U.S.: Report Blasts Terror Financing Laws and Investigations: Muslim charities in the United States are subject to unfair treatment by the government under terrorism financing laws, according to a new report which says the effect has been a chill on charitable giving that violates Muslims’ right to freely practice an important requirement of their religion.
Web beats TV, radio as preferred news source: More than half of the people questioned in the Zogby Interactive survey said they would select the Internet if they had to choose only one source of news, followed by 21 percent for television and 10 percent for both newspapers and radio.
Dollar drops on reserve currency doubts: The dollar fell against the euro and yen on Wednesday after major emerging economies cast doubt on its long-term future as the world's main reserve currency, dealers said.
Suitcase With $134 Billion Puts Dollar on Edge: William Pesek: - It’s a plot better suited for a John Le Carre novel. Two Japanese men are detained in Italy after allegedly attempting to take $134 billion worth of U.S. bonds over the border into Switzerland. Details are maddeningly sketchy, so naturally the global rumor mill is kicking into high gear.
Standard & Poor's Cuts Ratings On 22 Banks: Credit ratings agency Standard & Poor's lowered its ratings and revised its outlooks on 22 U.S. banks on Wednesday, citing concerns that operating conditions will be less favorable than they were in the past due to volatile financial markets during credit cycles and tighter regulatory supervision.
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