Banks face pressure on rate cut

"Banks and building societies are coming under increasing pressure from MPs to pass on the latest cut in interest rates to their mortgage customers. Some of the major lenders made an immediate decision to pass on...

This Is Not A Normal Recession: Moving on to Plan B

""The Winter of 2008-2009 will prove to be the winter of global economic discontent that marks the rejection of the flawed ideology that unregulated global financial markets promote financial innovation, market efficiency, unhampered growth and endless prosperity while...

Indian Rupee Falls Through 50 to Record Low on Slump in Stocks

The Indian rupee opened trade on Friday at a record low of 50.15 per dollar weighed down by heavy losses in Asian stocks which raised worries of more outflows from the local share market. The rapid withdrawal...

Every 20th Pakistani an eye patient

" Every 20th person in Pakistan is suffering from eye diseases and there is a pressing need to rescue people from this menace, says Lt Gen (retired) Jahandad Khan, founder and president of Al Shifa Trust, an eye hospital. He says there were 1.7 million blind in Pakistan...

Congress leaders optimistic on revived bailout

" WASHINGTON (AP) -- Congressional leaders said that adding tax breaks and increasing federal deposit insurance should improve chances a $700 billion financial rescue plan will pass the Senate Wednesday...

Seven killed in explosion:India

" At least seven persons have been killed in an explosion in a house where people were making crackers ahead of a festival in eastern India, police said. Two others were seriously injured in the explosion in Balasore district in Orissa state on Sunday evening. The blast...

Euro finals to feature 24 teams instead of 16

" European championship finals will feature 24 teams instead of 16 from 2016, senior UEFA committee member Franz Beckenbauer said on Thursday. "It has been agreed, it will be announced at a news conference...

LPGA backs down on English requirement

When i first heard this news I thought it was ridiculous. Barry Artiste had a piece on this a week ago here. I am not surprised there has been heavy criticism on this as it can be seen quite discriminatory. "Under...

Monogamy's New Poster Boy - Bill Clinton

This is impossibly funny. "Bill Clinton made a plea yesterday for a new emphasis on monogamy as a key element in the battle against AIDS. The former U.S. president, not noted for his ability to keep his own marriage vows, said it was very important to change people's...

Gray wolves are back on the endangered list

Gray wolves have been put back on the endangered species list.  "For these reasons, IT IS HEREBY ORDERED that Plaintiffs’ Motion for Preliminary Injunction (dkt #2) is GRANTED. Endangered Species Act...

Al Gore's call for renewable energy sets us up for a useful failure

Many environmentalists (like Al Gore) have been calling for more rapid adoption of green technologies. But as this piece illustrates, it won't be as easy as Gore and others have been saying. But as the article...

The Biggest Oil Polluter on Earth, Mother Nature

Senator Jim DeMint has joined the effort to bring a little rationality to American energy policy. His office has clipped this video from Fox News that talks about the issues of increasing domestic production —...

Half of UK forces 'ready to quit'

In an alarming trend, Pride in serving the British Royal Navy and Royal Air Force is on the wane in the UK and not many soldiers want to continue working with the armed forces. Despite slew of ...

Danger Ahead! Cell Phones and Driving: Companies Limit Liability With Trainin...

"Recent research suggests that using a cell phone while driving may be just as dangerous as driving while intoxicated---and it can cost a company millions if found liable. Limiting liability while increasing public safety is the focus of "The Dangers of Cell Phone Use While...

10 ways to earn extra money

"Generating multiple streams of income can have a major impact on your finances. Even an extra income of $500 each month could go a long way to paying down debt or increasing your investments. We often hear about the importance of diversifying our investments, but...

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