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Asian governments move to halt stock market slide
Governments in Asia are pumping in big funds to fight off the credit crunch emerging out of global crisis. Governments are also cutting down cash reserve and interest rate to make more liquidity. Hong is cutting its key interest rate by 100 basis points effective Thursday....
Asia stocks Markets hit new lows as crisis deepens
All the efforts by several governments - including the mother of all bail out plan the establishment of a US$700 billion (S$1 trillion) rescue fund is not yielding any results and have failed to revive the investors confidence. Many Asian and European governments have... Amsterdam Police sweep up artwork (to coin a phrase)
When an artist and a team of volunteers placed thousands of Euro one-cent coins on a walkway, they didn't expect them all to last the night.They didn't expect them all to disappear overnight, and not at thehands of those who took them." After waking up a bit groggy from... $521,000: The average pay of Goldman Sachs employees and that includes sec...
Just in case you thought you were paid enough for what you do...... " They call it Goldmine Sachs. And well they might. Because the Wall Street giant has become the first major investment bank to see its average salary top half a million dollars. ... Break a leg taken literally
COLIN MCKIM, THE PACKET AND TIMES ...UK unemplyment rises to 1.72 mn
The meltdown in the US financial sectory had dashed hope for thousands of people and now the latest data released in UK has also painted a grim picture. "The jobless rate in Britain rose by 0.2 per cent to 5.5 per cent in the three months to July as the number of... UK homes are smallest in Europe
UK is facing an extreme space crunch and now houses are becoming smaller and smaller. London has the smallest house in the Europe and to end this woes London Mayor Boris Johnson has threatned to make a law about minimum space standards on all council flat houses. The Mayor... ‘Knowledge deficit’ sank Lisbon treaty in Ireland
The government of Ireland is expected next month to tell Brussels that it wil be impossible to hold another referendum on the Lisbon reform treaty before the European elections next June, meaning that the elections... The death of the British pub?
Two dozen pubs are closing every week across Britain as more and more people buy booze from supermarkets and have more 'nights in'. The pub is a British instution and unless something is done soon it will be a thing... Prisons with Green Solutions
"An ingenious solution is helping Rwanda reduce the cost of running its bursting prisons, while improving conditions for the prisoners and helping protect the environment.The country’s prison population soared...Tesco pulls out of eco-towns project in UK
Tesco, the UK superkmarket giant, has pulled out of a plan to build "ecotowns" in Britain. The towns were supposed to contain zero-carbon flats and be generally environmentally friendly. "Gordon Brown's plan for eco-towns was unravelling last night, with Tesco withdrawing...Several Indian films could be sued for plagiarism
"Seeking investment for Indian film industry is proving to be a double-edged weapon. With a growth rate of almost 17 per cent, Indian Entertainment and Media industry is flourishing. Iconic film-makers such as...Not so Dumbo: Scientist proves elephants can do maths
"Elephants are known for their sharp memories, now a study has found that they are excellent at maths as well.A researcher in Japan found an Asian elephant called Ashya was able to add small numbers together with... Deceiving Consumers, Food brands downsizing products
I don't know if this was once their tactic in tricking consumers, but when I buy chips, some bags are SO stuffed with air you have no idea the quantity of chips inside the bag. To your surprise when you open the bag,... Maldives presidential candidate Ibra To “Throw Away The Curriculum”
"Presidential candidate Ibrahim Ismail (Ibra) on Sunday attacked the current administration over what he said was a series of education “failures”. Noting a 5 per cent pass rate in GCSE O-level English in 2005,...
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