Oil price falls as Hurricane Gustav weakens

The price of oil has fallen to below $111 a barrel as Hurricane Gustav weakened on its approach to the US coastline. "A stronger dollar also helped reverse the course for oil prices, which had risen by nearly $3 to over $118 a barrel earlier in the session.Still,...

The world’s most powerful celebrities

"Oprah Winfrey remains No. 1 on the Celebrity 100, a power ranking based on both earnings and fame. Despite weakening television ratings and magazine circulation, Winfrey earned $275 million before taxes in the...

Asian shares head for worst quarter in over 5 years

A shaky start to the week as Asian markets wobble on more bad news from America."HONG KONG (Reuters) - Asian shares fell on Monday, heading for their worst quarterly performance in over five years, on persistent concerns about the global credit crunch and the impact of...

US govt cuts interest rate amid global stock sell-off

"The Federal Reserve has cut a key interest rate amid a global stock sell-off. The Fed is cutting the federal funds rate to 3 and a-half percent, from 4 and a-quarter. The rate is what banks charge each other on...

Unrest, Asian growth and speculation explain $100 oil: analysts

"Oil prices have quadrupled in five years, propelled by geopolitical tensions, surging demand from Asia and new buying interest from investment funds, analysts say. The weakening US dollar, which fell again on the foreign exchange market on Wednesday, is also to blame because...

British women treat abortion as the easy option, claims angry Archbishop

I don't know why he is just saying this now. The 'moral focus' has been lost for years. It's disgusting. Hah!! " The British public is in danger of losing its 'moral focus' on abortion and treating the procedure...

US ready to move into Basra as British pull out

"The Pentagon has said it will deploy troops to Basra if necessary to fill the vacuum left by a British withdrawal. Brig Gen Richard Sherlock, deputy director for operational planning at the Pentagon, was adamant...

Tel Aviv the most expensive city in the Middle East

Even though Israel is threatened on a regular basis and Tel Aviv has been directly targeted throughout the short history of the country, the city, perched on the idyllic coast of the Mediterranean, still attracts...

Progressive Network to Bush: All Politics is Local

"As state legislators grow increasingly opposed to an Iraq war that is stretching and weakening the National Guard and draining desperately needed funds at home, activists and legislators are launching a 50-state legislative response to stop President Bush's Iraq escalation...

Two Alarm Fire In Vacant Factory In Camden

"New Jersey - Shortly before 7 p.m. on January 4, 2007, Camden N.J. fire fighters were dispatched to 5th and Berkley Streets in the South Camden section of the City for a building fire. The first in units reported...

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