Kenya Star
KenyaStar.com Monday 6th October 2008 Issue 1629
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DJI:345.439979.953.35%
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S&P:43.071056.163.92%
NAS:83.701863.694.30%
Nikkei:465.0510473.14.25%

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On the record
"The House of Representatives has shown a catastrophic failure of leadership. Monday’s vote, rejecting Hank Paulson’s admittedly imperfect plan to add liquidity, transparency and perhaps a little capital to the banking system, was shameful. It was a triumph of political expediency over the needs of the nation. The signal was that congressmen would rather save their seats than do what it takes to keep the US payments system functioning. The vote was reversed on Friday but the message cannot be unsaid."
Financial Times editorial
The leading British financial newspaper was making its point in an editorial published on Saturday.

Exchange Rates
$£€United States, DollarEuroKenya, ShillingEthiopia, BirrSouth Africa, Rand
United States, Dollar-0.73972.759.7508.846
Euro1.351-98.3313.1811.96
Kenya, Shilling0.0130.010-0.1340.121
Ethiopia, Birr0.1020.0757.461-0.907
South Africa, Rand0.1130.0838.2231.102-

Seniors
  • * Survey finds middle-aged workers worry about losing jobs
  • PanGenetics To Initiate Clinical Study Of CD40 Antagonist Antibody In Psoriatic Arthritis
  • Breast Cancer Remains Threat For Older Women
  • Man hits elderly women with phone
  • Elderly gays forging new alliances

    Arts
  • Honeybees decode the waggle dance by applying simple maths
  • Britney eying Broadway to launch powerful comeback
  • Andrew Lloyd Webber won
  • Lok Sabha likely to be dissolved on October 27
  • Tina Turner returns with impressive performance

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    Kenya Star
    Breaking News
    Artumas says sees 300 MW power for Tanzania by 2012
    + ] By George Obulutsa DAR ES SALAAM, Oct 6 (Reuters) - Canada's Artumas Group Inc (AGI) expects a 300 megawatts (MW) natural gas-powered project it is working on in southern...

    Global financial crisis will hurt Kenya badly--PM
    + ] By Crispian Balmer EVIAN, France, Oct 6 (Reuters) - The global financial crisis will hit Kenya's economy badly, Prime Minister Raila Odinga told Reuters on Monday, rejecting previous...

    Zuma back in court
    The leader of South Africa's governing African National Congress (ANC) will return to the dock in a Durban High Court on 22 October to hear the National Prosecuting Authority's (NPA) appeal against...

    More breaking stories
    World
    Currency markets in turmoil as global stocks plunge
    Foreign exchange markets are experiencing violent gyrations Monday amidst global markets...

    Obama and McCain present conflicting views on Iraq
    Presidential candidates Barack Obama and John McCain have presented conflicting visions of how they plan to shrink American military presence in...

    John McCain regarded as cavalier air force pilot
    Though Republican presidential candidate John McCain has used his war hero status to push his political ambitions, fresh evidence has surfaced that the ex-navy pilot was actually accident...

    More international stories
    Business News
    Dow dives 800 points, recovers nearly 440 points
    Unsurprisingly Wall Street was sharply lower...

    European equities sell off sharply
    Stock markets in Europe joined their Asian counterparts Monday in sending stocks into a...

    Policy experts say more must be done to stimulate US economy
    The Federal Reserve and US Treasury have been asked to take further measures to stimulate the ailing credit...

    More business stories

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  • Kenya Weather
    Nairobi Jomo24°C/75°F
    Mombasa29°C/84°F
    Nakuru20°C/68°F
    Kisumu28°C/82°F
    Eldoret20°C/68°F

    Complete List

    Movie Review

    More Kenya News
  • Joburg gay pride festival successfully completed
  • Venture Capital Funds Seek Local Partners
  • Kenya shilling eases against dollar
  • Last chance for Kenya in Tunisia tournament
  • 8 Kenyans back from Ethiopia want police charged

    Health
  • German stocks at 27-month low
  • Just one chemo jab can cure testicle cancer
  • Breast cancer vaccine is a possibility, says expert
  • Simple blood test can detect serious bacterial infections in infants
  • Free drug samples may be unsafe for kids

    Africa
  • Nigerian oil militants release 19 hostages
  • Zimbabwe parties fail to break impasse
  • Peacekeepers protect Darfur camp amid attack fears
  • US Navy says crew on hijacked ship near Somalia OK
  • BHGI and Ghana combat breast cancer together

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    Hotel Review
    Hyatt Regency Almaty, Kazakhstan
    Hyatt Regency Almaty, Kazakhstan

    The Hyatt Regency Almaty is a near new luxury hotel situated in the central business district of Almaty near the Exhibition...


    South Africa
  • S.African stocks, rand plunge on run from risk
  • Mother tells court how husband shot kids
  • IMF chief warns of global slowdown
  • Somalian shot dead in robbery
  • CORRECTED - Mali appoints banker as new mines minister