Pelosi: Investigate MahoneyWall Street explodes in historic one-day surge --Dow posts its biggest one-day jump boosted by news of help for banks Wall Street exploded in a historic one-day surge Monday [936 points], snapping back from last week’s devastating losses, with the Dow Jones industrial average chalking up its biggest-ever one-day point gain. The massive gains came after major governments announced further steps to support the global banking system, including plans by the U.S. Treasury to buy stocks of some banks.
British troops 'should go home' --'No more need' for British troops British troops are no longer needed to maintain security in southern Iraq as the situation has changed, the country's prime minister has said. Nouri al-Maliki told the Times there might still be a need for their experience in training Iraqi forces. He said a "page had been turned" in the country's relationship with the UK.
Iraqi government fuels 'war for oil' theories by putting reserves up for biggest ever sale --BP, Shell and Exxon to Meet with Iraq Oil Minister --Unprecedented 40bn barrels up for grabs The biggest ever sale of oil assets will take place today, when the Iraqi government puts 40bn barrels of recoverable reserves up for offer in London. BP, Shell and ExxonMobil are all expected to attend a meeting at the Park Lane Hotel in Mayfair with the Iraqi oil minister, Hussein al-Shahristani. Access is being given to eight fields, representing about 40% of the Middle Eastern nation's reserves, at a time when the country remains under occupation by US and British forces. Two smaller agreements have already been signed with Shell and the China National Petroleum Corporation, but today's sale will ignite arguments over whether the overthrow of Saddam Hussein was a "war for oil" that is now to be consummated by western multinationals seizing control of strategic Iraqi reserves.
Report slams TSA failure to track security passes The agency [Transportation Security Administration] overseeing security at the nation's airports failed for years to track security passes and uniforms of former employees, creating widespread vulnerability to terrorists, says a government watchdog report obtained by USA TODAY.
Starting in '09, a license that doubles as a passport --New ID to ease travel to Mexico, Canada, Caribbean A Michigan driver’s license that will double as a passport has received federal approval and will be available in spring 2009, officials announced this morning in Detroit.
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