Buyers Caught in the Lending Freeze

"In an effort to save the flailing financial industry, the Senate has decided to give its nod to the revised $700 billion bailout plan. Although it was initially rejected in the House, it will be presented once again...

Dow Drops 369.88 Points, Below 10000, Lowest level in 4 years, down 3.5%

"Oct. 6 (Bloomberg) -- Stocks tumbled around the world, the euro fell the most against the yen since its debut and oil dropped below $90 a barrel as the yearlong credit market seizure caused bank bailouts to spread...

Russian Tsar descendants officially entitled to royal family property in Russia

Just recently the Russian Supreme Court has ruled in the case of the Russian royal family, which was brutally murdered in 1918 by Bolsheviks, to officially declare Tsar Nikolay II and his family victims of Soviet...

Seoul, Tortured Soul

It seems like only yesterday (actually, it’s been over a week) that I was sitting at my desk at work wondering why my darling students had chosen not to study for yet another test when, out of the blue, I got an...

42-day detention dropped as unworkable in UK

The 42-day detention law, which would have extended the amount of time a person suspected of terrorism could be held without charge, has reportedly been dropped from Prime Minister Gordon Brown's agenda. The issue has been enormously controversial in the UK across party...

A look at what could happen when the offshore drilling ban expires

As previously reported, the House Democrats agreed to let the 26-year offshore drilling ban expire on September 30.Despite growing public outrage at the decision, it is a response to high gasoline prices and the...

U.S. House to vote on offshore drilling Tuesday

The US House of Representatives will most likely vote today on an energy package that will open a lot of coastline to offshore drilling."The package proposed by Democrats would give states the option to allow...

Seoul Goes Boompty Boomp!

Just as I had begun a downward spiral into withdrawal from my heavy addiction to live music happenings, my friend Brian sent me a text proposing that we attend a Derrick Carter concert at Club Mass in Gangnam. ...

The bailout: A band-aid, not a cure

"Here is a short excerpt from an article that I read recently entitled Seeking Relief from a Massive Migraine: " “The U.S. is afflicted by a massive economic migraine, and more than 200 million Americans know too...

Congressmen finally allowed on YouTube

"Congressmen finally allowed on YouTube"" Members of Congress can finally use Web sites like YouTube, after committees in both the House and Senate adopted new rules allowing members to post content outside of the .gov domain, as long as it is for official purposes. The...

Vintage UFO on eBay's Auction Table

Right out of the Jetsons !!" Are you an ultra-rich tech enthusiast with a hankering to own a piece of aero-automobile history? Moller International is now offering its M200X, the first flying car of its kind, up for...

No SEX or LSD on Swedish cars

Now thats what I call a headline !!I was worried when I saw this headline that I was going to have to change my behavior patterns, being a Saab owner and all....."While authorities in Sweden have been known to put...

Peter Mandelson to return to Cabinet

In a truly stunning move, Peter Mandelson, the EU's Trade Commissioner, has been recalled to London to serve in Gordon Brown's cabinet. Mandelson was a powerful voice in Brussels, and it will be interesting to see...

How does the $700bn bail out impact on the UAE and local real estate? « Pete...

" Real estate prices in Dubai should also see a slowdown in price rises, and the selling of new off-plan projects could become very much more difficult at least in Dubai, perhaps not Abu Dhabi just yet: partly because Dubai off-plan supply is so high and partly because the...

Police Expecting House Cat Find Mountain Lion

" A police officer didn't think much of a call to shoo off a bothersome "kitty cat" at a home in Casper, Wyo. Then the officer arrived at the home of Beverly Hood. It was no ordinary domestic feline -- but a...

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