Wednesday Morning News

    Canadian parliament shows some common sense and decides against renewing two anti-terror measures that were put into place after the 9/11 attacks says the BBC. Canadian PM Harper used the US White House line by saying that opposition Liberals' were soft on terror.

The measures allowed suspects to be detained without charge for three days and could compel witnesses to testify.

The minority Conservative government accused the opposition Liberals of being soft on terror.

The vote comes days after the Supreme Court revoked a law allowing foreign suspects to be detained indefinitely.

                                                         

    The UPI reports that the Philippine military is claiming that it has killed  one of the leaders of the Abu Sayyaf Group which has been linked to al-Qaida.

Lt. Gen. Eugenio Cedo, head of the Armed Forces Western Minanao Command, said Albader Parad was killed in fighting earlier this week between terrorists and army rangers in an area of Sulu known as Indanan.

Abu Sayyaf chief Khadaffy Janjalani and Jainal Antel Sali Jr., an ASG commander, had been killed earlier, according to the report in Wednesday's edition of The Philippine Star.

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    Federal and state agents raided two pharmacies in Orlando Florida at two Signature Pharmacy stores and arrested four company employees including two pharmacist and charging them with with criminal diversion of prescription medications and prescriptions, criminal sale of a controlled substance and insurance fraud.

   It is reported that athletes and celebrities were some of the customers and were maybe into buying steriods.


news, canadian parliament, abu sayyaf group, philippine military, signature pharmacy stores

Asian Markets Open Lower Amid US Recession Fears

From BBC

Steep dip as Asian markets open

Asian stock markets have opened sharply lower after the biggest drop in Chinese stocks in a decade triggered a steep slide in global markets.

Japan's TOPIX index dipped 5.04% while the country's Nikkei 225 stock index fell 693.50 points, or 3.83%.

The slips were echoed in the South Korean capital, Seoul, where the country's benchmark index fell 3.9%.

Tuesday's falls were sparked by a near-9% slide in Shanghai and comments fuelling fears of a US recession.

   It's sort of funny the way many people have been acting since the Dow Jones dropped some 416 points on Tuesday. I suspect that we will see more of the same on Wednesday while the other world markets worry about a U.S. recession being on the horizon.

   I own stocks of various companies so I have been asked quite a bit today if I was concerned with the drop. My answer? No, I'm not. I don't even think about it. What's to worry about? We have to have a correcting once in awhile and this is all that I see this as, with a few minor irritations thrown in.

   I look at this as a great buying opportunity because that's all it is,for now.
asian markets, global markets, dow jones industrials, us recession, stock market