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This edition was generated on Tue Mar 18 08:45:01 EDT 2008
WASHINGTON - The Federal Reserve is expected to aggressively lower interest rates in its intensified battle against the credit crisis and spreading economic weakness. The question is whether all of the effort will turn the tide.
ALBANY, N.Y. - With his predecessor's term doomed by a sex scandal, brand-new Gov. David Paterson tried to come clean about his own skeletons just hours after assuming office by acknowledging a years-old affair.
HOUSTON - Now that the space station's new robot is fully assembled, astronauts prepared to attach the giant machine directly to the orbiting outpost for the first time on Tuesday.
SEATTLE - A major package of updates and security fixes for Microsoft Corp.'s Windows Vista operating system will be available for download Tuesday, according to Amazon.com Inc.'s Web site.
LOS ANGELES - Sean "Diddy" Combs has denied a report by the Los Angeles Times that his associates were responsible for the 1994 robbery and shooting of Tupac Shakur at a New York recording studio, and that he knew about the attack in advance.
DAYTON, Ohio - The NCAA men's basketball tournament begins tonight with the play-in game between Coppin State and Mount St. Mary's.
WASHINGTON/LONDON (Reuters) - The U.S. Federal Reserve is expected to slash interest rates by as much as a whole percentage point at its policy meeting later on Tuesday as investors warily await investment bank results that could aggravate fears of a full-blown markets crisis.
BEIJING (Reuters) - China accused the Dalai Lama on Tuesday of orchestrating Tibetan riots to wreck Beijing's Olympic Games, but the exiled spiritual leader denied the charge and vowed to stand down if the violence spiraled out of control.
PHILADELPHIA (Reuters) - Presidential candidate Barack Obama will seek to quell a controversy over inflammatory rhetoric by his former pastor in a speech on Tuesday on the issue of race.
MOSCOW (Reuters) - Basic disagreements remain between Moscow and Washington over U.S. plans for a missile defence shield, the Interfax news agency reported on Tuesday, quoting a source close to talks between the two countries' foreign and defense ministers.
BAGHDAD (Reuters) - A conference to reconcile Iraq's warring political groups began to unravel even before it got under way on Tuesday, with the main Sunni Muslim Arab bloc pulling out and protesting it had not been properly invited.
WASHINGTON (Reuters) - The U.S. Supreme Court considers on Tuesday a landmark legal battle over gun rights, taking up for the first time in nearly 70 years whether Americans have the right to keep and bear arms.
WASHINGTON (Reuters) - U.S. home building projects started in February fell by 0.6 percent to a higher-than-expected annual rate while building permit activity, a sign of future construction plans, dropped off 7.8 percent, a government report on Tuesday showed.
LOS ANGELES (Reuters) - The Los Angeles Times has linked two former associates of rap mogul Sean "Diddy" Combs to a 1994 assault on singer Tupac Shakur and suggested Combs knew of the attack in advance. Combs called the story "a lie."
DHARAMSHALA, India (AFP) - The Dalai Lama vowed Tuesday he would resign as leader of Tibet's exiles if violence back home worsened, just hours before his aides said 19 people were killed in new demonstrations.
LONDON (AFP) - World stock markets rallied sharply on Tuesday before a widely expected sharp cut in US interest rates by the Federal Reserve to fight the global credit crisis which sank Bear Stearns, dealers said.
WASHINGTON (AFP) - Democrat Barack Obama was expected Tuesday to take on directly the testy issue of race in politics in a major address aimed at distancing himself from the inflammatory statements by his former pastor.
PARIS (AFP) - Rogue trader Jerome Kerviel was freed on bail Tuesday while French investigators continue their probe into his role in the biggest ever bank trading scam, the prosecutor's office said.
GENEVA (AFP) - Iraqis are still fleeing their country five years after the US-led invasion and top the list of asylum seekers in the industrialised world, the UN refugee agency said Tuesday.
BEIJING (AFP) - Taming inflation while ensuring steady economic growth is China's top priority, but mounting pressures will make targets hard to achieve, Premier Wen Jiabao told reporters on Tuesday.
WASHINGTON (AFP) - The US Federal Reserve could cut interest rates by as much as one percentage point on Tuesday in a drastic effort to halt a mushrooming financial crisis, analysts say.
BAGHDAD (Reuters) - U.S. Vice President Dick Cheney on Monday declared the 2003 U.S.-led invasion of Iraq a "successful endeavor" in a visit to Iraq that was overshadowed by a suicide bombing that killed at least 25 people.
LOMBARD, Illinois (Reuters) - The housing crisis and credit crunch may end the American dream of property ownership for millions of people, but for landlords seeking bargain investment properties the market is looking up.
MITROVICA, Kosovo (Reuters) - NATO troops were left holding the line against a hostile Serb population in north Kosovo on Monday after riots forced the pullout of United Nations police and civilian staff.
NEW YORK (Reuters) - JPMorgan Chase & Co said on Sunday it would buy stricken rival Bear Stearns for just $2 a share in an all-stock deal that values the U.S. investment bank at the centre of the credit crisis at about $236 million.
WANA, Pakistan (Reuters) - Up to three missiles struck a house in a Pakistani region known as a safe haven for al Qaeda and Taliban militants on Sunday, killing 12 people including eight foreign militants, officials in the area said.
TAMPA, Fla. - Japanese right-hander Daisuke Matsuzaka will start Boston's regular-season opener against the Oakland Athletics in Tokyo on March 25.
WASHINGTON - Wholesale prices rose again in February as another hefty increase in energy costs offset falling food prices. Outside of food and energy, prices shot up at the fastest pace in 15 months.