Fifth of Burmese aid cash lost to exchange rate trick

The situation in Burma after getting hit by Cyclone Nargis is back in the headlines. This time, it has much to do with money issues. " International aid agencies helping the victims of the devastating cyclone in Burma are losing as much as a fifth of the money that they...

Bent banana and curved cucumber rules dropped

Just how many man hours are spent on ridiculous EU rules is anyone's guess, but now a ray of common sense is fermenting in the Euro countries...."A majority of EU member states, including Britain and Ireland, have...

Indian stocks soars after key vote

Stocks market in India have given thumping welcome to government's victory in Parliament. Markets opened  sharply today morning as ruling UPA government won trust vote yesterday. Strong US market on the back of...

Archbishop of Canterbury to spell out new rules for Anglicans

"Archbishop of Canterbury to spell out new rules for Anglicans By George Pitcher and Martin Beckford The Archbishop of Canterbury will today spell out how he hopes a new set of rules can solve "one of the...

Emergency Beijing Olympic pollution scheme begins

"Emergency Beijing Olympic pollution scheme begins By Ben Blanchard Reuters - Sunday, July 20 12:01 pmBEIJING (Reuters) - Beijingers breathed easier on Sunday as traffic restrictions and factory closures came into effect in a last ditch attempt to turn the often...

Tibetan Flags Banned at Olympics

This is not surprising at all especially when the games is taking place in China. I am not sure how many of you know this, but Taiwan won couple gold medals in the 04' Olympics. As the tradition goes, the gold...

Tight security, visa restrictions and high fares deter Olympic tourists

Chinese government is not very enthused with the response from tourist for  Olympic games.Main deterrents are strict China visa regime and tight security restrictions. Expensive cost is hampering even domestic tourist in China. Fewer people are going to Beijing...

Planes fly empty to keep value take-off slots at Heathrow

BMI, the third largest airline in the UK, has admitted it is planning to keep running virtually empty flights in spite of decreasing passenger numbers in order to hold on to its landing and takeoff slots at airports....

Cameron Unveils Tory Plans for US "Chapter 11" Insolvency Rules

A proposal by Conservative leader, David Cameron, to introduce US-Style insolvency rules has come into criticism by corporate recovery specialists.  In the US, "Chapter 11" requires that a struggling company may...

An Imminent Victory for ‘Net Neutrality’ Advocates

"An Imminent Victory for ‘Net Neutrality’ Advocates By Vindu Goel When Comcast admitted last fall that it was blocking — or slowing down, as the company preferred to call it — certain file transfers by customers, a lot of people complained that the company...

Sarkozy aims to revive EU pact this year

In an important speech delivered yesterday in Strasbourg, French President Nicolas Sarkozy, who assumed the French rotating EU presidency at the begining of the month, outlined the timeframe he envisions for trying...

Obama Votes "Yes" As Senate Approves Telecom Immunity and New Eavesdropping R...

UPDATE: The Washington Post has what I think is one of the best summaries of this incident, along with the issue of  the anger Jackson's son, Jesse Jackson, Jr, openly spoke out about."Speaking near a Fox News...

Internet Bug Fix Spawns Backlash From Hackers

"Hackers are a skeptical bunch, but that doesn't bother Dan Kaminsky, who got a lot of flack from his colleagues in the security research community after claiming to have discovered a critical bug in the Internet's infrastructure.Kaminsky made headlines on Tuesday by talking...

Int’l beauty queens, the first and last time in Vietnam?

"Vietnam doesn’t take part in major activities of the pageant, which run from July 8-14, so it doesn’t have a chance to show itself off or learn organising techniques from the US partner.  Many expect that...

Fed to issue new rules to stop shady home-lending practices

The Federal Reserve will issue new rules next week aimed at protecting future homebuyers from dubious lending practices, its most sweeping response to a housing crisis that has propelled foreclosures to record highs.   Sounds like closing the barn doors after the...

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