In Friday's Americas papers

14 November 2008 11:00  [Source: ICIS news]

THE WALL STREET JOURNAL

Front Page

When Alzheimer's disease hits at 40
Alzheimer's can be especially torturous when it creeps up on those in their 30s and 40s - when they are raising young children and building financial security.

Stimulus, auto bailout may be delayed
Democrats are scaling back stimulus plans, and a deadlock over the Detroit bailout may push action off until January.

Science of migrating rubber duckies
An armada of tub toys sets sails in a new research discipline, "flotsam science", and helps unravel planetary mysteries.

Money & Investing

Banks wage rate war for deposits
US banks are in a heated competition for deposits as the industry tries to shore up funding sources. Deposit rates are rising sharply.

Citi to cut more jobs
Citigroup is embarking on another huge round of layoffs and is raising interest rates on millions of credit card customers.

Insurers' cash rules may loosen
State insurance regulators are considering moves to ease capital requirements, a move that could raise concerns about consumer protection.

THE NEW YORK TIMES

Front Page

Rare treatment is reported to cure AIDS patient
Doctors reported curing a man of AIDS by giving him blood stem cells from a person resistant to the virus.

Militants turn to small bombs in Iraq attacks
The portable and furtive bomb, known as "sticky bomb," is fast becoming the device of choice for insurgent groups.

Business Day

Chances dwindle on bailout plan for automakers
Democratic leaders calling for an aid package to help auto companies conceded that they would face potentially insurmountable opposition in Congress.

Many line up for cash, but bailout plan falters
More than a month after the government began a financial rescue of Wall Street, many of the nation’s financial arteries seem as clogged as they were before.

WASHINGTON POST

Front Page

FDIC details proposal to prevent foreclosures
Plan offers financial incentives to companies that agree to sharply reduce monthly loan payments; Treasury opposes using bailout funds for proposal.

Chevy chase bank attracts suitors
Chevy Chase Bank, part of the fabric of the Washington business community for nearly four decades, is in discussions with potential buyers, according to people familiar with the situation.

Business

FDIC details plan to alter mortgages
Officials at the Federal Deposit Insurance Corp outline an effort to prevent 1.5m foreclosures in the next year by offering incentives to companies that agree to sharply reduce monthly mortgage payments.

Aid to Fannie, Freddie may top expectations
The first of the Bush administration's major financial takeovers, the seizure of Fannie Mae and Freddie Mac, is poised to get more expensive and some analysts are warning it may ultimately cost more than the government has suggested.

GLOBE AND MAIL, Canada

Front Page

Synagogue bombing suspect vows to fight
Until last year, Hassan Diab was leading the quiet life of a Canadian sociology professor.

From Ukraine with attitude
Ah, the Bond Girl. Devastatingly beautiful, good with a gun (or a knife, a sports car, an atom bomb and even, in one spectacular instance of cheap 007 Freudian play, her neck-snapping thighs), devilish but gold-hearted (she really just wants to be loved), the Bond Girl is as reliable an archetype as Bond himself, if not more so.

Business

Harper lines up with Bush on reform
Prime Minister Stephen Harper is expected to join US President George W Bush in a defence of free market capitalism and resistance to international calls for dramatic re-regulation of financial markets.

Swiss banking's $5.6bn man
A senior Swiss banker who was charged two days ago by US prosecutors with dispatching bankers to help rich Americans evade taxes also oversaw a covert team in Canada that funnelled as much as $5.6bn offshore, The Globe and Mail has learned.

BUENOS AIRES HERALD

Front Page

Germany falls into recession
Adding to the bleak picture, the Organization for Economic Cooperation and Development (OECD) slashed its economic output forecasts for the US, Japan and euro zone, predicting a tumble into recession for all three.

CGT: Supreme Court ruling a ‘mistake’
"This ruling is a mistake," said Moyano in his first public comments about the ruling issued on Tuesday.

Uruguay’s Vazquez vetoes abortion bill
Anti-abortion demonstrators protest in downtown Montevideo.

By: Staff Reporter
+44 20 8652 3214

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