By Ellis Mnyandu
Reuters Wed Aug 9, 2006 NEW YORK - U.S. stocks fell for a fourth straight session on Wednesday, tumbling in the last hour of trading, as worries about slowing economic growth, higher oil prices and a stumbling housing market drove selling.
The three major U.S. stock indexes started the day on a positive trend as network equipment maker Cisco Systems Inc.'s stronger-than-expected profit fueled a rebound in technology shares. By mid-afternoon, though, stocks stumbled as economic growth concerns resurfaced and crude oil prices topped $77 a barrel. The Nasdaq, which at one point was up nearly 2 percent, held its gains for most of the day before slipping marginally into negative territory in the session's final minutes. |
Created: 09.08.2006 17:37 MSK (GMT +3), Updated: 18:22 MSK
MosNews The mayor of a remote Russian Arctic city that was home to some of the most feared Soviet prison-camps plans to build a replica forced-labor camp and charge tourists hundreds of dollars for a few nights of incarceration, the Associated Press news agency reports.
Igor Shpektor, the mayor of Vorkuta, is looking for investors for his proposal to reconstruct one of the Stalin-era labor camps - complete with watchtowers, barbed wire, guard dogs and gruel. |
Telegraph
By Roger Highfield 09/08/06 The precise spot where Claude Monet produced his atmospheric paintings of the Houses of Parliament has been traced by two scientists who say that his art might help reveal the composition of the polluted skies of Victorian London.
Monet's paintings of a gothic building dissolving into a ghostly light were based on observations in London rather than created from his imagination back in his studio in Giverny, France, according to the study carried out at the University of Birmingham. |
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