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This edition was generated on Tue Oct 7 08:45:01 EDT 2008
WASHINGTON - With panic tightening its grip on investors here and abroad, pressure was growing on the United States Tuesday to take further aggressive steps to stem the economic crisis and swiftly implement a $700 billion financial bailout.
WASHINGTON - Even when he thought no one was listening but his old friend Bill Allen, Sen. Ted Stevens repeatedly proclaimed his innocence in an Alaskan corruption investigation in between lectures on staying healthy and keeping out of prison on obstruction of justice charges.
CHICAGO - Using a fan to circulate air seemed to lower the risk of sudden infant death syndrome in a study of nearly 500 babies, researchers reported Monday. Placing babies on their backs to sleep is the best advice for preventing SIDS, a still mysterious cause of death.
LOS ANGELES - Misty May-Treanor is too hurt to keep dancing. The 31-year-old "Dancing with the Stars" contestant and Olympic gold medalist volleyball player appeared at the conclusion of Monday's show on crutches and with a cast on her left leg to announce that she's out of the popular ABC dancing competition after injuring herself while rehearsing Friday.
SAO PAULO, Brazil - More than 370 penguins that mysteriously washed up on Brazil's equatorial beaches were flown south on a huge air force cargo plane and released closer to the frigid waters they call home, animal advocates said Monday.
ST. PETERSBURG, Fla. - The American League Championship Series will be an all-East Division affair. The Boston Red Sox and Tampa Bay Rays closed out their respective division series in four games Monday and will square off beginning Friday in St. Petersburg. The National League Championship Series between the Philadelphia Phillies and the Los Angeles Dodgers starts Thursday in Philadelphia.
NASHVILLE, Tennessee (Reuters) - Democrat Barack Obama has a narrow 3-point lead in the U.S. presidential race on Republican John McCain less than a month before the election, according to a Reuters/C-SPAN/Zogby poll released on Tuesday.
REYKJAVIK/LONDON (Reuters) - Iceland sought an emergency bailout from Russia on Tuesday and the Russians unveiled an aid package for their own banks in the latest piecemeal responses to the global financial crisis.
LONDON (Reuters) - Britain will hold more talks with banks this week over a possible multi-billion pound injection of public funds, an industry source said as the credit crisis tightened its grip on Europe's main financial center.
STOCKHOLM (Reuters) - Two Japanese scientists and a Tokyo-born American shared the 2008 Nobel Prize for physics for discoveries in sub-atomic particles, the prize committee said on Tuesday.
SYDNEY/TOKYO (Reuters) - Australia stunned markets with its steepest interest cut in 16 years Tuesday and investors expected that other central banks would follow suit in a coordinated move to combat the global credit crisis.
CLEARWATER, Florida (Reuters) - Republican vice presidential nominee Sarah Palin told Florida's voters on Monday to expect "rough" campaigning as she seeks to halt a slide in opinion polls in a state that could make or break Sen. John McCain's White House bid.
SEOUL (Reuters) - South Korea's foreign minister played down on Tuesday the notion that North Korea delivered an ultimatum when it held talks last week with a visiting U.S. envoy who was trying to save a floundering nuclear disarmament deal.
KABUL (Reuters) - Britain's military commander and ambassador in Afghanistan are being "defeatist" by thinking the war cannot be won, U.S. Defense Secretary Robert Gates said, as Washington seeks more troops for the conflict that started exactly seven years ago.
LONDON (AFP) - World stock markets stabilised Tuesday despite a tumbling banking sector across Europe, as Asia pulled back from the brink on the prospect of cuts to global interest rates, dealers said.
NASHVILLE, Tennessee, (AFP) - Republican John McCain questioned Barack Obama's character, and the Democrat pressed his foe's alleged weakness on economic issues, as tempers escalated ahead of Tuesday's presidential debate.
BANGKOK (AFP) - Thai police fired tear gas Tuesday to try to disperse anti-government protesters blocking parliament, injuring 116 people as months of political turmoil boiled over, police and medics said.
ROME (AFP) - The UN food agency cast doubt Tuesday on the potential of biofuels to help reduce greenhouse gas emissions while warning that their development threatens food security.
STOCKHOLM (AFP) - Makoto Kobayashi and Toshihide Maskawa of Japan and Yoichiro Nambu of the United States won the 2008 Nobel Physics Prize Tuesday for groundbreaking theoretical work in fundamental particles.
REYKJAVIK (AFP) - The Icelandic government said Tuesday it had taken control of the country's second largest bank, Landsbanki, as the island's financial sector tottered on the verge of collapse.
TOKYO (AFP) - The financial crisis will delay Japan's economic recovery but coordinated global interest rate cuts are not the answer, the country's top central banker said Tuesday.
LONDON (Reuters) - Scientists have discovered a gene mutation linked to the most common cause of blindness in the developed world, holding out the prospect of better treatments and perhaps eventually a cure.
REYKJAVIK/LONDON (Reuters) - Iceland sought an emergency bailout from Russia on Tuesday and the Russians unveiled an aid package for their own banks in the latest piecemeal responses to the global financial crisis.
NEW YORK (Reuters) - Bank of America Corp, citing "recessionary conditions," on Monday halved its dividend and said it would sell at least $10 billion in new common stock to bolster its capital to offset rising loan losses.
BOSTON - The Boston Red Sox brushed aside the 100-win Angels in four games, dismissing their best-in-baseball regular season as last month's news.
SEOUL, South Korea - Asian stocks were mixed Tuesday as a big interest rate cut in Australia helped spur recoveries in several regional markets, sparking hopes that other central banks will lower rates to help loosen the global credit crunch.