In Monday's Americas papers

24 September 2007 12:19  [Source: ICIS news]


Front Page 


Which way is scarier?

The Federal Reserve cut interest rates last week in order to address a pressing concern: The risk of recession and of a breakdown in credit markets.


Blackwater shooting crisis rallies Baghdad

An escalating controversy over the alleged shooting of Iraqi civilians by a US security firm has triggered the strongest challenge yet to legal immunity for some foreigners in Iraq, while providing a rare rallying cry for the country's polarised factions.


Money & Investing


Stocking up on slump-resistant picks

The housing downturn, credit crunch, gloomy employment data and a parade of maudlin financial forecasts have been enough to send some investors scrambling for bubble gum and beer.


Dollar should hold its own against yen

The Federal Reserve's decision to cut interest rates will continue to weigh heavily on the dollar this week but economic concerns hitting rival currencies will stave off deeper declines for the US currency.




Front Page


Graft in US Army contracts spread from Kuwait base

On the fourth Sunday in July, John Lee Cockerham was here in his hometown for the baptism of his twin sons.


Auto workers set strike deadline in talks with GM

The United Automobile Workers union, in an unexpected move late Sunday night, set a strike deadline of this morning in negotiations with General Motors.


Business Day


Company will monitor phone calls to tailor ads

Companies like Google scan their e-mail users’ in-boxes to deliver ads related to those messages. Will people be as willing to let a company listen in on their phone conversations to do the same?


Buy a laptop for a child, get another laptop free

One Laptop Per Child, an ambitious project to bring computing to the developing world’s children, is reaching out to the public through an interesting marketing campaign.



Front Page 


US aims to lure insurgents with "bait"

US military snipers in Iraq have targeted suspected insurgents by scattering pieces of "bait," such as detonation cords, plastic explosives and ammunition, and then killing Iraqis who pick up the items, according to military court documents.


Giuliani's rhetoric on terror contrasts with his record

As Rudolph Giuliani campaigns for president, he rarely misses a chance to warn about the threat from terrorists. "They hate you," he told a woman at an Altanta college. They "want to kill us," he told guests at a Virginia luncheon.




Contractor blamed in DHS data breach

The FBI is investigating a major information technology firm with a $1.7bn Department of Homeland Security contract after it allegedly failed to detect cyber break-ins and then tried to cover up its deficiencies, investigators say.


Bloomingdale's readies for friendship heights

Chain plans to open this week in Friendship Heights, helping to anchor a shopping district that developers and local officials hope is becoming DC's Fifth Avenue.



Front Page 


Myanmar protests grow

As many as 100,000 anti-government protesters led by a phalanx of Buddhist monks marched Monday through Yangon, the largest crowd to demonstrate in Myanmar's biggest city since a 1988 pro-democracy uprising that was brutally crushed by the military.


Liberals stay mum on Throne Speech

Liberal leader Stephane Dion, still smarting from last week's by-election losses in Quebec, says he's undecided about whether his party will vote to defeat the Harper government by opposing its upcoming fall Throne Speech.




Ottawa faces hit on higher royalties

Proposed changes to Alberta's oil and gas royalty regime could substantially reduce Ottawa's federal income tax take by hundreds of millions of dollars, potentially setting the stage for a renewed struggle between federal and provincial governments over how revenues from energy projects are allocated in Canada.


Sharia-bank bids trigger concerns

Ottawa has received its first applications to start up Canadian banks operating within the strictures of Islamic religious law - financial institutions that, if approved, would be among the first in the west.




Front Page 


Iran showdown brewing

President Nestor Kirchner yesterday asked Iran to answer petitions for arrests and information in connection with the 1994 bombing of the AMIA Jewish cultural centre, despite Tehran’s warning that such a demand would ally Argentina with countries supporting war against Iran.


Fujimori in Peru to stand trial

Former Peruvian president Alberto Fujimori returned to Lima yesterday to face charges of corruption and sanctioning death-squad killings, a grim homecoming for the strongman who fled the country seven years ago as his government collapsed in scandal.


By: Staff Reporter
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