January 12, 2005

The U.S. trade deficit has reached a record $60 billion. Meanwhile, China's trade surplus is at $11 billion, which is its highest level in 9 years. I'm thinking that might not a coincidence.

The death toll from Monday's 30-foot-deep mudslide is up to 10, with 13 people still missing.

Canadian authorities have found a 3rd case of mad cow disease, raising new concerns about the prevalence of the infection in North America.

Apple has unveiled a new low-cost Mac for $499, and a stripped down iPod. The smallest-capacity iPod will have 512MB of storage, and cost $99. A 1GB version will sell for $149. Like other iPod models, the new players will only play songs from Apple’s iTunes.

Posted @ 8:53 AM | Link

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