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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Oct 14, 2005
Page
9
The report surveys national headlines alongside U.S. monthly trade data, outlining shifts in imports and exports. Analysts note influences from policy changes and global market conditions, with attention to sectoral impacts on manufacturing and consumer goods.
The August trade deficit reached a record high as the oil bill and Chinese imports surged, with exports of jetliners also rising but not enough to offset the deficit. Analysts say hurricane oil demand could push it higher.
U S mortgage rates likely top 6 percent for 30 year loans, threatening housing demand. Freddie Mac economist notes gradual rise and potential hover near 6 percent. Realtors report waning buyer appetite as rates cross the threshold.
U S and Iraqi forces increase security across Iraq and impose a curfew as a four day national holiday begins ahead of Saturday referendum. Government offices closed, borders to close Friday and inter province travel halted. Bush urges troops while a U S service member dies in a roadside bombing near Dujail.
U S health and aviation officials tighten measures as bird flu fears rise. Quarantine stations expand at airports and traveler tracking improves. Flight crews told to report sick passengers while airlines say they will stay prepared without overreacting.
Playwright Harold Pinter receives the Nobel Prize amid praise for his literary achievement and political stance. The 75 year old critic of U S policy in Iraq and Tony Blair vows gratitude while noting a throat cancer history. Pinter will gain 1.3 million dollars and Grove Atlantic plans extra 25 000 copies of Death Etc. and Amazon shows rising sales.
Rebels attack police and government buildings in Nalchik, Kabardino-Balkariya, turning the city into a war zone. The assault, claimed by Chechen insurgents, leaves at least 85 dead, mostly militants, as Russia battles Islamic unrest across the Caucasus.
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