Japan’s PM Fukuda resigns; Aso in the wings

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Japanese Prime Minister Yasuo Fukuda has formally resigned, making way for Taro Aso, the newly elected leader of the ruling party, to fill the post.

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CNN Student News Transcript: September 24, 2008

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September 24, 2008

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China’s tainted milk scare spreads globally

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African governments have stopped importing Chinese dairy products as the crisis which has seen more than 52,000 Chinese children poisoned by melamine-tainted goods spreads.

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Markets fall as fears grow over bailout plan

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Markets in the U.S., Europe and Asia fell Tuesday as uncertainty grew in the U.S. over a $700 billion financial rescue plan.

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Palin meets with world leaders ahead of VP debate

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Before heading out for a trio of well-publicized meetings with foreign dignitaries Tuesday, Sarah Palin received a briefing from the director of national security, Adm. Michael McConnell.

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Ahmadinejad: ‘American empire’ nearing its end

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In a blistering speech before the United Nations General Assembly, Iranian President Mahmoud Ahmadinejad blamed “a few bullying powers” for creating the world’s problems and said the “American empire in the world is reaching the end of its road.”

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BOJ injects 1.5 trillion yen into markets

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Read full story for latest details.

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CNN Student News: Financial Glossary

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Introduction: Use this CNN Student News financial glossary to help students understand concepts about today’s U.S. economy that are currently in the news.

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U.S. official: Russia boycotts key U.N. meeting on Iran

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A key meeting of world powers to discuss a fourth U.N. Security Council resolution imposing sanctions on Iran is unlikely because of a Russian boycott, according to a top U.S. official.

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