The New York Times-20080126-News Summary- -News-
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News Summary; [News]
INTERNATIONALA3-7
U.S. Election Hits Home, From London to Manila
The destinies of the American presidential contenders have become hometown news around the world in a way that most political commentators cannot recall. A1
What It Means to Be British
In an era of decentralized government and citizens who tend to define themselves less by their similarities than by differences, the British government has endeavored to formulate a statement of values defining what it means to be British. A1
Egypt Tries to Plug Border
As Egypt tried to restore its border with Gaza, Palestinians used a bulldozer to knock down another portion of the wall separating the two. A3 Venezuelan Pleads Guilty
A Venezuelan lawyer pleaded guilty in Miami to his role in a plot to cover up the destination of a suitcase stuffed with $800,000 in cash that federal prosecutors say was intended as a campaign contribution from the Venezuela government to Argentina's president. A4
Iraq to Bolster Mosul Forces
Prime Minister Nuri Kamal al-Maliki announced that he was sending more forces to Mosul for what he vowed would be a decisive struggle to rid the northern Iraqi city of insurgents. A7
NATIONALA8-14
McCain Outlines Economic Approach
Senator John McCain said that, if elected, he would do what no president in memory had succeeded in doing: cut government spending sharply enough to reduce the budget deficit while lowering taxes at the same time. A1
A Strain on Public Projects
State and local governments in many parts of the country are struggling to pay for roads, bridges and other building projects because of rising construction costs, adding another burden to budgets already stressed by the troubled housing market. A1
Mayor Under Investigation
Detroit's charismatic but scandal-plagued mayor and his chief of staff will be the subject of an investigation into whether they lied under oath when they denied having an extramarital affair, the county prosecutor said. A8
EDUCATION
Finding on Lender Is Ignored
The Education Department has brushed aside a finding by its own inspector general that a student lender improperly received $34 million in federal subsidies, and is instructing the lender to decide for itself how much money it should pay back. A8
NEW YORK/REGIONB1-5
As Big Primary Nears, Pataki Is Barely Visible
When Gov. George E. Pataki left office last January, he was the dominant Republican politician in New York. Yet as the Feb. 5 presidential primary draws near the former governor is absent from the political scene. A1
Arrest in Fatal Hit-and-Run
The chief executive of a Manhattan software company is accused of vehicular manslaughter and leaving the scene of an accident after he struck and killed a woman, the police said.B1
Religion Journal B5
BUSINESS DAYC1-8
Fraud's Global Impact
The French bank Societe Generale rushed to unwind an estimated $75 billion of bad bets on European stocks placed by a rogue trader, Jerome Kerviel, as panic swept European markets and word spread that a big hedge fund was in trouble. C1
Time to Buy a House?
Now that the Federal Reserve has sliced interest rates, the question becomes when prospective home buyers will think they are getting a price they can live with and a rate they do not want to miss. C1
Today in Business C2
EDITORIALA16-17
Editorials: The FISA Follies, redux; behind the abortion decline; Mr. Bloomberg's budget plan; Eleanor Randolph on Rudolph Giuliani doing it his way among the snowbirds in Florida.
Columns: Bob Herbert and Gail Collins.
