"A widening array of financial-market problems threatens to trigger a new phase in the global credit crunch, extending it beyond the risky mortgages that have cost banks and investors more than $100 billion in losses and helped push the U.S. economy toward recession," The Wall Street Journal writes.
Sen. Barack Obama won four decisive Democratic primaries over the weekend, prompting rival Hillary Clinton to replace her campaign manager. In the Republican primaries, Mike Huckabee won in Kansas and Louisiana, and Sen. John McCain took Washington.
If passed, a new proposal will guarantee that the presidential candidate who wins the popular vote will also get the electoral college vote. Maryland and New Jersey have already signed up for the bill that aims to avert a repeat of the 2000 election.
The U.S. government will seek the death penalty for six Guantanamo detainees who will be charged with having a central role in the 9/11 attacks. The first charges of high-profile detainees come more than six years after the first terror suspects were apprehended, The Wall Street Journal reports.
Venezuelan President Hugo Chavez’s handling of the country’s social and economic problems has drawn criticism even from his supporters. The New York Times reports that the president’s unquestionable authority might be on the wane.
At least 53 died after a series of attacks targeting Iraqi security forces and civilians in Northern Iraq. U.S. Secretary of Defense Robert M. Gates arrived in Iraq Sunday for talks with Iraqi government officials and U.S. military commanders.
Egypt won the African Cup of Nations final after Mohamed Aboutriaka’s goal in the 77th minute led the Egyptian team to a 1-0 win over Cameroon. The Pharaohs were not one of the favorites heading into the soccer tournament.
In ice hockey, Florida Panthers forward Richard Zednik is in stable condition after receiving a neck cut from teammate Olli Jokinen’s skate. The game, which the Panthers lost 5-3, was delayed 15 minutes for the blood to be cleaned off the ice. “We shouldn't have finished the hockey game,” said Jokinen. “I don't think anyone on our team was thinking hockey after an injury like that.”
The striking Writers Guild of America has approved a tentative agreement with studios. The deal will end a three-month-long strike that has delayed production of many TV shows and feature films and cost many their jobs.
The winning images at the annual World Press Photo competition were announced Friday. British photographer Tim Hetherington’s photograph of a U.S. soldier in Afghanistan published in Vanity Fair was named best news photo.
In his book “The Fox and the Flies,” Charles van Onselen purports to have identified Jack the Ripper as Polish emigrant and pimp Joseph Silver. Reviewer Charles Nichols concludes, “It has to be said that the evidence is often tenuous, and the links speculative, but perhaps tenuous and speculative are as good as we are going to get in a 120-year-old case that from the outset generated so many conflicting accounts and theories.”