Stories Turkey from September, 2008
Global: Scenes from a bailout
In what U.S. Treasury Secretary admitted was a â€œhumbling, humbling timeâ€ for the country, Congressional members of Americaâ€™s two major political parties spent the weekend hammering out a rescue package for the nationâ€™s financial beleaguered system. The plan, if ratified as expected by Congress, calls on the U.S. government to spend up to $700 billion purchasing â€œtroubled mortgage assets of crippled financial firms.â€
Yemen: Sixteen People Killed in US Embassy Attack
Sixteen people were killed when the US Embassy in Sana'a, Yemen, was attacked with a car bomb and rockets today. One blogger was minutes away from the explosions.