Stocks plunge anew as recession worries resurface

"Wall Street falls sharply as investors, worrying about recess, ponder Obama impact on economy NEW YORK (AP) -- A case of postelection nerves sent Wall Street plunging Wednesday as investors, looking past Barack Obama's presidential victory, returned to their fears of a deep...

UK inflation reaches 5.2% in September

Rampant inflation in the UK reached an astounding 5.2 percent in September, figures released today reveal. That's the highest level since the currency crisis of 1992."The Consumer Price Index, the inflation measure most closely watched by policy makers, rose more than...

Life terms for US rail-crash man

"Judges have handed down 11 life terms to a man who parked his car on a Los Angeles railway line and watched as a packed commuter train smashed into it. Eleven people died in the January 2005 crash, and Juan Manuel Alvarez, 29, was convicted of their murders. Judge William...

Beijing puts on a show for the world

"China commandeered the world stage Friday, celebrating its first-time role as Olympic host with a stunning display of pageantry and pyrotechnics to open a Summer Games unrivaled for its mix of problems and promise. China welcomed scores of world leaders to an opening...

Secret deal kept British Army out of battle for Basra

Reports today in British papers are claiming that a secret deal between the al-Mahdi militia in Basra prevented British forces from entering Basrea for nearly a week while US forces were bogged down there. At the time, there was great confusion and speculation about why the...

British women face jail after drunken rampage on jumbo jet

British travellers overseas are continuing to make their country proud, with two girls getting so drunk on a flight from Greece to Manchester that they tried to open the plane door during flight. They had to be wrestled to the ground and handcuffed. The incident is just a...