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Author: elea.namatjiraelea.namatjira
Date: May 6, 2008 21:34
US dollar falls on Fannie Mae loss
* May 7, 2008 - 6:49AM
* Page 1 of 2
The US dollar fell for a second day against the euro as Fannie Mae
reported a larger-than-expected $US2.19 billion loss, indicating the
worst of the housing-led economic slowdown may not be over.
The US currency, up 3%% against the euro from a record low set last
month, weakened as the price of oil surged past $US122 a barrel,
raising concern inflation will accelerate and growth may slow further.
The Swiss franc increased versus the Brazilian real and the pound on
speculation investors will reduce holdings of higher-yielding assets.
''This dollar rally has run out of gas,'' said Alan Ruskin, head of
international currency strategy at RBS Greenwich Capital Markets in
Greenwich, Connecticut. ''People have underestimated the potential for
losses'' among financial companies.
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Author: eennaheennah
Date: May 6, 2008 21:23
world premier in adelaide , doco wins awards for exposing even more
CIA and Mossad anti Islam LIES
In July 2004, Norma Khouri, the best-selling author of
Forbidden Love, was exposed as a major
literary fake.
Her book, which had sold 250,000 copies worldwide, purported to tell
of her experiences in Jordan where a friend, Dalia, had been stabbed
to death by her father after she had fallen in love with a Christian
man. Khouri claimed to have fled Jordan to Australia after being
targeted with a fatwah over her campaign against honour killings.
In reality she seems to have left Chicago in 1999 one step ahead of
the FBI who wanted her for questioning over property transactions and
other assorted frauds. Director Anna Broinowski, who made the 2004
success
Helen’s War about Helen Caldicott, has been
able to get remarkable access to Khouri (or rather Norma Bagain) who
emerges as a charismatic and manipulative figure, as well as to her
victims and the law enforcement agencies she has left in her wake. A
real-life literary thriller.
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Author: eennaheennah
Date: May 6, 2008 21:08
Swiss bank UBS to cut up to 5,500 jobs
5 hours ago
ZURICH (AFP) — Swiss banking giant UBS said on Tuesday it could cut up
to 5,500 more jobs within the next year as it struggles to recover
after wracking up huge losses in the US subprime crisis.
UBS, which is the worst-hit bank worldwide by the subprime crisis on
its massive writedowns, said its net loss for the first three months
of the year reached 11.535 billion Swiss francs (7.075 billion euros,
10.972 billion dollars).
Writedowns for the quarter were 19 billion Swiss francs, in line with
a warning issued by the bank in April in which it gave the same figure
for the writedowns as well as a net loss expectation of about 12
billion Swiss francs.
However, the notable lack of fresh writedowns beyond the 37 billion
dollars UBS had led some analysts previously to comment that the
"worst may be over" for the bank and indeed, the banking sector.
Thank GOD the USA is rapidly bleeding to death and the war crimes
trials can soon begin
www.costofwar.com
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Author: Tom PTom P
Date: May 6, 2008 21:06
Why are we there?
http://www.cbc.ca/world/story/2008/05/06/afghanistan.html
Canadian soldier killed in southern Afghanistan
Reservist was also a Calgary paramedic
Last Updated: Tuesday, May 6, 2008 | 4:51 PM ET Comments138Recommend122
CBC News
Cpl. Michael Starker was killed Tuesday in a gun battle in
Afghanistan.Cpl. Michael Starker was killed Tuesday in a gun battle in
Afghanistan. (Department of National Defence)
An Alberta-based soldier has been killed and another Canadian wounded in
a gun battle after militant fighters ambushed their foot patrol in a
rural area of southern Afghanistan, the military said Tuesday.
The two soldiers were airlifted by helicopter to Kandahar airfield,
where Starker was pronounced dead.
Starker, a Calgary paramedic since 2005, was deployed to Afghanistan in
December, the city of Calgary said in a statement Tuesday.
The injured soldier is in good condition and stable, the military said.
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Author: bejahbejah
Date: May 6, 2008 21:00
Swiss bank UBS to cut up to 5,500 jobs
5 hours ago
ZURICH (AFP) — Swiss banking giant UBS said on Tuesday it could cut up
to 5,500 more jobs within the next year as it struggles to recover
after wracking up huge losses in the US subprime crisis.
UBS, which is the worst-hit bank worldwide by the subprime crisis on
its massive writedowns, said its net loss for the first three months
of the year reached 11.535 billion Swiss francs (7.075 billion euros,
10.972 billion dollars).
Writedowns for the quarter were 19 billion Swiss francs, in line with
a warning issued by the bank in April in which it gave the same figure
for the writedowns as well as a net loss expectation of about 12
billion Swiss francs.
However, the notable lack of fresh writedowns beyond the 37 billion
dollars UBS had led some analysts previously to comment that the
"worst may be over" for the bank and indeed, the banking sector.
Thank GOD the USA is rapidly bleeding to death and the war crimes
trials can soon begin
www.costofwar.com
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Author: simple_languagesimple_language
Date: May 6, 2008 17:47
source: http://www.analyst-network.com/article.php?art_id=2031
The new situation arising from the unilateral Kosovo declaration of
independence shapes a new reality that will have multitude and mostly
negative consequences for countless nations across the globe. It is
important also to illuminate around the existence of the Kosovo issue
as a demographic one, shaped by the expansion of one group of people
(Albanian Muslims) versus the other one (Serbian Christians). Moreover
the existence of facts on the ground as resulting from the population
growth of the former, signify a real precedent for other regions in
the world.
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Author:
Date: May 6, 2008 15:48
Edmonton man admits assaults
Canwest News Service
Published: Tuesday, May 06, 2008
EDMONTON
-- An Edmonton man admitted in court yesterday that he walked into
three elementary schools in 2006 and 2007 and sexually assaulted young
girls. But Johnathan Quinn Lewis, 25, might not be held criminally
responsible. He has a history of schizophrenia.
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