Most firms pay no income taxes - Congress

Study finds that the majority of domestic and foreign corporations in the United States avoid paying federal income taxes."NEW YORK (CNNMoney.com) -- Nearly two-thirds of U.S. companies and 68% of foreign corporations do not pay federal income taxes, according to a...

Clinton Camp: portray Obama as foreigner and Out of Touch

Remember Senator Clinton saying, “Shame on you Barack Obama".  sneering that Obama was using pages out of Karl Roves Play book  It appears that there is shame to go all around as Mark Penn, Chief Political...

Russian troops raid Georgian town; scores dead

"Russian tanks rumbled into the separatist province of South Ossetia and Russian aircraft bombed a Georgian town Saturday, a major escalation of the conflict that has left hundreds of civilians dead and some areas...

Georgia reports new air attack near capital

" Fighting raged in South Ossetia for a second day Saturday as Russia sent hundreds of tanks and troops into the separatist province and dropped bombs on Georgia that left scores of civilians dead or...

The Olympics kick off in China amid fireworks and cheers - NP round-up

So it's official - the 29th Olympic Games have begun in Beijing, and the opening ceremonies did not disappoint. There were fireworks, loud cheers, world class athletes, world leaders, and let's not forget, the...

Veep stock rises for Democrat Evan Bayh

Republican John McCain has added a Jewish congressman from Virginia to his list of potential vice presidents, while Barack Obama's schedule raised speculation yesterday he was leaning toward Indiana Sen. Evan...

FCPA PREVENTION AND DETECTION: TIPS FROM THE DELOITTE FORENSIC CENTER

Multi-national organizations eying transactions or partnerships in growing, lucrative foreign markets must weigh the potential rewards against the risk of violating anti-corruption laws, according to the Deloitte...

China to Limit Web Access During Olympic Games Not Surprising

As reported yesterday, the IOC is going to allow China to block access to certain areas and certain web sites to the thousands of journalists going to be covering the Olympics. This was despite promising...

Olympic visitors lining up for cheap liposuction

"Every Olympic Games has its bizarre stories, this year, with the games yet to begin liposuction clinics in and around Beijing are reporting maximum occupancy, with foreign visitors taking advantage of the bargin prices available in Chinese cosmetic surgery practices. The...

Thousands of blank British passports stolen from delivery van in new security...

I suppose, someone giving out the information. This must be done by more than one person. Definitely, an inside job."Thousands of blank British passports have been stolen in a raid on a delivery van.Around 3,000...

Security breach as 3,000 passports stolen from van

Update 31 July 2008"A man has been arrested after blank passports worth £2.5m were stolen from a van.  He is the delivery man who accompanied the driver of the van, sources said.A spokesman for Greater...

McCain Calls Barack, NObama on Energy

Republican John McCain said Monday that drilling for oil off the U.S. coast is an essential part of any plan to lower gas prices and reduce dependence on foreign sources, and he criticized Democrat Barack Obama for opposing it." “We all know that a comprehensive solution is...

China puts restrictions on foreign artists

Music has always been a way to carry messages, political, spiritual and everything in between. Bjork reminded the Chinese government in March about what unchecked music and performances can do to incite political...

Condoleezza Rice to meet North Korean counterpart for nuclear talks

Ending their long held position US has extended olive branch to communist regime of  North Korea after latter abandoned their nuclear programme. Now US secretary of state Condoleezza Rice will meet her Korean counterpart next week to take the discussion further. ...

Tight security, visa restrictions and high fares deter Olympic tourists

Chinese government is not very enthused with the response from tourist for  Olympic games.Main deterrents are strict China visa regime and tight security restrictions. Expensive cost is hampering even domestic tourist in China. Fewer people are going to Beijing...

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