Iraq seals borders and cities on eve of provincial elections
Iraq tightens security as provinces prepare for polling opening at 7 a.m. local time. Basra, Baghdad and Mosul implement curfews and vehicle bans, borders with Iran are sealed, and more than 14,400 candidates compete for 440 seats. Attacks raise fears as UN and police report killings and bombings near voting sites.
MENTIONED IN THIS ARTICLE
Baghdad
Iraq
Basra
Mosul
Safaa Abdul- Razzaq
Joint Operations Command
Ninevah
Iraqi Interior Ministry
Abdul- Karim Khalaf
Khalaf
U.S
al-Qaida
Hazim Salim
Unity List
United Nations
Economy shrinks at a 3.8 percent pace in Q4 2008
U S GDP fell 3.8 percent annual rate in late 2008 the steepest quarterly drop in 25 years. Consumers cut back on cars furniture and clothes while businesses reduce investment and overseas demand falls, signaling a weak year ahead. Dow Jones fell as markets gloom persisted.
MENTIONED IN THIS ARTICLE
Washington
Barack Obama
America
Commerce Department
United States
Wall Street
U.S
Oil Majors Suffer Biggest Drop In Earnings In Decade
Oil prices plunge late 2008 hit Exxon Mobil and Chevron forecast profits, while Royal Dutch Shell reports a fourth quarter loss of 2.81 billion dollars after sales drop 24 percent to 81.1 billion. Shell production barely changes as selling price dives 29 percent to 58.40 per barrel.
MENTIONED IN THIS ARTICLE
Houston
Royal Dutch Shell
Occidental Petroleum
Exxon Mobil Corp
Chevron Corp
John Parry
IHS Herald
Royal Dutch Shell PLC
Europe
Shell
Jeroen van der Veer
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