| Market falls continue as £84bn is lost on Black Monday
The president appealed to Congress for the plans to be implemented quickly to "keep our economy growing and create jobs". Mr Darling and Gordon Brown, the Prime Minister, will be watching developments in the US with trepidation.A recession in the US could have a serious knock-on effect on the UK economy. .
Mulling the Impact of China's Snowstorms
China's worst snowstorm of the century, which started in January, has raised alarm bells particularly related to the potential impact on the mainland's already problematic infrastructure and inflation. But some are saying the threat to the mainland's economy is manageable. Tao Dong, chief regional economist at Credit Suisse in Hong Kong, notes that power shortages and transport disruption have been the biggest casualties of the snowstorm. Around 78% of China's power is derived from coal-fired plants. Without trains to deliver coal freight, the National Power Grid says its latest coal inventory has fallen to just 16.58 million tonnes an all-time low that's just barely sufficient for seven days worth of production. The snowstorm has also toppled 330 major power lines and 96 electricity transmission towers, worsening China's persistent power shortage woes.
Guardian Daily podcast: Northern Rock nationalised
In our daily audio show, Andy Duckworth and guests discuss the nationalisation of Northern Rock; Kosovo's declaration of independence; gang culture inside high security prisons; plus are supermarkets or the government more important to farming? .
Aggressive Diabetes Therapy Lowers Death Risk, Study Finds
The study, involving more than 10,000 people, was dubbed the ACCORD (Action to Control Cardiovascular Risk in Diabetes) trial, and was stopped early on safety concerns after researchers found an increased risk of mortality in those whose blood sugar was aggressively managed. Although the death rates in both treatment arms of the ACCORD trial were lower than is seen in the general population, 257 people who were on therapy to get their blood sugar levels in the non-diabetic range died versus 203 people receiving standard treatment. "In the ACCORD trial we wanted to learn, does aggressive glucose lowering decrease the risk of cardiovascular disease? But, we found that in patients whose [blood sugar levels are] high, if we try to drive it to normal, there may be harm," said Dr.
Brian Kagoro transcript for BTH
Guma: Ok, but a lot of people are suspicious Mr Kagoro mainly from the fact that Mr Makoni had a private meeting with Mr Mugabe two weeks ago in fact and no-one is privy to what was discussed during that meeting and a lot of people are throwing accusations that Makoni is a spoiler and is there to take away the urban vote. Kagoro: There is a huge assumption that that urban vote would go to somewhere. The reality with this election, those of us who are trying to monitor it scientifically, is that many urban voters are not happy with the ruling party, they are unhappy with the opposition, if you just look at the e-mail trail of the responses to the failure by the two factions of the MDC to unite…there was no guarantee that that urban vote will go to the MDC. So this approach to the elections in a very unscientific and speculative way is worrisome.
|
