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Wednesday, November 26, 2008

Wednesday 26 Nov 08 - PM

Terrorist chaos in Mumbai, India!



Gunmen have opened fire at a number of sites in the Indian city of Mumbai (Bombay), killing at least 78 people and injuring about 200 more. Police say these are co-ordinated terrorist attacks. Gunmen have taken hostages at two hotels, the Taj Mahal and the Oberoi, and are looking for tourists with British and American passports. Taj Mahal hotel is said to be on fire. Open this link to see BBC video

Death toll rises

Targeted hotels, restaurant, police station, crowded train station and sites in the financial district




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American drivers cut back on miles traveled for 11th straight month, putting crimp on OPEC, gas tax revenues, and those with alternative energy plans.

Russian firms will layoff 200,000 workers within the next two months

Cyber-bully mom convicted of lesser misdemeanor computer charges

Fed aid announced yesterday sets off a rush to refinance loans; as rates drop by half a percentage point calls double to lenders

US durable goods orders fall twice as much as forecast

New home sales fall to slowest pace since 1991 Recession

Quartet of government reports show a battered Economy

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