Business reporter Katie Allen assesses the effects of yesterday's rate cut by the US Federal Reserve. She says investors see it - along with George Bush's tax cut - as a sign that the authorities are worried about recession - so they should be too.
• Subscribe free to Newsdesk, via iTunes
• or download this to your computer
• The Newsdesk podcast feed URL
Senior political correspondent Andy Sparrow looks at the effect of the market turbulence and the expected economic downturn on Gordon "an end to boom and bust" Brown.
Duncan Campbell reports from Westminster, where thousands of off-duty police officers are marching in protest at their pay offer.
Middle East correspondent Rory McCarthy reports from Gaza, where thousands of Palestinians have broken through a barrier separating the town of Rafah from Egypt. They're desperate for food and fuel in the face of an Israeli blockade.
The role of Bill Clinton in the campaign of Hillary Clinton for the Democratic presidential nomination is under intense scrutiny, reports Ewen MacAskill from Columbia, South Carolina.
No Country For Old Men and There Will Be Blood each secured eight Oscar nominations.
But today the film industry is mourning the death of the actor Heath Ledger, 28, says Xan Brooks.
Today's papers reviewer is Ros Taylor.
