In Monday's Americas papers

05 January 2009 11:00  [Source: ICIS news]

THE WALL STREET JOURNAL

Front page

Obama, Democrats eye $300bn tax cut
Obama and congressional Democrats are crafting a tax-cut plan to offer about $300bn in tax cuts to individuals and businesses.

Israel's ground assault marks strategy shift
Israeli tanks and troops pushed deep into Gaza. The land attack departs sharply from the playbook used in Israel's 2006 war against Hezbollah in Lebanon.

Money & Investing

Chasers dug for years, to no avail
Madoff's firm was examined at least eight times in 16 years by various agencies, which never came close to uncovering his alleged scheme.

Animators envision 3-D TV at home
Companies are making an ardent push to deliver 3-D versions of television shows, movies and videogames to the living room.

THE NEW YORK TIMES

Front page

Israeli forces push deeper into Gaza
Even as President Nicolas Sarkozy of France readied a new quest for a ceasefire, Israeli forces took control of rocket-launching areas and surrounded Gaza City after slicing through the centre of the beleaguered territory on Sunday.

In Eastern Europe, mentally ill languish
Many people with mental disabilities are stripped of rights under Communist-era rules.

Business Day

Obama plan includes $300bn in tax cuts
The breaks for workers and businesses are nods to critics who are worried that the economic recovery program has been too focused on government spending.

As vacant office space grows, so does lenders’ crisis
Rising vacancy rates across the country could make it hard for building owners to pay their mortgages.

WASHINGTON POST

Front page

Richardson withdraws as commerce nominee
Citing an ongoing investigation, the New Mexico governor takes his name out of consideration and puts the first visible crack in an otherwise smooth transition.

Israeli forces advance into Gaza
Second day of ground assault draws international warnings of worsening humanitarian crisis.

Business

Democrats give longer timetable for stimulus
Top leaders hoped to hand Obama a completed economic assistance package immediately after 20 January, but Democrats now lower expectations for quick passage.

DC's tech czar runs office like a start-up
In his efforts to revamp the city's technology use, Vivek Kundra introduces popular consumer tools to bureaucratic processes, an approach that could serve as a model for the federal government.

GLOBE AND MAIL, Canada

Front page

Israeli troops divide Gaza as diplomatic pressure looms
In a race against time, Israel is waging a massive ground invasion of Gaza to try to bring the militant Hamas group to heel before international diplomatic efforts oblige Israel to cease its assault.

Kids killed in parents' suicide pact: police
Facing the prospect of a new year unemployed, bankrupt and with few prospects of digging themselves out in a recession, a previously unremarkable Quebec couple hatched a horrific plot to kill their three young children and then take their own lives, police say.

Business

Building from strength in a time of change
New pricing, more products, a wireless spectrum auction and an economic crisis to boot.

Tough times in India
Even in good times, Aashish Khadsare's father warned him against aping a reckless Western habit inexorably invading Indian society: buying on credit.

BUENOS AIRES HERALD

Front page

Gaza City cut off from rest
Thousands of Israeli troops backed by tanks and helicopter gunships pushed deeper into Gaza, fighting militants at close range and surrounding the coastal territory’s largest city in the first full day of an overwhelming ground offensive.

Richardson withdraws as Commerce nominee
New Mexico Governor Bill Richardson announced that he was withdrawing his nomination to be US President-elect Barack Obama’s commerce secretary amid a grand jury investigation into how some of his political donors won a lucrative state contract.

Next up, Jeb Bush
Former US President George H W Bush says he’d like to see his second son, Jeb, become president of the United States some day.

By: Staff Reporter
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