Markets Rebound

North American stock markets rebounded from the week’s massive drop late Thursday after traders put cash in to markets by buying stocks that had sunk to attractive lows.

A trading practice known as short selling was also banned for certain shares by four European countries. The practice is believed to have been responsible for the sharp decline in shares of French Banks on Wednesday.

The S&P plummeted 1100 points in three days last week including a 520 point single day loss on Wednesday. 

The US market welcomed the news that less Americans were joining the unemployed than predicted.


West Island man charged with producing child pornography

A 52-year-old Pierrefond man was charged on Tuesday for producing, distributing and possessing child pornography over a span of three years. Kimberly Byron Moskalewski is also accused of secretly watching or recording a person for a sexual purpose.

The violations allegedly occurred at Moskalewski's home, which is located a block away from an elementary school. According to sources, that same home is where Moskalewski's wife operated a small daycare since 1996.

It is not yet known whether the daycare was involved in the charges.


Warren Jeffs gets life in prison

Polygamist leader Warren Jeffs will get life in prison for sexually assaulting two underage followers. A Texas jury took less than half an hour to come to the decision. 

The prosecution says that Jeffs took two teenage members of his Church as brides. DNA evidence proved that he fathered a child with a fifteen-year old. 

He is the head of the Fundamentalist Church of Jesus Christ of Latter Day saints, a radical branch of the Mormon religion. The group's ten thousand followers believe in polygamy and that Jeffs is God's spokesperson on Earth.


August 10th, 2011

Read by Emily Brass

Produced by Nikita Smith

Stories by Alina Gotcherian, Dominique Daoust, A.J. Cordeiro, Sarah Deshaies


Gatti's death not a suicide: manager

According to his former manager, Arturo Gatti’s death wasn’t a suicide. Pat Lynch said the result of a ten month private investigation will be released at the end of the month.

Montreal’s late boxing champion was found dead in July 2009. He was vacationing with his family in Brazil at the time. Gatti’s widow was initially arrested for his murder but later released. Police concluded he hung himself from a wooden staircase column in their rented apartment.


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