By STEVEN ERLANGER
RAFAH, Egypt — Tens of thousands of Palestinians streamed into northern Egypt on Wednesday after Hamas militants blew up parts of the fence dividing Egypt from the Gaza Strip, forcing an end to the closing of Gaza that had followed Hamas’s takeover of the territory last summer.
On foot, bicycle, donkey cart and […]
Posted on January 24th, 2008 by admin
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By SOLOMON MOORE and RICHARD A. OPPEL Jr.
BAGHDAD — American-backed Sunni militias who have fought Sunni extremists to a standstill in some of Iraq’s bloodiest battlegrounds are being hit with a wave of assassinations and bomb attacks, threatening a fragile linchpin of the military’s strategy to pacify the nation.
At least 100 predominantly Sunni […]
Posted on January 24th, 2008 by admin
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News Analysis
A Fear That the Cure Could Be Poison
By EDMUND L. ANDREWS
WASHINGTON — Even as the Federal Reserve grapples with the collapse of a speculative bubble in housing — the second speculative bust in less than a decade — is it at risk of repeating recent mistakes?
One day after the Fed […]
Posted on January 24th, 2008 by admin
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By VIKAS BAJAJ and JENNY ANDERSON
Even as stocks ended five days of losses with a surprising recovery on Wednesday, officials began moving to defuse another potential time bomb in the markets: the weakened condition of two large insurance companies that have guaranteed buyers against losses on more than $1 trillion of bonds.
Regulators fear […]
Posted on January 24th, 2008 by admin
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By THE ASSOCIATED PRESS
LOS GATOS, Calif. (AP) — Netflix, the online DVD rental service, said Wednesday that its fourth-quarter earnings rose 6 percent as it gained subscribers and its operating expenses fell.
For the quarter that ended Dec. 31, Netflix earned $15.8 million, or 24 cents a share, compared with $14.9 million, or 21 cents […]
Posted on January 24th, 2008 by admin
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By REUTERS
Qualcomm, the wireless technology and chip supplier, posted a higher quarterly profit on Wednesday on demand for its mobile phone chips.
The company also gave a forecast for the current quarter in line with analysts’ expectations.
Qualcomm posted a profit of $767 million, or 46 cents a share, for the period that ended Dec. 30, […]
Posted on January 24th, 2008 by admin
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