US president Obama, Congress call for blocking of executive bonuses at AIG insurance company

Wednesday, March 18, 2009 United States President Barack Obama stated Monday that insurance giant AIG is in financial trouble due to “recklessness and greed,” and called for legal action to stop the company from giving out millions of dollars in bonuses to its executives. “It’s hard to understand how derivative traders at AIG warranted any […]

Heating bills, oil price rise predicted

Wednesday, October 12, 2005 USA — A US government report was issued Wednesday predicting the rise of heating bills due to colder temperatures and impacts Hurricanes Rita and Katrina had on the nation’s energy production. Local forecasters predict that most of the US will have a warmer-than-expected winter this year. However, households that heat their […]

Pope visits homeland in Germany

Monday, September 11, 2006 Pope Benedict XVI went to visit his homeland in Marktl-am-Inn, Germany today. The Pope celebrated Mass in front of 70,000 people, at Kapellplatz square. Benedict had a six-day homecoming tour of his native Bavaria, a state in Germany. He said a prayer remembering 9/11 victims. Benedict also planned to make visits […]

EU fines Microsoft $1.35 billion for non-compliance with antitrust decision

Wednesday, February 27, 2008 The European Union (EU) competitions commission has announced its decision to fine the Microsoft Corporation €899 million (US$1.35 billion), approximately 1/10th of the company’s gross yearly earnings, for failing to comply with the 2004 antitrust order. It is the highest ever fine charged by the EU (also being the largest fine […]

Interview with U.S. Republican Presidential candidate Tom Tancredo

Tuesday, September 25, 2007 Tom Tancredo has been a member of the United States House of Representatives since 1999, representing the 6th Congressional District of Colorado. He rose to national prominence for his strong stance against illegal immigration and his announcement that he was a Republican candidate in the 2008 Presidential election. David Shankbone recently […]

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