Months of Intelligence Work Led to Betancourt’s Rescue at izbrano

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Months of Intelligence Work Led to Betancourt’s Rescue

Spiegel - Months of careful intelligence work led to the dramatic rescue of Ingrid Betancourt and 14 other hostages held by Colombian guerrillas. The Colombian government’s triumph is a blow to FARC rebels, Venezuelan President Hugo Chavez and France’s Nicolas Sarkozy.

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U.S. Agrees to Rescue Struggling Citigroup

WS Journal - The federal government agreed Sunday night to rescue Citigroup Inc. by helping to absorb potentially $306 billion in losses on toxic assets on its balance sheet and injecting fresh $20 billion into the troubled financial giant.

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Art’s too expensive, says Hirst

Independent - Just months after the success of a ground-breaking sale at Sotheby’s that brought him nearly £100m, Hirst has described the art market as over-priced, and welcomed the prospect of selling his work at cheaper rates in the present climate of recession.

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Paul Krugman: The lame-duck economy

IHT - How much can go wrong in the two months before Obama takes the oath of office? The answer, unfortunately, is: A lot. Consider how much darker the economic picture has grown since the failure of Lehman Brothers, which took place just over two months ago. And the pace of deterioration seems to [...]

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