Home // Monthly Archive for September, 2008
McCain Links to Gambling? September 29, 2008
Senator John McCain was on a roll. In a room reserved for high-stakes gamblers at the Foxwoods Resort Casino in Connecticut, he tossed $100 chips around a hot craps table. When the marathon session ended around 2:30 a.m., the Arizona senator and his entourage emerged with thousands of dollars in winnings.
Bailout Plan Rejected by Congress September 29, 2008
The House today rejected a $700-billion Wall Street bailout that would have been the biggest government intervention in the financial system since the Great Depression, sending the stock market into a sharp downturn and leaving President Bush's plan to bailout the economy in doubt.
Bradford & Bingley to Cost UK Taxpayers $300Bn September 28, 2008
British taxpayers will be liable for more than £150 billion of potentially toxic mortgage debt following the nationalisation of Bradford & Bingley, one of the country’s biggest mortgage lenders.
German Police Capture Terroristst on Plane September 26, 2008
German police seized two suspected terrorists from a Dutch passenger aircraft at Cologne airport Friday shortly before it was due to take off for Amsterdam, officials told CNN.
$700 Billion Talks Collapse September 26, 2008
The day began with an agreement that Washington hoped would end the financial crisis that has gripped the nation. It dissolved into a verbal brawl in the Cabinet Room of the White House, urgent warnings from the president and pleas from a Treasury secretary who knelt before the House speaker and appealed for her support.
Russia to Ban Simpsons, Southpark September 24, 2008
The move came as Russia's broadcast watchdog began hearings on whether or not to revoke the license of a cartoon network as punishment for transmitting episodes of South Park, The Simpsons and Family Guy.
Buffett Sinks $5Bn in Goldman Sachs September 24, 2008
Warren Buffett to the rescue: His Berkshire Hathaway Inc. agreed today to invest $5 billion in Goldman Sachs Group via a purchase of preferred stock.
Bill Proposes End to US Coastal Drilling September 24, 2008
House Democrats are preparing a stopgap spending measure that would eliminate a 26-year-old ban on coastal oil drilling, avoiding a showdown with Republicans over domestic energy production that could have shut down the government.
FBI Investigates Fannie Mae & Lehman September 24, 2008
The FBI is trying to pin down whether executives at four American financial institutions, believed to have triggered the $700 billion proposed bail-out of Wall Street, lied to shareholders, it emerged yesterday.
9 Dead in Finnish School Shooting September 23, 2008
A student who opened fire inside a vocational school in western Finland on Tuesday, killing nine students, was questioned by police and released a day before the massacre, Finland's interior minister said.
Russia, China, Germany Reject US Evidence of Iran N ... September 20, 2008
Russia, China and Germany refuse to countenance tougher sanctions against Iran notwithstanding the International Atomic Energy Agency’s report from Vienna that its inspections of suspect activities and covert projects were stalled by Tehran’s non-cooperation. Diplomats for the five permanent Security Council members and Germany, meeting at the State Department Friday, Sept 19, therefore failed to agree on a new ...
SEC to Temporarily Ban Short-Selling September 19, 2008
The Securities and Exchange Commission says it will issue a temporary ban on short-selling CNBC has learned.
HBOS & Lloyds in Merger Deal September 17, 2008
Lloyds TSB was tonight on the brink of sealing a dramatic rescue of ailing mortgage giant Halifax Bank of Scotland.
India Headmaster Beats Boy to Death September 17, 2008
An 11-year-old boy has been beaten to death by his headmaster in the Indian state of Bihar – the third child to be beaten to death by a teacher in India this year.
Newcastle Sale Attracting Abu Dhabi? September 16, 2008
Having put Newcastle United up for sale on Sunday afternoon, Mike Ashley is expected in Abu Dhabi within the next 24 hours to speak to possible purchasers of the Tyneside club. As he does so, supporters of Newcastle will gather this evening to discuss the formation of a new organisation, one that will continue to protest until Ashley ...
Chemical in Tins Double Heart Disease & Diabet ... September 16, 2008
A chemical found in tin food cans and plastic drinks bottles can more than double the chance of developing heart disease and diabetes, a new study suggests.
UK Minister Resigns, Brown’s Party Stumbling September 16, 2008
David Cairns, a Labour minister, has resigned in protest at Gordon Brown's leadership.
Best Buy to Acquire Napster for $121M September 15, 2008
Consumer electronics retailer Best Buy said on Monday it plans to buy digital music service Napster Inc for $121 million in cash.
Pakistan Fires on US Troops September 15, 2008
Pakistani forces have fired on US troops near the Afghan border, stopping them from entering a remote north-western region of the country, local security officials said today.
Shares Fall as Lehman Collapses September 15, 2008
Shares nosedived in London and New York today as traders dumped stock following the collapse of US investment bank Lehman Brothers, which has left thousands of staff facing redundancy.
The £4 Pint September 14, 2008
First it was petrol, then food, now beer. Breweries have decided to hike their prices for the second time this year, bringing to the market, for the first time, the £4 pint.
Clegg Will Close Super-Rich Tax Loophole September 14, 2008
Nick Clegg today vowed to end the "grotesque spectacle" of hedge fund managers paying less tax than their cleaners by closing loopholes that benefit the super-rich.
Saudi Judge: Kill ‘Immoral’ TV Station ... September 14, 2008
The most senior judge in Saudi Arabia has said it is permissible to kill the owners of satellite TV channels which broadcast immoral programmes.
No Survivors: Russian Jetliner Crash September 14, 2008
A jet carrying 88 people crashed early Sunday morning in western Russia, killing everyone on board, an airline spokesman said.
Lance Armstrong Makes Return September 10, 2008
Lance Armstrong, seven times winner of the Tour de France, has confirmed that he is returning to professional racing in 2009 – with the objective of taking an eighth win in cycling's blue riband event.
Cholera Spreading in Iraq September 10, 2008
Officials in Babil province reported at least 90 cases of cholera since the waterborne disease hit the area this month, but the Health Ministry in Baghdad said only 20 cases had been confirmed and that test results were pending on 15 more possible cases.
N. Korea Denies Kim Illness September 10, 2008
North Korea Wednesday denied claims that its reclusive leader Kim Jong Il is seriously ill and may have suffered a stroke, granting a rare interview to a foreign media outlet to dismiss what it said were "conspiracy theories."
UK Doctors: Raise Tobacco Taxes – Wipe Out Sm ... September 8, 2008
Britain's oldest and most powerful medical college today calls on the Government to set a target to eliminate smoking by 2025.
Computer Bug Halts UK Stock Markets September 8, 2008
Trading on the London Stock Exchange was halted for most of Monday because of a computer fault, interrupting a surge in share prices as markets reacted to a U.S. mortgage bailout.
Civilians Killed, Taliban Targeted September 8, 2008
Isn't this always the case though? We have ample evidence that the Taliban are not above sheltering with civilians and mingling inside communities to use any such war dead as propaganda.
Hamilton Wins Belgian Grand Prix September 7, 2008
Lewis Hamilton won a dramatic Belgian Grand Prix at Spa to maintain his lead at the top of the Formula One World Championship.
UN: Eat Less Meat September 7, 2008
People should have one meat-free day a week if they want to make a personal and effective sacrifice that would help tackle climate change, the world's leading authority on global warming has told The Observer
Hamilton Clinches Pole at Belgian Grand Prix September 6, 2008
Lewis Hamilton claimed his fifth pole position of the season and 11th of his 30-race Formula One career ahead of tomorrow's Belgian Grand Prix.
Boeing Machinists on Strike September 6, 2008
Boeing Co. machinists walked out on strike Saturday after talks with a federal mediator failed to produce an agreement.
Bhutto Widower Wins Pakistan Presidency September 6, 2008
The widower of slain former leader Benazir Bhutto will succeed Pervez Musharraf as president of Pakistan after winning a landslide election victory Saturday.
Movement in Poland to Legalise Marijuana September 3, 2008
According to Polish Radio, a campaign to loosen the marijuana laws is underway in Poland. A petition to the Ministry of Justice requesting the legalization of marijuana for personal use has already been signed by hundreds of people, including drug rehab specialists and members of Monar, a nonprofit group that works with addicts, the HIV/AIDS positive, and the homeless.
IRA Army Council Declared Redundant September 3, 2008
The verdict delivered by the Government body that scrutinises paramilitary activity on the group that orchestrated 35-years of terror will raise hopes that the last step on the road to full devolution in Northern Ireland can at last be taken over a decade since the signing of the Good Friday Agreement.
Lily Allen Put in Place by Elton John September 3, 2008
Young pop singer Lily Allen received a very public dressing down from industry veteran Sir Elton John last night as the pair hosted the GQ Men of the Year Awards.
Palin Confirms Daughter Pregnant September 1, 2008
The Republican vice presidential candidate Sarah Palin has announced that her 17-year-old daughter is pregnant, in an announcement intended to knock down rumors by liberal bloggers that Palin faked her own pregnancy to cover up for her child.
UK Home Loans Down 71% September 1, 2008
The number of mortgages approved for people buying homes dived by 71 per cent during the past year to hit a new record low, figures showed today.
Japanese Prime Minister Resigns September 1, 2008
Japan's unpopular prime minister, Yasuo Fukuda, announced his resignation Monday after less than a year in office.
Farming Fish and Vegetables Together September 1, 2008
Confounded by the inexhaustible array of choices available when you stroll through a supermarket today? Well, here's another one to add to the list: How would you like your environmental degradation? By land or by sea? Whether it's pesticides and fertilizers leaching out of croplands or marine fish stocks vanishing by the boatful, every food purchase carries increasingly visible ecological ...
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