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Turkey Steps up New Campaign Against PKK in Northern Iraq

Deutsche Welle | Mon Oct 06, 2008 13:40 EST
Turkish warplanes bombed suspected Kurdish Workers' Party (PKK) positions in northern Iraq on Monday, Oct. 6, three days after a PKK attack on a border post killed 15 Turkish soldiers.

Bus driver arrested in California crash that killed 8

CBC Lead Headline (World) | Mon Oct 06, 2008 13:40 EST
The driver of a casino-bound charter bus that crashed and killed eight people in northern California has been arrested on suspicion of driving under the influence of drugs, police said Monday. more

At least 27 dead in Sri Lanka suicide blast

CBC Lead Headline (World) | Mon Oct 06, 2008 13:30 EST
A suspected Tamil separatist suicide bomber triggered a blast that claimed at least 27 lives in northern Sri Lanka on Monday, among them a celebrated former army general and his wife. more

That Sinking Feeling

FOXNews Lead Headline | Mon Oct 06, 2008 13:20 EST
URGENT: Dow dives 580 points as Wall Street reacts to global markets collapse on fears of spreading credit crisis, bitter Citi vs. Wells Fargo battle for Wachovia

European Leaders Commit to Tackling Financial Crisis

Deutsche Welle | Mon Oct 06, 2008 13:20 EST
European Union leaders will take "all the necessary steps" to ensure the stability of the bloc's financial system and protect citizens' savings, an EU statement said Monday, Oct. 6.

U.S. 'milkshake murderer' loses appeal in Hong Kong

CBC Lead Headline (World) | Mon Oct 06, 2008 13:20 EST
An American woman serving a life sentence for killing her husband in Hong Kong lost an appeal of her murder conviction Monday. more

Market Mayhem

FOXNews Lead Headline | Mon Oct 06, 2008 12:30 EST
URGENT: Citi vs. Wells Fargo battle for Wachovia plus global market meltdown sends Dow tumbling nearly 500 points, dipping below 10,000 for first time in four years

Global financial turmoil hard on world's poor: UN agency

CBC Lead Headline (World) | Mon Oct 06, 2008 12:30 EST
The UN High Commissioner for Refugees warned Monday that financial turmoil around the world is taking a toll on refugees and internally displaced people. more

Financial crisis shows wealth a 'house built on sand': Pope

CBC Lead Headline (World) | Mon Oct 06, 2008 12:30 EST
The economic meltdown being felt in nations around the world shows how fleeting modern materialism is, Pope Benedict said Monday. more

Indonesia's Mount Soputan erupts again

CBC Lead Headline (World) | Mon Oct 06, 2008 12:10 EST
One of Indonesia's most active volcanoes erupted Monday, spewing flames and clouds of smoke up to a kilometre into the sky. more

Oh, It's Gettin' Ugly

FOXNews Lead Headline | Mon Oct 06, 2008 11:50 EST
McCain, Obama camps trade accusations of mudslinging as new ads dredge up events from 20, 30, even 40 years ago

Earthquakes shake Tibet

CBC Lead Headline (World) | Mon Oct 06, 2008 11:50 EST
A pair of earthquakes struck Tibet on Monday, killing at least 30 people, according to China's official Xinhua News Agency. more

China cracks down on milk producers

CBC Lead Headline (World) | Mon Oct 06, 2008 11:50 EST
China's dairy industry suffers from chaotic production and lax oversight, the government said on Monday as it announced toughened rules following the tainted milk scandal. more

Turkish warplanes continue airstrikes on Kurd rebels in Iraq

CBC Lead Headline (World) | Mon Oct 06, 2008 11:00 EST
The Turkish military launched airstrikes against suspected Kurdish rebels in northern Iraq on Monday, three days after 15 Turkish soldiers were killed in a Kurdish cross-border attack. more

Wall Street Sinks More Than 500 Points

CBS News | Mon Oct 06, 2008 10:50 EST
$700B Bailout Fails To Ease Worries As Dow Jones Drops Below 10,000 For First Time In 4 Years

Dow falls below 10,000

CNN Lead Headline | Mon Oct 06, 2008 10:50 EST
Stocks tumbled today, with the Dow falling below 10,000 for the first time in nearly four years. The Dow was off more than 500 points at one point. The selloff came despite Friday's signing of a historic $700 billion bailout bill for U.S. financial institutions. European governments also are rushing to prop up failing financial firms, underscoring the global reach of the credit crunch, CNNMoney reports. developing story

Wall Street Sinks More Than 400 Points

CBS News | Mon Oct 06, 2008 10:40 EST
$700B Bailout Fails To Ease Worries As Dow Jones Drops Below 10,000 For First Time In 4 Years

Financial crisis pummels stocks

BBC Lead Headline | Mon Oct 06, 2008 10:40 EST
Stock markets plummet around the world as investors worry about the growing level of financial turmoil.

Wall Street Tumbles Amid Global Sell-Off

CBS News | Mon Oct 06, 2008 10:30 EST
$700B Bailout Fails To Ease Worries As Dow Jones Drops Below 10,000 For First Time In 4 Years

EBay axes 1,000 jobs, buys 3 companies

CBC Lead Headline (World) | Mon Oct 06, 2008 10:30 EST
Online auction giant eBay Inc. said Monday it was cutting about 1,000 permanent employees, reducing its workforce by about 10 per cent. more

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