Jobless claims hit 25-year high, imports plunge

Jobless claims hit 25-year high, imports plunge Doug Palmer WASHINGTON (Reuters) - The number of U.S. workers drawing jobless benefits hit a 25-year...

Oil follows stock markets, falls below $65 in Asia

"SINGAPORE (AP) -- Oil prices fell below $65 a barrel Thursday in Asia as renewed concerns about the severity of a global economic slowdown triggered an exodus from stocks and commodities. Light, sweet crude for December delivery was down 83 cents to $64.47 a barrel in...

Girl fights for her life after holiday balcony plunge

A British couple fell 35 feet off a balcony in Grand Canaria. It is thought the fall was an accident."A TEENAGER who fell 35 feet from a holiday flat balcony with her boyfriend was fighting for her life in a Spanish hospital last night. Jemma France, 18, and Lee Cook, 28,...

Women survive car cliff plunge

Talk about luck! Four women in the UK drove off a cliff and plummeted 30 metres, but they happened to land in a swimming pool below them. The driver is suspected of driving under the influence of alcohol."Four women walked away with minor injuries after their car plunged 30...

PPT has a busy weekend

" Not much time was spent on the golf course this weekend for members of the Plunge Protection Team. Today's announcement of a support plan for Fannie Mae and Freddie Mac follows another grim week on Wall Street. Hank Paulson and Ben Bernanke faced the impending meltdown...

India To Test Its First Air-to-Air Battle Missile Soon

India's Astra missile, if it flies, may propel the nation into the very small circle of advanced-missile weaponry. What will this mean for the precarious balance of power in that region especially?"In a major technology leap, Indian defence scientists are ready to go ahead...

BASE jumper leaps off cliff but chute fails to open

" POLICE have seized graphic video showing the moment a BASE jumper's parachute fails to open in a near-fatal plunge. The Port Douglas chef and experienced skydiver with hundreds of jumps under his belt, miraculously survived the 305m fall off Australia's highest sheer...

Asian stock markets slump, Wall Street flat « Peter J. Cooper’s Weblog

"China led the Asian markets sharply lower with shares down 5.7 per cent in Shanghai, 3.5 per cent in Hong Kong and 2.5 per cent in Sydney. But after last Friday’s plunge the big cannons were out on Wall Street to steady nerves and head off a likely Black Monday."

Ban Ki-Moon to Chair UN Task Force on Food Crisis

The head of the UN has held a joint press conference with the head of teh World Bank to discuss how the two organisations are going to deal with the food crisis. So far Moon has been criticized for not doing enough to draw attention to the problem."United Nations...

Jim Carrey takes a plunge!

"Canadian-American actor and Comedian Jim Carrey aka manic takes a leap of faith as he jumps off the Arroyo Seco Bridge in California in a bungee jump."