• Nobel Peace Prize Awarded: The 2008 Nobel Peace Prize was awarded this morning to former Finnish President Martti Ahtisaari. Chosen from a group of 197 people for his decades of cautious diplomatic work, the Nobel committee says he was picked, “for his important efforts in several continents and over three decades to resolve international conflicts," specifically his work to end South African domination in Namibia.
• Dow Falls Below 8,000 at Opening: Moments after the opening bell this morning, the Dow Jones Industrial Average fell below 8,000 amid news that the global markets are in a selloff. European markets fell more than 10 percent at opening and shares in Asia continued to decline amid fears of a huge global recession.
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The French military accidentally used real bullets instead of blanks, during a demonstration this weekend, injuring 17 people, including three children. The demonstration, intended to showcase hostage-freeing techniques, left a 3-year-old child in critical condition. Chief Bernard Lemaire said the soldier who fired the real bullets has been detained, as the apparent accident has not been ruled out as a criminal act.

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• Attack Threatens Cease-fire: Two Palestinian rockets struck southern Israel moments ago, prompting Prime Minister Ehud Olmert's office says the week-old cease-fire has been broken. The first rockets fired since the truce hit an open area leaving no injuries. As of yet, there has been no word as to how Israel will react, nor any claims of responsibility.
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• Baghdad Blast Kills 51: An enormous car bombing shattered part of a busy marketplace and set a crowded apartment building alight in a heavily Shiite district of Baghdad yesterday, killing at least 51 people and wounding 75. As the blast occurred in the midst of a neighborhood where Sunnis had been savagely driven out, some of locals blamed the displaced Sunnis for the attack. The bombing was the deadliest attack in 3 months.
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