U.K. Injects $64 billion into 3 banks

U.K. is partially nationalizing 3 banks in Britain.

• $34 billion to RBS (Royal Bank of Scotland)
• $30 billion to Lloyds-TSB and HBOS (where merger negotiations are taking place)
• 60% of RBS and 40% of Lloyds-TSB and HBOS will be tax payer owned
• top execs were asked to leave their positions
• other European nations are assumed to be following within the next few days

Source:
http://voanews.com/english/2008-10-13-voa27.cfm

Arab and Jews continue to battle in Acre, Israel

Points found:

• Acre is one of the few mixed Arab-Jewish towns in Israel
• Palestinian man drives on Yom Kippur in a Jewish Neighborhood to pick up his daughter from a friends home
• Jews in the neighborhood get angry and begin to throw rocks at the man and start a riot.
• Arabs retaliate by attacking jewish shops and cars
• Jews backlash again and continue to call a ban on arabs in the city and any arab owned property
• Jewish politician Zvi Hendel tries to get a rise against the arabs by stating its their fault. “We must not let this pass without a response.”
• Two arab owned apartments were torched
• Jews march in the streets chanting “Death to Arabs”
• Israeli-Arab Cabinet Minister Raleb Majadele was the only one found to request police and state we need to have the two communities back at peace

Sources:
http://latimesblogs.latimes.com/babylonbeyond/2008/10/israel-a-barrel.html
http://ap.google.com/article/ALeqM5jrdyA0eP0WYqCWUP91rEAQRtn7cQD93O9S380
http://voanews.com/english/2008-10-11-voa16.cfm