09 Aug 2006
Page 1
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Newspaper
New Castle News
Location
New Castle, Pennsylvania, United States of America
Date
Aug 09, 2006
Page
1
The Federal Reserve announces a pause in further interest rate increases as part of ongoing economic policy. Officials cite inflation trends and economic data shaping this decision. Analysts expect rates to stay unchanged while evaluating future inflation and growth signals.
In a Rogers Cup action, Roger Federer and Rafael Nadal won their matches to reach the later rounds. Their performances keep both contenders on track for a deep run at the event.
Obituary notices honor Paul L. Edgerton Sr aged 78 of Wampum Lawrence V. Flynn aged 79 of Dania Beach Florida Wetzel Murphy Ill aged 28 of Dunedin Florida and Erik Wymer Jr aged 2 months of New Castle The notices list the deceased with ages and hometowns in a concise memorial entry.
After heavy rainfall flooded areas, Mahoning Township supervisors urged action. PennDOT agrees in part to replace the Route 551 pipe with a larger one once materials and permits are obtained. Supervisors say pipes under Routes 224 and 551 are undersized and require state funding for repairs.
Israel's Security Cabinet debated a plan to greatly expand its ground push in Lebanon to hit Hezbollah hard before any cease fire. Critics warned of higher Israeli casualties and international backlash, while a broader attack could speed a U.N. cease fire and fail to stop rocket fire. 67 Israeli soldiers have died. Lebanon toll exceeds 700. Prime Minister Olmert supported expansion in principle but remained cautious.
County commissioners appoint Pulaski Township resident Michael L. Mancuso to the Lawrence County Housing Authority in a 3 0 vote. He replaces Gary F. Felasco who resigned after a theft sentencing and will serve the remainder of the four year term through December 31 2007.
The Prudhoe Bay shut down this week due to severe corrosion in transit lines. BP faces worsening pipe corrosion as the vast field ages, producing more water and less oil. BP corrosion expert Bill Hedges says much of the output is now water.
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