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Recent for 10/12/08

  • Turkey Bombs PKK In Iraq · Turkish jets bombed Kurdish rebel positions in northern Iraq, targeting a Kurdistan Workers' Party (PKK) base in Iraq's mountainous Zap region. (BBC) It was the seventh cross-border air strike since a PKK attack on a Turkish outpost on 3 October killed 17 troops.
  • Morgan Stanley, Mitsubishi Renegotiate Investment · Japan's Mitsubishi UFJ Financial Group is reportedly trying to renegotiate a planned $9 billion investment in Morgan Stanley, which lost nearly half its market value during last week’s stock market plunge. The bank wants assurance the U.S. Treasury will not dilute its stake through additional capital injections. (NYT)