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The south London businessman at the heart of the latest Labour party funding row yesterday apologised for encouraging his brother-in-law to write a cheque to the health secretary, Alan Johnson, but said it had been an innocent mistake.

Ahmed Yar Mohammed, treasurer of Croydon Central Labour party, denied trying to disguise the source of the donation and claimed he had been travelling abroad, so had asked his relative to provide money for the minister's campaign to become deputy party leader.

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Mitt Romney wrestles with the electability issue

Electability. For Republican voters, that's the final test.

Democrats will nominate Hillary Clinton or Barack Obama. Of the two, Hillary is less objectionable. This nation will remain at war through the administration of the next president. Hillary, despite her pandering to the party's hotfoot-to-run wing and rhetoric that tracks the polls, is less likely to blunder into stupid foreign policy mistakes.

Neither she nor Obama is the president I'd have seated across from Mahmoud Ahmadinejad or some other nuclear-weapon-obsessed strongman. The prospect is unsettling of a president who appears to believe that our problem with evil men and regimes is that we've just not found the right syntax to describe ourselves and our vision in a way that will neutralize their desire to kill us.


London shares lower early on amid position-squaring on New Year's Eve ...

(updating with full details) LONDON, Dec. 31, 2007 (Thomson Financial delivered by Newstex) -- UK blue chips were lower at the start of the final, half-day trading session of 2008 following a mixed performance pre-weekend on Wall Street, with end-year window-dressing the order of the day as a volatile 2007 drew to a close. At 8.54 am, the FTSE 100 index was 18.1 points weaker at 6,458.8. The broader FTSE indices were all lower as well aside from the FTSE 250 index which managed to take on 1.3 points at 10,651.6. Early volume was very thin, with just 61.4 mln shares changing hands in 15,411 deals. Pre-weekend on Wall Street, the DJIA closed 6.26 points firmer at 3,365.87, while the S&P 500 index ended up 2.12 points at 1,478.49, but the Nasdaq composite index finished down 2.33 points at 2,674.46.



 

 

 

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