Rains cause floods in Orissa; death toll rises to 33

" BHUBANESWAR: Five more persons died on Sunday in the torrential rains in Orissa taking the toll to 33, even as heavy downpour due to a fresh low pressure over the sea triggered floods in many parts of the state. While two persons were swept away in Rana river in...

Oil price rises with Middle East conflict

After sliding for many weeks Crude Oil prices have started rising due to  violence flared between Israel and Hamas. Crude supplies from the Middle East are likely to be affected in the ongoing fight between...

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...

Soaring Inflation surpasses 12% in India

Despite all the stringent measures like the rate hikes there seems to be no let up in the inflation. And now the looming inflationary pressures are threatening companies' growth...

Mothership Aircraft Ready to Launch Travellers Into Space

Travellers who are bored of the streets of Paris, the canals in Italy or the sunny beaches of the Bahamas have something new to look forward to: space trips. Virgin owner Sir Richard Branson and a team of...

Biofuel target abandoned as doubts grow about benefits

Up until when I purchased and read some books about food production  I was very much in favour of biofuels. I had never considered any of the associated problems such as the claim that production in now...

High petrol prices are GOOD for us, says Cabinet minister

I think he should have known better about how the majority live..or maybe he lives on other planet? " A cabinet minister welcomed spiralling petrol prices last night as an incentive for drivers to make fewer...

US and EU urged to cut biofuels

G8 summit in Japan has started with the calls for enhancing food security and reducing trade barriers on farming products. Leaders have urged to tackle the food crisis on a priority basis. UN secretary general...

Rising costs to dominate G8 talks

The impact on the global economy of price rises and other shocks such as the credit crunch have eclipsed ongoing G-8 and also D8 meeting taking place in Malaysia. " The impact on the global economy of price rises and other shocks such as the credit crunch have eclipsed other...

Gordon Brown: Stop wasting food

Gordon Brown tells Britons to 'Stop wasting food'. Tonnes of food is thrown away as it sits in kitchens going past its sell-by date as shoppers buy too much of what they don't need, lured in by two-for-one...

German Inflation Worst in 15 Years, Wages Decline

"German inflation picked up speed in June, jumping to an annual 3.3 percent, the fastest pace since 1993, from 3.0 percent in May, official figures showed Friday.As inflation climbs and indicators point to an economic slowdown, there are growing concerns Germany and the...

McCain Rises and Obama Dips in Fund-Raising for May!

May Fund Raising Numbers show McCain Raising larger SumsBy Albert N. Milliron, Editor, Politisite.comLooks  Like John McCain has learned how to raise money in a jiffy.  Once running a campaign under...

South African Floods Raise Death Toll

At least 10 people have died and an unknown number are missing after serious flooding burst banks, dams and bridges in Durban, South Africa. Police and rescuers said cars had been swept away and buildings, even railways tracks were damaged."At least six people have been...

Malnutrition death toll rises in East Nusa Tenggara

" The death toll from malnutrition in East Nusa Tenggara has increased to 23 following the death of a child in Sumba regency on June 14. East Nusa Tenggara health office head Stefanus Bria Seran said in Kupang on Monday that his office was making efforts to limit the...

Germany: High Oil Prices are Painful for Us too!

In light of all of the complaints in the US about high oil prices and gas, today's article in Germany's newspaper, the Spiegel, outlined that this is a global problem that is also affecting Germany and people all...

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