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Hello!I’m Naamua Delaney at the CNN Center in Atlanta. And here is a look at what’s happening NOW IN THE NEWS.
The 700-billion-dollar federal bailout plan has failed in the House. The vote was 228 to 205 against. There won’t be a revote today. The proposed bailout is intended to buy up troubled debts freeing up banks to begin lending again.
Citigroup is buying Wachovia Bank thanks to a deal brokered1 by the Federal Government. The all stock transaction is worth 2.2 billion dollars. Regulators say Wachovia customers won’t see any service interruptions and their deposits are protected. Wachovia is the country’s fourth largest bank.
It’s the latest bid to salvage3 the North Korean nuclear deal. The US is sending senior diplomat4 Chris Hill to Pyongyang to meet with North Korean leaders. In the past two weeks, the North Koreans have taken steps that could reverse the disabling of its Yongbyon nuclear reactor5 and reprocessing facilities. The steps have come amid unconfirmed reports that North Korea’s leader may be seriously ill.
Republican Senator Ted2 Stevens of Alaska wants his corruption6 case thrown out of court. He made the request today after the prosecution7 sent a key witness home with information that wasn’t disclosed to the defense8. The judge says the move raises a suspicion that the government is trying to hide information that might help Stevens. Today the judge slammed the prosecution but suggested that he is not inclined to dismiss the case.
In the southeast, a gasoline shortage has some people waiting up to two hours to fill up. "When you pass by, too many of us passed by, that did not have any gas. You turn around and get to ask something you don't. But you know, even if you are not that low." Industry experts say panic buying is making the problem worse. Pipelines9 that supply the Southeast have been operating at less-than-normal capacity since Hurricanes Gustav and Ike hit the Gulf10 Coast. Almost all refineries11 are back on line though.
All right! Those are the headlines this hour. Do stay with CNN, for more on these stories and the other news of the day.
1 brokered | |
adj.由权力经纪人安排(或控制)的v.做掮客(或中人等)( broker的过去式和过去分词 );作为权力经纪人进行谈判;以中间人等身份安排… | |
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2 ted | |
vt.翻晒,撒,撒开 | |
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3 salvage | |
v.救助,营救,援救;n.救助,营救 | |
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4 diplomat | |
n.外交官,外交家;能交际的人,圆滑的人 | |
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5 reactor | |
n.反应器;反应堆 | |
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6 corruption | |
n.腐败,堕落,贪污 | |
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7 prosecution | |
n.起诉,告发,检举,执行,经营 | |
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8 defense | |
n.防御,保卫;[pl.]防务工事;辩护,答辩 | |
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9 pipelines | |
管道( pipeline的名词复数 ); 输油管道; 在考虑(或规划、准备) 中; 在酿中 | |
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10 gulf | |
n.海湾;深渊,鸿沟;分歧,隔阂 | |
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11 refineries | |
精炼厂( refinery的名词复数 ) | |
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