Growth in oil stumbles- Oman Crude- $46.98 barrel!

"On the Dubai Mercantile Exchange, Oman crude oil closed at US$46.98 a barrel yesterday, the first time it has settled below $50 since it started trading on the exchange last year. On the New York Mercantile...

Motivate Your Employees Through Ownership

"Motivate Your Employees Through Ownership The one indispensable component of a valuable business is its top employees. Think about it: your top employees are even more valuable than you are for the purpose of creating value for your ownership interest. The more...

Israeli Beduins claim link to Obama

Another Tribe claims President-Elect Obama has roots in the Midle-East. What next? "President-elect Barack Obama made history last week when he became the first African-American to be elected into the White House....

Bills' offense flounders in third straight loss

"I don’t want to shortchange the defensive effort by the Patriots, especially the play of the front seven, but the Bills offense continued to be anemic in a 20-10 loss to New England. That makes three straight...

Nanao Singh clinches gold for India

"Thokchom Nanao Singh continued his blazing form and stunned Cadet World Championship bronze medallist Grigoriy Nikolaychuk of Russia 15-5 to clinch the gold at the inaugural AIBA Youth World Boxing Championships in Guadalajara, Mexico. The Army boxer ended up being India’s...

India v Australia, 3rd Test: Match ends in draw

"The third test between India and Australia at Feroz Shah Kotla in Delhi ended in a draw as the two sides decided that a result was not probable early in the afternoon session. Scorecard - India vs Australia - 3rd Test Earlier in the day, Gambhir and Dravid started their...

Asia stock markets surge after Fed rate cut

"Asian stock markets surge after Fed rate cut; South Korean index up 12.7 percent HONG KONG (AP) -- Asian stock markets rallied Thursday, led by a 12 percent jump in South Korea, after the U.S. Federal Reserve slashed interest rates to help revive the world's largest economy...

Yemen floods leave 58 dead, 20,000 without shelter

Strong rain left 58 dead and 20.000 without shelter in Yemen.   " Rain and flooding in Yemen has killed 58 people and left an estimated 20,000 without basic shelter, a local newspaper reported Saturday.   Men try to reach a vehicle carrying tourists...

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....

Wall Street Gets Rescue, But What About Stocks?

" Stocks may get a short-term boost from today's approval of a $700 billion financial rescue package, but the longer-term outlook is far less certain. CNBC.com Bailout Decision With continued weakness in the economy and still-tight credit, market...

Smoking ban: The economics behind it, and more!

"India has imposed a new ban on smoking in public places from October 2, 2008, the 139th birth anniversary of Mahatma Gandhi. Four years ago too, one such 'ban' was 'imposed.' However, it was royally ignored and people continued to puff away in restaurants, clubs, bars, you...

Man tries to cut off his arm at busy Denny's restaurant

no longer armed and dangerous ?I realize the food isn't for everyone, and the service can sometimes be frustrating... but you would think the guy could have waited for an appetizer !"A 33-year-old man who tried...

Private security company takes control of bombed Marriott hotel

"A private security company took control of Islamabad Marriottt hotel after investigation and rescue operation was concluded here on Tuesday.Meanwhile, renovation work of gutted structure continued for second straight day in order to give it a better look for temporary period...

India out of Davis Cup

"Romania retained their place in the Davis Cup World Group after forging to an unassailable 3-1 lead in the play-off with India here on Sunday. With a 2-1 overnight advantage victory was assured when Romania’s Victor Hanescu defeated Prakash Amritraj, 6-2, 6-3, 6-1....

Student cashes in savings after private loan falls through

"Student cashes in savings after private loan falls through"By Emanuella Grinberg CNN ATLANTA, Georgia (CNN) -- Eric Hahn thought his financial situation was set after he was approved for a private student loan with an 8 percent interest rate to supplement his federal...

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