In Mumbai, India, the standoff by terrorists is not quite over, but the Indian Commandos have most of the problem areas under control. There are thought to be at least two terrorists still holded up in one of the hotels, sparodic gunfire, is still being heard. The incident at the jewish Center, which was attacked, was very brutal. The Rabbi in charge of the center and his wife were killed. Rabbi Gabriel Holtaberg, 29, and his wife, 28, were from New York, their toddler was saved, when the nanny managed to escape the center. It was thought that some of the terrorists worked in the kitchen at the Taj hotel. The attack was being planned for six months, reportedly. The Indian Commandos were very much the reason, the terrorists were captured, or killed, but not before causing much death and destruction. There were one-hundred and sixty people reported killed thus far, and three-hundred and forty-six people reported injured. Scotland Yard is invloved in the investigation, along with British Intelligence. Some of the terrorists, reportedly had British identification. The F.B.I. is traveling to India with a team consisting of forensic experts, negotiators and interrogation experts. The Indian people were shocked, that India's security people had no idea this attack was coming.
President Bush had been working fervently, to try to push for closer relationship between the two countries, Pakistan and India, each of whom have nuclear weapons power. This attempt may be set back now, as India is pointing fingers at Pakistan, as having something to do with the attack. It is also thought, without any proof, that Al Queda may have been behind the terrorist attack. The operation was too well planned, it is thought, to have been carried out by a local group. Also rumored, that rogue elements of Pakistani Intelligence, may have been involved.
Both President Bush and President-Elect Obama are being briefed regarding the ongoing crisis. They have both condemned the attacks and the brutality.
Goldman Sachs has received approval, from New York's State
Government, to become a bank and to accept deposits.
The DOW managed to finish the week with four days of positive
movement. The S & P 500, had it's largest weekly gain since 1976.
Inflation in Europe, dropped 2.1%, the lowest in two decades.
Japan's recession deepened, as factory output slumped and consumer spending dropped.
GM and Ford stock prices, showed big gains, as their plans develop, to qualify for Government aid.
A Walmart temporary employee, was trampled and died, as the doors opened for shopping, and patrons stormed into the store on Friday. A pregnant woman had to be taken to the hospital as well. The store is located in the New York area.
A New Zealand A320 plane, being taken on a maaintainence run, crashed into the Mediterranean Sea, with seven people on board, no word of survivors.
First Lady Barbara Bush, has been moved out of intensice care, after being operated on, for a ruptured ulcer.
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Things found by accident, can turn out to be huge surprises.
Such as a ring with an engraving inside, bought at a flea market for about five dollars, researched, and found to be worth five-hundred thousand dollars plus. Once was owned by Louie XIV. You never know.
