Images released by the Chinese government show that the lunar satellite circled the Earth three times before traveling toward the moon and circling it twice before its crash. The government said the Chang'e I was controlled remotely and began to reduce speed about 45 minutes before the crash. Images show the lunar satellite breaking apart on impact. The deliberate crash of the lunar satellite aimed to give China experience for a moon landing in two years and eventual launch of an unmanned lunar rover, according to the report. China hopes to collect soil and stone samples from the moon by 2017 and send a manned rover to the moon by 2020. The country also plans to build its own space station. After the Chang'e I crash, China announced plans to send a space module, Tiangong-I, next year. The government said Chinese astronauts will live in the module and research zero gravity.

Bangladesh's army has held a mass funeral to bury officers slain in last week's mutiny by paramilitary troops. The United States is expected to assist Bangladesh in probing the massacre while the military begins a manhunt for more than 1,000 suspects.
With military pomp and Muslim prayers, Bangladesh bid a tearful farewell Monday to army officers slain in last week's mutiny by paramilitary troops. Tens of thousands of mourners gathered at a military stadium in Dhaka where 50 coffins, including that of a major general who commanded the Bangladesh Rifles, were draped with national and army flags.

Citing the "systemic risk" that would follow the collapse of insurer American International Group (AIG), the government on Mar. 2 announced another bailout for the company, restructuring the terms of existing loans and extending another $30 billion in credit. Meanwhile, AIG reported a huge loss of $61.7 billion in the fourth quarter—the largest in American corporate history. Most of the losses result from restructuring charges and writedowns on the value of assets. The new rescue effort—which gives the government equity in two of AIG's life insurance holding company subsidiaries—comes as efforts by AIG to shed assets to pay off a $60 billion loan from the Federal Reserve have faltered and rating agencies threatened to downgrade the company's credit. And it's not clear the Mar. 2 intervention by the government will be the last. That "depends on what happens to the capital markets in the near term," AIG CEO Edward Liddy said in an interview on the cable channel CNBC.