To the Point
Pakistan and the Global Economy
Police-state tactics smothered political protest today in Pakistan, but a nuclear power is dangerously unstable. We hear what happened and what continued trouble could mean for the world economy, where the falling dollar and sub-prime mortgages are a threat to America's clout. Also, the spreading oil spill in San Francisco Bay.
Police-state tactics smothered political protest today in Pakistan, but a nuclear power is dangerously unstable. We hear what happened and what continued trouble could mean for the world economy, where the falling dollar and sub-prime mortgages are a threat to America's clout. Also, a tanker hit the Bay Bridge, and oil is polluting San Francisco Bay. Environmentalists say it's a "wake-up call."
Former Pakistani Prime Minister, Benazir Bhutto speaks to media after breaking through police lines outside her home. Photo: Warrick Page/Getty Images
In this episode
3 stories58,000 Gallons of Oil Spilled in San Francisco Bay
A tanker hit the San Francisco Bay bridge on Wednesday morning but until 9 o'clock that night officials were told that 140 gallons of oil were involved. It turns out that 58,000 gallons spilled into the water. Was a massive clean-up effort unnecessarily delayed?
Read the story1 minPakistani Police Stop Demonstration
In Pakistan today, thousands of police blanketed the streets of Islamabad and nearby Rawalpindi, where opposition leader Benazir Bhutto had called for a mass demonstration against military rule.
Read the story1 minTumult in Pakistan and the World Economy
With thousands of troops on the streets of Pakistan, President Pervez Musharraf stopped a protest rally today before it ever began. Benazir Bhutto was kept at home, but she may be playing a double game by leaving open the prospect of negotiations.
Read the story1 min