Nissan to slash 20,000 jobs

Japanese auto maker Nissan has also become victims of economic slum and due to low sales decided to cut 20,000 jobs worldwide which is 8.5% of its workforce over the next one year. The Nissan also announced an...

REJECTED!!!!! 206 Yea / 227 Nay

"As the vote was shown on TV, stocks plunged and and investors fled to the safety of the credit markets, worrying that the financial system would keep sinking under the weight of failed mortgage debt. The markets were highly volatile, with the Dow regaining ground to trade...

MONEYTALK: GM $15.5bn loss

  The credit crises, the petrol $4/Gln GM Sales down on record high. Pick-up trucks almost not to sell. New fuel efficient cars, german daughter Opel still doing well.New Hybrid, electric, Hydrogen cars...

100+ missing, 45 dead after boat sinks in Congo

A boat accident in Kinshasa has claimed the lives atleast 45 people with many more missing. This supposedly happened after the barge hit a rock prior to sinking. According to the UN sponsored Radio Okapi there were about 182 people on the barge that went missing. The latest...

38 dead after ferry sinks in Burmese delta

About 38 people are dead after a ferry sank in a river in Burma yesterday afternoon.It sank in Burma's cyclone-battered Irrawaddy delta."The motorized ship sank in the Yway river in Burma, also known as Myanmar, Tuesday after water entered its stern section, the New Light of...

Titanic life jacket sells for $68,500

"NEW YORK (Reuters) - An unused life jacket from the doomed Titanic ship sold for $68,500 in New York on Wednesday, Christie's auction house said. The...

African migrants shipwrecked off Libyan coast

Over 120 African migrants are missing after their boat sunk en route to Italy. "A boat carrying 150 African migrants en route to Europe sank off the Libyan coast and the Libyan authorities have recovered one...

Twelve killed, dozens missing as boat sinks in Amazon

At least 12 people are reported dead when a boat capsized in the northwestern Brazil.  " Twelve killed, dozens missing as boat sinks in AmazonMon-May 05, 2008Rio de Janeiro / Indo-Asian News ServiceAt least...

Saving Venice From Rising Sea Levels

url="http://skywatch-media.com/"]Venice has become increasingly vulnerable over time, suffering more than 50 significant floods between 1993 and 2002 and sinking about 23 centimeters over the course of the 20th...

Winter Surfing in Toronto

And here I thought just walking the streets was cold! It was -15 today, I can't imagine how cold that water is!"Canada is brutally cold in the winter. This weekend Toronto had one massive winter storm. 30cm (about...

Indonesia has yet to receive info on 16 boat passengers

""I remain following the procedure that the information we receive should be from the official source (the Australian immigration office)," spokesman for the Indonesian Embassy in Canberra, Dino Kusnadi, told ANTARA here Thursday. Until now, the Indonesian embassy has yet to...

Podcast: An Environmental Disaster Unfolds After Russian Oil Spill

"MOSCOW, Nov. 12 — An environmental disaster began to unfold in southern Russia on Monday as tens of thousands of oil-slicked seabirds and globules of heavy oil dotted the shoreline, a day after at least 11...

Boat accident near Bangkok kills one Indonesian

""The captain tried to take the boat to the shore but the water leaked into the boat too quick, so it capsized before the boat reached the shore," he said. Somchai said that the bodies of a Indonesian man and a Thai man and woman had been found, while dozens were injured in...

At least 29 dead as Indonesian ship sinks

""Twenty-nine people have died. The bodies were received from midnight last night until 8:00 am this morning. Nineteen survivors are being treated for shock," Bau Bau general hospital spokesman, Laode Hamdansyah, told AFP. Search and rescue team chief Roki Asikin told...

New blow to dollar amid U.S. growth fears

"The dollar sank Thursday, with the euro rising above $1.40 for the first time, a significant milestone in its gradual decline against other major currencies across the globe over the past six years."this is really innovative,r

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