An oil barge sailing into Chatham Sound near the Canadian port of Prince Rupert, 30 miles south of Alaska, runs aground and spills heavy oil into the Pacific Ocean.
Irish independent lawmaker Mattie McGrath said he is “not too sure” that he’ll back the Finance Bill, raising concern that the budget may not pass.
The euro fell from near a two-week high against the dollar as Ireland’s parliament neared a vote on austerity measures that are required for the nation to qualify for an 85 billion-euro ($113 billion) aid package.
Irish Prime Minister Brian Cowen’s government started to unravel one day after it turned to the European Union for an international bailout.
"Our country is in grave economic danger."
- Michael Lowry on Dec 06, 2010