We might as well brace ourselves for $6.00 a gallon at the pumps: High gasoline prices and prospects for an Israeli-Palestinian peace deal headline Vice President Dick Cheney’s trip to the Mideast, but fears about Iran’s rising influence will be a key topic of his private talks at each stop. Mr “closed door energy meetings” […]
This really aligns Clinton with the right wing: Democrat Barack Obama accused his rival Hillary Rodham Clinton on Friday of trying to “scare up votes” with a television ad showing sleeping children and asking who would be more qualified to answer a national security emergency call at 3 a.m. “We’ve seen these ads before,” the […]
Ahh yes – freedom: Pakistan has become the latest country to block access to the video-sharing Web site YouTube on the grounds that one or more videos on the site offend Islam, authorities said Monday. The Pakistani government is also asking YouTube to remove “objectionable content,” said Nabiha Mehmood, a spokeswoman for the Pakistani Telecommunications […]
As markets around the globe open things are looking bad: Share prices in Asia and Australasia continued to fall sharply on Tuesday, a day after global stock indexes tumbled amid fears of a global recession. Japan’s benchmark Nikkei index plunged 1.5% in the first minute of trading. South Korean and Australian shares dropped by around […]
We look down under to Australia where it’s Tuesday morning: The All Ordinaries index dropped 192 points, or 3.4 per cent, in response to big falls on European exchanges overnight. Yup tomorrow in America is going to be very interesting. UPDATE Here is how the BBC is reporting the news: Global stock indexes, including the […]
More signs that our economy is in trouble. Fears that America’s credit crisis is spilling over to hit consumer spending were fuelled yesterday after Tiffany, the upmarket jeweller, gave warning that sales over the Christmas period had fallen. Shares in Tiffany plunged by more than 10 per cent after it admitted that like-for-like sales during […]
John Edwards: Two years after his hopes for a Democratic takeover of the White House were narrowly dashed, former vice presidential nominee John Edwards said Thursday that he is making another run at the presidency. Edwards – who is calling for cuts in poverty, global warming and troops in Iraq – scheduled his kickoff in […]
Iraqis face the dire prospect of losing up to $200bn (£116bn) of the wealth of their country if an American-inspired plan to hand over development of its oil reserves to US and British multinationals comes into force next year. A report produced by American and British pressure groups warns Iraq will be caught in an […]