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 […]

2011 BRIT Awards highlights

Friday, February 18, 2011 On Tuesday, the 2011 BRIT Awards were presented from The O2 Arena in London, England. This is the first time that the awards ceremony has been hosted from this venue; previously, the regular location for the show was the Earls Court Exhibition Centre, which is also located in London. The BRIT […]

New Zealand Maori angry over US tattoo kit

Thursday, August 10, 2006 New Zealand M?ori leaders have said that they will try to get a Maori temporary tattoo kit from the Los Angeles store Halloween Town withdrawn from sale, as they find it insulting to the M?ori culture. The Halloween Town, a store that specializes in Halloween costumes and accessories, is selling the […]

Proposed United States doctrine would expand possible use of nuclear weapons

Tuesday, September 13, 2005 The Pentagon has drafted a revised plan for the Doctrine for Joint Nuclear Operations. This draft document is a revison of the Pentagon’s Doctrine for Joint Nuclear Operations, Joint Publication 3-12, which is dated December 15, 1995. This draft redefines the purpose of United States’s Nuclear forces to include “Assuring allies […]

Illinois high schools now required to buy insurance for athletes

Tuesday, August 6, 2013 This past Sunday, Illinois Governor Pat Quinn signed into law a bill known as “Rocky’s Law” that requires Illinois high schools, through the local school district, to buy catastrophic injury insurance up to US$3 million or medical costs for up to five years, whichever one comes first, that covers student athletes. […]

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