Tourist Attraction: Mount Cameroon

Cameroon also known as "Africa in Miniature" and described by its government as the "melting pot of Africa" is found in the West African sub-region. It is a country that has been blessed with many tourist attractions, its ministry of tourism was created in the 1970's to...

Iran, Russia ink 6 trade protocols

" MOSCOW – The Islamic Republic of Iran and the Russian Federation signed six protocols on broadening their trade and economic cooperation in their fifth joint economic workgroup session on Thursday. ...

Gloomy forecasts for UK economy

[Gloomy forecasts for UK economy   T The Bank of England governor and an influential think tank have predicted that the UK economy is likely to sink...

Global Financial Crisis Takes Center Stage at Socially Responsible Investment...

st1\:*{behavior:url(#ieooui) } "Socially responsible investment industry leaders will focus considerable attention on the global financial crisis at the 19th annual SRI in the Rockies Conference October...

Analyst fired for saying greed is bad in south korea

Some times relity really bites, this story about firing of an analyst proves teh point.He just tried to comment on the greedy behaviour of excessive money making, which resulted in losing his own bread and  butter. "   Han Sang-choon, deputy head of Mirae Asset...

Indian stock market Sensex plunges 600 points

Indian Stocks had a bleak opening on Thursday with deepening worries over a prolonged global economic recession. The absence of confidence spurred a huge sell off across global markets. " Stocks opened almost 600 points down on Thursday with deepening worries over a prolonged...

Germans are stockpiling gold in market panic

German gold dealers have stopped taking new orders for the precious metal as demand has skyrocketed. Gold is seen as a safe investment during the market turmoil.In uncertain economic times, Germans are dumping...

MUFG buys 21 percent stake in Morgan Stanley

" NEW YORK (Reuters) - Mitsubishi UFJ Financial Group Inc (MUFG) said on Monday it bought a stake in beaten-down Morgan Stanley, though at more favorable terms, as the U.S. government reportedly offered to support the Japanese bank's investment. Mitsubishi UFJ, Japan's...

World Bank to fund Pakistan’s coal projects

" The World Bank is in the process of issuing a Concept Note on its agreement for giving financial and technical support to the federal and Sindh governments in Pakistan in evaluation of investment proposals and documentation of Thar coal-fired power projects. “We...

Japan's Yamato Life fails with $2.7bn in debt

The global credit crisis sparked by the U.S. subprime collapse has started spreading its wing and  has wiped out more than $670 billion in market value from the Tokyo Stock Exchange's this week. And now a 98-...

SRI in the Rockies to Honor Community Investors

Investors who earmark at least one percent of their capital for community investment will be honored at the 2008 SRI in the Rockies Conference, the premier annual conference for the sustainable and responsible...

Father kills family and himself, despondent over financial losses

In these unprecedented financial crisis unexpected is happening. A mother of all bail out to the tune of $700 billion to rescue the financial world. But impact of the crisis is already started happening. People...

Wall Street Gets Rescue, But What About Stocks?

" Stocks may get a short-term boost from today's approval of a $700 billion financial rescue package, but the longer-term outlook is far less certain. CNBC.com Bailout Decision With continued weakness in the economy and still-tight credit, market...

UBS to Cut 2,000 More Investment Banking Jobs

" UBS said on Friday it is cutting another 2,000 jobs at its troubled investment bank and closing most of its commodities business but will remain a universal bank and will not quit investment banking completely. The news on Friday comes just a day after the world's...

Long gold, long silver, a lifeline for hedge funds? « Peter J. Cooper’s We...

" Perhaps the hedge fund managers should take their cue from the central banks which are not going to be selling gold over the next 12 months as they have been over the past four previous years. Supply is coming out of the market at a time of rising demand for a hedge...

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