In Monday's Americas papers

12 October 2009 11:30  [Source: ICIS news]

THE WALL STREET JOURNAL

Front page

Britain’s MPs await expense probe audit
In the latest fallout the scandal involving Parliamentary expense claims, members of Parliament will learn the results of an audit into their expense spending.

Bullish investors say signs point to Europe
Since confronting potential calamity back in early March, global stock markets have recovered smartly – and while some indexes have fallen back from recent peaks, global investors remain remarkably upbeat.

Lazard CEO Wasserstein hospitalised
Lazard chief executive Bruce Wasserstein was in serious condition on Sunday night after being hospitalised with an irregular heartbeat.

Money & Investing

CNOOC interested in Ghana oil field
China’s CNOOC and a Ghanaian partner are in talks about making a rival $4bn bid, against Exxon, for a stake in a new oil discovery off of West Africa.

Option grants draw scrutiny
Numerous companies have awarded stock options to their top executives while engaged in negotiations to be acquired, a practice that typically results in the firm’s executives receiving a bigger payout.

Microsoft, T-Mobile stumble with sidekick glitch
Microsoft said a technical snafu has likely caused the loss of contacts, photos and other personal data for users of the T-Mobile Sidekick, for which it supplies software and online services.

THE NEW YORK TIMES

Front page

Civilian goals largely unmet in Afghanistan
Obama administration officials say the US is falling far short of the president’s goals to fight corruption, create a functioning government and train a police force.

Attack on market in Pakistan kills at least 40
A suicide car bomber attacked a military vehicle in a crowded market in northwest Pakistan on Monday, killing at least 40 people and wounding dozens more, police and hospital officials said.

Business Day

Fox’s volley with Obama intensifying
Attacking the news media is a time-honoured White House tactic but the Obama administration has narrowed its sights to the Fox News Channel.

Debate over effects of Leno’s show
Two weeks into a new season, the talk of television is the Leno effect – and whether it is hazardous to NBC’s health.

WASHINGTON POST

Front page

New bill would raise rates, says insurance group
After months of collaboration on President Obama’s attempt to overhaul the nation’s health-care system, the insurance industry plans to strike out against the effort on Monday with a report warning that the typical family premium in 2019 could cost $4,000 more than projected.

Racing the clock to avoid foreclosures
Bank of America employees are reminded every day of how far they still have to go.

Business

Having lost hope in Chrysler, Sheehy closing location
Paul Sheehy walked out of the empty showroom and into the lot at his sprawling Chrysler-Jeep-Dodge dealership in Upper Marlboro.

Obama urged to intensify push for climate measure
President Obama is coming under renewed pressure internationally and in the United States to throw his weight behind climate-change legislation, which advocates fear has suffered in light of the president’s sweeping domestic agenda.

GLOBE AND MAIL, Canada

Front page

The shadowy negotiator who freed Fowler and Guay
When the kidnappers freed Robert Fowler and Louis Guay after a gruelling 130 days of captivity this spring, Prime Minister Stephen Harper expressed his gratitude to a long list of people: presidents, diplomats, allies, even the United Nations.

The battle over Boo Radley
Much to the dismay of the average teenager, the Pythagorean theorem and natural selection are required elements of a high-school education.

Business

S&P: Dubai support fund insufficient to meet debts
A support fund created to help Dubai pay its debts has "insufficient" resources to cover the billions of dollars worth of debt coming due, an analyst at credit rating firm Standard & Poor’s said on Sunday, putting added pressure on the struggling city-state to raise additional cash.

China raises limit on foreign investment in stocks
China has raised the limit on purchases of local shares by foreign investors by 25% to $1bn (US), the government said.

BUENOS AIRES HERALD

Front page

Thousands march for gay rights, although questions over Obama’s call to end discrimination remain
Thousands of people marched today at the National Mall in Washington, DC, asking the US Government and the international community to promote equality and human rights for homosexuals.

2010 Budget, taxes to be discussed in Lower House after opposition claims ‘lack of details’
Spokespersons for the Victory Front said that, during the next week, the "discussion about prosecution responsibility, taxes and the 2010 Budget" will be discussed by the Lower House of Congress.

After Cuba’s praise, Venezuela questions what Obama has done ‘to deserve’ Nobel Peace Prize
Venezuelan President Hugo Chávez spoke about the Nobel Peace Prize recently given to US President Barack Obama, saying that "he has done nothing to deserve" it.

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