New home sales hit record high amid rate fears in October
The Commerce Department reports new single family home sales rose to a record annual rate of 1.42 million in October, a 13 percent jump from September. Analysts say buyers rushed ahead of higher mortgage rates, signaling a possible housing-market slowdown after five years of gains.
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Deadline passes for Web phone 911 service
Vonage Holdings and other Internet phone providers missed the 911 service deadline set by the FCC. The commission gave 120 days to implement E911 in all service areas, potentially barring new customer signups in many markets. New Hampshire Democrats vow to fight if the national party does not back preserving Iowa and New Hampshire as the first 2008 contests.
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Four Western peace activists held by new Iraqi kidnap group
Video shows four captives from Christian Peacemaker Teams, an American, a Briton and two Canadians, seized near Baghdad by the Swords of Righteousness Brigade. Tape links the group to broader violence as Germany faces threats over its ties to Iraq.
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Germany
Liberal groups struggle to unite against Alito nomination
In Washington, civil rights and women’s groups face rebuffs as they seek Democratic cohesion to block Judge Samuel Alito’s Supreme Court nomination. With two months to a projected vote, organizers push targeting states and fundraising for TV ads while Republicans hold 55 of 100 Senate seats.
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Harbin taps safe water after chemical spill shock
Harbin officials say city water is safe to drink after a five day shut down caused by a November chemical plant explosion in the Songhua River. Yet experts warn benzene and other toxins may linger in ice bound river sections until spring, prolonging fears. Local residents remain wary as Russia faces potential ecological impact from the contaminant plume heading toward the Amur.
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Martin starts campaign in Canada after no-confidence topple
Prime Minister Paul Martin left Rideau Hall with Sheila Martin to launch a campaign in Ottawa. He enters a snap election on Jan. 23 amid polls showing a slim lead for his minority government, highlighting a strong economy with unemployment at a 30-year low and repeated budget surpluses. Ahmadinejad reviews missiles with top commanders in Iran as security highlights loom.
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Iran eyes foreign space tech for satellite program
Tehran's space agency seeks quickly to acquire technology from abroad amid fears Western restrictions similar to those on Iran's nuclear program. The push aims to expand Iran's space prowess and regional influence while opponents worry about military use, including potential threats to Israel. Iran's Shahab 3 missile with a range over 1,200 miles already covers parts of the Middle East.
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Blair considers new generation of nuclear power stations
Prime Minister Tony Blair said Britain may build a new generation of nuclear plants as energy policy returns to the forefront. He noted rising prices and potential shortages while acknowledging aging reactors that could drop nuclear's share from about one fifth to four percent by 2010. A government policy paper on energy resources will next summer examine this option.
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