The First Draft, Monday Dec. 29
WASHINGTON – Israeli air attacks in Gaza dominate morning talk shows and front pages of major U.S. newspapers. The attacks pushed up oil prices by more than $3 a barrel to over $40. Gold prices also moved higher. Nevertheless, U.S. stock index futures pointed to a higher open on Wall Street in what is expected to be a light trading.
President-elect Barack Obama remains in Hawaii and President George W. Bush is at his ranch in Texas.
Winter weather extremes and dismal holiday shopping season featured on morning talk shows.
Those who really enjoyed 2008 — there must be a few of you out there — will be glad to hear that the year will last a little bit longer. The world’s timkeepers are preparing to add a special “leap second” on Wednesday just before the clock strikes midnight to take into account the slowing of the earth’s rotation.
REUTERS/Ronen Zvulun (Israeli tanks move just outside the northern Gaza Strip)