Monday October 13, 2008
October 13th 2008 – The Dow Jones Industrial Average is back above 9,000. After its worst week ever, the Dow today gained over 900 points. It comes after countries in Europe agreed to pour billions into banks to support them. It also comes a week after Black Monday when the Dow began its frightening slide below 10,000, for those of you who can remember back that far.
More.
Monday October 13, 2008
October 13th 2008 – Paul Krugman, an American economist, won the 2008 Nobel Prize for Economics. He is well-known in America because he writes for the New York Times where he blasts President Bush’s economic policy. He is a professor at Princeton. He won the Nobel for his work on trade patterns. He shows that globalization leads to the creation of huge cities.
More.
Wednesday January 9, 2008
January 9th 2008 – In the 2008 election race for American president, Hillary Clinton made a surprise comeback when she won in the state of New Hampshire.
More.
Monday January 7, 2008
January 7th 2008 – Those who hope to be the next American president are pushing hard today in the state of New Hampshire. Many who fail to make a strong showing in tomorrow’s election there will be forced to drop out.
More.
Friday January 4, 2008
January 4th 2008 – Barack Obama won the Iowa caucuses on the Democratic side and Mike Huckabee among the Republicans. Hillary Clinton came in third on the Democratic side.
Iowa is the first American state to choose delegates for the party conventions in the summer that will choose who to run for president in November.
The next state will be New Hampshire, next Tuesday on the 8th of January.
More.
Thursday January 3, 2008
January 3rd 2008 – Tonight is the night of the Iowa caucuses, in which the American state of Iowa will choose who to send to the party conventions in the summer. Those conventions in turn will decide who to run in the November election for president. Iowa is the first state to vote. Candidates who do poorly in Iowa and the other early states will have a hard time carrying on.
The caucuses start at 1900 local time (0030 GMT) and will last for several hours.
More.
Tuesday December 18, 2007
December 18th 2007 – About 300 Turkish soldiers have crossed the border into the Kurdish part of Iraq. They were pursuing the Kurdish PKK, which is fighting a guerrilla war inside Turkey.
Meanwhile American Secretary of State Rice was in Kirkuk where Kurdish leaders refused to meet with her.
Turkey bombed the Kurdish part of Iraq on December 16th, something the Americans allowed them to do.
More.
Friday November 16, 2007
The last bit of Edison’s old DC power lines in New York was shut down on November 14th 2007 at 10 East 40th Street near the Mid-Manhattan Library.
Edison opened his first power plant in New York. That was at 257 Pearl Street in 1882. It powered a few blocks down by Wall Street. DC power spread across Manhattan and became the backbone of the city’s power before Tesla and Westinghouse were able to show that AC power is cheaper and better.
The trains still run on DC on the third rail. That comes from the days when all of New York was on DC. When the city changed over to AC, they changed it back into DC for their own use, as do some of the older buildings still.
More.
