Scottish Hospitals to face random checks on cleanliness

Following an audit of NHS hospitals in Scotland, it has been announced that Scottish hospitals will face random health and safety checks over the coming year."INSPECTORS are to make random checks on hygiene levels and infection control in Scottish hospitals as part of a ...

Stocks plunge anew as recession worries resurface

"Wall Street falls sharply as investors, worrying about recess, ponder Obama impact on economy NEW YORK (AP) -- A case of postelection nerves sent Wall Street plunging Wednesday as investors, looking past Barack Obama's presidential victory, returned to their fears of a deep...

Fake oxford degree cost cabinet post for Iranian minister

The Iranian parliament today sacked the Interior minister on charges of fake degree from oxford.Ali Kordan accepted that the degree he obtained from oxford is fake. " Parliament in Iran has voted to sack Interior...

US: consumer confidence hits record low in 40 years

As the US recession unfolds, new figures show consumer confidence continues to fall. "Consumer confidence fell from a reading of 61.4 in September to 38 this month – the lowest level since the index was established...

Financial crisis: FTSE drops to five-year low

The pound is continuing to plummet against the dollar as fears continue about a global recession. The FTSE has also dipped to a five-year low."The pound lost more than six cents against the dollar as renewed fears...

Asian markets extend losses

The impact of the US financial crisis continues to strike some markets across Asia today. "Japan's Nikkei fell more than two per cent on Tuesday to drop below the 7,000 point mark for the first time since...

Denmark's central bank to back banks until guarantee passes

Denmark's central bank is to tackle problems with any individual banks until the country's parliament approves a scheme to guarantee deposits. ""Until the bill has been passed, Denmark's Nationalbank will take care...

EU leaders thrash out $2.7 trillion bailout plan

OCT-15:  Europe to pledge $ 2 700 billion = $ 2.7 trillion New world financial system         video-g.brown The numbers shown go towards a reduction of currencies to...

Build Confidence in the Banks or Government? Or neither!!

The International Institute of Nonviolence News&Opinion By: Rev. Jermano   What is the issue with this confidence building? We don't have confidence in the banks because they have so many bad loans on their...

FAIL: TPG loses 1.35 billion in WaMu investment

Think you've lost some money? Not even close. Private equity firm, TPG, lost $1.35 BILLION because they invested in Washington Mutual six months ago. If you've missed the news recently, WaMu just crashed, burned, and...

Crisis Damps US Consumer Recovery in September

"     U.S. consumer confidence rose to a seven-month high in September but not as much as previously thought as worries over the growing financial crisis clouded the outlook, a survey showed on Friday. AP The...

Crash looms as McCain rejects bail

" All eyes will again be on the Treasury Secretary Henry Paulson for a statement to shore up market confidence at the opening today, but it is hard to know what he can say as his authority appears to have been undermined at the highest political level, and President Bush...

Small completed property sector, big off

" You might think that this just has to be denting the confidence of some would-be buyers. But is it not realistic to propose that the main impact will be to deflect some of the people who would have bought off-plan back into the completed property market, and that this...

UPDATE: HBOS has Merged with Lloyds TSB - Deal Secured

Lloyds TSB have bailed out HBOS and signed a merger deal, which will make the group one of the biggest banking groups in the world.  There were job fears amongst Halifax Bank of Scotland employees today as both...

Stump the Palin

"GRAND RAPIDS, Michigan (CNN) -- Republican vice presidential candidate Sarah Palin took questions with her running mate Wednesday night, offering at one point to play "stump the candidate" with a mostly friendly Michigan crowd. ...

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