DTN News - HISTORICAL EVENTS ON OCT 9: Today in History for October 9th

DTN News - HISTORICAL EVENTS ON  OCT 9: Today in History for October 9th

Source: DTN News - - This article compiled by K. V. Seth from reliable sources AP
(NSI News Source Info) TORONTO, Canada - October 9, 2013: (NSI News Source Info) TORONTO, Canada - October 9, 2013: October 9 is the 282nd day of the year (283rd in leap years) in the Gregorian calendar. There are 83 days remaining until the end of the year.


2012 As German Chancellor Angela Merkel visits Greece, an estimated 25,000 protest in Athens
2012 The 2012 Nobel Prize in Physics is awarded to Serge Haroche and David Wineland for their work on quantum optics
2011 In Poland, the Polish People's Party coalition becomes the first government to be reelected since Poland transitioned to democracy in 1989
2011 Germany's Sebastian Vettel becomes the youngest driver to win the Formula One World Championship twice
2010 Wild celebrations occur as a drill reaches an underground chamber with 33-trapped Chilean miners inside
2010 The New York Yankees beat the Minnesota Twins, progressing to Major League Baseball's 2010 American League Championship Series
2008 Iceland takes control of 3 banks due to the global financial crisis
2006 North Korea conducts first atomic weapons test
1997 ABL players allowed to own stock in the league
1997 Hurricane kills 123 in Acapulco Mexico
1997 NC's Dean Smith winningest college basetball coach retires
1997 New York Rangers are 1st NHL team to open with 4 straight ties
1997 Nobel prize for literature awarded to Dario Fo
1996 Howard Stern's book "Miss America" released in paperback
1994 Darmstadt creates element 110
1992 Great meteorite seen from Kentucky to New York
1991 "On Borrowed Time" opens at Circle in Sq Theater New York City for 99 performances
1991 Bush declares "total confidence" in nominee Clarence Thomas

*Link for This article compiled by K. V. Seth from reliable sources AP
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DTN News - US FINANCIAL CRISIS: US Government Shutdown 2013 (Video)

DTN News - US FINANCIAL CRISIS: US Government Shutdown 2013 (Video)

Source: DTN News - - This article compiled by K. V. Seth from reliable sources Reuters
(NSI News Source Info) TORONTO, Canada - October 9, 2013: The White House signalled on Monday that it would be open to a short-term hike in the U.S. debt limit as the United States moved a step closer to its first-ever default while a separate impasse, a partial government shutdown, entered its second week.


The shutdown, which centres on a fight over funding for President Barack Obama’s new health care law, has pushed hundreds of thousands of workers off the job, closed national parks and museums and stopped an array of government services.

A default could have far bigger consequences. Economists say it could trigger a financial crisis and recession that would echo 2008 — or worse. The 2008 financial crisis plunged the country into the worst recession since the Great Depression of the 1930s.

President Barack Obama makes a statement about the government shutdown during a visit to FEMA headquarters. The president thanked workers at the FEMA for doing their jobs under "less than optimal circumstances".zoom

Gene Sperling, a senior Obama economic adviser, reiterated a vow not to negotiate on the debt because it would sanction the threat of default as a bargaining chip and increase the chance of default in the future.

A defiant John Boehner, the Republican leader of the House of Representatives, has insisted that Obama must negotiate on changes to his health care law and spending cuts if he wants to end the shutdown and avert a default.

The uncompromising talk rattled financial markets early Monday as stocks slumped. China, which holds $1.277 trillion in U.S. Treasury bonds and stands as the United States’ biggest foreign creditor, urged that all efforts are made to avoid a default.

*Link for This article compiled by K. V. Seth from reliable sources Reuters
*Speaking Image - Creation of DTN News ~ Defense Technology News 
*Photograph: IPF (International Pool of Friends) + DTN News / otherwise source stated
*This article is being posted from Toronto, Canada By DTN News ~ Defense-Technology News Contact:dtnnews@ymail.com 
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