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CHINA DAILY - Thursday October 16,2008
MAIN SECTION
Positive market sentiment following bold government moves to stem the financial sector meltdown evaporated yesterday and recession fears rose to the fore, sending shares slipping around the world after a two-day rally.
Nation
The draft revision of the 14-year-old State Compensation Law will be given its first reading by deputies to the National People's Congress (NPC) next Thursday, it was announced yesterday at a meeting in Beijing hosted by the country's top legislator Wu Bangguo.
China Scene
Family of organ donor sends gift of life
Insight
About 100 million people fall into poverty each year paying for healthcare, the World Health Organization (WHO) said in the World Health Report 2008, published in Almaty, Kazakhstan on Tuesday.
Comment
The Wall Street has experienced a once-in-a-century financial turbulence over the past weeks, with a number of old financial bodies falling apart. To defuse the possible catastrophic aftermaths of the unprecedented financial crisis since the Great Depression (1929-33), the Bush administration rushed to take an array of rescue measures and tried to get them through the Congress for their implementation.
Opinion
There are forebodings that something has clearly come to an end as an age reaches its end.
International
Oliver Stone thinks George W. Bush was unqualified to be president. However, the filmmaker found him an irresistible figure for drama.
International
Thai and Cambodian troops fired rockets and small arms at each other on a disputed stretch of border yesterday, killing two Cambodians and prompting Bangkok to tell its citizens to return home.
Business
SHANGHAI: While the global financial crisis is not directly affecting China's financial sector, it has dampened the confidence of consumers who are trying to figure out what impact it will have on domestic jobs and exports.
Business
New York City may lose as many as 165,000 jobs, including 35,000 in the financial industry, as the impact of the credit crisis spreads throughout the economy, Comptroller William Thompson said.
Life
The Palace Museum has received a unique gift in celebration of its 83rd anniversary, a three-dimensional replica of the walled fortress able to receive any visitor any time.
Sports
MADRID: Rafael Nadal thrilled a sold-out home crowd with a comeback performance to win his 78th match of the season as he began the chase for a second title at the Madrid Masters on Tuesday.
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