| Agence France-Presse
The focus today (Monday) is clearly on the reaction of European markets to weakness in Asia overnight, and all eyes will turn towards Wednesday evening's Fed rate decision." World equities were battered last week by persistent fears about the health of the global financial sector after it emerged that Societe Generale had a deep hole in its accounts attributed to fraudulent dealing by a lone trader. On Monday, the share price of Societe Generale dived 4.09 percent to 70.85 euros in Paris trade. Elsewhere, traders are awaiting an all-important interest rate decision from the US Federal Reserve on Wednesday. In an emergency move last week, the Fed slashed American borrowing costs by 0.75 percentage points to 3.50 percent in a bid to soothe slumping world stock markets and US economic concerns.
Fever pitch
NASHVILLE, Tenn. — Nearly a dozen country music stars converged on Nashville on Tuesday to help announce one of the largest and most popular festivals of its kind in the nation — Country Fever Fest, which will run June 12-15 at the Catch the Fever Festival Grounds, 114 S. Mill St., four miles north of Pryor. This year's lineup will include more than powerhouse headliners, such as Willie Nelson, Sugarland, Joe Nichols and Gretchen Wilson, promised event organizers. As panelists from Kevin Fowler to Cowboy Crush squeezed onto the stage of Nashville Palace in Music City, USA, the venue fi lled with reporters and radio personalities from across the Midwest. The event was led by Oklahoma's own John Cooper, frontman of the Red Dirt Rangers. Oklahoma roots run deep throughout this acclaimed festival, especially for 2008.
Obama: Beware 'Reverse Bradley'
There's a sort of hectoring naivete, as if Klein's too inexperienced to know that "call us back to our highest selves" is a drained cliche. And why do the whippernsappers always have to lecture? ... P.S.: The whole post isn't this bad. It's actually worse. And pompous! ... [via Corner and reader N.B.] ... 9:19 P.M. ___________________________ Mo' Iowa: 1) Polipundit suggests Obama may have benefitted in Iowa from a "reverse Bradley effect.' The open, public voting of the caucuses provided Democrats with "a golden opportunity to show your next-door neighbors just how enlightened and progressive you are, by supporting the liberal black candidate." On a secret ballot, Obama wouldn't do as well. If the Reverse Bradley Effect holds, then, Obama will do worse in New Hampshire than his Iowa triumph would lead you to expect, even if Hillary does nothing to change anyone's mind.
October 2007 Archive
After coming from nowhere to win the Australian, Serena's results have slowly faded and injuries have flared up again. But we've all learned never to count her out, and indoors in Madrid, she's still capable of punching past the Belgian. She won't be the favorite though, and any psychological edge she had over Henin shrank considerably when Henin managed a convincing win over her at the U.S. Open. Only some great serving and a very good day will do it. Chance of defeating Henin: 30 percent Record vs. Henin: 6-6 5. Anna Chakvetadze: Fulfilled a long-time ambition by hitting the top five this year, but she's still mentally suspect and has trouble asserting her eclectic game against Henin, who's always quick to pounce on a weak spot. Chance of defeating Henin: 12 percent Record vs.
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