- Bailout Goes to House Vote:
The US House will vote on the Wall Street bailout bill today. President Bush spoke this morning urging the House to pass the measure. He said, "I'm confident that this rescue plan, along with other measures taken by the Treasury Department and the Federal Reserve, will begin to restore strength and stability to America's financial system and overall economy." Both candidates cautiously support the measure.
- Abducted Tourists Freed:
A group of Italian and German hostages, abducted 10 days ago in Egypt, have been freed and are on their way to a military base in Cairo. No ransom was paid though the German government had been negotiating with them. Few details are known about the conditions of their release, though the Egyptian defense minister said half of the captors had been "eliminated."
- Floods Kill 41 in Vietnam:
Typhoon Hagupit has triggered flooding in Vietnam killing 41 and injuring 60 more according to disaster officials. The typhoon made landfall last week and has caused severe landslides in mountainous provinces. The damages so far have been estimated at $60 million. An additional typhoon in Taiwan has killed two and injured 58 as well as forcing the closing of schools and the financial market.