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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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Scots lead way in Beijing gold rush
Scots struck a seam of gold and silver yesterday after a spectacular opening day at the 2008 Paralympics in Beijing.
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Five dead after a weekend of heavy storms
Scotland has avoided the torrential rains that lashed other parts of the UK over the weekend, but forecasters have warned of more heavy rain to come.
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Scottish children are switched off by science, according to poll
Scotland could be losing 5500 gifted young scientists every year despite demand for skilled employees in science and technical roles, according to research commissioned by oil giant Shell UK.
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Robison to visit test area banning under-21 off-sales
Health Minister Shona Robison will today visit one of the pilot areas which tested banning off-sales to under-21s, as the consultation into the government’s controversial package of measures to tackle alcohol abuse ends.
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Bid to trap criminals through text messages
Language scientists and ecologists have teamed up to help police trap criminals by reading their text messages.
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Brown’s cosy relationship with unions set to be ripped apart
ANALYSIS: It is hard to think of a single Labour cabinet minister, with the possible exception of John Prescott, who has spent more time courting the trade union movement than Gordon Brown.
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Cabinet holds first meeting outside London since 1921
The Prime Minister will convene his Cabinet in Birmingham today, the first time it has met outside London since Lloyd George’s premiership in 1921.
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Missing computer disc ‘not in the public domain’
A lost computer disc containing personal details about thousands of justice staff is not thought to have fallen into the wrong hands, a government minister said yesterday.
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MAIN BUSINESS
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Private sector economy declines at record rate
The Scottish private sector economy decelerated last month at its steepest rate in over a decade, as the gap widened between the slowest and fastest declining economic regions of the UK.
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McLaren shapes up to fight slowdown
A whisky industry move towards distinctive bottle-shaped cartons for spirits is helping one Scottish supplier fight the slow-down.
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Pension industry voices fears over local income tax
Scotland's pensions industry could face significant complications and cost burdens from a local income tax, a leading insurer has said.
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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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Iceland is must-win game, says Fletcher
The greater challenge has become more complex but the immediate aim has at least been simplified. Scotland must win in Iceland to maintain a credible challenge for World Cup qualification.
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limp Scots wilt in heat
Macedonia 1 - 0 Scotland: Forget the forensics for a moment: if Scotland are not equipped to beat Macedonia in a building site of a stadium, there is no prospect of joining the ensemble cast in South Africa in two years’ time.
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Without conviction, Burley risks becoming easy target for ridicule
The knives are out already for George Burley. His crime? Optimism. Saturday’s 1-0 defeat to Macedonia confirmed, in a competitive environment, what many observers feared after three flaccid friendlies: that the national team are beginning to reflect the lack of conviction demonstrated by the manager.
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Khan bout a route to recovery for Arthur
There are only two questions to ask a boxer after a fight: how are you and where next? The latter is posed with a sincerity that the former lacks.
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McGlynn follows in the tracks of Hoy
Chris Hoy may have long left Beijing – bound for home and predicted riches on a gold-tipped jumbo jet – but his forceful influence is still being felt at the Laoshan velodrome.
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McLaren seek appeal after Hamilton is stripped of win
Two hours after jubilantly believing he had won his fifth race this year at the Belgian Grand Prix, Lewis Hamilton saw his victory overturned and replaced with a retrospective third-placed finish.
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New Approach returns to winning ways
Aidan O'Brien's bid to win all of the Irish classics this season was thwarted yesterday by his fellow Irish trainer, Jim Bolger.
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SATURDAY ESSAY
Ian Bell on the global energy crisis and where it may be leading us
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