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World News
From The Financial Times
- Obama paints McCain as more of Bush
- Barack Obama accepted the Democratic nomination for president – the first African-American to do so – with a hard-hitting speech that equated the election of Republican John McCain with a third Bush term and proclaimed that "eight [years] is enough".
- Speculation builds on McCain running mate
- John McCain was poised to unveil his Republican running mate on Friday as an opinion poll suggested Barack Obama had widened his lead in the US presidential race during this week's Democratic convention
- Stocks rally on surprise US GDP boost
- US stocks rose after data showed that the US economy grew much faster in the second quarter than first reported, boosted by a strong increase in international trade, hitting an annualised rate of 3.3 per cent
- Obama nominated as Democrats unite
- Barack Obama formally secured the Democratic nomination for president as former President Bill Clinton declared him "ready" to become America's commander in chief, and his running-mate, Joe Biden, praised his foreign policy judgment
- Gulf storm shuts US oil and gas production
- The US oil and gas industry began to shut down production in the Gulf of Mexico after forecasters predicted that tropical storm Gustav would be a hurricane when it hit the region
- Hidden meanings in praise of Obama
- The Clintons may well be plotting their course for retaking the White House in 2012 having watched an ageing John McCain defeat Barack Obama this November. Nothing they said and did this week is inconsistent with that view.
- Putin blames US provocation
- Russia's prime minister accused the US of provoking the conflict between Russia and Georgia, in the latest sign of escalating tensions between Moscow and Washington
- International codes
- The switch to IFRS will be helpful to the US and to the rest of the world. But implementation will be tough on businesses, and will need firm resolve from policymakers
- Bill and Hillary grandstand their way into history
- In this final act, they were implicit rivals – for the applause of delegates, approval of TV viewers and verdict of historians, writes Sally Bedell Smith
- Edward Luce: Clintons pass the baton to Obama
- The real story of the evening and possibly of the convention as a whole was the manner in which the Clintons passed the baton to Barack Obama and brought a potential fractious Democratic Party together
- Party begins to heal racial divisions
- African-American Democrats celebrated the nomination of Barack Obama for president on Wednesday and granted forgiveness to Bill Clinton as the party sought to heal the racial divisions exposed during its bitter primary battle
- Hillary Clinton seals nomination for Obama
- Barack Obama became the official Democratic presidential nominee after Hillary Clinton went onto the convention floor and called on delegates backing her to endorse her former rival and put an end to the formal roll call vote
- Weak dollar leads to US import gloom
- As trade kept the US economy afloat amid rising unemployment, a deep housing crisis and turmoil on Wall Street, much attention has been paid to America's booming exports
- Unity call wins over Clinton faithful
- For Wendy Carle, a mother from Louisville, Colorado, it was the moment when Hillary Clinton asked her supporters for a "gut check" – a test of their nerves – that made all the difference
- Clinton urges supporters to back Obama
- Hillary Clinton pronounced herself a "proud supporter" of Barack Obama as she urged supporters at the Democratic convention to fall in line behind her erstwhile rival to reclaim a nation in peril
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