At A GlanceKosovo clashes force UN pullout
United Nations police in Kosovo have been forced to withdraw from Serbian areas in the divided city of Mitrovica after clashes with Serb demonstrators.
At least 22 UN police and eight Nato troops were reported injured after a raid to retake a court seized by Serbs. Nato troops - who used tear gas as they faced gunfire, stones and petrol bombs - have now taken control of security. The violence is the worst since Kosovo's unilateral declaration of independence last month. J.P. Morgan To Buy Bear Stearns For $2 A ShareNEW YORK (Dow Jones) -- J.P. Morgan Chase & Co. is buying battered broker Bear Stearns Cos. for $236 million in a Federal Reserve-backed bailout unprecedented in scope and execution. The Federal Reserve, which cut the discount rate in a coordinated move with its announced backing of the deal Sunday evening, is taking the extraordinary step of providing special financing in connection with this transaction. The Fed has agreed to provide financing of up to $30 billion of less-liquid assets held by Bear Stearns (BSC). Roughly $20 billion of that funding will back mortgage securities. Google News, YouTube blocked in China amid Tibet riotsChina's decision to block access to Google News, YouTube follows similar government censorship of protests by Myanmar By Dan Nystedt, IDG News Service Beijing appears to have taken a page out of Myanmar's playbook by blocking some Internet access amid rioting in Tibet that has already seen as many as 80 people killed, according to the Tibetan government in exile. China has blocked access to Google News and YouTube in an apparent attempt to stop the spread of video footage related the rioting going on in several cities in Tibet, including the capital Lhasa. Demonstrations in the city started on March 10, a day commemorating the anniversary of a 1959 uprising against Chinese rule after which the spiritual leader of the country, the Dalai Lama, fled to India. China has said the Dalai Lama is to blame for rioting in the country, and puts the civilian death toll at 13, while adding that police and security forces have also suffered casualties. © 2008 News Looks
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