Yen crosses were the focus overnight as the world equity markets gave back Wednesday's gains; traders continue to buy Yen against all major pairs putting a bit of upside pressure on the USD. However, the big news today is the surprise 1.5 BP cut in interest rates by the BOE. In the statement the BOE said that inflation pressures were dropping and that the need for stimulus was apparent.

Canadian Food Inspection Agency and Mariposa Meats issuing a public warning have asked for ham products distributed in Ontario to be recalled, as they could be contaminated with listeria.

According to the federal agency, the only product affected by the recall is Old Style brand's Thin Sliced Honey Ham that is sold in 450-gram packages with a best-before date of 17th November 2008 and UPC symbol 6 28292 50001 7.

Making history, on 4th November Democrat Barack Obama became the 44th President of the United States. History was again made the morning after when Elisabeth Hasselbeck, co-host, longtime panelist of 'The View' - a five-woman talk show and a vocal support of Republican presidential hopeful John McCain and his running mate, Sarah Palin, did not feel any outrage over Obama winning the election. When Joy Behar, her Democratic co-host asked: 'Are you saying I was right all along?', Hasselbeck not only smiled, she also gave Behar a fist bump.

, 18, a New England Patriots cheerleader has been kicked off the squad after online pictures of her and another person covering a drunken person in profane words, pictures, anti-semitic verbiage, including swastikas surfaced. One wonders what she could have been thinking as the social circle of Bob and Myra Kraft who own the Patriots, also includes fellow leaders of the Anti-Defamation League.

According to the Boston Herald, the pictures posted on Facebook showing Davis and another person writing on a passed out person, have also appeared on a number of other sites like TMZ. com

Jean-Claude Van Damme's new action comedy JCVD has the Muscles From Brussels playing a version of himself i. e. a Belgian actor caught up in a random bank robbery, in what one can only assume is a semi-autobiographical movie. There are some funny moments in the beginning, admittedly; however, soon as the movie begins to get serious, one finds them quickly tapering off.