Tweet Los Angeles : Hollywood actress-singer Lindsay Lohan has rubbished rumours that she made out with Jessica Alba’s husband Cash Warren at a club, insisting that she would never kiss a married man. “It is absurd. He is married. I wouldn’t dare kiss him,” starpulse.com quoted Lohan as saying. The couple was reportedly spotted kissing [...]
Continue reading …Tweet Mexico City : At least 14 people were killed in the northern Mexican state of Nuevo Leon in clashes between police and alleged members of the country’s powerful criminal gangs, media reported Saturday. Two successive shootouts in the Monterrey suburb of Juarez left 12 dead late Friday, including a boss of the dreaded Los [...]
Continue reading …Tweet Buenos Aires/La Paz : Four years after taking office, Evo Morales, Bolivia’s first president of indigenous descent, is poised for re-election with a first-round majority. A year ago, Bolivia seemed haunted by the ghosts of civil war, with deep divisions between east and west, town and country, and between Morales’ supporters and opponents. Ahead [...]
Continue reading …Tweet Athens : More than 100 youth were detained after clashes with riot police and five Italians and four Greeks were arrested, reports said Saturday. The clashes come a day before the first anniversary of a police shooting of a teenager, which sparked the country’s worst riots in decades. The arrests and detentions took place [...]
Continue reading …Tweet Washington : The World Bank has banned Limited Liability Company Siemens, a Russian subsidiary of Siemens AG, from participation in the agency’s projects for four years. The action was taken Monday over the firm’s fraudulent and corrupt practices prior to 2007 in a World Bank-financed Moscow urban transport project. The World Bank reached a [...]
Continue reading …Tweet Sydney : The Reserve Bank of Australia (RBA) Tuesday raised interest rates 25 basis points to 3.75 percent to choke off inflationary pressure as the economy gains momentum. It was the third month in a row that the RBA has hiked rates by one-quarter of 1 percent. “Despite the volatility in financial markets in [...]
Continue reading …Tweet Dubai : State-run Dubai World, which stunned the global financial markets with a debt restructuring announcement last week, Tuesday said only some subsidiaries were in financial trouble and that it would expedite the process to restructure the $26 billion owed by these entities. “The proposed restructuring process will only relate to Dubai World and [...]
Continue reading …Tweet New Delhi: Cash-strapped national carrier Air India’s losses for last fiscal are expected to more than double to Rs.5,000 crore owing to the economic meltdown and low yields, Aviation Minister Praful Patel said Tuesday. Air India had incurred a loss of Rs.2,226.16 crore during 2007-08, Patel told the Rajya Sabha. The flag carrier of [...]
Continue reading …Tweet London : Britain is the only G20 nation still in recession, official figures showed after Canada resumed growth in the three months from July to September, going up 0.1 percent. The British economy shrank by 0.3 percent between July and September, the Office of National Statistics said, making it the only country in the [...]
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