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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Dec 11, 2009
Page
3
The Federal Reserve reports net worth rose 5 percent in the latest quarter to 53.4 trillion, aided by stock and home value gains. Despite the rebound, total wealth remains well below the 64.5 trillion peak and analysts see a slow path back to pre recession levels.
Federal officials released new mid pandemic estimates showing about 50 million Americans infected and around 10 000 deaths from swine flu through mid November. Hospitalizations reached about 200 000, with non elderly adults bearing the largest share of severe outcomes.
In Oslo Obama frames a new peace doctrine urging moral intervention when needed. He defends armed action in self defense and humanitarian crises while urging adherence to rules that bar torture and civilian harm. He honors Gandhi and King yet argues force may be necessary to halt aggressors.
Cairo installs metal sheets about 60 feet deep along the Egypt Gaza border to halt tunnels used for weapons smuggling. Residents and border guards report crews digging trenches and drilling deep holes to create a sand filled barrier, amid regional tensions and Hamas objections.
A Pew Hispanic Center study finds U.S. born Hispanics have lower high school dropout rates and better economic outcomes than immigrant Hispanics, yet face higher exposure to gangs and violence. Second generation Hispanics show notable gains, with dropout and poverty rates closer to white peers.
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