Cut to the News

Thursday, August 21, 2008

LEADING THE NEWS

Russia Moves to Sever Abkhazia, Ossetia . . . Plans major troop presence in Georgian regions. Will recognize their independence. Wall Street Journal
Airliner Crash in Madrid Kills Over 150 . . . Goes down soon after takeoff. Fire seen in engine. BBC
U.S., Iraq Reach Deal on U.S. Troop Presence . . . U.S. forces to withdraw from cities by summer. Goal is to leave country by 2011. Wall Street Journal

POLITICS

Obama Goes NASCAR . . . Tours South with big American flag and race car in tow for use as backdrops. Challenging McCain on GOP turf. USA Today
Rep. Stephanie Tubbs Jones Dies at 58 . . . Cleveland congresswoman chaired Ethics Committee. Washington Post
Obama Gets Down to the Nitty Gritty . . . Shifts from sweeping rhetoric to focus on everyday economic concerns.
New York Times
Giuliani to be Keynote Speaker at GOP Convention . . . Former Democratic VP candidate Lieberman will also have starring role. USA Today
Biden Getting the Latest Veep Buzz . . . Would help Obama with experience deficit. Candidate to appear with pick Saturday. Associated Press
McCain Erases Obama Edge With Swing Voters . . . Viewed more favorably than before on economy. Washington Times

NATIONAL SECURITY

Iraqi Government Fails to Absorb Sunni Militias May disarm them. Could harm U.S. strategy. McClatchy
The Chase to Find the Anthrax Killer . . . New techniques led to flask in Bruce Ivins' lab. But almost a hundred other people had access to the cultures. New York Times
Blast Hits Pakistan Arms Factory . . . Twin Suicide bombings kill dozens. BBC

BUSINESS NEWS

A Few Speculators Drive Oil Market . . . Regulators find speculators playing much larger role than thought. Washington Post
Cuomo Intensifies Auction-Rate Debt Probe . . . Bank of America Corp, Goldman Sachs and Deutsche Bank AG added to list of those who may have deceived investors. Reuters
Fannie, Freddie Shares Continue Free Fall . . . Treasury backs away from assurance it won't have to bail them out.
Financial Times
Dollar Rally Halts . . . Fresh concerns about health of U.S. financial system. Financial Times

INTERNATIONAL

Russia Mostly Staying Put in Georgia . . . Signs it used banned cluster bombs. Furious at U.S.-Poland missile deal.New York Times
Hua Guofeng Dies . . . Led China briefly after Mao before being pushed aside by Deng Xiaoping. New York Times
Nigeria Military Chiefs Dismissed . . . Country has been plagued by mililtary coups. BBC

YOU MUST ALSO KNOW . . .

U.S. Pair Wins Women's Beach Volleyball Gold . . . For the second time. Streak of 108 wins stretches back a year. USA Today
Bolt Dashes to World Record in 200 . . . Jamaican sprinter adds to record performance in 100. New York Times
Take Me Out to the Ballgame . . . to get drunk. Study shows you can keep right on buying even if you look soused. Chicago Tribune
Fay Still Hanging Around . . . Will drench Florida a third time. Reuters
Protein Identified That Burns Fat . . . When given to mice, at least. Guardian
Weakened, Lost Baby Whale to be Euthanised . . . Had been trying to suckle boats in search for its mother. Associated Press

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