North America – Bank of Canada trims Overnight rate by 25 BP to 0.25%; Canadian Dollar drops (The Forex Market)
Bank of Canada trims Overnight rate by 25 BP to 0.25%; Canadian Dollar drops (The Forex Market)
FXstreet.com (Barcelona) The Bank of Canada has decided, against expectations, to trim its Overnight rate by 25 basis points to 0.25% its lowest level ever. The Canadian Dollar has reacted down to the unexpected monetary policy decision.
Obama: Charges For Bush Officials Possible (CBS News)
President Barack Obama is leaving the door to open to possible prosecution of Bush administration officials who devised harsh terrorism-era interrogation tactics.
A Bid to Curb Profit Gambit as Banks Fall
A backlash against short sellers has begun, with regulators in the U.S. and Britain tightening rules and authorities in New York intensifying investigations.
National Briefing | Religion: Pittsburgh Bishop Is Ousted
An Episcopal bishop, whose diocese is moving toward splitting from the national church, was ousted from ministry.
Obama open to prosecution, probe of interrogations (Battle Creek Enquirer)
WASHINGTON President Barack Obama left the door open today to prosecuting Bush administration officials who devised the legal authority for gruesome terror-suspect interrogations, saying the United States lost our moral bearings with use of the tactics.
Pain Spreads as Credit Vise Grows Tighter
Lenders have become even less willing to part with their money, further crimping budgets and family spending.
California Bans Texting by Operators of Trains
After investigators said an engineer in last week s collision had been texting on the job, regulators temporarily banned the use of all cellular devices by anyone at the controls of a moving train.
Vast Bailout by U.S. Proposed in Bid to Stem Financial Crisis
Treasury and Fed officials were discussing with leaders in Congress a plan for the government to buy up distressed mortgages.
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