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Wednesday, 7 Jan, 2009 - 12:16 pm Egypt floats truce plan after Gaza school deaths * GAZA (Reuters) - Israel and Hamas studied an Egyptian proposal for a ceasefire in the Gaza Strip on Wednesday that won immediate backing from the United States and Europe, hours after Israeli shells killed 42 Palestinians at a U.N. school.
Wednesday, 7 Jan, 2009 - 11:03 am Madoff victims may get some cash within a month: report * (Reuters) - Investors who lost money in Bernard Madoff's alleged $50 billion fraud might begin recovering some of their funds as soon as next month, Securities Investor Protection Corp, President Stephen Harbeck told Bloomberg in an interview.
Wednesday, 7 Jan, 2009 - 8:52 am Pakistani spy chief says no war with India * ISLAMABAD (Reuters) - The chief of Pakistan's powerful Inter-Services Intelligence (ISI) agency has said there will not be a war with India over November's militant attacks on the Indian city of Mumbai, Der Spiegel reported. Lieutenant-General Ahmed Shujaa Pasha told the German magazine in an interview terrorism, not India, was Pakistan's enemy, and he said he took orders from the civilian president.
Wednesday, 7 Jan, 2009 - 12:19 pm Russian gas flow halted through Ukraine to Europe * MOSCOW/KIEV (Reuters) - Russian gas supplies to Europe through Ukraine shut down completely Wednesday, leaving growing numbers of European Union member states without Russian fuel in freezing mid-winter temperatures.
Wednesday, 7 Jan, 2009 - 11:06 am Cambodians mark 30 years since fall of Pol Pot * PHNOM PENH (Reuters) - Thousands of Cambodian survivors of the Khmer Rouge "Killing Fields" marked 30 years Wednesday since the fall of Pol Pot's ultra-Maoist regime, blamed for the deaths of 1.7 million people.
Wednesday, 7 Jan, 2009 - 8:46 am Apartment rents show first decline in over 5 years * BOSTON (Reuters) - Average rents for U.S. apartments fell in the fourth quarter, as a sharp economic downturn and rising unemployment left Americans unwilling to pay higher prices, according to data released on Wednesday.
Wednesday, 7 Jan, 2009 - 11:14 am Germany adds to global job woes * LONDON/BERLIN (Reuters) - Germany posted its first rise in unemployment in almost three years on Wednesday, a day after the global economic downturn forced U.S. aluminum giant Alcoa to announce 15,000 job cuts and slash output.
Wednesday, 7 Jan, 2009 - 12:44 am Alcoa to slash jobs and sell 4 units * NEW YORK (Reuters) - Alcoa Inc said on Tuesday it would slash more than 15,000 jobs, halve capital spending and sell four businesses as it reduces aluminum production in the face of the global economic downturn.
Wednesday, 7 Jan, 2009 - 4:13 am Obama says deficit may approach $1 trillion * WASHINGTON (Reuters) - President-elect Barack Obama said on Tuesday he expects to inherit a U.S. budget deficit approaching $1 trillion and his administration would have to make some tough budget choices.
Tuesday, 6 Jan, 2009 - 11:03 pm Gates projects Pentagon needs $70 billion more for wars * WASHINGTON (Reuters) - U.S. Defense Secretary Robert Gates estimates the Pentagon will need about $70 billion more to pay for the wars in Iraq and Afghanistan this year, on top of the $65.9 billion already approved by Congress.
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