Asian governments move to halt stock market slide

Governments in Asia are pumping in big funds to fight off the credit crunch emerging out of global crisis. Governments are also cutting down cash reserve and interest rate to make more liquidity. Hong is cutting its key interest rate by 100 basis points effective Thursday....

Update Goldman: After the party, the hangover, buying an AIG lifeinsurance now?

Who ever will buy now a lifeinsurance policy from AIG, not trustworthy you may say.Who ever will invest in Goldman & Sachs, still healthy, can they repeat to make profiton short selling of mortgage contracts?...

Cheney bashes Russia for 'brutality' in Georgia

OH sure, what does Cheney care? He's leaving office and moving to Europe. What does he care if he starts a US war with Russia? Even McCain in his acceptance speech said things to indicate he will take on Russia AND Iran as well."(CNN) -- Vice President Dick Cheney harshly...

Myanmar Opens Borders Wide to Cyclone Relief

Myanmar has finally opened its borders to international relief efforts, months after a devastating cyclone left upwards of 140,000 dead or missing. While the government was initially held in harsh criticism for not allowing foreign aid, a US-led group says the country is...

Bihar evacuation begins, 800 000 flood victims rescued

Rescuers have finally come to the flooded Bihar region of Norther India. The slow response of the Indian government drew criticism and accusations of racism earlier this week, and the evacuation efforts are seen by...

Home for 10 people ... in a portable box

"HELSTON, Cornwall, UK (CNN) -- A huge cyclone struck Myanmar in May 2008. It was the largest recorded disaster in that country, killing more than 130,000 people and leaving millions homeless. ...

U. S. Taxpayers to give $1-billion in aid to Georgia: US Taxpayers just don't...

Opinion Barry Artiste Rest assured, I am certain Cheney and the Bush administration had the blessing of the American People in emptying a already depleted bank account already in overdraft years ago from the Iraq...

India battles devastating floods

The condition of flood victims in India are not better despite temporary relief camps due to the lack of central co-ordination in flood affected areas. Trucks and vans carrying relief material stood...

Borobudur and The "2,672"

Note : "2,672 = The number of panels carved in relief that decorate the ninth century Borobudur monument in Jogjakarta."When i was at elementary school, my history teacher told me about the holdover from the ancient...

Vietnam floods 'leave 100 dead'

Flash floods in Vietnam have killed 100 people, and forecasters fear additional casualties as more rain is predicted for Monday. The floods have occured in the country's northern mountain procinves. More than two dozen people are still missing."Flooding and landslides in...

Biofuels company ditches NZ

    Leading United Kingdom biofuel producer Argent Energy is shelving plans to invest more than $100 million in New Zealand. " Dickon Posnett, managing director of Argent Energy's NZ subsidiary, says New Zealand's proposed legislation in the Biofuels Bill makes...

Obama: Rebate on Energy Costs, Paid for by, "Big Oil"

Obama Proposes Rebate on High Energy Costs paid for by additional  Oil company Tax By Albert N. Milliron, Editor, Politisite.com, Iron Mill Interactive Media The Democratic Presidential nominee, Barack Obama,...

Up to 10 Per Cent of Apple's MobileMe Mail was Lost

Earlier this month, Apple launched MobileMe, a replacement for their mildly-successful mac.com email and business service. However, they apparently weren't ready for the amount of users and stress on their server, as a good 10 per cent of the mail was getting lost. As of July...

Senate Will Vote on Prohibiting Funds for Coercive Abortions in China

Washington, D.C. - Today, U.S. Senator Jim DeMint (R-South Carolina) made the following statement prior to a vote on a motion by Majority Leader Harry Reid (D-Nevada) to kill two of his amendments to the...

150 houses from Islamic Relief for Aceh`s tsunami victims

Indonesian, especially Aceh people's will always remember theirgoodness.. "Banda Aceh (ANTARA News) - Britain-based Islamic Relief has donated 150 houses to victims of the 2004 tsunami in Aceh Besar, Aceh Jaya Districts, and Banda Aceh city, Aceh Province.The...

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