Aug 8, 10:44 AM EDT

US markets fall sharply after S&P downgrade

http://hosted.ap.org/dynamic/stories/U/ ... 8-10-44-56

====

Aug 8, 10:56 AM EDT

S&P downgrades Fannie and Freddie, US-backed debt
http://hosted.ap.org/dynamic/stories/U/ ... 8-10-56-48

also lowered the ratings for: farm lenders; long-term U.S. government-backed debt issued by 32 banks and credit unions; and three major clearinghouses, which are used to execute trades of stocks, bonds and options.

====

Aug 8, 10:32 AM EDT

Gold price tops $1,700 as investors seek refuge

http://hosted.ap.org/dynamic/stories/U/ ... 8-10-32-06

allure stems in part from fears that the world's major economies are dangerously indebted.

====

Aug 8, 10:45 AM EDT

Zimbabwe president slams West for Libya efforts

http://hosted.ap.org/dynamic/stories/A/ ... 8-10-45-56

called NATO "a terrorist organization," no different from the Taliban and al-Qaida.

THERE WAS / IS NO AQ

TALIBAN = TROOPS OF ISLAMIC EMIRATE OF AFGHANISTAN

Good example of the DEADLY confusion spread wordwide by The Superpower

====

Aug 8, 8:40 AM EDT

India's Supreme Court fills governance vacuum

http://hosted.ap.org/dynamic/stories/A/ ... 8-08-40-10

In the past month, the court has frozen mining in the corrupt southern iron belt, disbanded an eastern counterinsurgency force, reversed the seizure of northern farmlands for development and begun searching for billions in illicit cash stashed abroad.

====

AIG sues BofA for $10 bln alleging "massive fraud"

NEW YORK | Mon Aug 8, 2011 8:10pm IST

http://in.reuters.com/article/2011/08/0 ... 7820110808

deepening the morass of litigation faced by the largest U.S. bank.

====

President al-Assad Issues Decree Naming Gen. Dawood Rajiha Defense Minister

Aug 08, 2011

Gen. Habib was awarded a number of military medals and received excellent rank promotions over his honorable participation in October Liberation War.

Gen. Habib has been ill for some time, and his health condition deteriorated recently.