20-year-old Convicted in Toronto Terror Plot

The first person convicted under Canada's new terror act legistlation is a 20-year-old member of the so-called 'Toronto 18', men who prosecutors claim trained to carry out deadly attacks against the Canadian Government. His name has not been released as he was under the age...

Chinese Threaten to Cripple US Banking System

Anyone who has been paying attention to the US economy has known that 3 countries control the fate the American financial system:  Russia, China and Saudi Arabia.  They have been bankrolling America's...

Bush, candidates, lawmakers to meet on rescue plan - Yahoo! News

"President Bush summoned Barack Obama, John McCain and legislative leaders to an extraordinary White House summit, warning Americans and Congress on Wednesday night that failing to act on a $700 billion financial industry bailout could lead to "a long and painful...

10 South African Ministers Resign Along With Mbeki

Ten South African ministers, as well as the deputy president have resigned. The resignations follow as President Thabo Mbeki prepares to leave office. Three deputy ministers have also tendered resignations, after...

Meet "Germany's Dumbest Bankers"

If you thought you've had a bad week at work, consider the plight of Peter Fleischer and Detlef Leinberger, two German bankers who cost their company more than 500 million euros by approving a fund transfer to Lehman Brothers after the investment bank had already declared...

US creates government sponsored Bad Bank

Bad Bank Paulson, Pelosi had the task to announce the "Bad bank" creation finally by the US government. Originally the banks themselves proposed a $70 bn "Bad bank". Obviously the $70bn would have been just...

Gold surges near $900 as credit crisis deepens

When bourses all over the world are tumbling people are worried about their investment options. Gold is all time favourite during the economic crisis. The metal has long been considered a safe, alternative...

India-Australia bigger than India-Pakistan: Sachin Tendulkar

"Champion batsman Sachin Tendulkar on Thursday agreed with the likes of Adam Gilchrist and rated the current rivalry between India and Australia as bigger than that of the traditional one between India and Pakistan because of the “competitiveness” exhibited by the two...

Palin's husband won't testify in trooper inquiry

"ANCHORAGE, Alaska (CNN) -- Alaska Gov. Sarah Palin's husband won't comply with a subpoena issued by state lawmakers investigating her firing of Alaska's public safety commissioner, the McCain-Palin campaign said Thursday. ...

300 abducted children rescued from militants

Update: Latest news says that all the children have been rescued."The local residents rescued on Thursday more than 300 school children who were earlier abducted by the militants.According to sources, militants kidnapped more than 300 children at a government school in...

30 militants killed in northwest Pakistan

In an intensified battle against suspected militants American forces have  killed 32 people, including three women.  The Sunday death toll resulted from the latest round of a military offensive in the insurgent-infested Bajur tribal region, which borders...

Russian threats against Europe

SOCHI black sea russia Sept-11 Following the Russian invasion, NATO decided on 19 August to establish a new NATO-Georgia Commission, which will inaugurate its work in Tbilisi on Monday with NATO Secretary General...

Pakistan army ordered to hit back US forces

Though Sarah Palin seems to be unaware that it's occuring, the US has been undertaking raids into sovereign Pakistan territory from Afghanistan, without the approval of the Pakistan government.  With a new president just taking office in the country, the timing of this...

Saina in Yonnex Quarters

"Saina Nehwal has entered the quarterfinal of Yonex Chinese Taipei Open badminton after easing past Hong Kong’s Kwan Yi Mong 21-8, 21-12 Thursday. Second seed Saina will now face Porntip Buranaprasertsuk of Thailand, who battled past local challenger Shih Han Huang 20-22,...

BCCI objections put Champions Trophy in doubt, again

"The ICC on Thursday admitted that some cricket boards, especially the BCCI and Cricket Australia have objected to the staging of the postponed Champions Trophy in October next year but said Pakistan still retained the right to host the prestigious tournament. India had...

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