admin @ October 26, 2008 # No Comment Yet
Some critics have pointed to what they’ve called bankers’ unbridled greed as one of the biggest causes of the current financial crisis that started with the subprime-mortgage debacle in the U.S. and has spread like a cancer through banks and financial institutions worldwide. Read more
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DUBAI, United Arab Emirates — Fahad al-Deweesh, a vice president at a Persian Gulf investments firm, is getting e-mails from old finance classmates at the University of Southern California he hadn’t heard from in years, asking what the job market looks like here for Americans. Read more
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SHANGHAI, Oct. 25 — Leaders from Asia and Europe on Saturday called for new rules for and stronger regulation of the global monetary and financial system at the close of a two-day summit in Beijing as China assumed a leadership role in the crisis. Read more
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SAN JUAN, Puerto Rico, Oct. 25 — The Air Force is investigating a top official in the Guantanamo war crimes trials following complaints that he inappropriately sought to influence the prosecution of cases, military officials said Saturday. Read more
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UNITED NATIONS — There are no “Obama 2008″ buttons, banners or T-shirts visible here at U.N. headquarters, but it might be difficult to find a sliver of territory in the United States more enthusiastic over the prospect of the Illinois senator winning the White House. Read more
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BAGHDAD, Oct. 21 — The Iraqi cabinet called Tuesday for reopening negotiations over a draft agreement to keep U.S. forces in this country beyond 2008, but U.S. Defense Secretary Robert M. Gates immediately expressed “great reluctance” about more talks. Read more
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SHANGHAI — As shock waves from the credit crisis began to spread around the world last month, China scrambled to protect itself. Among the most extreme measures it took was to impose new export taxes to keep critical supplies such as grains and fertilizer from leaving the country. Read more
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JERUSALEM (Reuters) – Israel headed on Sunday toward an early election likely to kill any remaining chances for a peace deal with the Palestinians this year after ruling party leader Tzipi Livni dropped efforts to form a government. Read more
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SINGAPORE/LONDON (Reuters) – Central banks are likely to launch new coordinated emergency action this week to calm the panic sweeping financial markets, which could be rocked further by data pointing to global recession. Read more
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Israel appears set for a snap election after the head of the governing Kadima party, Tzipi Livni, said she had given up efforts to form a coalition. Read more
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WASHINGTON (AFP) – The International Monetary Fund has reactivated an emergency aid process for countries seeking help in the global financial crisis, IMF chief Dominique Strauss-Kahn said Thursday. Read more
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AP – Israeli Foreign Minister and Kadima Party leader Tzipi Livni is seen during a meeting with students in … Play Video Video: The Palestinians’ first rugby team AFP Play Video Video: Palestine Hotel FOX News Play Video Video: Swords into olive oil: UN helps rebuild Lebanon AFP JERUSALEM – Prime Minister-designate Tzipi Livni on Sunday abandoned her [...]
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Meredith Kercher murder suspects Amanda Knox and Raffaele Sollecito were at the crime scene on the night of the killing, a lawyer for a third suspect said yesterday. Read more
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LOI SAM, Pakistan (Oct. 25) – A two-month offensive by Pakistani forces has driven militants from a stronghold through which Taliban and al-Qaida fighters had poured into neighboring Afghanistan to attack U.S. troops, the army said Saturday. Read more
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The BBC could face prosecution over obscene phone calls that Jonathan Ross and Russell Brand made to 78-year-old Fawlty Towers actor Andrew Sachs. Read more
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HONG KONG – Excessive levels of the industrial chemical melamine in Chinese eggs might be traced to fertiliser fed to chickens, according to the Hong Kong government. Read more
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The trial of Michel Fourniret — who reportedly enlisted his wife’s help to seize virgin girls to rape and kill — began March 27, 2008, with Fourniet refusing to speak unless court went into closed session and refusing to let the press take his photograph. The Times of London reported the gory details: “The couple [...]
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Saudi Arabia’s king called for greater dialogue and openness between the world’s monotheistic religions on March 24, 2008. In the face of rising tensions over Mohammed cartoons, al-Qaida claiming Pope Benedict XVI is leading a crusade, and a stalled Middle East peace process, King Abdullah‘s outreach took on extra weight. From the International Herald Tribune: [...]
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Why Tuesday? is a Web site promoting the idea of weekend voting, and it offers an answer to the puzzling question in its title. Read more
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10:44pm UK, Saturday October 25, 2008 Israeli Foreign Minister Tzipi Livni has reportedly called off efforts to forge a new governing coalition and will recommend holding an early national election. Â [...]