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David R. Sands

David R. Sands

dsands@washingtontimes.com

David R. Sands covered numerous beats, including international trade, banking, politics and Capitol Hill, and spent eight years on the foreign desk as senior diplomatic correspondent. He has authored The Times' weekly chess column since 1993.

Articles by David R. Sands

Incumbents paying for backing bailout

The $700 billion Wall Street rescue package isn't playing favorites on the campaign trail: Both Republican and Democratic incumbents are under fire for backing the bailout.

November 1, 2008

Indian takes world chess crown

Indian Grandmaster Viswanathan Anand became the undisputed world chess champion Tuesday, defeating titleholder Vladimir Kramnik by a score of 6 ½-4 1½ in their scheduled 12-game match in Bonn -- a result many saw as confirming a shift in the game's balance of power.

October 30, 2008

Lieberman may still hold key to chamber

Through a quirk in the rules, Connecticut Sen. Joe Lieberman may once again emerge as the Senate Democrats' indispensable man, despite his support of the Iraq war, his full-throated endorsement of Republican Sen. John McCain for president and his prime-time speaking slot at the Republican National Convention in September.

October 30, 2008

Indian chess master retains crown in world title match

Indian Grandmaster Viswanathan Anand became the undisputed world chess champion Tuesday, defeating former titleholder Vladimir Kramnik by a score of 6 1/2 - 4 1/2 in their scheduled 12-game match in Bonn, Germany -- a result many saw as confirming a shift in the game's balance of power.

October 29, 2008

Critics see bailout free-for-all

A growing number of lawmakers and economists are criticizing the Bush administration for extending the massive Wall Street rescue plan far beyond what they had thought were its original limits.

October 29, 2008

Dow up nearly 900 points

UPDATE: At the closing bell, U.S. stock markets gained positive territory Tuesday with The Dow Jones Industrial Average up nearly 900 points despite a gloomy consumer confidence level and U.S. housing prices.

October 28, 2008

McCain calls for Stevens to step down

UPDATED -- Republican presidential nominee Sen. John McCain Tuesday called for Alaska Sen. Ted Stevens to resign his seat a day after the seven-term GOP lawmaker was convicted by a federal jury.

October 28, 2008

Treasury puts $34B in 18 regional banks

The Treasury Department has placed more than $34 billion in 18 regional banks in a renewed push to ease the nation's credit crisis, amid growing complaints that the recipients of the taxpayer bailout are using the money not to lend to customers but to buy their competitors.

October 28, 2008

Jobs are job one on campaign trail

They have the same job, they want the same job, and neither Sen. Barack Obama nor Sen. John McCain has been particularly subtle about where the issue of jobs ranks in the closing weeks of their presidential battle.

October 26, 2008

Dow down 312; big sell-off averted

Wall Street stocks staged another broad retreat Friday, but traders and analysts said fears of an even bigger sell-off failed to materialize amid a rare bit of hopeful news about the U.S. housing market and falling prices of oil.

October 25, 2008

WH picks D.C. site for crisis summit

The building constructed to help aging Civil War veterans in the 1880s will be the site where President Bush and other world leaders gather to draw up the blueprint for the world financial system in the 21st century, the White House said Friday.

October 24, 2008

Wall Street retreats, but avoids bloodbath

UPDATE: Wall Streets stocks staged another broad retreat Friday, but traders and analysts said fears of an even bigger sell-off failed to materialize amid a rare bit of hopeful news about the U.S. housing market and falling prices for oil.

October 24, 2008

Bush to host financial summit

President Bush on Saturday said he will host a summit of world leaders in the near future to address the global financial turmoil and discuss ways to prevent a future crisis.

October 19, 2008

Economists prescribe deeper deficit

The financial crisis has rocked the economy's foundations, but it also has opened a window of opportunity for the next president.

October 17, 2008

Dow gains 401 points as oil prices decline

The prospect of cheaper oil and cheaper money helped Wall Street buck the global market trend and post sharp gains Thursday, as a late rally put U.S. stock markets in the black after two days of sharp losses.

October 17, 2008

With late rally, Wall Street bucks trend

The prospect of cheaper oil and cheaper money helped Wall Street buck the global market trend and post sharp gains Thursday, as a late rally put U.S. stock markets in the black after two days of sharp losses.

October 16, 2008

Losses lighter as queasy traders digest more bad news

In what passes for good economic news these days, panic gave way to uncertainty as Wall Street investors tried to digest a string of new reports on the health of the U.S. and world credit markets.

October 16, 2008