In Monday's Americas papers

27 October 2008 12:00  [Source: ICIS news]

THE WALL STREET JOURNAL

Front page

Economy casts shadow over ballot measures
The financial crisis may keep voters from supporting some of the dozen-plus bond measures in eight states.

Health plans could face obstacles
As McCain and Obama tout their health plans, Congress is likely to be looking at more-limited ways to expand coverage.

Global financial storm hits Persian Gulf
The global financial storm rolled across the Persian Gulf, as Kuwait guaranteed bank deposits and cobbled together a hasty bailout for a large bank. Saudi Arabia planned $2.3bn in loans for low-income borrowers.

Money & Investing

Job losses compound the downturn subscriber content
A rash of new job data show the labor market is the worst it has been since the two prior recessions, worrying economists who usually expect the weakest picture at the end of a recession.

Retailers expect gloomy holiday subscriber content
Retail executives say they expect same-store holiday sales to fall from year-ago levels despite plans to offer more discounts and promotions.

Chrysler, GM seek federal aid subscriber content
A harsh reality has emerged for GM and Chrysler: Without a merger and possibly an assist from the federal government, two of Detroit's Big Three auto makers could run out of cash within a year.

THE NEW YORK TIMES

Front page

End of battle centres on turf Bush carried
Senators John McCain and Barack Obama are spending time in states once solid for the Republican Party, a sign of Mr. McCain’s dire position in the final week.

Democrats in steel country see colour, and beyond it
John McCain hopes for an opening in Pennsylvania, where race talk is sometimes submerged, sometimes open.

Business Day

Credit crisis slows economy in once-hot Poland
Emerging markets that seemed to be thriving recently are finding themselves caught in the worldwide panic.

Asian markets head down amid currency concerns
Intensely nervous after Friday’s mass sell-offs around the world, Asian stock markets started the week lower.

WASHINGTON POST

Front page

Poll shows Obama with an 8-point lead
Democrat has widened margin against GOP rival, with many respondents linking McCain's image to Bush, according to a new Washington Post poll.

Amid uncertainty, gun sales up
Increase is attributed in part to economic woes and fears that Democrats will enact new gun controls.

Business

Middle east financial hubs still faring well
Overcoming a long-held wariness by many Americans about living in the Middle East, growing numbers of US financial professionals are at least mulling moving their careers here, but they will face obstacles.

For firms owed money, factoring is fast cash
Bank loans have been harder to come by, but that doesn't mean companies' need for funding has dried up. To get cash, small and medium-size businesses increasingly turn to firms that get them money they are owed more quickly.

GLOBE AND MAIL, Canada

Front page

Hunt begins for long-missing students
The federal government is mapping burial sites at former residential schools as researchers try to identify how many of the estimated thousands of native children who went missing from the schools are buried in unmarked or anonymous graves.

Police seek man seen fleeing Vancouver blast
Ricardo Montejo was at home minding his own business Saturday morning when crazy things began happening in the apartment above.

Business

Financial crisis moves to Gulf Arab nations
Kuwait moved on Sunday to prop up the country's second-largest commercial bank and scrambled to protect depositors at other domestic banks, dashing hopes the oil-rich Arab Gulf would emerge largely unscathed from the global financial crisis.

World markets slide further; Nikkei at 26-year low
World markets resumed their slide Monday, with Japan's Nikkei stock index falling to a 26-year low, as government rescue measures failed to ease fears of a prolonged global recession.

BUENOS AIRES HERALD

Front page

San Isidro: March for security
Thousands of people yesterday marched to San Isidro Town Hall to demand more security measures following last week’s murder of Ricardo Barrenechea  part of a crime wave hitting the area. 

US launches rare attack inside Syria
US military helicopters launched an extremely rare attack yesterday on Syrian territory close to the border with Iraq, killing eight people in a strike the government in Damascus condemned as “serious aggression.” 

Lula loses
Brazil’s ruling party lost its chance to retake the mayorship of South America’s biggest city yesterday, while an ex-guerrilla who once kidnapped a US ambassador failed in his bid to become mayor of Rio de Janeiro.


By: Staff Reporter
+44 20 8652 3214



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