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UK Government refuses to rescue councils caught in Iceland bank collapse
The UK's consumer savings protection laws will be put to the test for the first time after the colapse of Iceland's Landsbanki, which had banking outlets in the UK under the name ICEsave. However it has emerged today...
U.S. May Take Ownership Stake in Banks
"Treasury Department May Take Ownership Stake in BanksHaving tried without success to unlock frozen credit markets,the Treasury Department is considering taking ownershipstakes in many United States banks to try to... Paulson Signals U.S. May Invest in Banks to Shore Up Confidence
Following yesterday's announcement that the UK will start investing in banks to shore up consumer and bank confidence, the US appears to be set to do the same thing. Part of the motivation behind this is, rather than... Folksy Gibberish from Palin
I thought Edward Winkleman's account of this moment in the VP debate was spot on: he provides a transcript showing the actual content - or lack of content- in the answer to the question about the role of the Vice... Atlantic City Casinos Preparing for Full Smoking Ban Next Month
"Atlantic City Casinos Preparing for Full Smoking Ban Next Month by KYW's John Ostapkovich Billboards have gone along the highway heading toward Atlantic City, NJ, advertising the smoking ban that...IAEA's legal authority is very limited : ElBaradei
This statement from the director of UN nuclear watchdog is clear very important particularely when venzuela recently announced its nuclear ambition. Recent failure of IAEA in Iran raised the issue of its...Crash looms as McCain rejects bail
" All eyes will again be on the Treasury Secretary Henry Paulson for a statement to shore up market confidence at the opening today, but it is hard to know what he can say as his authority appears to have been undermined at the highest political level, and President Bush... Another Week Another Train Crash :: Train Hits Bus in Los Angeles
"September 19, (by Otto Smyth) According to reports a Metro Blue Line light rail train struck a bus in the Long Beach downtown area. This collision occurred during the morning commute and injured 14 passengers when... Bus collides with commuter train in LA, 13 injured
Another commuting accident in Los Angeles injured 13 Friday, after a light train collided with a Metro Blue Line bus. The accident happened during the Friday morning commute, raising more questions about the safety of public transportation in California."The light rail... SEC Halts Short Selling of Financial Stocks
"FOR IMMEDIATE RELEASE 2008-211 Commission Also Takes Steps to Increase Market Transparency and Liquidity Washington, D.C., Sept. 19, 2008 — The Securities and Exchange Commission, acting in concert with the U.K.... September 11, 2001, the U.S. was attacked by terrorists: Timeline
"Sept. 11: Hijacked jetliners hit the World Trade Center in New York and the Pentagon outside Washington. A fourth hijacked plane crashes into a field in Pennsylvania. Trading on Wall Street is stopped. The Federal... British fusion reactor experiment helps to create steel, twin towers would no...
Magnetic changed steelExperimenting with high temperature fusion creates the demand for new materials, not yet existing. The Brit's say to have found a way to increase steel temperature resistance by changing... Laxman lacks aggression: Afridi
"Pakistani all-rounder Shahid Afridi on Tuesday denied undermining the authority of VVS Laxman, his captain at Deccan Chargers, but maintained that the Indian lacks aggression. The flamboyant all-rounder started a war of words with Laxman with his unflattering remarks that...Colleges Aim for Off-Campus Control
"A growing number of universities are starting to take a more proactive approach to monitoring off-campus behavior and neighbors say the efforts are working. The University of Washington now enforces its campus behavior code off campus as well. A student doesn't need to be... Tesco rapped by ad watchdog for misleading shoppers over rivals' prices
Some print ads by UK grocer Tesco have been deemed misleading by the UK's advertising watchdog. The ads suggested that the store's rivals were more expensive, but some of the words and techniques used in the ads...
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