WORLD ECONOMY: European stock markets are sharply lower in midday trading today (Monday),
continuing the day's slide that began in the Asia-Pacific region. Crude
oil prices are also falling to less than 60 dollars a barrel in London trading today, despite OPEC's decision last week to cut
production targets. The CAC-40 in Paris is down more than five percent, while the DAX index
in Frankfurt is off more than three percent. The Financial Times 100
index in London is down nearly four percent.
Japan's Nikkei index closed at a 26-year low despite the government
announcement of measures intended to support the country's stock
market. Japan's finance minister (Shoichi Nakagawa) said the
government is ready to take action to steady the yen, as the Group of
Seven finance ministers and central bank governors released a statement
saying recent excessive swings in the yen's value threaten global
financial and economicstability.
US POLITICS: U.S. presidential candidates John McCain and Barack Obama campaign today (Monday) in two populous states seen as crucial to victory in the November fourth election. Both will hold campaign rallies in (the eastern U.S. state of) Pennsylvania and (the Midwestern state of) Ohio. Aides for Senator Obama say he will make what they call his "closing
argument" in speeches today - just eight days before the election. Senator McCain will continue what his campaign calls "Road to Victory"
rallies. The Republican candidate trails his Democratic rival in
virtually every public opinion poll.
SYRIA ATTACK: Syria has accused the United States of killing eight civilians in a
military raid on Syrian territory, eight kilometers from the border
with Iraq. The Syrian Foreign Ministry called envoys from the U.S. and Iraq to discuss Sunday's alleged attack. Syrian officials called it an act of aggression and a violation of
national sovereignty. The government in Damascus said it holds the U.S.
military responsible for any repercussions.
The U.S. military in Iraq says it does not have any information on the
incident. And the U.S. government has not confirmed the attack nor
commented on the allegations. Iraqi government spokesman Ali al-Dabbagh today (Monday) said the raid targeted an area of Syria where insurgents plot attacks against Iraq. Syria says four U.S. helicopters took part in the raid Sunday on the
town of Abu Kamal. It says U.S. soldiers emerged from the aircraft,
stormed a civilian building that was under construction and fired on
AFGHANISTAN: Afghan authorities say a suicide bomber wearing a policeman's uniform
blew himself up inside a police station where U.S. troops were advising
Afghan officers today (Monday). Two U.S. soldiers were killed and several other people were wounded in the blast in the northern province of Baghlan. The Taliban promptly claimed responsibility for the attack.
In other violence today, the U.S. military says militants and coalition troops aboard a helicopter exchanged fire today (Monday) in the central province of Wardak. The aircraft was hit, forcing the crew to make an emergency landing.
PAKISTAN UNREST: Pakistani security officials say two missiles fired by a suspected U.S.
drone hit a militant compound in the tribal region near the Afghan
border late Sunday, killing as many as 20 people. The officials say the compound is located in South Waziristan -- a
stronghold of Pakistan's top Taliban commander, Baitullah Mehsud. There
was no immediate confirmation on the strike from the United States. A similar air strike last Thursday in North Waziristan on a religious
school -- belonging to a cleric linked to Taliban commander Jalaluddin
Haqqani -- killed at least 11 people.
KOREAS - MILITARY: North Korea has threatened to expel South Koreans working in the North
if Seoul does not stop activists from sending anti-Pyongyang leaflets
across the border. South Korean defense officials say the North made the demand today (Monday) during a brief round of military talks at the border. The North complained that the spread of leaflets was on the rise, and
told South Korean military officials that it would expel workers from
an industrial park in the North's border city of Kaesong if the
practice is not stopped.
South Korean officials said they have appealed to activists to stop
sending balloons with leaflets across the border. Groups in South Korea
have been sending leaflets for years.
Today's talks were the second official meeting between the North and
South since South Korean President Lee Myung-bak took office in
BURMA - WOMEN'S RIGHTS: International rights groups have submitted reports to a top U.N. body
on women's rights in Burma, arguing that the country's new constitution
fails to promote gender equality. The Women's League of Burma argues in a statement today (Monday)
that Burma's new constitution does not promote equality because it
guarantees the military control of a quarter of seats in parliament. The group says the face of public life in Burma is male because Burmese
society is profoundly militarized and the military is an almost
exclusively male institution.
The Global Justice Center has called on the U.N.'s Convention on the Elimination of all Forms of Discrimination Against Women (CEDAW) Committee to reject Burma's report to the body.
The group notes that not only does the military not comply with the
convention's recommendations, but government leaders are unwilling to
prosecute state perpetrators of rape and other crimes.
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