1. This means that the annual inflation for all of 2007 is expected to remain within the government‘s target range: 1–3 percent.

2. The Tel Aviv–based brokerage IBI predicts that inflation will begin to abate as soon as commodity prices recede, but that it will only converge on that range – 1% to 3% – toward the end of next year.

3. Airstrikes continue Israeli jets on Wednesday also pounded a Lebanese army position west of Sidon, killing a soldier and injuring several others, according to the Lebanese army. (Watch Lebanese racing to get out of range –– 1:51) Early Wednesday, an airstrike hit the village of Al Jamaliyeh as the IDF was raiding a nearby hospital in Baalbeck, The Associated Press reported.

4. Israel has reported 54 deaths, including 1' civilians killed by Hezbollah rocket attacks. (Watch Lebanese racing to get out of range –– 1:51) While Hezbollah attacks into northern Israel have subsided in the past two days, Ramon said the Lebanese militia has increased its number of rocket launches from areas north of the Litani River, where the Israeli military has asked residents in two locations to evacuate.

5. How store conquered all 1'1' Jack Cohen started the business selling surplus groceries from a market stall in London‘s East End and making 1 profit from 4 sales on his first day. 1'24 Own–brand products started using TES, the initials of a business colleague, and CO, the first letters of Jack‘s surname. 1'74 Opens first petrol station. 1'85 Launches Healthy Eating brands as health and dietary initiative. 1''1 Becomes Britain‘s biggest independent petrol retailer. 1''2 Starts own organic range. 1''4 First Tesco Express opens as small, high–speed store. 1''5 Clubcard is launched. 1''7 Personal finance – banking, credit cards and insurance – launched. 2002 Launches clothing with Florence and Fred range, and later Cherokee brand. 2003 Tesco mobile phone launched. 2004 Starts own–brand Fairtrade range.