U.S. reaches bailout deal in bid to stem crisis

"   WASHINGTON (Reuters) - U.S. lawmakers on Sunday were set to sign off on a deal to create a $700 billion fund to buy bad debt from ailing banks in a bid to stem an escalating credit crisis that...

Oil jumps USD 5 after report of US Gas stocks falling

Crude oil prices again soared up after remaining cool for sometime. The news of US Gas stock shortage fulled the price hike. A latest report says that US gasoline supplies fell by 3.5 million barrels last week.  US crude stockpiles also fell by 100,000 barrels last week,...

Nigeria: Another heavy attack by Militants on oil pipelines

Nigerian militants blew up a key oil supply pipeline operated by Chevron, in the latest attack targeting the country's multi-billion-dollar oil industry, company and military sources said Saturday.The US oil giant was forced to shut down operations as a result of the...

Another one bites the dust - Airline Closes

South Africa: Nationwide Grounded As BEE Deal Fails to Fly"CASH flow problems, rising fuel costs and the failure of a proposed black empowerment deal yesterday grounded budget airline Nationwide, which said it was halting all flights with immediate effect.The collapse of the...

Zapped rat causes Stockholm power outage

" STOCKHOLM, Sweden - The electrocution of a fat rat in an electric station Saturday caused a three-hour power outage in Stockholm's central train station, halting elevators and escalators....

General Motors paralysed by strike

"Disgruntled staff streamed out of General Motors factories across the US yesterday as the country's main car workers' union called a nationwide strike in a protest over healthcare benefits and job security. The...

Premier eyes deal to end gun run

OpinionBarry Artiste, Now Public ContributorNow Public Readers and the Canadian Public should know this deal like many others the Federal  Conservatives are trying to get passed for years in the majority...

Iranians don't hate Americans: Ahmadinejad

Actually, nobody in this part of the world would hate anyone but Mr Bush. They don't even hate that Mr Bush but his anti-Muslim policies, expansionist mindset and boorish measures to find solutions to problems...

Bush, Iraq PM to discuss ending violence (AP)

" WASHINGTON - Halting violent sectarian strife in Iraq " /> SEARCH News | News Photos | Images | Web " /> Iraq , especially in Baghdad, will dominate President Bush " /> SEARCH News | News Photos | Images | Web " /> President Bush 's summit with Iraqi Prime Minister Nouri...

Gaza Cease-Fire Appears to Hold, Halting Rocket Attacks

"SDEROT, Israel, Nov. 25 - A cease-fire in Gaza between Israelis and Palestinians appeared to be holding today after most Palestinian factions stopped firing rockets at Israel in exchange for an Israeli withdrawal of its troops from the territory. The cease-fire, which went...

Israel approves halting air strikes for 48 hours - CTV.ca

" Updated Sun. Jul. 30 2006 11:33 PM ET CTV.ca News Staff Israel says it will halt aerial activity in southern Lebanon for 48 hours, while it investigates an air strike that killed56 Lebanese, mostly women and children. "They're also saying that they're going to ensure a...

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