News Update: Interest rates slashed in extraordinary move to ease crisis
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Wednesday, October 8, 2008 | ||
TOP STORIESMajor central banks slash rates in extraordinary move to ease crisisCoordinated action comes as markets tumble in Asia, Europe. Bank of Canada cuts by 50 basis points. Stock futures jump after announcement. 7:42 AM Analysis: Can Harper turn it around?The Tory Leader's challenge is to convince Canadians he understands their needs in a time of economic turmoil. 12:57 AM Promises, promisesCompare where the federal parties stand on key issues 6:30 AM Economy debate is money in bank for Obama | ||
Report on Business
Britain bolsters banks
2
Stocks in Canada, the United States and much of the rest of the world spiral downward 3:16 AM
2
'The grease that keeps the engine going'
You know things have become very strange in the financial world when U.S. Federal Reserve Board chairman Ben Bernanke is forced to borrow from the playbook of Arthur Burns 1:40 AM
Lucky or prescient? Chrétien takes credit for stronger banks
16
Amid the worst financial crisis in a generation, Canadian banking system has emerged as the most stable and best performing in the world 1:42 AM
16
U.K. bank turmoil threatens BCE deal
19
Bailout won't get RBS 'off the hook' 07/10/08 9:01 PM
19
RIM launches touch-screen smartphone
BlackBerry Storm's keyboard actually clicks as users type 6:51 AM
National
RCMP sought out 'critiques' of Insite, group says
61
Police force confirms it was ‘involved in some type of research into supervised injection sites' but offered no other details 07/10/08 10:19 PM
61
Oil sands will pollute Great Lakes, report warns
21
Massive refinery expansions for processing crude threaten to wipe out clean-up progress around world's largest body of fresh water 1:55 AM
21
Parents of slain Chinese girl slam Canada for inaction
25
Ottawa has refused all requests to co-operate with Chinese investigators 1:56 AM
25
Mentally disabled man sues Toronto police after bedroom tasering
27
Lawyer says George Lochner was hit with taser at least five times 07/10/08 6:03 PM
27
Ontario to make it easier to say 'sorry'
46
Legislation would prevent use of apology in lawsuit 07/10/08 5:02 PM
46
World
Russian military pulls back in western Georgia
Russian troops on Wednesday started pulling back from checkpoints in a buffer zone outside Georgia's breakaway South Ossetia region, a Russian military spokesman said 3:16 AM
Why it's so hard to negotiate with the Taliban
5
Militants deny talks have taken place to keep fighters motivated and reject the government's conditions for coming to the table 1:26 AM
5
Hamas threatens deeper split if Abbas doesn't call election
1
Gaza rulers pledge to pick their own leader 1:27 AM
1
Harvard gets largest ever donation from an individual: $125-million
34
Money from engineer and entrepreneur to fund bioengineering institute 07/10/08 5:17 PM
34
Life
The stray cat who won us over
Every night he appeared at our door begging for food. Guilty as we felt, we couldn't afford another cat 07/10/08 12:00 AM
Financing frosh in a time of fear
16
As markets melt and investors panic, parents are worried their RESPs won't deliver the goods. Tralee Pearce reports on coping strategies 07/10/08 9:06 AM
16
Rug rats become gym rats
5
New research suggests that weightlifting is safe for kids 07/10/08 9:40 AM
5
Exotic pets pose health risks
15
Reptiles, monkeys, rodents and other exotic pets are soaring in popularity, but shouldn't be welcomed in homes with babies, toddlers or people with immune-system problems, says report 07/10/08 9:30 AM
15
Health
Study warns of the darker side of tanning
17
New research by the Canadian Cancer Society indicates that the industry is failing to protect clients from potential risks 07/10/08 10:16 AM
17
Plastics ingredient linked to smaller penises
47
Exposure of expectant mothers to phthalates linked to smaller penis size and incomplete descent of testicles in their baby boys 07/10/08 9:05 AM
47
Obesity linked to prostate cancer deaths
23
Rising insulin levels from excess weight are to blame, new study suggests 05/10/08 7:07 PM
23
Science
Three honoured with physics Nobel
15
Two Japanese, one American earn recognition for discoveries in subatomic 'broken symmetry' 07/10/08 9:27 AM
15
Robot suit helps people walk
6
Mobility problems can be overcome with rental of HAL – a device that reads brain signals to help move limbs 07/10/08 9:52 AM
6
Solar cells with a twist
8
Researchers develop silicon-based flexible device transparent enough to be used to tint windows 07/10/08 9:58 AM
8
Future looks bleak for many species
257
Humans pose biggest threat to other mammals; 1,139 species – one in four – face possible extinction, study found 06/10/08 8:11 AM
257
Technology
Will Apple's suit against B.C. school bear fruit?
102
Company threatens to fight for symbol 06/10/08 6:30 PM
102
EBay cuts 1,000 jobs, to buy Bill Me Later
11
Company expects restructuring charges of about $70-million to $80-million as a result of the cuts, and buy Bill Me Later and two other sites 06/10/08 11:14 AM
11
The coming of the digital revolution
38
In February, U.S. broadcasters will shut off their analog signals. What does that mean if you have cable or satellite? Nothing. But if you have an antenna and you still want U.S. channels, things get more complicated 03/10/08 10:25 PM
38
Sports
15 Questions
6
Eric Duhatschek ponders some interesting issues before the NHL season begins in earnest 07/10/08 11:47 PM
6
Weir has designs on second career
3
Golfer intends to get into course design, sooner rather than later 07/10/08 11:07 PM
3
Boston's homegrown difference
6
When it comes to drafting and developing and building from within, the Red Sox have been at least as good as the Rays 07/10/08 10:09 PM
6
Raptors open on winning note
O'Neal makes presence felt in exhibition opener against Cavaliers; James sees limited action 1:49 AM
Arts
'The next generation' of writers is nominated
Sophomore novelists and rookies have taken all five positions as finalists for this year's Scotiabank Giller Prize 07/10/08 10:53 PM
Vancouver's Tim Lee takes Sobey Art Award
One of Canada's most internationally acclaimed rising stars nabs $50,000 prize 07/10/08 10:53 PM
How to lose friends (and land a movie deal)
British journalist Toby Young knows a thing or two about alienating people. In fact, you could say he's built a career on it 07/10/08 10:53 PM
China to air Bruce Lee biography
4
Kung fu movie star – ignored in China while he was alive – to be marked with 50-part series 07/10/08 9:46 AM
4
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