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 NEWS UPDATES
>Confidence Bounces; Hope on Housing 

>No Credible Threat to Obama's Life

>Taliban Put Squeeze on Kabul

>Fannie, Freddie Can Absorb Losses
>Dollar Hits Six Month High 

>Home Prices Decline; More Houses Bought 

________________

 

Note: we will publish at 8am this week

Tuesday, August 26, 2008
 
  
LEADING THE NEWS

Plot Suspected to Kill Obama on National TV . . . Four arrests in apparent conspiracy to shoot candidate with high powered rifle as he gives his acceptance speech. Los Angeles Times 
North Korea Talks Failing . . . Country threatens to restore plutonium facilities. New York Times
Michelle Obama Seeks to Redefine Herself . . . Convention speech designed to make country more comfortable with her and her husband. Wall Street Journal

POLITICS
Kennedy Addresses Democratic Convention . . . Dramatic gesture by stricken legend ignites emotions.
Boston Globe
Swing State Concerns . . . Democratic delegates from key battlegrounds have furrowed  brows amid the hoopla. Washington Post
Obama Plans to Use Government in a Big Way . . . Priorities would cost hundreds of billions and could require substantial increase in regulation. Wall Street Journal
Clinton to Address Convention Tonight . . . Seeking to mend fences and get her supporters behind Obama. Reuters
Republicans Not Content to Sit and Watch . . . Planning all kinds of things to draw attention. Dems will do the same during GOP convention. New York Times
NATIONAL SECURITY
Cheney to Travel to Georgia . . . Will show the U.S. flag next week in several former Soviet states. An unmistakable signal to the Russians. Washington Post
Suicide Bomber Kills More Than Two Dozen in Iraq . . . Strikes Crowd of Military Recruits. Reuters
BUSINESS NEWS
Financials Lead Dow Down 241 . . . Market buffeted by disappointing housing data, downbeat analysts, and worries about bellwether AIG. Wall Street Journal
Gulf Countries Staying Pegged to Dollar . . . Bid to de-link coming up short as currency rebounds.New York Times
Regulators Step Up Action Against Banks . . . Raise the number of struggling U.S. banks they have effectively put on probation. Reuters
HP Closing Purchase of Electronic Data Services . . . The $13.25 billion deal for EDS will vault HP to second place in technology services, behind IBM. Reuters
INTERNATIONAL
Pakistan Coalition Collapses  . . . Leaders turn sights on each other only a week after banding together to force resignation of Musharraf. New York Times
Russia Recognizes Ossetia, Abkhazia as Independent . . . Medvedev issues decree. Associated Press
American U.N. Envoy's Ties to Pakistani Questioned . . . Zalmay Khalilzad had numerous unauthorized contacts with Pakistani presidential contender Asif Ali Zardari. New York Times 
Thai Leaders Face Huge Protests . . . Prime minister's office stormed. BBC
Sudanese Troops Attack Darfur Refugee Camp . . . Many civilian deaths in clash at one of most heavily armed and volatile camps. Washington Post

YOU MUST ALSO KNOW . . .
Calif. Tobacco Control Program Saves Big Sums  Campaign has saved $86 billion in health care costs in its first 15 years. Reuters
Endangered Right Whales Getting Federal Help . . . Speed limits sought for commercial ships along Atlantic coast. Associated Press
Medicare Fraud Rate Higher Than Thought . . . Rate of improper payments in purchases of wheelchairs and other home equipment worse than estimated. Washington Post
New Hurricane Trolling Caribbean . . . Gustav assailing Haiti. Likely to strengthen into major storm. Reuters


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