If you haven't taken a look at the Facts On File World News Digest, you really should. This is a great resource for students and anyone who is interested in current events or history. Facts On File World News Digest is available 24/7 from the library's website and is free to all valid library cardholders.
It covers all major political, social, and economic events since November 1940 with depth, breadth, and accuracy. Fully searchable, you can find many extra features in Facts On File World News Digest including timelines (great for decade projects), editorial cartoons, suggested research topics with articles for each, obituaries (since 1980), and much more!
Because this is an election year, you may want to investigate the in-depth 2008 Presidential Election Coverage Guide. An Iraq War Coverage Guide is also available.