Philadelphia Eagles running back Brian Westbrook fractured two ribs in the 23-17 defeat by the Washington Redskins. ...  > full story

Packers coach defends injured Rodgers

NEW YORK, Oct. 6, 2008 (Reuters) — Green Bay Packers coach Mike McCarthy defended the injured Aaron Rodgers on Monday after the team suffered its third successive defeat. ...  > full story

Bucs Griese doubtful for Sunday

TAMPA, Florida, Oct. 6, 2008 (Reuters) — Tampa Bay Buccaneers quarterback Brian Griese is an injury doubt for Sunday's game against the Carolina Panthers. ...  > full story
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