Canada’s Conservative Party wins re-election
Dave Betts sits alone listening to election results at Conservative Leader Stephen Harper's election headquarters Tuesday, Oct. 14, 2008 in Calgary, Canada. (AP Photo/The Canadian Press, Jonathan Hayward)
OTTAWA (AP) — Canadian Prime Minister Stephen Harper, the first major world leader to face voters since the global financial meltdown, led his Conservative Party to victory in Tuesday’s election but was forecast to fall short of a majority in Parliament.
The election agency reported on its Web site that the Conservatives had won or was leading in races for least 143 of Parliament’s 308 seats, an improvement over the 127 seats the party had in the previous Parliament.
But, based on results obtained directly from election officials, Canadian Broadcasting Corp. predicted the Conservative Party would not win the 155 seats needed to govern on its own. That would force it to again rely on opposition support to pass budgets and legislation — as it has had to since a 2006 election victory.
Mideast grapples with oil price slump
CAIRO, Egypt (AP) — Vast, oil-fueled budget surpluses may cushion some of the Mideast’s major oil-producing countries now that crude prices have plummeted.
» Full StoryCredit crisis casts gloom over China’s exporters
BEIJING (AP) — As they prepare for China’s biggest export fair this week, managers at Shunde Xiongfeng Electric Industrial Co. are anxious.
» Full StoryNKorea allows UN monitors to main nuclear site
SEOUL, South Korea (AP) — North Korea allowed United Nations monitors back into their main nuclear site Tuesday, but it was unclear whether they had fulfilled a pledge to resume disabling the faciliti
» Full StorySyria establishes diplomatic ties with Lebanon
DAMASCUS, Syria (AP) — Syria formally recognized Lebanon for the first time Tuesday by establishing diplomatic relations with its neighbor — meeting a U.S.
» Full StoryUkraine PM: country can’t afford early elections
KIEV, Ukraine (AP) — Ukraine’s prime minister said Tuesday the country cannot afford an early election in the face of a battered stock market, one of the world’s highest inflation rates and massive ba
» Full Story


