Banks go begging for £40bn lifeline in the biggest nationalisation deal in h...

Bank bailout, still no money for credits and innovation. " Britain's leading banks will today come cap-in-hand to ask taxpayers for £40billion in the biggest nationalisation in history. They were locked in...

FAIL: TPG loses 1.35 billion in WaMu investment

Think you've lost some money? Not even close. Private equity firm, TPG, lost $1.35 BILLION because they invested in Washington Mutual six months ago. If you've missed the news recently, WaMu just crashed, burned, and...

Power prices in Pakistan go up by whopping 40pc

An unprecedented hike in prices of electricity by 40 per cent went into effect in Pakistan on Wednesday jolting a country of 160 million people already reeling under the highest inflation in the country’s history. www.maverickpakistanis.com

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...

Children bullied by their schoolmates for wearing 'wrong brand'

Pupils who wear 'cheap' logos are labelled 'geeks' and become the brunt of name-calling. These pressure will intensify for young people."Children are so heavily influenced by brands that they bully or shun classmates...

Three major US naval strike forces due this week in Persian Gulf

The United States had sent three new American flotillas to the Persion Gulf, raising the number of United States strike forces in the Middle East to 5. The United States, France, Britain, and Canada are planning a naval blockade to deny Iran imports of refined oil...

New Orleans Saints QB Drew Brees focused

"Posted by Teddy Kider, The Times-Picayune July 31, 2008 10:52PMCHUCK COOK / THE TIMES-PICAYUNE Saints quarterback Drew Brees prepares for his eighth season and his third in New Orleans. (photo on site) JACKSON,...

Daily pill halts Alzheimer's in its tracks

"This is an unprecedented result in the treatment of Alzheimer’s disease," said Prof  Claude Wilschik, leader if a British research team.  The results of the Phase 2 study suggests that the new medication known as "rember" stops Alzheimer's by as much as 81%. The...

Kucinich and Others Testify at 'Un-Impeachment' Hearing

Dennis Kucinich continued his attempts to have president Bush impeached today, during a hearing many are calling the 'un-impeachment hearing'. The house has agreed to listen to their claims, but stopped short of...

Now, a 50 megapixel digicam

"The Swedish company Hasselblad's announcement of the launch of Hasselblad H3DII-50, featuring a new Kodak 50-megapixel sensor, has pushed the available resolution in digital cameras to a new high. Such high resolution goes beyond the needs of most consumers but...

Rush Limbaugh: Worth $400 Million?

Let's see if Drudge Report is right on this breaking news." The American broadcast industry is rocked, realigned and blasted into a new orbit, yet again, by Rush Limbaugh, the DRUDGE REPORT has learned. In what is being described as an unprecedented radio contract,...

Wildfires Rage in California

"Firefighters from neighboring states arrived to help Monday after an "unprecedented" lightning storm sparked more than 800 wildfires, from Big Sur to wine country to Humboldt County. Along the coast in the Los...

Looking for Life in All the Wrong Places

Japanese astronomers are looking for life in space. Let's hope they don't find King Ghidorah."Japan's biggest astronomical observatories are teaming up for an unprecedented quest to find out whether there is life in outer space.The project, led by Japanese astronomers, will...

Troops hunt for Afghan prison escapees

"Afghan and foreign troops were hunting on Saturday hundreds of prisoners, including militants, who escaped the main prison in southern Kandahar city after a raid by Taliban insurgents, the government said....

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