Spain

Around the World for 03/10/08

Here are some intresting headlines from around the world:

Dollar dives as Fed rate cut eyed - The dollar slipped against the euro Monday, but traded above the all-time lows from last week when investors recoiled from dire U.S. jobs figures. The 15-nation currency bought $1.5386 in morning European trading. The euro could reach $1.55 this week - particularly if the Federal Reserve continues to cut its interest rate.

War cost in Iraq: $12 billion per month - In 2008, its sixth year, the war will cost approximately $12 billion a month, triple the "burn" rate of its earliest years, Nobel Prize-winning economist Joseph E. Stiglitz and co-author Linda J. Bilmes report in their book The Three Trillion Dollar War.

Survey: Gas prices rise 9 cents in 2 weeks - Gas prices rose more than 9 cents over the past two weeks, to a national average of $3.20 per gallon of self-serve regular, a survey said Sunday. The Lundberg Survey, which compared prices tallied March 7 with those tallied February 22 at about 5,000 gas stations nationwide, found the highest prices in San Francisco ($3.58) and the lowest in Cheyenne, Wyo. ($2.99).

Socialists Re-elected in Spain, After a Bitter Campaign - Spain’s governing Socialists triumphed in elections on Sunday, giving Prime Minister José Luis Rodríguez Zapatero a fresh mandate to pursue his agenda of sweeping social, cultural and political liberalization.

Camera 'looks' through clothing - A camera that can "see" explosives, drugs and weapons hidden under clothing from 25 metres has been invented. It is based on so-called "terahertz", or T-ray, technology, normally used by astronomers to study dying stars. Although it is able to see through clothes it does not reveal "body detail" or subject people to "harmful radiation", according to the designers.