Asian Markets Spike On China Stimulus Package

"Asian stock markets rose sharply after China announced a $586 billion economic stimulus package aimed at countering the effects of the global slowdown on China's booming economy. One analyst described the massive package, which was bigger than expected, as a New Deal with...

Indonesia execution of Bali bombers sparks clashes

TENGGULUN, Indonesia (Reuters) - Thousands of people including some hardliners gathered for the funerals of three Indonesians executed on Sunday for the 2002 Bali bombings, sparking clashes between police and emotional supporters. The three men from the militant group Jemaah...

Nortel could cut up to 5,000 jobs next week: analysts

"Nortel could cut up to 5,000 jobs next week: analysts Last Updated: Wednesday, November 5, 2008 | 8:48 AM ET Comments55Recommend32 Reuters, special to CBC News Nortel Networks Corp could shed between 3,000 and 5,000 jobs when it details its...

Asian stocks soar on rate cut hopes

The buying spree led US sharing soaring on Tuesday and Wall Street had  the second-largest point gain in history for blue chips. The fresh hope in the market came with expectation of  a rate cut and easing...

Will the market take the U.S. Government down with it?

"Oct. 10 (Bloomberg) -- The global financial crisis is turning into a bigger drain on the U.S. federal budget than experts estimated two weeks ago, increasing the deficit and the national debt." It would be well...

G.O.P. Facing Tougher Battle for Congress

"WASHINGTON — The economic upheaval is threatening to topple Republican Congressional candidates, putting more Senate and House seats within Democratic reach less than a month before the elections, lawmakers and...

Officer faces charge over secret files left on train

The intelligence officer who left secret terrorism files on a train is going to be criminally charged. "Civil service An intelligence officer from the Cabinet Office who left top secret documents about Iraq and Afghanistan on a train is to face charges under the Official...

Bailout Re-Loaded: Could Balloon to $5 TRILLION Dollars

After defeat of the bailout bill today in the US Congress, legislators are already regrouping in a new bid to facilitate and legitimize the largest and most open theft of taxpayer dollars ever to be perpetrated in...

O.J. Trial Focuses on Audio Evidence

On the third day of testimony, lawyers in the O.J. Simpson trial focused on an audio recording by potential key witness. Both Simpson and Clarence "C.J." Stewart face robbery and kidnapping charges."Robert Lucherini, a lawyer for Stewart, has already challenged the...

HRW Warns of Unexploded Russian Cluster Bomb Ordnances

"Unexploded ordnances of cluster bombs, left by Russian attacks, pose risk to life of civilian population in the conflict zone, the Human Rights Watch warned on August 21. It said that its researchers saw more unexploded submunitions from cluster bombs in and around the...

Charges of Darfur genocide pose no threat to Sudanese leader's rule

Sudan's president has showed no signs of giving in to pressure today for his surrender for war crimes in Darfur. He has received a lot of support from the Arab and African world, so he's not ready to give in yet - or...

Expert: Iran `doctored' photo of missile launches

The Iranian government has fudged pictures to show more missiles at the time of launch. The Pictures were altered to add a fourth missile lifting off from a desert range "An Iranian photograph showing a cluster of missile launches was apparently altered to add a fourth...

Oil Prices tumble below $143

After continuously increasing for many weeks now fuel prices for the first time prices have fallen down. Stronger dollar is also helping in reducing the crude price. dollar has appreciated against major currencies....

European Stockmarkets spooked by fresh credit crunch fears

London stock exchange opened with deep correction after the news of fresh credit crunch. Investors mood are turned sombre with similar news from other European exchanges. "Fears of fresh losses in the financial...

Another Indication that Newspapers are Finished

So, stage one is you lose touch with your audience.  Stage two is you lose readership.  Stage three is your advertisers run.  Stage four is your valuations plummet.  Stage five is the analysts...

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