Asian markets rebound, but Europe slides

http://www.msnbc.msn.com/id/22797865/

TOKYO - Asian shares rose Wednesday while European stocks dropped in a volatile market mix as investors digested the U.S. Federal Reserve’s surprise interest rate cut aimed at shoring up the sagging American economy. Analysts said market swings were expected to linger for some time because the Fed’s quick action between scheduled meetings was seen by some as a sign American authorities view the U.S. credit crunch as a very serious problem. U.S. stocks also appeared headed for another lower open Wednesday although not as steep as Tuesday’s early decline.

Since the world is now getting more advanced we want more high-tech stuff, to do that is by buying them and the country that have the better produce will get more money. Now the U.S and most of the world is getting their technology from Asian products like Sony and entertainment like Nintedo. This is why most of the Asian currency are getting higher.

Thompson drops out of GOP presidential race

http://www.msnbc.msn.com/id/22786860/

Former Senator, Fred Thompson, dropped out of the presidential elections. Last Saturday in the South Carolina primary, when he finished third when he said he needed win. Thompson hasn’t said if he would endorse any of his former rivals. He was on of a handful of Congress who supported Arizona Senator John McCain in 2000, for the unsuccessful race against George W. Bush for the part nomination. He began toying with a presidential run last March, emboldened by a fluid Republican nomination fight and a restive conservative GOP base.

I think that candidates should not drop out of that race until it is done because it can make a turn for the worst or for better. "I hope that my country and my party have benefited from our having made this effort," Thompson said. He just wants a good leader for our country, that is what just his quote tells me.