Major tumble for European shares

There is no good news from the European Market . European equities collapsed on Friday, left vulnerable after a dramatic late sell-off in        New York extended the sustained losing streak on world stock markets. Banking stocks once more...

Mount Vesuvius Eruption Scare Caused By F-16s Sonic Boom

Vesuvius apparantly fairly often causes scares in Naples there was one last year after claims that people would not be able to evacuate quickly enough if there was a similar eruption to the one that destroyed Pompeii...

Poll on the economy: Americans gloomier, for now

"As people on Wall Street and Main Street hold their breath to see if a federal bailout of the nation's financial institutions will work, Americans are starting to speak — not whisper — the word "depression." In a sign that anxiety is growing, 33% of 1,011 adults surveyed...

New hurricane menaces Caribbean

The Carribbean is preparing for yet another storm, Hurricane Ike, to pass through their region soon."Ike has regained strength after weakening, with winds in excess of 115mph (185km/h) as it nears the Turks and...

A More Perfect Union: The Creation of the U.S. Constitution

Today, Wednesday, the 17th day of September 2008, marks the 221st anniversary of the signing of the Constitution for the United States of America by the nation's founders, and with the hope of forming a more perfect...

Miliband: I toned down conference speech to avoid 'Heseltine moment'

More drama from the Labour Party conference in the UK, as Gordon Brown tries to save his job and David Milliband tries to convince the media that he is not gunning for it. Embarassingly, Milliband was overheard...

Contador Wins Cycling's Triple Crown in Record Time

Spain's Alberto Contador won on his home soil, taking the Vuelta a España with a time of 80 hours, 40 minutes, and 8 seconds. The 25-year-old Spaniard is one of a handful of cyclists to have won cycling's three...

Financial Weapons Of Mass Destruction

"Financial Weapons Of Mass Destruction photo credit: laffy4k New York Times called the possibility of an AIG liquidation “as close to an extinction-level event as the financial markets have seen since the Great Depression.” We keep hearing that the current...

Fourth Baby Dies As Milk Crisis Widens in China

A fourth baby is reported to have died in China's continuing and widening milk scandal. Tests found the chemical melamine in liquid milk produced by three of the country's leading dairy companies. Thousands of children have gotten ill from drinking the tainted milk. "A fourth...

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...

Why the Financial Meltdown Reflects the Fundamental Failure of the Bush-McCai...

"The financial meltdown on Wall Street is more than a cyclic correction brought on by a mismanaged business cycle. It is emblematic of a problem at the very foundation of the right wing economic philosophy that...

MLB reaches 250,000 home runs hit, Tiger's Gary Sheffield makes the record

Baseball's Gary Sheffield made league history in Monday's game against the Oakland A's by hitting home run number 250,000. Sheffield is the designated hitter for the Detroit Tigers and is expected to reach his own...

Liquid restrictions to remain at UK airports

Following a jury's decision yesterday that the government's case against the men accused of planning to use liquids on planes as explosives could not be substantiated, the UK government says it will still continue to forbid passengers to take liquids on...

Near-fatal accident leads to music career

"NEW YORK (CNN) -- Singer Melody Gardot made her first album lying in bed. ...

Trends Point to Major Drop in Organic Food Prices

There is compelling evidence that we are about to see a drop in organic food prices.  This goes against what we see currently as food prices across the board are skyrocketing.  Despite first impressions,...

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