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Updated:
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There will be a runoff election in Aftganistan because of the problems with the last election... Obama wins the Nobel Prize for Peace... Rio de Janerio wins the right to host the 2016 Summer Olympics ...  H1N1 flu has claimed 3200 deaths so far... The King of Pop -  Michael Jackson dies at the age of 50...and there is a memorial at the Staples center in Los Angeles on July 7 for his fans - tickets are free ... t     Oh Oh ... Brazilian scientists have identified a new strain of the H1N1 virus after examining samples from a patient in Sao Paulo ... The World Health Organization announces that  global swine flu is a pandemic as the disease quickly spreads to all corners of the globe...  ...  In order to survive GM might have to build its cars offshore... Chrysler goes into bankrupcy protection as hedge funds bail out of an agreement to save Chrysler as it was... A US merchant vessel captain has been freed from captivity and three Somali pirates reportedly shot dead in an operation in the Indian Ocean.... Quake in Italy claims 250+ lives.... Bernie Madoff pleads guilty to 11 counts of frauding 50+ billion US dollars and is sent straight to jail without bail ... President Barack Obama is sends a Congress a budget that projects the government's deficit for this year will soar to $1.75 trillion which is equal to about $10,000 for every person living in the US... Key lawmakers in the US and the White House reached for final agreement on a $789 billion economic stimulus measure designed to create millions of jobs in a nation reeling from recession. ... Arson is suspected as what killed 141 + people in Australian bush fires near Melbourne ... President Barack Obama  says the final version of the United States' $819-billion economic stimulus package will not contain protectionist language... The Palestinian militant group Hamas has announced an immediate ceasefire with Israel in Gaza... This year's sea ice is at the same levels as 1979 which leaves some people to think that the global warming might have changed reversed... Some Year End observations... World's oldest woman dies in Portugal aged 115...... Thousands of Israeli troops backed by columns of tanks and helicopter gunships launched a ground offensive in Gaza .... 10 Terrorists attack high end hotels, restaurants in Mumbai India, kill about 180 +  people and take hundreds hostage  ... The price of a barrel of crude oil drops below $40.00  US... Despite buyouts and governments lowering interest rates for banks  - personal credit card interest rise on the adverage of 2 per cent...  Barack Obama wins the 44th race to become US President by a wide margin and the Democrats win both houses of government ... US Senate and Congress says yes to a 700 billion dollar bailout of the investment  market...  ~~~  does this mean that the US is no longer in the driver's seat financially around the world? ...


  

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