Russia Lets Ruble Slide After Devaluation Move
Moscow reports that Russia abandoned efforts to prop up the ruble and allowed a fall of up to 34 percent, dropping the rate from 6.3 to about 9.5 per dollar. The government halted treasury bill payments and imposed a 90 day debt moratorium, signaling sharp fallout for imports, banks, and foreign investors. Anatoly Chubais sought to reassure partners while critics warned of broader economic pain.
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Moscow
Russia
Anatoly Chubais
Washington
Treasury
Robert Rubin
Mother meets daughter she believes was switched at birth
Paula Johnson, who raised Callie Johnson, believes Rebecca Chittum is her biological daughter after DNA tests. Johnson, Rebecca, and Callie met at Johnson's mother’s home in Stafford as television cameras captured the reunion.
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Richmond, Va
Paula Johnson
Johnson
Callie Johnson
Rebecca Chittum
University of Virginia Medical Center
Charlottesville
Rebecca
Stafford
Washington
Callie
Tommy Rogers
Five held in Northern Ireland car bombing probe
Police arrested Shane Mackey and four others at dawn near Omagh on suspicion of involvement in Northern Ireland's deadliest car bombing. The suspects, linked to the Real IRA faction, face up to one week of interrogation under anti-terror laws as authorities discuss legal avenues for conviction and border security.
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Northern Ireland
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Shane Mackey
Omagh
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Stormont
Ireland
Irish Republican Army
Real Ira
IRA
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Britain
Irish Republic
John O'Donoghue
Mowlam
Oth
Francis Mackey
Mackey
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