Archive for December 10th, 2008

Scandal Is an Early Test for Obama Team

Written by on Wednesday, December 10th, 2008 in Latest News.

The Obama team is dealing with its first scandal in an era when media scrutiny and partisan attacks can escalate any flap into a serious political problem.

Original post by AFP and software by Elliott Back

‘Melo ties record with 33-point quarter (AP)

Written by on Wednesday, December 10th, 2008 in Latest News.

Carmelo Anthony had an simpler time matching the NBA record for points in a quarter than he did trying to figure it out. Anthony matched George Gervin’s NBA record with 33 points in the third and finished with a season-high 45 points in the Denver Nuggets’ 116-105 victory over the Minnesota Timberwolves on Wednesday night.

Original post by AFP and software by Elliott Back

China inflation drops as auto bailout uncertain (Reuters)

Written by on Wednesday, December 10th, 2008 in Latest News.

A resident pushes a bicycle toward a market in Beijing December 11, 2008. China's consumer price inflation fell to a 22-month low of 2.4 percent in November, giving the central bank free rein to cut interest rates further to offset an abrupt slump in the world's fourth-largest economy. (Jason Lee/Reuters)Reuters – Chinese consumer inflation slowed sharply as vanishing demand globally place heavy pressure on prices, while U.S. automakers took a huge step toward securing a bailout only to face another formidable obstacle.

Original post by Reuters and software by Elliott Back



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