Gold tops $1,000 an ounce
Panicking investors snapped up gold yesterday as the price rose to more than $1,000 per ounce for the first time amid escalating fears of the global credit crisis. With the rising price of oil, and
the falling value of the dollar, the gold price rise confirms fears that the credit... [continued]
Why gold bugs have got the jitters 
Blair to seek agreement on climate change
Tony Blair is to lead a new international team seeking a global deal on climate change which would have the backing of China and America. He hopes that a new agreement would pledge to cut carbon emissions by 50 per cent by 2050. His team will publish an interim report... [continued]
McCain warns of Iraq genocide
On the eve of his first overseas visit since becoming the Republican nominee, John McCain has warned that an early withdrawal of US troops from Iraq would lead to "chaos and genocide across the
region". He will visit London, Paris and the Middle East next week, urging America’s allies not... [continued]
US Election 2008 latest
MP information released under FoI
A list giving details of the thousands of pounds of taxpayers' money that MPs can claim to furnish their homes has been published by House of Commons authorities, under the Freedom of Information Act. The information was previously kept from MPs, to prevent them automatically claiming the highest possible amount... [continued]
Kinapped Iraq bishop found dead
A Catholic Archbishop kidnapped two weeks ago in Iraq has been found dead. Paolos Faraj Rahho, the head of the Chaldean Catholic church in the northern city of Mosul, was seized by armed men who shot his two companions and his driver. The kidnappers demanded a £1.5m ransom.
Obama embarrassed by preacher
Barack Obama faced potential damage to his campaign yesterday after television networks aired footage of sermons by the former pastor of his church likening Obama to Jesus and declaring: "God damn
America." In the sermons the Rev Jeremiah Wright condemned what he described as a systemic effort to keep black... [continued]
US Election 2008 latest
Canoeist admits fraud charge
John Darwin, who faked his death in a canoe accident, was told to expect a lengthy jail term yesterday after he pleaded guilty to fraud charges. He staged his disappearance at sea in 2002 to trigger
life insurance and pension payments after getting into substantial debt. He will be sentenced... [continued]
Missing canoeist: full story
Queen opens Heathrow Terminal 5
The Queen opened Heathrow airport's Terminal 5 today. The new £4.3bn building will not be ready for passengers until March 27, when it will be used exclusively by British Airways and increase the airport's annual volume of passengers from 68 million to 95 million.
The Mole: BAA's close ties to Number 10
Dollar slumps in trading
The dollar has plummeted against all major currencies, causing fears that the Federal Reserve may need to slash interest rates further to stop the downward spiral in the credit markets. The greenback
broke below 100 yen in a day of wild trading, and came within a whisker of parity with... [continued]
The weak dollar: how it came to this
US banks warned over dividends
The US Treasury Secretary Henry Paulson urged Wall Street banks yesterday to raise new capital rapidly, and to cut dividends paid to shareholders. The warning was provoked by the collapse of a major investment fund, one of the worst casualties of the credit crisis.
