WORLD ECONOMY: U.S. President George Bush is urging Congress to "send a strong signal" to
markets in the United States and around the world by passing a
700-billion-dollar plan to rescue banks and other financial
companies.The president's spoke today (Monday) hours before the
U.S. stock markets opened for trading. He was seeking to assure investors that
the measure will help the economy start to grow.
LEBANON-BLAST: Security officials in northern Lebanon say at least five people have been killed
and at least 21 others injured by an apparent car bomb in the city of
Tripoli.Officials say they believe a booby trapped vehicle was detonated
by remote control near a bus loaded with Lebanese soldiers. The attack
occurred early today (Monday) as people were driving to work. There was
no immediate claim of responsibility.
BELARUS ELECTION: Election officials in Belarus say the opposition failed to win a single seat in
Sunday's parliamentary election.The chief of the Central Electoral
Commission (, Nikolai Lazovik,) told reporters today (Monday)
complete returns show allies of President Alexander Lukashenko have won all 110
seats.Opposition leaders say the election was rigged, and have called on
the West not to recognize the results.
JAPAN POL: Japan's new prime minister, Taro Aso, gave his first policy speech to parliament
today (Monday), promising tax cuts and pledging to revive his country's
flagging economy.Mr. Aso urged the opposition to help pass a
17-billion-dollar emergency budget to stimulate Japan's economy, which
contracted in the last quarter. The new cabinet sent its budget proposal
to parliament today, where the main opposition Democratic Party of Japan
controls the upper house and could stall the plan.
TAIWAN-TYPHOON: Typhoon Jangmi has moved across Taiwan with strong winds and heavy rain today
(Monday), forcing the closure of schools, businesses and financial
Officials say two people have been killed and more than 30
injured since Jangmi first made landfall Sunday afternoon with winds of more
than 190 kilometers per hour. Weather officials say the storm dumped more than
900 millimeters of rain on some parts of the Taiwan.
One woman was killed
when she was hit by a broken cable, while an elderly man was blown into a paddy