WIFR - World News - Headlines http://www.wifr.com/worldnews/headlines RSS Feed for WIFR - World News - Headlines en-us Fri, 10 Oct 2008 13:10:22 GMT Crude Oil Plunge http://www.wifr.com/worldnews/headlines/30742149.html Oil prices plummeted to a one-year low below $83 a barrel today in Asia as investor fears of a severe global economic downturn sparked a panicked sell-off of equities and crude. Spain: Plan to Help Banks will Cost Taxpayers Zero http://www.wifr.com/worldnews/headlines/30741899.html Spain's government says a 30 billion euros ($41 billion) fund it will use to buy assets from banks starved for liquidity will not cost taxpayers a cent. Canada Reacts to Credit Crisis by Buying Mortgages http://www.wifr.com/worldnews/headlines/30741744.html Canada's finance minister says the government is buying up to $25 billion Canadian ($21 billion) in mortgages form the country's banks in an effort to maintain the availability of credit. Two American Journalists Missing In Lebanon, One A Graduate From Beloit College http://www.wifr.com/worldnews/headlines/30630434.html One of two American journalists believed to be missing in Lebanon is from the Chicago area and is a graduate of Beloit College in Wisconsin. European Countries Ramp Up Deposit Protection http://www.wifr.com/worldnews/headlines/30516744.html The financial turmoil in Europe continues with Denmark and Sweden moving to bolster protection of bank accounts. Stevens Blames Contractor Friend for 'Devious' Giving http://www.wifr.com/worldnews/headlines/29793794.html Senator Ted Stevens is blaming his corruption trial on a generous friend, who he says engaged in some "devious" gift-giving. AP - China Launches Mission for First Spacewalk http://www.wifr.com/worldnews/headlines/29741129.html China has successfuly launched a rocket that will put a three-man crew into space to carry out the country's first spacewalk. White House Explains Bush Troop Withdrawal Decision http://www.wifr.com/worldnews/headlines/28053429.html The White House says President Bush thinks he "hit it just right" in announcing a withdrawal of 8,000 troops from Iraq by February. Hurricane Ike On Track To Veer Away From Keys http://www.wifr.com/worldnews/headlines/27998409.html Evacuation orders for the Florida Keys have expired, but with Hurricane Ike over Cuba, authorities say now is not the time for residents to try to return. Rice Hopeful Of Mideast Peace Before Bush Leaves http://www.wifr.com/worldnews/headlines/27433044.html Secretary of State Condoleezza Rice is holding out hope of a Mideast peace agreement before President Bush leaves office.