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...boosted world stock markets following the announcement of government plans to prevent broad financial collapse has now given way to longer-term worries that the world is entering a recession. After starting the week with two days of remarkable gains, markets in Asia and Europe Wednesday registered moderate losses similar to those of Wall Street, which dipped 0.82% on Tuesday. Like everyone else, traders are waiting for clearer signs of what the future holds...
...Obama has proposed a similar plan. "We're going to put two million more Americans to work, rebuilding our crumbling roads and schools and bridges," he said last Thursday in Ohio. For those wondering how Washington can afford it, he has an answer that pleases his base, if not his budget-balancers: "If we can spend $10 billion a month in Iraq, we can spend $10 billion right here in the United States, rebuilding America...
...crisis with huge financial assistance, Tuesday's repeat came as those measures were backed up by actual figures in both Europe and the U.S. In Paris on Monday, French President Nicolas Sarkozy pledged $488 billion to underwrite loans between banks and inject capital into troubled banks and financial groups. Similarly, German Chancellor Angela Merkel said up to $651 billion would be used for similar uses - though primarily limited to underwriting lending between banks. Austria, Spain and the Netherlands weighed in with similar plans under a coordinated euro-zone strategy that some analysts have pegged as adding up to as much...
...Strict ID laws passed since 2004 - including one that prompted the U.S. Student Association and the ACLU to sue top officials in Michigan on Sept. 18; one the Department of Justice has challenged in Georgia; and similar statutes in Arizona and Florida - fall harder on students than on most voters because so many study out of state. A Rock the Vote poll in February found that 19% of people ages 18-30 don't have a government ID that reflects their current address. And while some states like Ohio will accept alternative ID in the form of a utility bill...
...companies they have since cited for violating safety rules, about 80 have been named in U.N. and human-rights reports as known arms shippers. "About 53 companies have been forced to close down," according to Griffiths, who released his findings in a report on Monday. Griffiths says enforcing similar rules against ships could put several arms traffickers out of business entirely. Until then, if you need weapons in Africa, "there are plenty of arms out there - so long as you have the money to pay for it," he says...