Jan. 16, 2008—In the latest sign of America’s sinking financial fortunes, investors from as far afield as Japan, Korea, Singapore, Saudi Arabia and Kuwait have come to the rescue of Wall Street. WSJ A1
--Highly promising figures that the administration cited to demonstrate economic progress in Iraq last fall, when Congress was considering whether to continue financing the war, cannot be substantiated by official Iraqi budget records, the GAO reported Tuesday. NYT A10
--US Admiral presses China on arms buildup NYT A11
--Many Americans remain ignorant about much of science [the National Science Board] said. Many are unable to answer correctly when asked whether Earth moves around the Sun (it does). NYT A15
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