News In Brief

Not so great news happening right now :-( . The world is going through a recession not just us! Germany is in a recession, China output down, so you know things are serious! Our Unemployment has reached 7 year high, Soldiers have been killed in Afghanistan, Foreclosures are up even more than last year. Around the world there is trouble for everyone, sorry such a sad day in news. For More, Click NPR

Germany In Recession; China Output Down

Germany has fallen into recession and China's industry output growth waned to its weakest in seven years, data showed on Thursday, reinforcing evidence the financial crisis is plunging the world into a painful downturn.

The news, the latest in a litany of bad economic data, helped send markets in Europe and Asia sharply lower on Thursday.

Unemployment Rate Reaches 7-Year High

The number of new people seeking unemployment benefits jumped to the highest rate since the aftermath of the Sept. 11, 2001, attacks, the U.S. Labor Department reported Thursday.

Car Bomb In Afghanistan Kills U.S. Soldier, 7 Others

A suicide car-bomb attack on a U.S. convoy that was passing through a market in Afghanistan killed a U.S. soldier and 7 bystanders Thursday, an Afghan police spokesman said.

Foreclosures Up 25 Percent From Year Ago

New data show the number of foreclosures nationwide grew by 25 percent in October from a year ago.

Russia Won't Deploy Missiles If U.S. Scraps Shield

Russian President Dmitry Medvedev said Thursday that Moscow would scrap its plans to station new missiles on its border with Poland if Washington drops its plans for a missile defense system in Europe.

Somali Rebels Seize Towns Near Mogadishu

Islamist insurgents briefly occupied three small towns on the outskirts of Somalia's capital Mogadishu on Thursday, but melted away as Ethiopian forces headed south from the city to confront them.