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IMF Forecasts Deeper Recession; Craigslist Killer; Obama's Stimulus Package

2,914 views · Published 22 April 2009 · 6:51 · Indexed 5 October 2026

Channel: DEMCAD · 2009 · News & Politics

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IMF Says Global Recession Will Be Deeper, Recovery Slower
•IMF said in a new forecast released today that the world economy will shrink 1.3 percent this year, compared with its January projection of 0.5 percent growth.
http://www.bloomberg.com/apps/news?pid=20601087&sid=awB_jh0UkvLI&refer=home

Morgan Stanley Loss Exceeds Analysts Estimates
•Morgan Stanley, the fifth-biggest U.S. bank by assets, reported a bigger-than-estimated loss after real estate and debt-related writedowns overwhelmed trading gains. The company cut its dividend to 5 cents a share. 
•The first-quarter loss was $177 million,
http://www.bloomberg.com/apps/news?pid=20601087&sid=aPt87Xkyor0w&refer=home

Airlines cut 27,500 jobs in past year
•6.6% reduction
http://www.bizjournals.com/albany/stories/2009/04/20/daily30.html

Volvo to cut more than 1,500 jobs
http://uk.reuters.com/article/motoringAutoNews/idUKLM65512520090422

Human Clones
•A controversial fertility doctor claimed yesterday to have cloned 14 human embryos and transferred 11 of them into the wombs of four women who had been prepared to give birth to cloned babies.
•The cloning was recorded by an independent documentary film-maker who has testified to The Independent that the cloning had taken place and that the women were genuinely hoping to become pregnant with the first cloned embryos specifically created for the purposes of human reproduction. 
http://www.independent.co.uk/news/science/fertility-expert-i-can-clone-a-human-being-1672095.html

Motive sought for alleged Craigslist killer
•Police are investigating whether accused Craigslist killer Philip Markoffs alleged assaults on Boston-area escorts when triggered by his gambling problems.
•The "Craigslist Killer" was a high-tech BlackBerry addict who stalked his victims in cyberspace - and in the end
•*Meeting people on the Internet is dangerous. You gotta crazy to craigslist for hooking up
http://www.boston.com/news/local/massachusetts/articles/2009/04/22/craigslist_known_as_aid_and_enabler/
http://www.chicagotribune.com/hc-philip-markoff-0422.artapr22,0,1171547.story

San Fran Mayor Newsom announces he's running for governor of CA
http://www.breitbart.com/article.php?id=D97MV6A81&show_article=1

Chris Simcox, who founded the border-patrolling Minuteman Civil Defense Corps, plans to challenge John McCain in the 2010 Arizona Senate race
http://www.politico.com/blogs/bensmith/0409/McCain_facing_2010_primary.html?showall

Stimulus Package Driving Hybrid Bus Orders
•Transit systems across the country are using newly awarded stimulus funds to order hybrid buses.
http://www.cnbc.com/id/30194631

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