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Wednesday, September 17, 2008 The Federal Reserve took over American International Group (AIG) on Tuesday in an US$85 billion loan, in exchange for a 79.9% stake in the company. A press release issued Tuesday stated that “the Board determined that, in current circumstances, a disorderly failure of AIG could add to already significant levels of … Read more

Friday, June 10, 2005 The British TV station Channel 4 has discovered that the Sudanese government has signed a deal for a contract to drill for oil in southern Sudan, and that the key man in securing the deal is British. Friedhelm Eronat, who until two years ago was an American citizen, secured the largest … Read more

Monday, June 11, 2007 Ousted Thai prime minister Thaksin Shinawatra had about US$1.5 billion in cash assets in Thailand seized today by the Assets Examination Committee. Calling Thaksin “unusually rich,” the committee said Thaksin had obtained the money through corrupt means. Thaksin’s spokesman and lawyer Noppadol Pattama issued a statement, saying Thaksin would “fight until … Read more

Friday, May 15, 2009 American automobile manufacturer General Motors (GM) announced plans Friday to shut down about 1,100 of its dealerships, in an effort to evade bankruptcy and lower its expenditures. GM’s move comes a day after Chrysler, another U.S. car maker, released a list of 789 dealerships that it was closing. Unlike Chrylser, GM … Read more

Thursday, August 21, 2008 On Thursday, 15-year-old student, Ryan McDonald, was shot and killed. The shooting occurred at just after 8:00am (UTC-5), at Central High School, in Knoxville, Tennessee. According to Deputy Chief of Police of the Knoxville police department, William C. Roehl stated that the shooting was not “random” and that “they had contact … Read more

Thursday, August 25, 2005 Bramalea-Gore-Malton-Springdale Member of Provincial Parliament Dr. Kuldip S. Kular invites “everyone” to his community barbecque. The event lasts from 1 until 4 pm in the northwest corner of Chinguasousy Park, at 9050 Bramalea Road in Brampton. The BBQ is free. Kular was elected into office in 2003, having come to Campbellton, … Read more

Sunday, June 4, 2006 The two brothers who were arrested on Friday regarding intelligence of a chemical bomb plot in East London have denied all the accusations, according to their lawyers. In relation to the accusations of manufacturing a chemical device, Kate Roxburgh, Mohammed Abdul Kahar’s lawyer, said “(Kahar) says there’s absolutely not a word … Read more