The US stock market has risen about 20 percent from its climactic lows reached on Nov. 21 and “chances that we saw the bottom of the bear have increased because of the massive easing done by the Federal Reserve since then,” said Alfred Goldman, chief market strategist at Wachovia Securities…
"Unlike other conflict zones where there is the possibility to flee the war zone, Gaza itself has become the war zone. There is nowhere for the population to go, they are in the middle of all these attacks."..
Israeli leaders said they would press ahead with the Gaza campaign, despite enraged protests across the Arab world and Syria’s decision to halt indirect peace talks with the Jewish state...
Gordon Johndroe, the Bush administration spokesman, said Israel must try to avoid civilian casualties, but laid the blame for deaths on the Palestinian groups that controls the impoverished territory.
The recession in the UK economy in the three months to September was worse than previously thought, official data out on Tuesday showed, underlining the speed of the downturn…
Israel's foreign minister brushed off a call for restraint from Egypt's president, and Israeli Prime Minister Ehud Olmert made a direct appeal to Gaza's people to pressure their leaders to stop the barrages.
Governments across the world have tried to boost expenditure to ease a recession ushered in by a credit crisis in the United States, with Japan and Germany becoming the two latest countries to unveil new spending programs…
Rumor mill, this time 'inside' the Microsoft campus, is that people are hearing a 'buzz' going around that there may layoffs sometime in January, if not later in the year. The word "layoffs", is still buzzing in Redmond....
Actors? you decide:
US forces in Afghanistan, frustrated by a spreading Taliban insurgency that is getting support from militant enclaves in northwest Pakistan, have stepped up strikes by pilotless drones despite Pakistani objections…
The 2006 death of 13-year-old Megan Meier prompted Missouri lawmakers to update state harassment law earlier this year so that it now covers bullying and stalking done through electronic media, like e-mails or text messages…
Eleven of the world’s biggest banks were downgraded Friday by Standard & Poor’s after the ratings agency said the current downturn could be longer and deeper than previously thought…
Paulson could soon exhaust the first $350 billion with the bailout that President George W. Bush’s administration has pledged for General Motors Corp. and Chrysler LLC. The Treasury chief is discussing with aides strategies to seek congressional approval for the rest of the Troubled Asset Relief Program, people familiar with the deliberations said….
A journalist for a Cairo news agency chucked two shoes at President Bush earlier this week, CNN reporter Zain Verjee tries telling Condoleezza Rice that this proves the US is “loathed” around the world. Rice almost leaps out of her seat to reject that...
With Mr. Madoff struggling to convince his rapidly diminishing circle of friends to cough up the remaining $3 million to meet the terms of his bail, Marc Litt, the New York…...
Bernard Madoff, accused of the largest fraud in U.S. history, will be allowed to remain in his $7 million Park Avenue apartment instead of being sent to jail, under terms of an agreement announced today by federal prosecutors....
Rick Warren, the senior pastor of Saddleback Church in southern California, opposes abortion rights but has taken more liberal stances on the government role in fighting poverty, and backed away from other evangelicals’ staunch support for economic conservatism.
Around the United States, the nonprofit community is reeling from the Bernard Madoff scandal. At least two other foundations have been forced to close their doors, having lost virtually all their assets to what the authorities describe as a Ponzi scheme that depended on new investment money to pay off earlier investments...
Japan and major European countries have joined the United States in falling into recession. China has seen its remarkable three-decades long export-fueled rise slowed. Oil-based economies on Washington’s worry list such as Iran, Russia and Venezuela, are reeling, too...
With the passing of Bettie Page, new revelations about her past have again surfaced, here is more information about her life:
As we have said many, many times over, the threat from violent extremists is as much a threat to Pakistani people and the Pakistani government as it is to anybody else...
Here at 'Celebrity Status Quo' were always searching for new ways to impliment new marketing techniques.
In selected watering holes across America, it's party time tonight. In Washington, the festivities will centre on the venerable City Tavern in Georgetown; for $90 (£61), you can taste the cocktail offerings of the capital's most expert bartenders (or "mixologists" as they like to term themselves), listen to a jazz band and, in the words of the invitation, "party like it's 1933".....
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The Mumbai terrorists used cocaine and stimulants to stay awake during the 60-hour fight with Indian commandos last week.
Fear of a prolonged global recession also helped drive down both crude prices and the yield on U.S. government debt, which hovered near record lows last seen more than five decades ago.
"I would hope that when it's all said and done, people say, 'This is a guy who showed up to solve problems,'" Bush said at a global health forum. "And when you have somebody say there's a pandemic that you can help, and you do nothing about it, then you have frankly disgraced the office." ..
