In Friday's Americas papers

23 November 2007 11:03  [Source: ICIS news]

THE WALL STREET JOURNAL

Front Page

Pakistan alerted US it planned emergency rule
As his government battled democracy protesters and an Islamist insurgency, Pakistani President Pervez Musharraf startled his countrymen this month by imposing emergency rule and jailing thousands of opponents. The move wasn't a surprise to the US.

Investors shed stocks on fears of a slowdown
In their intensifying search for havens, investors are bidding up Treasury securities and thumbing their noses at just about everything else, from stocks to municipal bonds to government-sponsored enterprises.

SIV-plan founders to seek more support for superfund
The three big banks assembling a plan aimed at thawing credit markets are expected next week to start soliciting their industry brethren to pitch in with the effort, according to people familiar with the situation.

Money & Investing

Bond insurer CIFG to receive capital
In the first sign of relief for the troubled bond insurance industry, financial guarantor CIFG Holding said it will receive a $1.5bn capital injection from controlling shareholders of its French parent so it can preserve its imperiled "triple-A" credit rating.

Why Freddie's loss didn't clear the air
Freddie Mac earlier this week reported a $2.03bn loss for the third quarter and jacked up its provisions for loan losses. But that doesn't mean all the potential bad news is out.

Why Whole Foods investors may want to shop around
Whole Foods Market investment story is a lot like the goods on its shelves: Pricey, but so compelling that people keep going back.

THE NEW YORK TIMES

Front Page

Careers give India’s women new independence
Not long ago, an Indian woman, even a working Indian woman, would almost always have moved from her parents’ house to her husband’s. Perhaps her only freedom would be during college, when she might live on campus or take a room for a year or two at what is known here as the working women’s hostel.

Europe fears that meth foothold is expanding
The methamphetamine epidemic is not just a scourge of the American heartland. It has a powerful foothold here in the heart of Central Europe. Home meth labs are sprouting up all over the country to produce this cheap, potent drug using the pseudoephedrine found in common cold medications.

Business Day

Megachurches add local economy to their mission
In Anchorage early in October, the doors opened onto a soaring white canvas dome with room for a soccer field and a 400-meter track. Its prime-time hours are already rented well into 2011.

Insurers shift cost burdens to homeowners
Charles Williams stood near the glass sliding doors in his home south of Miami and pointed out parts of the ceiling and walls that had crumpled after Hurricane Andrew ripped open the roof 15 years ago.

THE WASHINGTON POST

Front Page

Cellphone tracking powers on request
Federal officials are routinely asking courts to order cellphone companies to furnish real-time tracking data so they can pinpoint the whereabouts of drug traffickers, fugitives and other criminal suspects, according to judges and industry lawyers.

From hopeful to helpless at a protest in Lebanon
Squalls of rain lashed the offices of Carmen Geha and other young activists. Thunder rolling off the Mediterranean provided a cadence to their work. The weather was a little like politics this week in Lebanon - turbulent and baleful. And Geha, optimistic against the odds, was determined to provide a glimmer of hope.

Business

Tech's tough times unlike previous bust
Despite a downturn for technology stocks, online revenue gives companies a cushion, analysts say.

OPM rule may keep employees on base
Federal agencies may offer bonuses in effort to retain experienced employees, according to a new rule issued by the Office of Personnel Management.

GLOBE AND MAIL, Canada

Front Page

Pakistan calls suspension 'unreasonable and unjustified'
Pakistan's military ruler faced new challenges Friday after an opposition party said its exiled leader would make another attempt to return home and the Commonwealth suspended the country's membership until it restores democracy.

Passenger ship sinking in Antarctic
More than 150 passengers and crew took to lifeboats in Antarctic waters on Friday after their cruise ship hit an object and began to sink, Britain's Coast Guard said.

Business

Ford warns Ottawa not to sign with South Korea
Ford may redirect future investment away from Canada if Ottawa concludes a free-trade deal with South Korea that doesn't open up that country to auto imports, the company's top Canadian executive said yesterday.

Consider a continental currency: Jarislowsky
Canada should replace its dollar with a North American currency, or peg it to the US greenback, to avoid the exchange rate shifts the loonie has experienced, renowned money manager Stephen Jarislowsky told a parliamentary committee Thursday.

Subscribers' note: There are no news updates available from the Buenos Aires Herald today due to a fault with the newspaper's website.

By: Staff Reporter
+44 20 8652 3214

< previous article(VIDEO – ICIS news Americas Lunchtime Bulletin 28 October 2009)

For the latest chemical news, data and analysis that directly impacts your business sign up for a free trial to ICIS news - the breaking online news service for the global chemical industry.

Get the facts and analysis behind the headlines from our market leading weekly magazine: sign up to a free trial to ICIS Chemical Business.

Printer Friendly