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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Mar 19, 2008
Page
17
Federal authorities authorized Oregon and Washington agencies to capture sea lions at the Bonneville Dam and hold them for 48 hours to place in an aquarium or similar facility. those that refuse transport could be euthanized to protect salmon runs.
President Bush said the administration is ready to intervene again to stabilize the economy. He added that if further action is needed, the United States will take it without harming the long term financial health of the economy.
Michael Mastromarino a 44 year old former oral surgeon pleaded guilty in a New York court to leading a scheme from 2001 to 2005 to plunder corpses from funeral homes and sell body parts for millions. He faces 18 to 54 years in prison and must forfeit 4.68 million dollars.
The Federal Reserve slashed the federal funds rate by three quarters of a percentage point, the sharpest two month cut in 25 years, lowering the rate to 2.25 percent. Banks responded by cutting prime lending to 5.25 percent as Dow Jones jumped over 420 points on the day.
The Federal Reserve cut the funds rate by three quarters of a point twice in two months and lowered the discount rate to 2.5 percent. The moves aim to lower borrowing costs, spur consumer and business spending, and lift economic activity amid a housing slump rising unemployment and energy price surges.
Astronauts prepared Dextre the 12 foot tall robot with 11 foot arms for relocation to a new position on the U S lab Destiny. The robot built by the Canadian Space Agency with a price tag over 200 million dollars will stay at a new location for months and undergo tests after the assembly and multiple spacewalks.
Singapore Airlines Flight SQ308, operated by an Airbus A380, celebrated its first commercial service to Europe marking a milestone for the carrier and highlighting the A380’s long haul capabilities. The event underscored SQ’s expansion of transcontinental routes and premier passenger experience.
Chinese premier Wen Jiabao accused Dalai Lama supporters of organizing violent clashes in Tibet to sabotage the Beijing Olympics. The Dalai Lama urged peaceful action and hinted China may have created unrest to discredit him.
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