Markets Mixed as Caterpillar Beats Estimates, CPI Surges
New York stocks opened mixed with Caterpillar posting strong results while a government report showed consumer prices rising 0.6 percent in March, fastest in five months. The Dow edged up 0.01 percent to 10128.08. S&P 500 slipped 0.23 percent to 1150.14. Nasdaq gained 0.24 percent to 1936.94. Grain quotations for Ottawa area and county prices in Franklin County were posted for several commodities.
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Death of Kenneth Brown in Westphalia noted
Kenneth Brown, 78, of Westphalia, died Monday April 18, 2005. Cremation planned with no services. Born November 7, 1926, in Dundee Scotland. Jones Funeral Home Burlington handling arrangements.
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Canada pledges bold shift in foreign aid and defense growth
Prime Minister Paul Martin announced a policy overhaul to boost foreign aid by eight percent annually, double overseas diplomacy, and expand security ties with the United States. The plan calls for a rapid expansion of military deployment, $10.3 billion in new military spending, 5,000 more troops, and new rapid-response forces with enhanced joint U S operations and intelligence to counter threats.
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Taiwan opposition leader to meet Beijing top leader
Lien Chan of Taiwan's opposition Nationalists will meet Chinese President Hu Jintao in Beijing on April 29, a historic talk since the mainland split, drawing protests from the ruling party over perceived concessions.
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Saudi moves toward UN-sanctioned nuclear pact spooks UN
In Vienna Saudi Arabia quietly began talks on an IAEA sanctioned deal that could curb outside probes of its nuclear plans. Diplomats say there is no firm evidence of weapons intent, though past Saudi interest fuels concern amid Iran's nuclear program and doubts about the small quantities protocol.
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Israel moves to pullout base in Neve Dekalim
Israeli forces remove 30 containers from the Southern Brigade base in Neve Dekalim as a concrete step toward a summer pullout. Officials weigh delaying start to Aug. 15 with mixed signals from Prime Minister Sharon and Defense Minister Mofaz.
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Ottawa event brief highlights busy spring weekend
Ottawa VFW hosts Odds & Ende tonight at 811 p.m. with sandwiches and coffee for members and guests. Cedar Street detour directs traffic to The Ottawa Herald south parking lot during reconstruction. Pizza Time marks 20th anniversary with drawings and deals. Antique Shop Hop runs April 21 to 24 across 15 stores in Baldwin City and nearby towns with sales.
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Cedar Street
Ottawa Herald
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