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Jan 6 - An economic stimulus plan of about $775 billion is the first of business for the House and Senate and something U.S. financial markets have already priced in. While passage of the stimulus plan is expected to happen within a matter of weeks after Barack Obama assumes the presidency, it may take far longer for the jobs to materialize in sufficient numbers to restore consumer confidence and spending, which is the foundation of the U.S. economy. Jon Decker reports.
(Added Jan. 6, 2009)
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Jan 03 - Israel's military offensive in Gaza ignites an interational wave of protests. Demonstrations have been taking place in countries in the Middle East, Asia and Europe to urge an end to Israel's military strikes on Gaza that have claimed the lives of more than 400 Palestinians. At least four Israelis have also been killed in rocket attacks by Palestinian militants which triggered the Israeli offensive. Paul Chapman reports.
(Added Jan. 3, 2009)
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Jan. 01 - People across the world shook off all the economic gloom with traditional fireworks spectaculars but conflict in the Mideast and tragedy in Thailand cast a long shadow on 2009. From New York to Sydney, Rio to Paris, revellers rang in the new year with pyrotechnics and street parties and lots of good cheer. Susan Flory reports.
(Added Jan. 1, 2009)
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Dec 30 - 2008 turned out to be an historic election-- one in which America elected its first African-American president. With the faltering U.S. economy the number one issue of voters, Barack Obama -- who just four years earlier was an unknown state senator from Illinois-- ultimately coasted to an electoral landslide. Jon Decker reports from Washington.
(Added Dec. 30, 2008)
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Dec 27 - At least 200 people have been killed after Israeli bombers launched a series of air strikes against key targets in the Gaza Strip. Israeli military forces have launched a series of air strikes in the Gaza Strip signalling a move closer to invading the territory. Missiles hit security compounds and militant bases killing at least two-hundred people. Israel said Hamas terror operatives were the target of the strike, but Hamas says those killed were mostly civilians. World leaders responding to the attacks have called for an immediate ceasefire. Liz Kennedy reports.
(Added Dec. 27, 2008)
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Dec 25 - Pope Benedict calls for an end to child abuse. The pontiff made his appeal as he led the world's Roman Catholics into Christmas with a midnight mass. Pope Benedict has repeatedly raised the issue of child abuse by Catholic clergy this year. In the U.S. he met with victims who had been sexually abused by priests and made a public apology over the issue during a trip to Australia. Michelle Carlile-Alkhouri.
(Added Dec. 25, 2008)
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Dec 23 - The incoming Obama Administration is pledging to add some 3 million jobs to the economy, fueled by massive spending plans Hopes are high for the new Administration, maybe too high, with some analysts fearing the housing bubble may be replaced by an "Obama bubble." Deborah Lutterbeck reports.
(Added Dec. 23, 2008)
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Dec 20 - The Trident Hotel where more than 30 people were killed in last month's siege by Islamist gunmen opens for business again. The hotel says it expects more than 100 of its rooms to be occupied when it re-opens again on Sunday but the Oberoi wing which suffered extensive damage will take up to seven months to repair. Paul Chapman reports.
(Added Dec. 20, 2008)
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Dec. 18 - As Washington prepares to throw nearly a trillion dollars at the U.S. economy, many believe the greenback is likely to take a hit -- at least in the near term. The Japanese Yen has benefited the most -- recently surging to a 13-1/2 year high. Conway Gittens reports from New York.SOUNDBITE: Sebastien Galy, BNP Paribas
(Added Dec. 18, 2008)
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Dec 16 - A stampede of victims seeks legal action against alleged Wall Street scam mastermind Bernard Madoff. One lawyer preparing a class action suit predicts the flood of claims coming into his office will top 1 billion dollars Tuesday. Fred Katayama reports.
(Added Dec. 16, 2008)
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Dec. 13 - Britain's Prime Minister Gordon Brown has condemned the Taliban for using a child suicide bomber in an attack which killed three British troops. Military and government sources said Britain has reinforced its 8,100 forces in Afghanistan with about 300 troops to press a campaign against the Taliban in the area around Lashkar Gah, the provincial capital of southern Helmand province. British forces took heavy casualties in Helmand on Friday (December 12), when four troops were killed, one by a roadside bomb and three by a young suicide bomber. Sonia Legg reports.SOUNBITES: Gordon, Brown, Britain's Prime Minister. Afghan President Hamid Karzai.
(Added Dec. 13, 2008)
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Dec. 5 - As President Bush leaves office the war of words with Iran continues, but that could change as President-elect Obama has held out possibility of direct talks. Despite his tough talk, Iran is one area where Bush has consistently taken a multilateral path emphasizing diplomacy. And that could mean Obama's approach to Iran may not mark an enormous departure from the last eight years. Deborah Lutterbeck reports. SOUNDBITES: President George W Bush Frank Wisner is the former US ambassador to India and Egypt Jim Phillips of the Heritage Foundation
(Added Dec. 6, 2008)
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Dec 4 - U.S President George W. Bush and first lady Laura Bush ushered in the holiday season in Washington DC with the annual lighting of the National Christmas tree Several thousand people gathered at a park just south of the White House for the annual ceremony. Bush noted that it was the eight and final time he would be presiding over the ceremony which is now in its 85th year. Pavithra George, Reuters
(Added Dec. 4, 2008)
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Dec. 2 - President-elect Obama offered his assurances to strapped state governors that help is on the way. Some 41 states are already facing budget shortfalls at time when the U.S. economy is in a recession. Deborah Lutterbeck reports. SOUNDBITES: President-elect Barack Obama Vice President-elect Joe Biden
(Added Dec. 2, 2008)
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Nov. 28 - A New York-based rabbi and his wife were killed in the seige of a Jewish center in Mumbai. The couple's 18-month old son was rescued. Fred Katayama reports. SOUNDBITES: Rabbi Moshe Kotlarsky, vice chairman, educational arm of Chabad-Lubavitch movement; Yeshaya Spielman, nephew of Rabbi Gavriel Holtzberg who was killed in the terrorist attacks in Mumbai; Rabbi Yehuda Krinsky, chairman, education and social services arm, Chabad-Lubavitch movement; Israeli Foreign Minister Tzipi Livni. Fred Katayama, Reuters.
(Added Nov. 29, 2008)
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Nov.27- Meanwhile, President Elect Barack Obama says Thanksgiving comes during a â€˜Time of Great Trialâ€™. Obama pledged to forge a "new beginning" from the moment he takes office, saying his economic team, which he announced this week, is already working on a recovery plan. Neena Dhaun reports
(Added Nov. 27, 2008)
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Hundreds of milkmen gather in Bhubneshwar, India, to protest over price cuts which they say have made milk cheaper than water. The Milk Producer's Federation in Orissa state first increased the price of milk, but the cut prices again. Farmers say they aren't making enough money to feed their cattle. Basmah Fahim reports.
(Added Nov. 22, 2008)
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