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Front Page: Protesters Trap Thai Legislators, Fed Considers Plan to Buy Debt, Report of Western Plane Down


  • Thai Legislators Trapped:
    Thousands of anti-government protesters surrounded the Thai Parliament today, trapping legislators inside for more than five hours. The incident followed a day of street clashes that left more than 100 people injured. The siege was an escalation of a six-week sit-in seeking to change the country’s democratic system to weaken the electoral power of the rural poor.

  • Fed Considers Plan to Buy Debt:
    The Federal Reserve is considering a proposal to buy large amounts of unsecured short-term debt that companies use to finance daily activities. The plan is a radical move to jump start the financial system, and though it puts more taxpayer dollars in play, a radical move is seen as necessary to reinvigorate the financial system. The Dow finished below 10,000 yesterday for the first time since 2004.
  • Report of Western Plane Down:
    Iranian news is reporting Iran has forced down a Western plane that entered its airspace. After initial reports that it was a US military plane, a claim refuted by the Pentagon, a senior Iranian official says the plane belongs to a European aid agency. Apparently the occupants of the plane have been released following questioning.

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