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"I have no problem whatsoever with entertainers and comedians pretending to be journalists, my problem is with journalists pretending to be entertainers." Ted Koppel |
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FY 2009 Budget Deficit Projected to Be $482 Billion WASHINGTON July 29 (FNC) The White House on Monday reported a projection for a $482 billion budget deficit for the budget year ending in September 2009, a number that would be the highest number recorded. The budget office predicts the economy will grow at a rate of 1.6 percent this year and will rebound to a 2.2 percent growth rate next year. That's a half percentage point more than predicted but also the widely cited "blue chip" consensus of leading economists. The administration also sees inflation averaging 3.8 percent this year, but easing to 2.3 percent next year better than the 3.0 percent seen by the blue chip panel.
WTO Talks Limp Into 9th day, Still in Stalemate GENEVA July 29 (Reuters) Talks to rescue a world trade deal will continue on Tuesday with players trying to avert a collapse over measures intended to help poor countries protect their farmers against import surges, ministers said. Quashing suggestions from reporters that the talks were about to fail, they said they would try to find ways out of the impasse.
Oil's Gold Connection LONDON (Reuters) While much of oil's recent decline has been put down to an assumption that demand will fall as leading economies slow, hedge fund experts say there are also less fundamental reasons behind the move.
Schering, Merck Hit by Cholesterol Drug Fallout NEW YORK March 31 (Reuters) Shares of Schering-Plough Corp and Merck & Co tumbled on Monday after doctors at a prominent medical meeting recommended patients try older cholesterol drugs before the companies' newer medicines. Schering-Plough shares dropped 19 percent in pre-market electronic trading, while Merck shares fell 11 percent, as analysts cut their sales forecasts for the companies shared drugs, Vytorin and Zetia. The value of Vytorin and Zetia, which generate about $5 billion in combined annual sales, has been questioned since the results of a controversial study were released in January.
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Film Director Jules Dassin Dies April 2 (BBC) - American film director Jules Dassin has died in an Athens hospital after a short illness, at the age of 96. Blacklisted in Hollywood after WWII, he went to Europe where he married the late Greek actress and later culture minister Melina Mercouri. She starred in Mr. Dassin's most famous film, Never on Sunday. After Mercouri's death in 1994, Mr. Dassin fought to realize her main goal: the return of the Parthenon, or Elgin, marbles from Britain to Greece. A spokesman for Hygeia hospital in Athens said Mr. Dassin had been admitted for treatment two weeks ago. "Greece grieves the loss of a rare human being, an important creator and a true friend," Greek Prime Minister Costas Karamanlis said in a statement. (advertisement)
The Guardian: (By Edward Pearce) Forget the zucchini squash. Simply savor the delights of broad beans, parsnips and potatoes.
news from UNOS: The OPTN/UNOS Board of Directors has approved a policy modification expected to improve the efficiency of organ allocation by better identifying and prioritizing candidates whose immune system would likely reject an organ offer. The OPTN will now utilize a statistically calculated formula to identify immunologically "sensitized" candidates rather than relying solely on individual laboratory testing of candidate blood samples. more...
The classic and still timely musing by author ALT on parenting in America.
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