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UK inflation reaches 5.2% in September
Rampant inflation in the UK reached an astounding 5.2 percent in September, figures released today reveal. That's the highest level since the currency crisis of 1992."The Consumer Price Index, the inflation measure most closely watched by policy makers, rose more than...
The Collapse of the Shadow Banking System
NYU Professor, Nouriel Roubini called the sub prime collapse and more recently the Lehman collapse months before it happened. He speculated over the weekend what a failure of Lehman might mean. The... ICELAND CRISIS: Angry Icelandic Government to Sue Britain in Kaupthing Fury
FURIOUS Icelandic ministers are today pointing the finger of blame for the collapse of their largest bank, the Kaupthing, at the British government. Legal moves are being taken after Gordon Brown PM used a 2001... UK Government refuses to rescue councils caught in Iceland bank collapse
The UK's consumer savings protection laws will be put to the test for the first time after the colapse of Iceland's Landsbanki, which had banking outlets in the UK under the name ICEsave. However it has emerged today... NIST to Release Report on WTC 7 via Public Webcast - Thurs, Aug 21st
After nearly 7 years, NIST is finally releasing it's report on World Trade Center 7, the 47-story steel frame and concrete building that totally collapsed at 5:20 pm on September 11, 2001. According to preliminary... Roubini: The Risk of the Mother of All Bank Runs
Nouriel Roubini - the man who anticipated the current financial meltdown - is worried:"Yesterday Thursday a senior market practitioner in a major financial institution wrote to me the following: Situation Report: So... 5 children killed in school stairway collapse in Russia
UPDATE: 9:00PM EST"Five children have died and four have been injured after part of a school collapsed in Russia. A section of the two-storey building in Belyayevka, a small town in the southeastern Urals, came crashing down, spreading debris over a wide area. ... Rest of India win Irani Trophy 2008
"Anil Kumble and Harbhajan Singh ran through Delhi’s batting order and completed a 187-run win for Rest of India in the Irani Cup match in Vadodara. Delhi resumed on 113 for 3 but the collapse started in the second over of the day when Aakash Chopra was bowled by Zaheer... Statement Of September 11th Advocates Regarding The Release Of The NIST Final...
"September 11th Advocates" are "the Jersey Girls", the victim's family members whose lobbying efforts are the reason there was even the 9/11 Commission 441 days after the attacks. 70% of the Family Steering... The house of cards are a tumbling.
“We’re in a serious economic crisis,” Mr. Bush told reporters as the meeting began shortly before 4 P.M (25th September 2008). in the Cabinet Room, adding, “My hope is we can reach an agreement very... America Must Rescue the Bonuses at Goldman Sachs
"America Must Rescue the Bonuses at Goldman Sachs: Michael Lewis Commentary by Michael Lewis Sept. 24 (Bloomberg) -- Anyone who caught even a sliver of yesterday's hearings in the U.S. Senate on the proposed Treasury bailout of the mortgage-backed securities market knows that... Dennis Kucinich's Recovery Plan
Once again, Dennis Kucinich presents a clear analysis along with rational suggestions for real solutions. ..and 'borrowing' trillions of dollars from Social Security is not a solution!EXCERPT: "The same corporate interests that profited from the closing of U.S. factories, the... Australia A to meet India A in final
"Australia A secured a place in the A Team Triangular Series final after allrounder Cameron White triggered a New Zealand A collapse that left his side needing 145 runs in 50 overs. Australia did the needful in 24.5; David Hussey hurrying matters with a 56-ball 78. New... Minnesota bridge opens a year after deadly collapse
A new I-35W bridge has opened in Minneapolis, 13 months after the last bridge collapsed into the Mississippi, killing 13 people and injuring 145. "Honking their horns and stirring up faint clouds of post-construction... Obama gets big Bucks from Fannie Mae/Freddie Mac
Obama calling himself an outsider and agent of change has CEO of Freddie Mac on his Pay Role. The fact is that he has received over 500,000 dollars from folks within Fannie Mae/Freddie Mac. Some of...
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