The Wall Street Journal-20080119-World-Wide
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Bush unveiled a stimulus plan that could reach $150 billion.
The White House is focused on tax cuts for individuals and business and has floated a plan for rebates of up to $800 for individuals and $1,600 for married couples. Democrats say they also want spending targeted at specific groups and argue that the administration plan doesn't address the problems of homeowners squeezed by the housing crisis and low-income people hit by higher prices for heating oil and other goods.
The central elements of any plan will likely echo one put in place during the 2001 slowdown, which economists say had mixed results.
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McCain and Huckabee are tied for the lead in the South Carolina Republican primary with other candidates far back, a poll found. On the Democratic side, polls show Clinton with an edge over Obama in Saturday's Nevada caucuses.
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Bush named U.S. ambassador to Russia William Burns to succeed Nicholas Burns, the administration's point man on Iran and India, in the State Department's No. 3 post.
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Pakistan's army said dozens of Islamic militants died in clashes with government troops as fighting intensified near the Afghan border.
The CIA believes a Pakistani tribal leader linked to al Qaeda and the Taliban was behind the Bhutto assassination, a U.S. intelligence official said.
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Iraqi troops battled gunmen from a messianic Shiite cult in clashes that left nearly 50 people dead in the south of the country.
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Suspected al Qaeda militants opened fire on a convoy of tourists in a remote region of Yemen, killing two Belgians and their Yemenite driver.
A Canadian terrorist who briefly became an informant against al Qaeda leaders was sentenced to life for a plot to blow up U.S. embassies.
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Clashes between rival tribes marked the third and bloodiest day of protests over Kenya's disputed presidential election.
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Israel sealed all crossings to Gaza and launched airstrikes against Hamas targets in a bid to stop rocket attacks on Israeli border towns.
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The White House denied there was dissent over how to deal with North Korea after a U.S. official criticized nuclear talks with Pyongyang.
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The White House plans to cut funding for states and communities to fight terrorism in 2009, but not by as much as originally proposed.
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Tamil Tiger rebels killed 10 civilians in Sri Lanka, the military said, as violence escalated after the government withdrew from a cease-fire.
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Died: Bobby Fischer, 64, former chess champion whose life was marked by genius and eccentric behavior, in Reykjavik, Iceland.
