Inflation soars
Inflation hits a 16-year high of 5.2 percent but policymakers have anticipated the rise which is unlikely to stand in the way of further interest rate cuts. Full Article
Paying the price?
The conditions imposed on rescued banks may not be as onerous as markets fear. Full Article
Smith says 42-day detention plan not dead
LONDON (Reuters) - The government will rush through emergency legislation to allow police to hold terrorism suspects for 42 days without charge in the event of a serious threat or an attack, Home Secretary Jacqui Smith said on Tuesday. Full Article
McCain tries fresh comeback bid
WILMINGTON, North Carolina (Reuters) - U.S. Republican presidential nominee John McCain on Monday sought to assure supporters he can come from behind to defeat Democrat Barack Obama, who proposed new ways to address the economic turmoil. Full Article | Video
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Wildfires ravage California
Wind-driven brush fires roar out of foothills and canyons in Southern California on Monday, destroying dozens of homes.
