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ECB cuts rates, following BoE, Swedish Riksbank (AP)
AP - Europe's central banks slashed borrowing costs aggressively Thursday to try and ward off a long recession triggered by the financial crisis.
Publ.Date: Thu, 04 Dec 2008 17:51:50 GMT
Source: Yahoo.com
Pound slumps after grim British economic news (AP)
AP - The pound slumped Thursday to a historic low against the euro and to its lowest level against the dollar in over six and a half years after further grim economic news fueled expectations that the Bank of England will slash interest rates later.
Publ.Date: Thu, 04 Dec 2008 11:11:14 GMT
Source: Yahoo.com
UK new car sales down 37 percent in November (AP)
AP - New car sales in Britain fell 37 percent in November compared to the same month in 2007, with total sales hovering just above 100,000, another sign the automotive sector is being hit hard by the financial crisis, an industry group said Thursday.
Publ.Date: Thu, 04 Dec 2008 10:01:35 GMT
Source: Yahoo.com
Credit Suisse cuts 5,300 jobs worldwide (AP)
AP - Credit Suisse Group said Thursday it is cutting 5,300 jobs — about 11 percent of its global work force — in a bid to reduce costs and take its business back into the black.
Publ.Date: Thu, 04 Dec 2008 17:27:05 GMT
Source: Yahoo.com
France unveils euro26 billion stimulus plan (AP)
AP - French President Nicolas Sarkozy said Thursday he plans to spend his way out of recession with a euro26 billion ($33 billion) stimulus plan designed to boost growth by 0.6 percentage points in 2009.
Publ.Date: Thu, 04 Dec 2008 13:03:04 GMT
Source: Yahoo.com
Latam stocks rebound after falling in morning (AP)
AP - Latin American stocks opened lower Wednesday in line with European markets, then rebounded after Wall Street investors calmly absorbed the latest evidence of a still-weakening economy.
Publ.Date: Wed, 03 Dec 2008 23:00:33 GMT
Source: Yahoo.com
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Anencephalic baby
Posted by: rawazzz
Video duration: 28 seconds
this is a video taken from a mobile phone in a kurdish hospital. the cause of this misshaped child is the effect of chemical weapons (on the parents/grandparents ), used by saddam hussein in the late 80's.
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