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   Reuters: Top News

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Government plan for Fannie, Freddie to hit shareholders WASHINGTON (Reuters) - The U.S. government plans to take over Fannie Mae and Freddie Mac and all shareholders of the two mortgage giants will take a hit, an influential lawmaker said on Saturday.

Ferocious Hurricane Ike threatens Cuba and Gulf HAVANA (Reuters) - Hurricane Ike barreled toward Cuba as an extremely dangerous Category 4 storm on Sunday and was forecast to sweep into the central Gulf of Mexico as a large and powerful storm echoing Hurricane Gustav.

Obama and McCain spar over Social Security TERRE HAUTE, Indiana (Reuters) - Democratic presidential nominee Barack Obama warned the elderly on Saturday that Republican rival John McCain would put their retirement income in danger.

Mexicans protest crime at soccer match MEXICO CITY (Reuters) - Tens of thousands of Mexican soccer fans dressed in white at an international game in the Azteca Stadium on Saturday to protest rising crime and a brutal drug war that has killed more than 2,700 people this year.

Venezuela to host Russia navy exercise in Caribbean CARACAS (Reuters) - Several Russian ships and 1,000 soldiers will take part in joint naval maneuvers with Venezuela in the Caribbean Sea later this year, exercises likely to increase diplomatic tensions with Washington, a pro-government newspaper reported on Saturday.

China opens Games, pledges disabled rights BEIJING (Reuters) - Beijing opened the Paralympic Games in spectacular fashion on Saturday, an event China's leaders hope will show them in a compassionate light.

Zardari wins Pakistan election ISLAMABAD (Reuters) - Asif Ali Zardari, the widower of former Pakistani prime minister Benazir Bhutto, swept to victory in a presidential election on Saturday.