Powerful earthquake in Peru kills 25
CANETE, Peru (Reuters) - A massive earthquake hit Peru on Wednesday evening and firefighters said at least 25 people were killed in the rubble of collapsed homes and a church. Full Article
Chinese officials to visit U.S. for safety talks
WASHINGTON (Reuters) - China will send delegations to the United States in August and September to discuss food and product safety following a spate of product recalls, a Chinese Embassy official said on Wednesday. Full Article | Video
Security cops
Investigators from major stock exchanges and the SEC have formed an elite unit to investigate suspicious trades. Full Article | Full Coverage
Investing
Markets:
Global stocks thumped, yen climbs on credit fears
HONG KONG (Reuters) - Asian stocks tumbled on Thursday, heading for their biggest daily fall since the attacks on the United States in September 2001, as persistent fears about a global credit squeeze sapped investor appetite for risky assets. Full Article
Comment & Analysis
Short-term gain, long-term pain for dollar?
Investors' flight to safe haven assets to escape the global credit and liquidity squeeze has given the U.S. dollar a reprieve from a long-term decline this summer, but capital flows suggest the greenback's weakness will resume when the dust settles. Full Article
Measured steps after import scares
As Americans' concerns grow about food and goods from China, the Bush administration and Congress are taking tentative steps toward ensuring dangerous products are stopped at the border. Full Article
Investing Tools
Business
Paulson says U.S. economy can withstand turmoil: report
TOKYO (Reuters) - U.S. Treasury Secretary Henry Paulson said the turmoil in global markets will "extract a penalty" on growth but the financial system and economy was strong enough to withstand it without provoking a U.S. recession. Full Article
News
Venezuela's Chavez calls for end to term limits
CARACAS (Reuters) - Venezuelan President Hugo Chavez called for an end to presidential term limits on Wednesday to extend his rule and consolidate a self-styled socialist revolution in the OPEC nation. Full Article
"Bodies" exhibition
An exhibition in Buenos Aires showcases 22 whole body specimens and more than 260 organs and partial body parts.
Reuters Oddly Enough
