Miami Mirror
MiamiMirror.com Saturday 11th October 2008 Issue 1634
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Making the news
"The House of Representatives has shown a catastrophic failure of leadership. Monday’s vote, rejecting Hank Paulson’s admittedly imperfect plan to add liquidity, transparency and perhaps a little capital to the banking system, was shameful. It was a triumph of political expediency over the needs of the nation. The signal was that congressmen would rather save their seats than do what it takes to keep the US payments system functioning. The vote was reversed on Friday but the message cannot be unsaid."
Financial Times editorial
The leading British financial newspaper was making its point in an editorial published on Saturday.

Exchange Rates
$£€United States, DollarEuroCanada, DollarUnited Kingdom, PoundJapan, Yen
United States, Dollar-0.7391.1730.588100.6
Euro1.352-1.5860.795136.1
Canada, Dollar0.8520.630-0.50185.80
United Kingdom, Pound1.6991.2571.994-171.1
Japan, Yen0.0090.0070.0110.005-

Entertainment
  • India for greater IMF watch on major economies
  • Former Spice Girls singer Mel B out with fitness video
  • Soul singer Lemar wants to sing with Leona Lewis
  • Sunidhi Chauhan, Kunal Ganjawala to perform in Dhaka
  • Crow rescues wild mustang from extermination

    U.S. Business
  • Paulson upbeat about G-7 action plan
  • Amid Turmoil, World Leaders Push Toward Plan
  • Global leaders race clock as IMF warns of imminent meltdown
  • Stocks in focus for Monday

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    Miami Mirror
    Breaking News
    Spain marches on, England rallies after fans jeer
    European champion Spain won 3-0 at Estonia to extend its unbeaten streak to 25 games, and England outplayed Kazakhstan 5-1 in another World Cup qualifying game Saturday after being booed off the...

    Colgate beats Princeton 27-24
    HAMILTON, N.Y. -- Jacob Stein kicked a 33-yard field goal with two second left to play, and Colgate beat Princeton 27-24 Saturday.Jordan Scott had 27 carries for 116 yards and scored two touchdowns...

    Furman beats W. Carolina 28-21
    GREENVILLE, S.C. -- Mike Brown ran for two touchdowns to lead Furman to a 28-21 win against Western Carolina on Saturday.Brown ran for 122 yards and two scores on 16 carries for the Paladins (5-2,...

    More breaking stories
    Global Headlines
    Bush says countries working together to resolve financial crisis
    U.S. President George Bush has emerged from a White House meeting with the world's top economic powers, saying they have agreed to work together to restore stability and growth to the global...

    Investigation concludes Palin violated state ethics law
    U.S. vice presidential candidate Sarah Palin abused her power as governor of Alaska, an investigation has...

    G-7 agrees on 5 point plan to stabilise financial markets
    Finance ministers and central bank governors from seven major industrial economies met Friday in Washington and agreed on a five-point plan to stabilize global financial markets that this week experienced their biggest declines in 30...

    More international stories
    Business News
    Russia to invest billions buying up stocks
    Russia will enter local stock markets next week to buy up billions of rubles of stocks, to help shore up...

    Paulson says U.S. planning to buy bank stocks
    U.S. Treasury Secretary Henry Paulson said Friday the government was working on a plan to buy stock in financial...

    GM and Chrysler reportedly in merger talks
    The beleagured U.S. automaking industry could be in for a dramatic...

    More business stories

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  • Miami Weather
    Miami, Florida
    Saturday 88°F/31°CThunderstorm
    Sunday 86°F/30°CChance of a Thunderstorm
    Monday 86°F/30°CChance of a Thunderstorm
    Tuesday 86°F/30°CChance of a Thunderstorm
    Wednesday 86°F/30°CPartly Cloudy

    Florida

    Movie Review

    More Miami News
  • No. 14 Utah stays unbeaten
  • Warriors suspend Ellis 30 games for moped accident
  • Toledo beats Michigan 13-0 after late FG miss
  • Obama win would be
  • Wynn, Penn beat Georgetown, 27-7

    The Nation
  • Obama says McCain trying to divide country
  • US removes North Korea from terror list
  • India looks beyond US for nuclear trade
  • Americans find financial crisis far greater threat than terrorism

    Lifestyle
  • Dying DRM Means More Freedom for Music Fans
  • Red Sox Pitcher Takes No-Hitter Into Seventh Inning
  • Music Industry Proposes a Piracy Surcharge on ISPs
  • Are you up for it
  • Phillies Win, and More

    News Survey
    Do you believe OJ Simpson was guilty of armed robbery or framed by police?


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