Yemen

Insecurity and clashes in northern Yemen keep aid from thousands in need – Tens of thousands of people have been displaced by the latest wave of fighting in northern Yemen alone, and the number is growing daily,” said UN Emergency Relief Coordinator John Holmes at the start of a three-day mission to the country.

U.K.

At the Conservative Party conference in Manchester the shadow chancellor, George Osborne was pushing for cuts in government spending, reduced middle-class benefits and public sector pay freezes.

David Cameron, leader of the Conservative Party, has become a plausible future prime minister – in his speech on Thursday He managed to create a new Britain under Conservative rule where “more children grow up with love and security,” where “communities govern themselves,

The European Commission sought comment from Microsoft’s rivals about a proposed antitrust settlement in which Microsoft will offer a choice of several web browsers within its Windows operating system

Canada

A study that resulted with the hypothesis that annual flu shots may make it easier to contract swine flu has caused most Canadian provincial governments to postpone or limit flu vaccination programs.

U.S.

The Norwegian Nobel Committee says U.S. President Barack Obama has won the 2009 Nobel Peace Prize for "his extraordinary efforts to strengthen international diplomacy and cooperation between peoples."

Researchers unveiled fossils from a 4.4 million-year-old human forebear that reveal our ancestors were more modern than scholars assumed. In similar news The Senate Finance Committee will vote next Tuesday on legislation to revamp the health care system.

Republican Sen. Olympia Snowe is the only member of Congress from her party who supports the Obama administration's health-care reform

Republicans had sought to unseat Charles Rangel Democratic New York congressman from his chairmanship while an ethics panel investigates his financial lapses.

President Obama will meets with his Afghan war council today to discuss not only strategy, but also the mission itself in Afghanistan

Pakistan terrorism

At least 49 people have been killed, and more than 100 injured in a suspected suicide bombing in a crowded bazaar in Peshawar. A suicide bomber reportedly detonated himself when his car was next to a passenger bus in the market, thought to be carrying a number of children

Congo

A United Nations assessment team has succeeded in rebuilding the disarmament and integration of some ethnic fighters into the national army in strife-torn eastern Democratic Republic of Congo (DRC) after they rejected the process or set preconditions.

Israel has not ruled out military action if diplomacy fails to end a dispute over Iran’s nuclear facilities, akin to U.S. policy, although Washington is engaged in a drive to resolve the issue through direct talks with Tehran.

Finance

Jurors convicted Anthony Marshall of stealing from his mother, legendary New York socialite Brooke Astor giving himself an unauthorized raise of about $1 million for managing his mother's finances.

Astor, who died in 2007 at the age of 105, suffered from Alzheimer’s. Marshall and Astor's lawyer, Francis Morrissey Jr., have been accused of exploiting Astor's ailments to coax her into directing millions of dollars their way. Her will was changed in 2004, so that her estate was assigned outright to Marshall in 2004.

A dozen executives and high-level employees of corporations have been criminally charged with violating the Foreign Corrupt Practices Act this year, already surpassing last year's tally of 11 defendants.

Both European Central Bank and the Bank of England are trying to ascertain whether current policies have been enough to halt the economic slide in Europe.

The Justice Department launched an investigation to determine if I.B.M. abused its monopoly position in a vital computing market.

U.S. banks are slow to take losses on delineated commercial real-estate loans, said a Fed report, and with low loan-loss reserves risk a another bust in the housing market is now hitting the housing sector.

It has been one year since the U.S- government bail out of the collapsing mortgage giants-Fannie Mae and Freddie Mac the agencies have taken $96 billion from the Treasury

AT&T today announced it has taken the steps necessary so that Apple can enable VoIP applications on iPhone to run on AT&T's wireless network.

In a previous Hub I wrote - China has enough cash on hand to weather any crisis couple with their astute form of rudimentary capitalism has left them relatively immune from the current Financial crisis. Apparently some think that China’s government has too much credit and that lending is leading to unsustainable asset-price inflation, while wasteful investment is producing excess capacity. As a result, a bust down the road will inevitably follow China’s stimulus if the Yuan does not rise.