Fidel Castro Warns of Global Nuclear War Threat

Fidel Castro made an appearance on television Monday night discussing events from around the world, after having spent years out of public view. The from Cuban leader discussed about the growing tensions More...

by Ana Nivtova | Published 5 years ago

Burberry says 1Q revenue down 4 per cent

Burberry Group Plc, the UK luxury goods company, announced that first quarter revenue dropped by 4 per cent in the three months to June 30, as a result of a fall in wholesale More...

More businesses for sale than ever

As the global crisis affects countries around the world, more and more business owners are throwing in the towel and turning to selling their business. A spokesperson for, More...

HSBC to cut jobs as profit tumbles

HSBC PLC, (NYSE:HBC) Europe’s largest bank, reported Monday a 70 per cent drop in 2008 net profit. The bank also announced a cost reduction plan which will cut 6,100 jobs More...

Largest Maritime War Drills Held In Hawaii

Around two dozen nations are holding military naval drills in Hawaii. The Rim of the Pacific (RIMPAC) exercises are the world’s largest maritime war drills. The drills are More...

US Sends in Aircraft Carrier as Koreas on Brink of War

As North-Korea and South-Korea escalate verbal threats after Tuesday’s artillery shells “incident” on Yeonpyeong, the US has announced its aircraft carrier More...

Irish Gloom and Koreans on Brink of War Push Stock Markets into the Red

As if the rescue of Ireland’s collapsing economy and fears over Portugal and Spain in the debt-domino-debacle wasn’t More...

Euro collapses to record four-year low

As the European economy suffers from heavy financial burdens and Germany moved to ban naked short-selling of shares, More...

Hysteria Over Thousands of Bird and Fish Deaths in Arkansas

Over 100,000 fish washed up on a river bank in Arkansas and as many as 4,000...

10-year-old Shoots Mother in the Head

A 10-year-old boy from Ohio, USA has allegedly murdered his mother by shooting her in the...

Millions of Americans to Lose Unemployment Benefits

800,000 Americans are set to lose all their unemployment benefits by the end of the month,...

US New Home Sales Drop 12.4% to Record Low

New home sales fell to record lows in July as the real estate housing market in the US continued to suffer More...

Dubai brings down the world

The Dubai government stirred up markets this week by its decision to delay the debt payments which its flagship holding company..

Dubai hit hard by financial crisis

Once the epicentre of global boom with skyscrapers rising into the sky like mushrooms, today Dubai resembles a hungover partygoer. Retail..

Putin Proposes Trade-Free Zone from Lisbon to Vladivostok

In a commentary published in Germany’s Sueddeutsche Zeitung, Russian Prime Minister Vladimir Putin proposed More...

Vostok-2010 – Unprecedented War Games in Full Swing in Russia’s Far East

Over 20,000 troops, 70 combat planes as well as 30 Russian warships are taking part in the Vostok-2010 war games currently..

Russian Navy Deploys Forces for Major ‘Exercise’

The Russian Navy is gearing up to launch the largest naval “exercise” in the World Ocean in the last years. The..

SARB Chief says SA ‘recovery fragile’

According to Gill Marcus – Reserve Bank Governor “The reality is that we probably never really emerged from the crisis, which is..

Employees ’Twittering’ at work; productivity suffers

According to a survey conducted by Morse, an IT service provider, approximately three-fifths of the U.K.’s office staff said that they..

Don’t Panic, Don’t Panic Just Yet

Channel 4 TV was not irresponsible when it set out a ‘what if’ scenario should the collapse of the euro in..

Revolutions are Revolting

Revolutions are rarely what they appear to be. There was precious little Russian participation in the Russian Revolution. Let’s instead call..

The Arms Industry Will be Pleased

Of recent there have been reams of newsprint devoted to the 10th anniversary of the U.S. invasion of Afghanistan; and its..