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Newsweek International Editions: Highlights And Exclusives, May 19, 2008
http://www.newsweek.com/id/136360 (Photo: http://www.newscom.com/cgi-bin/prnh/20080511/NYSU003 ) It's the Stupid Politics. Hong Kong Bureau Chief http://www.newsweek.com/id/136355 How To Feed The World. Eight leaders in the fight against hunger,
including British Prime Minister http://www.newsweek.com/id/136360 Rich But Hungry. London Reporter http://www.newsweek.com/id/136357 Beakers To the Rescue. Special Correspondent Mac Margolis reports on the
burgeoning industry of genetically manipulated crops. According to industry
analysts, biotech crops have already expanded from practically nothing a
decade ago to 282 million hectacres in 23 countries in 2007. The market for
GM seeds has more than doubled since 2001, from http://www.newsweek.com/id/136358 COVER: The Winds of Regime Change? ( http://www.newsweek.com/id/136365 War Is the Answer. Special Correspondent Jeremy Kahn reports that in the
past year, Sri Lankan government officials seemed tantalizingly close to the
end of the 25-year long conflict with the Liberation Tigers of Tamil Eelam.
The remarkable progress achieved already is challenging the conventional
wisdom about civil wars from http://www.newsweek.com/id/30166 The Hunt for Mr. http://www.newsweek.com/id/136365 The Closing of the Church Door. Special Correspondent Mike Elkin reports
http://www.newsweek.com/id/136356 GLOBAL INVESTOR: What's in a (Foreign) Name? Columnist http://www.newsweek.com/id/136303 WORLD VIEW: An Underwater Threat. http://www.newsweek.com/id/136366 THE LAST WORD: Israeli Prime Minister http://www.newsweek.com/id/136105
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Business News
Stocks tumble after sales of existing homes fall
36 mins ago - Wall Street abruptly ended an earnings-driven rally and closed sharply lower Thursday after a steeper-than-expected decline in existing home sales and worries about the financial sector chilled the market's recent optimism. The major indexes fell about 2 percent, including the Dow Jones industrial average, which lost more than 280 points. 26 mins ago - Bleeding cash and with its very survival uncertain, Ford Motor Co., an icon of American automaking, will try to import some of its success from across the Atlantic. 1 hr 56 mins ago - Two cornerstones of the economy - jobs and housing - sank to new depths Thursday, with unemployment claims bolting higher and home prices recording one of their steepest drops on record.
GOP kills effort to release oil from US stockpile
3 hrs ago - House Republicans on Thursday scuttled a bill that Democrats hoped would help lower gasoline prices by forcing the Energy Department to release 70 million barrels of oil - about a three-day supply - from the national stockpile.
NY AG sues banking giant UBS for securities fraud
2 hrs 57 mins ago - New York Attorney General Andrew Cuomo sued banking giant UBS for fraud Thursday, accusing the company of marketing tens of billions of dollars of auction-rate securities as safe even when they knew the investments were in trouble.
AP told 3 bidders make final cut to buy Cubs
1 hr 12 mins ago - Tribune Co. is inviting at least three potential buyers who each submitted bids for the Chicago Cubs and Wrigley Field near or above $1 billion to participate in a second round of proposals, according to a person involved in the process. 1 hr 47 mins ago - Ford Motor Co. posted its worst quarterly loss ever Thursday in a roiling global auto market that also saw profits fall at Daimler AG, Hyundai Motor Co. and AutoNation Inc. Renault SA reported a profit increase in the first half of the year but still plans to cut jobs and scale back production.
Bristol-Myers, Eli Lilly post strong 2Q results
2 hrs 17 mins ago - Like other major drugmakers, Bristol-Myers Squibb Co. and Eli Lilly & Co. saw benefits from the weak dollar in the second quarter, as sales grew at a faster rate overseas, but both also posted improvements in their U.S. businesses. |
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