Wall St retreats on recession fears

Wall St retreats on recession fears

3.03.2008
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03/03/2008 Banks hit hard as share market falls
NERVOUS investors wiped off $38.5 billion, or almost 3 per cent, from the value of the local share market today amid heavy selling, particulary of bank stocks, over concerns about rising borrowing costs and growing evidence of a looming US recession
03/03/2008 Rudd doubles affordable rent scheme
THE Federal Government has doubled its affordable rental home scheme after new research showed more than one million Australians were suffering housing stress
03/03/2008 Oil prices hold above $US101
OIL prices stayed above $US101 per barrel in Asian trading today ahead of an OPEC meeting in which the cartel is expected to maintain current output levels, dealers said
03/03/2008 The name game
THINK about the last time you named a child or a pet. How many days and nights did you agonise over picking out just the right name?

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Clinton under fire over killing remarkPeak of success

TWO Sydney women have reached the summit of Mt Everest, making history as the first mother-daughter team to conquer the mountain.



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HILLARY Clinton has triggered a firestorm by bringing up the 1968 assassination of Robert Kennedy to justify her decision to prolong her White House campaign.

Senator Clinton quickly appeared on camera today to say she had not meant to be offensive.

The campaign team for her Democratic rival Barack Obama had complained that such comments had no place in the 2008 election campaign.

The former first lady originally told a newspaper board in South Dakota she could not understand calls for her to quit the race, arguing that history showed that some past nominating contests had gone on into June.

"My husband did not wrap up the nomination in 1992 until he won the California primary, somewhere in the middle of June, right?" Senator Clinton said in an interview with the Argus Leader newspaper editorial board.

"We all remember, Bobby Kennedy was assassinated in June in California, I don`t understand it," she said.

Obama spokesman Bill Burton condemned the remarks.

"Senator Clinton`s statement before the Argus Leader editorial board was unfortunate and has no place in this campaign," he said.

Senator Clinton appeared to be referencing the Kennedy killing, at the end of the 1968 Democratic presidential race, simply to show that previous Democratic nominating contests have stretched well into June.

But any reference to political assassinations are sensitive territory, especially for supporters of Senator Obama, who accepted Secret Service protection last year, long before the time it is offered to most presidential candidates, because of unspecified threats.

Senator Clinton said in her subsequent statement that she had not meant to be offensive, and that the Kennedy family had been in her thoughts, after Senator Edward Kennedy was diagnosed with brain cancer this week.

"I regret that if my referencing that moment of trauma for our entire nation, and particularly for the Kennedy family was in any way offensive. I certainly had no intention of that, whatsoever," she said.

"My view is that we have to look to the past and to our leaders who have inspired us and give us a lot to live up to, and I`m honoured to hold Senator Kennedy`s seat in the United States Senate from the state of New York."

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Today`s Top Picks

Peak of success

TWO Sydney women have reached the summit of Mt Everest, making history as the first mother-daughter team to conquer the mountain.



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Send this article:PrintEmail

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Planning a Holiday? - Visit our Europe section for the latest destination offers!
 
NAB Investment Loan.Limited time discounted rate on fixed interest only options.
 
Overflowing with benefitsExperience life the Platinum Way With American Express Platinum
 
Online Auctions Online auctions on a range of big brands. Bid Now! Dontmissout.com.au
 
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Clinton under fire over killing remark   05/24/2008
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