Leading US Banks can go Red

Washington, Oct 8 (Prensa Latina) US banks JP Morgan, Chase and Bank of America can report losses for about three billion dollars for mortgaged property and loans, said the British newspaper Financial Times.

That daily quotes the analyst of Sanford Bernstein, Howard Mason, who believes that JP Morgan can pass to losses on loans for the value of 1.4 billion dollars and another 700 million due to mortgages and securities supported by them.


US Police Fight Fire with Fire(arms)

Washington, Oct 8 (Prensa Laina) The increase of firearms on the streets of the United States has put so much pressure on Miami security forces that they have been ordered to equip themselves "with as many automatic weapons as they can," Miami Police Chief John Timoney said Monday.

Chief Timoney said his department should start an arms race that allows it to be on an equal footing with criminals, if it wants to stop murders, El Nuevo Herald daily reported.


Nearly 200 Float to Spain

Madrid, Oct 8 (Prensa Latina) Nearly 200 illegal immigrants have landed in fragile vessels on the coasts of Almery over the last few hours, confirmed Spanish Civil Guard sources on Monday.

One of the small boats arrived in Conil while a smaller one was found under a truck in Tarija.

The police have already arrested 113 magrebi immigrants and 37 others that have arrived in Barbate (Cadiz) in those small boats.


Brown warns against growing Taliban power in Afghanistan

LONDON, Oct 8 (APP): British Prime Minister Gordon Brown on Monday warned of growing Taliban strength in Afghanistan and said greater efforts were required to stop them from endangering the rest of the world.

Speaking at his monthly press conference at Downing Street this afternoon, he said Afghanistan was in the frontline against Taliban and the whole civilised world would be in danger if Taliban takes over the country again.


US policy on horn of Africa aimed at dismantling Al Qaeda network, says Frazer


Addis Ababa : United States policy towards the Horn of Africa is aimed at dismantling the Al Qaeda terrorist network and ensuring stability, good governance, democracy and sustainable development, US Assistant Secretary of State for African Affairs Jendayi E. Frazer says.

Frazer told the Foreign Affairs Committee of the US Senate last week that the policy the US government was pursuing in the Horn was not beyond ensuring peace and helping advance development in Ethiopia and neighbouring countries.


Yangon Posters commemorate crackdown victims


Oslo : Posters commemorating victims of the recent military crackdown were sighted at a few locations in Yangon, the former capital of Myanmar, according to accounts compiled Monday by the Oslo-based opposition radio station Democratic Voice of Burma.

Military and security forces otherwise have full control over Yangon where a nightly curfew was still in force, the radio station's news editor Moe Aye said.


Stem cell trio honoured with Nobel Prize for medicine

By Xinhua

Stockholm : Martin Evans of Britain and Mario Capecchi and Oliver Smithies of the US have won the 2007 Nobel Prize for Medicine for their work on embryonic stem cell.

The trio shared the prize for "ground breaking discoveries concerning embryonic stem cells and DNA recombination in mammals," according to the Nobel jury at the Karolinska Institute.


Gordon Brown defends decision not to call for polls

By Dipankar De Sarkar, IANS

London : Shrugging off a miserable weekend, British Prime Minister Gordon Brown Monday made a stout defence of his decision not to call general elections this year, saying he needs more time to implement his political, social and economic vision for Britain.

"Yes, I did consider holding elections, but went with my first instinct, which was to get on with the job of implementing my vision for Britain," Brown told a crowded press conference.

"You've had a better weekend than I had," he told his media critics.


U.S. missionary facing bribery charge hospitalized

YUZHNO-SAKHALINSK, October 8 (RIA Novosti) - A U.S. missionary charged with bribing a Russian migration officer has been admitted to hospital with heart trouble, the pastor's lawyer said on Monday.

Soon after the regional court on Sakhalin Island in Russia's Far East released Pak Hio Sun from custody on September 24, under an agreement that he would not leave the area, the Pentecostal pastor was hospitalized with ischemic heart disease.

Defense lawyer Vyacheslav Zhigalov said doctors officially confirmed diagnoses of hypertension, atherosclerosis, a duodenal ulcer, and asthma.


Britons gloomy about economy -- survey

LONDON, Oct 8 (KUNA) -- Only eight percent of the British public feels optimistic about the future of Britain's economy, according to a new survey here Monday.
People are more likely to feel anxious (23 percent) or fearful (15 percent) as they await new Chancellor of the Exchequer (Finance Secretary) Alistair Darling's pre-budget report tomorrow, the research for accountants and business advisers "BDO Stoy Hayward," showed.
The poll also found support for tax changes that would benefit home-owners.