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Front Page: Fed Cuts Interest Rate, Judge Orders 17 Freed From Gitmo, Russia Begins Georgia Pull-Out
- Fed Cuts Interest Rate: In an effort to shore up the global market slide, the Federal Reserve and six other major banks worldwid cut interest rates. The Fed downgraded from 2 percent to 1.5 percent. Banks in the UK, China, and Canada followed suit after five days of tumbling stocks.
Front Page: US to Send $1 Billion to Georgia, New Orleans Residents to Return, North Korea Reassembling Nukes
- US to Send $1 Billion to Georgia: The Bush administration is set to announce $1 billion in aid to help Georgia rebuild after its conflict with Russia last month. The package reflects an increase of support from the administration. In addition, Vice President Cheney has visited the region, and the aid and visit will probably increase tension with Russia.
- New Orleans Residents to Return: Mayor Ray Nagin has given New Orleans residents the go-ahead to return to their homes tomorrow — at their own risk.
Front Page: Day Four of the Convention — Obama Speaks Tonight, New Orleans May Evacuate, EU Considers Sanctions
- Obama Speaks Tonight: After his surprise appearance on stage with VP nominee Joe Biden last night, Obama is set to deliver his nomination acceptance speech at Invesco Field in front of 75,000 people tonight. On the 45th anniversary of Martin Luther King, Jr.'s "I Have a Dream" speech, it's scheduled to start at 8 p.m. EST.
Front Page: Shawn Johnson Grabs Gold, Russian Forces Detain Georgian Soldiers, Algeria Bombing Kills 43
- Shawn Johnson Grabs Gold: After three silver place finishes, US Gymnast Shawn Johnson finally won a gold medal for her balance beam routine in the last day of gymnastics competition. Johnson's coach is from Beijing, and her medal in his hometown meant the world. She said, “I really feel like I made him proud.” US teammate Nastia Liukin took silver.
- Russian Forces Detain Georgian Soldiers: Russian soldiers held 21 Georgian soldiers at a Black Sea port today, taking them bound and blindfolded to a military base, allegedly to protect against looters.
Georgian Conflict Created by Cheney to Make Obama Lose?
Russians were told yesterday morning that the true nature of the conflict in South Ossetia is this: it's a plot hatched by Vice President Dick Cheney to make sure Barack Obama isn't elected president. Is Cheney creating a Cold War 2.0?
This revelation, that the conflict is orchestrated to wing Obama, was first announced on the radio and has been getting wide play.
Front Page: Gold and Gold for US, Bystanders Lift Bus Off Trapped Woman, Diplomatic Efforts for Georgia
- Gold and Gold for US: US Gymnasts Nastia Liukin and Shawn Johnson won gold and silver in the women's all-around competition. Liukin held back tears until she was atop the winner's podium and the national anthem played. She said, "standing on the podium and hearing `Olympic champion' next to my name was a dream come true."
Front Page: Phelps Breaks Gold Record, Russian Convoy Violates Truce, Contractors Cost US $85 Billion
- Phelps Breaks Gold Record: US swimmer Michael Phelps has broken the record for most Olympic gold won by scoring his 10th and 11th in a double victory in races today. A win in the 200m butterfly gave him his 4th gold for these Olympics, keeping him on track to take home eight golds for these games. The most golds ever won prior to Phelps was nine.
- Russian Convoy Violates Truce: A Russian military convoy has moved deep into Georgia today in violation of a new truce agreement.
Front Page: Russia Orders Halt to Fighting, More Women in Government, Israel Proposes Deal
- Russia Orders Halt to Fighting: Russian President Dmitri Medvedev announced today that he's ordered a halt to the military action in Georgia. He did not say whether the troops are pulling out and was clear that Russian forces are still authorized to fire on enemies. Medvedev said that Russia had achieved its military goals during the five days of intense fighting.
Russian Invasion: 1,500 Dead As Russian Troops Raid Georgia
Continuing the invasion begun yesterday, Russia has dispatched hundreds of tanks and troops into the province of South Ossetia today, escalating the conflict. Georgian towns have been bombed through air strikes leaving hundreds of civilians dead and wounded.
Georgia launched a significant offensive maneuver yesterday aimed at retaking control of breakaway province of South Ossetia.
Breaking: Russia Invades Georgia
Georgia's president has announced that his country is being attacked by Russian tanks and planes. "Russian troops invaded Georgia. .
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