Thatcher dead?

No not that one its a cat called Thatcher, the bereaved owner John Baird sending a text message to a friend in Canada sparked of a lot of response. Well when the Canadian Prime Minster received the news he had to...

UK announces £50 billion bailout plan

The UK government held emergency meetings yesterday after shares in the country's major banks took a nosedive. This morning chancellor Alistair Darling, who heads UK finances, has detailed a plan for a £50...

Germany to guarantee bank deposits

"In addition to helping rescue Hypo Real Estate from possible collapse, the German government has sought to reassure its citizens by announcing that it will guarantee all bank savings. Finance Minister Peer Steinbrück told reporters in Berlin that this meant that bank...

UBS seen announcing 1,900 new job cuts

With world economy heading dangerously towards recesion banks have started cutting down jobs. After HSBC banks announced job cut few days back  now UBS AG, the the European bank with the biggest losses...

Bailout talks to resume

" NEW YORK (CNNMoney.com) -- The congressional negotiations over the proposed $700 billion bailout of the financial system were set to resume on Friday - a day after hours of talks ended in a partisan divide. ...

US: Financial Crisis - President Bush to Urgently Address American Nation To...

AS the global financial rescue package looks to collapse, President George Bush is to address the US nation on TV tonight in a tone of great urgency, in a special plea.   "With a financial rescue plan...

Living One year rent free in a Ghost town?

"We didn't sell one house," real-estate agent Michael McKinnon says.But for the Pfluegers, who won, the outcome appeared to be nothing short of divine intervention. Mr. Pflueger had been out of work for eight...

Steven Truscott gets $6.5 Million for Wrongful Conviction

In 1959, then 14-year-old Steven Truscott was sentenced to hang for the rape and murder of a schoolgirl, a friend of Truscott's.He narrowly avoided his death sentence, spending more than 10 years behind bars. After he emerged, he stayed quiet for over 25 years, taking an...

Zimbabwe opposition HQ raided

OpinionBarry Artiste, Now Public Contributor Morgan Tsvangirai sequestered inside the Dutch Embassy,  as Police storm opposition Headquarters taking dozens of party members. Yep, certainly looks like...

12 trampled to death in Mexico City

Lets hope the death toll is not going to keep rising on this tragedy. "MEXICO CITY, Mexico (CNN) -- Twelve people were fatally trampled Friday night during a raid on a nightclub in northern Mexico City, police said. The 6:30 p.m. (7:30 p.m. ET) raid resulted in a stampede...

Air Canada Jazz to close Hamilton operations end of July

It was reported Air Canada is planning to cut 2000 jobs to compensate for the high price of oil. The cutdown has begun with them closing Hamilton operations. I am sure there will be more closures coming up ...

Gates picks new leadership for Air Force

"WASHINGTON (Reuters) - Defense Secretary Robert Gates on Monday recommended senior Pentagon official Michael Donley to be secretary of the U.S. Air Force in a shake-up triggered by mistakes in handling nuclear...

Protection of Children's Rights debated in Egypt's Assembly

"CAIRO, June 3, 2008: Amidst heated debate, Egypt's  People’s Assembly continued discussing amendments to Child Law 12/1996, which aims to extend the legal protection of children.On March 4, President Hosni Mubarak signed the final version of the amendments...

"Cyclone victims do not need 'chocolate bars'" - Myanmar junta

Myanmar's military rulers have recently let foreign aid workers in to the country, and then this..." MYANMAR’S ruling junta lashed out at foreign aid donors Friday, saying cyclone victims did not need...

Government set to defy its own experts and upgrade cannabis again

The Labour government in the UK is set to do a U-turn on its Cannabis policy today, reclassifying the drug as a 'class B' offense after it had downgraded it to 'class C' in 2004 in order to free police to deal with more serious drug cases."The home secretary, Jacqui Smith,...

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