Russian currency tumbling after a period of low oil prices

When oil prices are consistently low, countries whose economies rely on natural resource production start to really feel it hit their economy. Russia is one of these countries, and it is now witnessing the...

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...

Lehman Bros., Merrill-Lynch and More Financial Round-Up

A volatile mix of bankruptcy notices and buyouts from some of the most well-established investment banks and insurance companies in the world this morning led to widespread market crashes across the globe....

UPDATE 1-Taiwan banking shares tumble 6 pct on Lehman woes

"UPDATE 1-Taiwan banking shares tumble 6 pct on Lehman woes"   By Faith Hung and Rachel Lee TAIPEI, Sept 15 (Reuters) - Taiwan's financial shares dropped 6 percent on Monday as investors worried that uncertainty surrounding the fate of Lehman Brothers could...

The United States Gets a Run for its Money

It has long since been known that the United States was is the most powerful nation in the world. Although this may be true, there has been much talk about the nation's economy becoming unstable. If the enconomy...

Asian stocks tumble on Bear Stearns news

On the news of Bear Stearn's fire sale, Asian stocks are taking a nosedive.  "Japan's benchmark Nikkei 225 stock index plunged 4.2 percent to 11,727, while Hong Kong' Hang Seng index was down 4.4 percent at...

Giuliani close to swan song in Florida primary

Oh, how the mighty has fallen."Rudy Giuliani, once the presumptive Republican nominee, today was heading for a freefall in Florida only days ahead of the state primary against strong challenges from John McCain...

Sprint shares tumble

It is significant that Sprint can lose this many customers given how difficult it is to unsubscribe to their service.  This is a real measure of just how lousy they are:"NEW YORK (Reuters) - Sprint Nextel...

Heart attacks tumble after Irish smoking ban

Ireland's rate of heart attacks fell by around a tenth in the year following the introduction of the world's first nationwide ban on workplace smoking, boosting the case for more similar bans.

Hollywood Finds a New Set In Vast Desert of Namibia

"NAMIB DESERT, Namibia -- The blonde in the cowboy hat stepped forward with slow, swaggering menace, her boots crunching audibly on the sand below. As the camera zoomed tight on her green zombie eyes, the desert...

Pelosi's Next Big Call

"The incoming House Speaker already made a questionable move backing the losing candidate in the race for Majority Leader. Will she stumble again by choosing a member with a checkered past to lead the House Intelligence Committee? Speaker-to-be Nancy Pelosi, who stumbled...

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