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List of countries banning Chinese milk products grows

CBC Lead Headline (World) | Tue Oct 07, 2008 10:30 EST
Melamine contamination has been found in 23 milk products imported into Vietnam from China, officials said Tuesday, intensifying consumer worries about tainted milk products. more

Trial of B.C. teacher begins in Thailand

CBC Lead Headline (World) | Tue Oct 07, 2008 10:20 EST
Former B.C. teacher Christopher Paul Neil appeared in court in Thailand on Tuesday to begin his trial on charges of abusing a nine-year-old boy. more

Pentagon Denies Iran Force-Down

FOXNews Lead Headline | Tue Oct 07, 2008 10:10 EST
URGENT: Iran corrects itself, says plane forced to land not U.S. military aircraft, but that five senior U.S. officials were on board

EU raises minimum bank deposit guarantee

CBC Lead Headline (World) | Tue Oct 07, 2008 10:10 EST
The European Union will raise its minimum bank deposit guarantee in a co-ordinated response to the global financial crisis, EU finance ministers announced on Tuesday. more

Fed Takes Action

FOXNews Lead Headline | Tue Oct 07, 2008 10:00 EST
Federal Reserve to buy up massive amounts of short-term debt in dramatic move to break credit log jam, open borrowing access to cash-strapped businesses

Wall Street Jumps Back Over 10,000

CBS News | Tue Oct 07, 2008 09:50 EST
After Monday's Record Dip, Market Opens Higher

Anti-Obama author to be deported from Kenya

CBC Lead Headline (World) | Tue Oct 07, 2008 09:50 EST
The U.S. author of a book critical of Barack Obama book will be deported by Kenyan authorities before he can launch his book in the African country. more

Thai army deployed to quell protests

ABC Australia - World Lead | Tue Oct 07, 2008 09:50 EST
Thailand has deployed troops to quell anti-government protests in Bangkok that have left at least 278 people hurt as months of political turmoil boiled over into violence, officials said. More

The Fed's bold move

CNN Lead Headline | Tue Oct 07, 2008 09:40 EST
The Federal Reserve today announced a new program to help the battered market for short-term business loans -- taking its closest step yet to lending directly to businesses. The program addresses commercial paper, a form of short-term funding that is crucial to many businesses operations. Stocks opened higher today after the Fed's announcement. developing story

German cabinet votes to extend Afghan mission: official

CBC Lead Headline (World) | Tue Oct 07, 2008 09:40 EST
German Chancellor Angela Merkel and her cabinet voted on Tuesday to extend the country's participation in a NATO-led military mission in Afghanistan for 14 months, a government official said. more

Montreal woman pleads guilty to U.S. telemarketing fraud

CBC Lead Headline (World) | Tue Oct 07, 2008 09:40 EST
A Canadian woman has pleaded guilty in New Hampshire to defrauding elderly Americans in an international telemarketing scheme. more

Interest Rate Cut Boosts World Markets

CBS News | Tue Oct 07, 2008 08:50 EST
Australia Slashes Key Rate 1 Percent; Asian Markets Buoyed, But Europe Remains Jittery

U.S. judge orders RealNetworks to pull copying software

CBC Lead Headline (World) | Tue Oct 07, 2008 08:30 EST
RealNetworks Inc. said Monday it had temporarily stopped distributing its DVD copying software, RealDVD, at a federal judge's request in a copyright case brought by Hollywood studios. more

Signs of hope

CNN Lead Headline | Tue Oct 07, 2008 08:20 EST
A Wall Street comeback may be in the making today. Futures are trading higher, international markets show signs of stability and there are reports the government is planning a bold move to loosen credit markets, CNNMoney reports. Investors are hoping to do better than Monday, when concerns about the credit crisis caused a selloff around the world. The Dow closed below 10,000 for the first time in nearly 4 years, down nearly 370 points.

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