US Shares Rise Sharply after $1tn Debt Bailout
US shares rise sharply as Wall Street backs $1tn debt bailout
Timothy Geithner, the embattled US treasury secretary, won a burst of approval from the financial markets last night as Wall Street stocks rose sharply on a $1tn proposal for a partnership of public and private investment to rescue Wall Street’s struggling banks.
In the biggest one-day rally since late October, the Dow Jones industrial average leapt by 497 points to 7,775‚ a rise of nearly 7%, as a clutch of encouraging economic figures fuelled a sense of relief that the Obama administration is poised to act on the financial crisis.
American Scholarships for Iraqi Students
Iraqi Offer of Scholarships Draws Crowds to U.S. College Recruiters
Nearly 100 Kurdish college students thronged to a conference center here a few weeks ago to talk to representatives from the University of Kansas and the University of Oregon, West Virginia University and the Monterey Institute of International Studies, among others.
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The New York Times
Officials from American universities visited Sulaimaniya.
The students’ questions tumbled out: “Do you have a computer science program?” “How long does it take to get a degree?” “Can I study English at the same time?”The college fair in Sulaimaniya followed a similar one in Baghdad where some 700 students flocked to meet with mostly American college recruiters at the first event of its kind in Iraq, a recruiting session for Iraqi students who want to study in American and British Commonwealth institutions.
Scholarships and fellowships for international students (daily updated) can be found here, here, here and here.
Chávez Lambasts Obama as ‘Ignorant’
President Hugo Chávez of Venezuela called President Obama “ignorant” on Sunday, saying he has a lot to learn about Latin America.
17 killed in Montana plane crash
A single-engine airplane crashed near Butte, Montana, on Sunday, killing at least 17 people, a Federal Aviation Administration spokesman said.

