UK & USA Today Editoweb 16 january 2009

Pilot hailed a hero after crash 'miracle'

A US pilot is being hailed a national hero after all 150 passengers and five crew survived a crash landing into New York's Hudson River.

'Friendly fire' probe over deaths

An investigation was under way into whether two British servicemen killed in southern Afghanistan died as a result of "friendly fire".

Brown Meets King As Shares Plunge

Gordon Brown has met Bank of England governor Mervyn King and the Financial Services Authority chairman - as shares in Barclays Bank plunged by more than 20% in an hour.

Boy George jailed for escort attack

Boy George is starting a 15-month jail term for a "humiliating" attack on a male escort.

Honda announcement adds to jobs woe

More jobs were lost and a leading car firm announced a four-month halt in production, ending another grim week for employment, with further cutbacks expected as the UK heads for an official recession.

Shock Barclays Bank Shares Plunge

Shares in Barclays Bank have plummeted by more than 20% in an hour of alarming trading.

Wall Street unable to sustain rally, turns lower

The reality of rising losses at Citigroup Inc. and Bank of America Corp. sank in on Wall Street Friday, making investors increasingly pessimistic about the struggling financial industry and forcing them to give back a big early gain.

US Treasury targets alleged Al Qaeda operatives with Iran ties

The US Treasury Department on Friday targeted four alleged Al Qaeda operatives under an executive order, freezing their assets under US jurisdiction and outlawing transactions between them and US citizens.

Bush claims economy on track to recovery

President George W. Bush said Friday that while the current economic crisis has sent shock waves around the world, he believes steps taken by his administration have "laid the groundwork for a return to economic growth and job creation" early in the administration of President-elect Barack Obama.


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