Home // Monthly Archive for December, 2008
Pound Nears Parity with Euro December 20, 2008
The pound gained one cent against the single currency, but was down 4pc – or 4.5 cents – over the week as a whole.
Brown Ignores Car Manufacturer’s Woes December 20, 2008
Gordon Brown ignored renewed calls from business leaders to save the car industry yesterday, just as America’s ailing automotive giants were offered a $17.4 billion (£11.6 billion) bailout.
Lungs Repaired for Transplant December 20, 2008
Lungs have been successfully "reconditioned" to make them suitable for transplanting, a team of Canadian doctors has claimed.
Sterling’s Fall a UK Economy Boon December 17, 2008
"If the currency had not gone down so far, think how much worse it could have been. A weaker sterling is just what you need in the current situation," said David Owen, the bank's chief economist for developed markets.
Madoff Under House Arrest December 17, 2008
Bernard Madoff, the Wall Street trader allegedly responsible for a $50 billion (£32.3 billion) fraud, will be electronically tagged and placed under house arrest at his Manhattan apartment after failing to find enough people to secure his bail.
Stolen Facebook Accounts Sold for 89p December 16, 2008
The cyber thieves steal the account entry details from users before selling them on to gangs behind online fraud who in turn send viruses to other computer users.
Fed Cuts Interest Rate to 0.25 December 16, 2008
Economists the world over were stunned today as the Federal Reserve lowered its fed funds target rate to 'virtually zero'.
Jacko Play-Acting Zorro in Shopping Spree December 14, 2008
With his trademark trilby hat and a black eye mask, the troubled 50-year-old looked a dead ringer for Zorro.
Mother Sold Twins for Liposuction December 14, 2008
A mother has been accused of selling newborn twin boys for £9,000 to pay for cosmetic surgery. Sonia Ringoir, a 31-year-old restaurant worker from the Belgian tourist haven of Ghent, was arrested and charged last week after the allegations were made by her estranged husband.
UK Police to Question Mumbai Gunman December 14, 2008
British police want to interview a Pakistani suspect in the Mumbai terror attacks, Gordon Brown has said.
‘Al Qaeda Legend’ Arrested in Belgium December 11, 2008
Belgian police Thursday arrested a woman they called an "al Qaeda living legend" as part of an operation to thwart a terror attack being planned to coincide with an EU summit in Brussels, a Belgian police source told CNN.
Police seized 14 people, one of whom was planning to carry out a suicide attack in Belgium, the source said. They had ...
UK Economy at Risk: Cameron December 9, 2008
The government is putting the British economy and the pound at risk with its £20bn "borrowing binge", Conservative leader David Cameron has said.
He called for an election so voters could stop a "fundamentally bad decision" being made which would leave the UK in a "dreadful" situation.
He also said he would not match Labour spending plans for 2010 and beyond.
The ...
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