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Fed eyes plan to fund short-term business loans (AP) -

US Federal Reserve Chairman Ben Bernanke testifies before the House Financial Services Committee on Capitol Hill in Washington in September 2008. US authorities Friday vowed to work swiftly to implement a historic 700-billion dollar economic rescue package, as they were pressed to also reach out quickly to struggling homeowners.(AFP/File/Nicholas Kamm)AP - The government is weighing a bold plan to buy massive amounts of unsecured short-term debts in a dramatic effort to break through a credit clog that is imperiling the economy.


Asian markets mixed after Australia's big rate cut (AP) -

Pedestrians look at a stock indicator in Tokyo Tuesday, Oct. 7, 2008. Japanese shares fell sharply in early trade Tuesday, briefly sending the country's benchmark index to its lowest level since December 2003. (AP Photo/Koji Sasahara)AP - Asian markets showed signs of life Tuesday as investors cheered a big interest rate cut by the Australian central bank aimed at alleviating the unfolding global credit crisis that has battered global markets.


Taiwan suggests SARS a China warfare plot (Reuters) -

A passenger wears a mask as he walks to a subway station in Taipei, June 23, 2003. (Richard Chung/Reuters)Reuters - Taiwan legislators wearing surgical masks and displaying banners with a skull and crossbones took over parliament's floor Tuesday after the island's security chief accused China of starting the global SARS epidemic six years ago as part of a biological warfare campaign.


Obama has 3-point national lead on McCain (Reuters) -

Republican presidential nominee Senator John McCain (R-AZ) (L) and Democratic presidential nominee Senator Barack Obama (D-IL) stand together onstage after the first U.S. presidential debate in Oxford, Mississippi, September 26, 2008.   REUTERS/Jim BourgReuters - Democrat Barack Obama has a narrow 3-point lead in the U.S. presidential race on Republican John McCain less than a month before the election, according to a Reuters/C-SPAN/Zogby poll released on Tuesday.


Police say Louisville woman kills self, daughters (AP) - AP - A woman was shot to death and her two school-age daughters fatally stabbed Monday in an apparent murder-suicide, officials said.
 
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