Obama to Call for Regulation on 1st Anniversary of Collapse of Lehman Bros.

One year after the collapse Lehman Brothers, the tipping point that led to the collapse of the financial market, U.S. President Barack Obama will address the world’s economic situation today. He is expected to call for more regulation, BBC News. Aftershock: complete coverage of the financial collapse, BBC News.

German Chancellor Angela Merkel debated Vice Chancellor Frank-Walter Steinmeier last night. 40% of Germans are unsure which party they will vote for in the upcoming September 27 election, Associated Press.

Venezula has made a deal to buy a significant quantity of military equipment from Russia, including 92 T-72 tanks and sophisticated air defense system components. Venezula has spent more than $4 billion on Russian military equipment in the past several years.  Russia is also helping Venezula  develop a nuclear energy program, Christian Science Monitor.

Al Qaeda leader Osama bin Laden released a new audio message on September 13, two days after the eighth anniversary of the attacks on New York and Washington, D.C., New York Times.

18 women and children were killed in a stampede yesterday as they waited for flour and other supplies in Karachi, Pakistan, Reuters.

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