The Bush administrations reaction (or lack thereof) to the disaster of hurricane Katrina is perfect culmination of George W. Bush's legacy of turning the US into a third-world country. First our elections are run like a third world country, with...
2 news stories / 1 blog post / 3 images / 2 videos / 3 voices
Iraq Investment Promotion Agency (IIPA) joined in the WAIPA which stands for World Association of Investment Promotion Agencies that aim at boosting cooperation between regional and international investment committees and at facilitating experience exchange in enticing foreign investments....
2 news stories / 2 blog posts / 0 images / 5 videos / 1 voice
A day after striking an alliance with Kingfisher Airlines, Jet Airways has decided to lay off 600 of its employees. The airline would lay off employees from the cabin crew, pilots, ground staff, airport services and management departments, a source...
27 news stories / 5 blog posts / 19 images / 21 videos / 1 voice
PepsiCo Inc., which has struggled with lagging sales of its soft drinks business in the US, announced plans to eliminate 3,300 positions globally, as it reported a 9.5% drop in third-quarter profit and offered a downbeat profit outlook amid a...
18 news stories / 4 blog posts / 8 images / 1 video / 1 voice
Why does Pakistan import Thai Jasmine rice and Thailand import Basmati rice? Both countries are major rice producers. The common sense explanation is the people of Pakistan and Thailand are fond of rice, and some Pakistanis like fragrant Thai rice...
17 news stories / 8 blog posts / 8 images / 22 videos / 3 voices
The United States plans to inject $250 billion in U.S. banks in a new bid to calm rattled markets with about half going to the country's top nine institutions, people familiar with the plan said on Monday. The Treasury will...
48 news stories / 7 blog posts / 1 image / 10 videos / 1 voice
Major stock indexes surged more than 4 percent, including the Dow Jones industrials, which at times jumped more than 400 points. A rebound had been expected at some point after the Dow lost nearly 2,400 points over eight sessions. But...
24 news stories / 4 blog posts / 1 image / 12 videos / 1 voice
After relentless losses punished stockholders in the last two weeks, government support for banks around the world helps to boost all three of the nation's major stock indexes by more than 11 percent. The benchmark Dow Jones Industrial Average gains...
15 news stories / 7 blog posts / 0 images / 8 videos / 0 voices
As US markets are crashing and burning (except for today) rumors are starting to circulate in the financial markets about another crash--Dubai. There has been a dramatic surge in borrowing by Dubai to build massive super structures like the world's...
13 news stories / 6 blog posts / 5 images / 8 videos / 5 voices
Good news from the world’s financial markets at long last. Stock markets in Asia and Europe have reacted favorably to the news that western financial and political leaders agreed over the weekend to pump billions of dollars and euro into...
50 news stories / 4 blog posts / 11 images / 4 videos / 5 voices
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