newtley writes “The New Democrats’ Jack Layton has become the first leader of a major Canadian political party to acknowledge the importance of the Internet during a federal election. He’s using YouTube to carry his message specifically to the online community, launching it on P2Pnet. ‘We don’t want to see hidden fees and gouging and service slow-downs all in the interests of promoting the objectives of certain massive corporations,’ Layton says.” Other party members have also spoken out against increased internet regulation. We’ve been following the Canadian net neutrality debate for quite some time.

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radioweather writes “A recently discovered Apollo Asteroid, 2008 TC3, exploded over Sudan at about 1046 EDT on October 7, 2008, according to astronomer Tim Spahr of Harvard University 2008 TC3 was discovered on Monday by an observer at the Mt Lemmon Observatory near Tucson, Arizona. 2008 TC3 is notable in that it is the first Asteroid of its size that was identified before impact and tracking it put the entire Spaceguard tracking system to an extreme test. TC3 is estimated to be only two to five meters in diameter but exploded with the force of a one kiloton of explosive power.” We mentioned the asteroid last on Monday, when it was only at a 99.8 percent chance of colliding with Earth.

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Global finance ministers seek to calm economies - International Herald Tribune
WASHINGTON : Global finance ministers kept searching for ways to tackle the unfolding financial crisis, turning their attention to its effects on rapidly developing countries and poor nations at risk of being swept up in the turmoil. President George

UPDATE 1-G20 pledges joint action to fight financial crisis - CNBC
WASHINGTON, Oct 11 (Reuters) - The Group of 20 industrialized and developing countries called on Saturday for a joint response to the financial crisis that’s snowballing into emerging markets. The G20 pledged to meet again in November and to reshape

Japan says will tap FX reserve if IMF steps up bailout - Reuters
WASHINGTON, Oct 11 (Reuters) - Japan stated on Saturday it is ready to offer a part of its $1 trillion foreign reserves to the International Monetary Fund (IMF) if the multi-national lender is to support countries facing economic crisis. But Finance

EU chiefs confront markets crisis - BBC News
The 15 “eurozone” leaders are to meet in Paris to try to establish a common approach to the financial crisis. France’s finance minister stated their meeting would “follow up and execute upon” a five-point plan agreed by the group of seven

Bush, allies seek to calm jittery investors - Forbes
President Bush and financial leaders from nations rich and poor pledged Saturday to intensify their efforts to unblock a frozen financial system before it does more damage to an increasingly shaky global economy. While there were no concrete offers

Bush visits finance officials, urges cooperation - MSN MoneyCentral
WASHINGTON (AP) - Global finance leaders are pledging cooperation between rich and poor nations to deal with a severe credit crisis after President Bush discussed the seriousness of the current situation. The Group of 20 nations, which includes the

Finance chiefs endorse G7 action plan - Reuters UK
WASHINGTON (Reuters) - Finance leaders from the International Monetary Fund’s 185 member countries on Saturday endorsed a plan announced by major economies to chart a course out of the credit crisis. The International Monetary and Financial Committee

Finance leaders endorse G7 plan to calm markets - Reuters UK
WASHINGTON (Reuters) - Finance leaders from the International Monetary Fund’s 185 member countries on Saturday endorsed a plan by major economies to chart a course out of the credit crisis, hoping the broader support will calm markets. Egyptian

Smaller IMF countries pledge support for economic efforts - Los Angeles Times
WASHINGTON — Leaders from the world’s smaller, less-developed countries joined Saturday in pledging to support efforts by the United Says and other major nations to cease the global financial crisis, despite worries that their own economies may

HIGHLIGHTS-Finance officials comments at IMF meetings - CNBC
WASHINGTON, Oct 11 (Reuters) - Financial officials from around the world are in Washington this weekend for the International Monetary Fund and World Bank fall meetings. For a wrapup of Saturday’s news, see On Friday, top officials from the Group of

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