News Morsels

Israel carried out fifty air strikes on Gaza yesterday, ahead of the vote due in the country’s cabinet for a unilateral truce to be struck. The cabinet is reportedly ready to approve a cease fire agreement.

George W Bush will leave office with an approval rating of 22 per cent, the lowest seen for an outgoing president since Gallup began collating the numbers seventy years ago.

Barclays and Royal Bank of Scotland crashed in trade on Friday on the back of the massive losses revealed by Citigroup, Bank of America and Merrill Lynch. The losses in Barclays’ share price were particularly hit by the lifting of the ban on short-selling.

Inauguration Talk: All of Obama’s Senate nominees are likely to sail through the confirmation process. White supremacists are being watched in the lead up to his administration taking power. Obama is to retrace the steps of Abraham Lincoln in getting to the inauguration, travelling to Washington by train after a town hall meeting in Philadelphia.