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   Web Issue 3240 September 7 2008   
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US Government takes over Fannie Mae and Freddie Mac
The US government took control of mortgage giants Fannie Mae and Freddie Mac on Sunday, placing them in a government "conservatorship" to help avert a financial system meltdown from the housing crisis. continued...
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HEADLINE NEWS
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TUC: Millions of households already in recession
Gordon Brown is facing mounting anger for dithering over imposing a windfall tax on energy giants as trade union chiefs claimed millions of households in Britain were “already in recession”.
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CBI chief: resilient Scots economy can weather the financial storm
Exclusive: Scotland is in a better shape to come through an economic slowdown than it has been in the past, the director-general of the Confederation of British Industry has declared.
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Hundreds of patients face delays over vital cancer scans
Patients in Scotland face delays to vital scans for cancer and other diseases due to a “severe shortage” of imaging agents, experts have warned.
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Dinner with Libyan leader Gaddafi ‘a start’, says Rice
American Secretary of State Condoleezza Rice said yesterday that her historic visit to former pariah state Libya proves that the US never writes off another nation forever.
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Worth a flutter? Owners of Ayr Racecourse put it on the market
Scotland's leading racecourse has been put on the market by its owners, who cited the housing downturn and planning delays for the sale.
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Calls to stop energy companies ‘preying on poorest customers’
The UK Government and power industry regulators were called on last night to "turn the tide of discrimination against Britain's poorest energy consumers" whose fuel bills are proportionately higher than the better-off.
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Brown accused of ‘stealth campaigning’
Gordon Brown was accused of "stealth campaigning" in the Glenrothes by-election yesterday, after the media learned about an engagement in the constituency only after it had already taken place.
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PM accused of U-turn over Calman review
The Prime Minister was urged yesterday to go further than his remarks about more fiscal autonomy for Holyrood and pledge that a review of Scottish devolution being undertaken by the Calman Commission would not be used to claw back any powers to Westminster.
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MAIN BUSINESS
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Scotland ‘looks better placed to come through slowdown’
Economic troubles appear "a little less marked" north of the border and Scotland looks better placed to come through a slowdown than in past cycles.
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A community is worth fighting for
Saturday Interview: Received wisdom dictates that one should never fight a battle on two separate fronts, but don’t try telling that to Ann Robertson.
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Dawn to sell off Ayr Racecourse as earnings slip
Dawn Group, one of Scotland’s largest privately-owned construction and property companies, has unveiled a slip in profits and announced plans to put Ayr Racecourse and the Western House Hotel on the auction bloc.
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front page picture
RED CARPET TREATMENT: US Secretary of State Condoleezza Ricewaves at reporters on her arrival in Tripoli yesterday at the beginning of a four-nation tour of North Africa.
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MAIN SPORT
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McLeish: Burley can finish job I started
How close were Scotland to qualifying for Euro 2008? The moment will for ever be ingrained in Alex McLeish’s mind. Ten minutes remaining at Hampden Park, on the final day of qualification, and the world champions are wobbling.
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Real test begins for burley
Scotland the brave? This afternoon, amid the heat and haze of a prohibitive Macedonian summer, George Burley’s intentions will become clear. The national coach has been thrust into a privileged but unenviable position.
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McManus eager to restore World Cup tradition
Stephen McManus recalled his age of innocence as he spoke warmly of his impressionable years planted in front of council telly watching, with a mixture of awe and envy, Scotland's turbulent World Cup fortunes unfold.
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Rush: Scots have what it takes to reach finals
One sentence. He is an authentic legend in a game that now breeds herds of the charlatan variety. He played 616 times for Liverpool, scoring 346 goals. Yet he is symbolised by one sentence.
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Arthur must turn on style as expectant public await Barrera
The weight of expectation now lies on the spare shoulders of Alex Arthur. He achieved his first task yesterday as his ample frame was finally shaved down to 9st 4lbs, the precise limit for his WBO super-featherweight world title defence.
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Forecast bright for Murray to end Nadal hoodoo
A tropical storm was due to hit New York today, which may mean that Andy Murray will have to add patience to the list of things required ahead of his scheduled meeting with Rafael Nadal in the semi-finals of the US Open.
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Haining itching for Glasgow streets
The streets of Glasgow will be a poor second best for Hayley Haining tomorrow. TheKilbarchan athlete, who was understudy to Paula Radcliffe for the Olympic marathon in Beijing last month, races for the first time since that saga drew to its shameful, shabby, and inevitable conclusion.
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SATURDAY ESSAY
Ian Bell on the global energy crisis and where it may be leading us
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