Central Banks Worldwide Cut Interest Rates
In an effort to reduce the effect of the ongoing financial crisis, six central banks worldwide have reduced their interest rates by 0.5% in an unexpected move which took place today. The banks involved in the deal are the Bank of Canada, the Bank of England, the European Central Bank, the Federal Reserve, Sveriges Riksbank,...
Icelandic Internet bank suspends UK accounts
The Icelandic internet bank, Icesave, has suspended all 300,000 of its UK customer accounts, leaving account holders in the United Kingdom unable to withdraw or deposit any funds. A message on its website posted this morning states: "We are not currently processing any deposits or any withdrawal requests through our Icesave...
UK Government to Spy on Phone, Email, Browsing, of Entire Population
The government of the United Kingdom leaked its plans yesterday to launch a program which will monitor every British citizen's emails, internet browsing records, and telephone conversations. While a specific plan has not been reached, UK ministers agreed on spending up to £12 billion (USD$21.2 billion) on the new spying system....
Mother, Daughter Accused of Stealing Husband's $3.5 million Lottery Ticket
On April 4, 2008 Bobbi-jo Arnold, accompanied by her mother Mary Patricia Moore and other family members, claimed a $3.5 million lottery ticket win in Toronto. On October 2 the two women were arrested by Ontario Police. Both are facing charges including fraud over $5000, possession of property obtained by crime, false pretenses...
University of Calgary Scientist David Keith Cracks Carbon Capture Conundrum
A University of Calgary research team has developed a new method for extracting carbon dioxide (CO2) directly from the air — a fundamental shift in carbon capture technology enabling capture of the most common greenhouse gas from so-called diffuse sources like aircraft, trucks and automobiles that represent half of the...
George Bush: Rescue Plan Will Get Through
George W. Bush vowed to get the USD 700 billion economic rescue plan through congress in a statement to the media made today. "Yesterday, the House of Representatives voted on a financial rescue plan that had been negotiated by Congressional leaders of both parties and my administration," Bush reminded the audience. "Unfortunately,...
Predicting Winter Weather
The second official day of fall brought a first look at winter through the Rossland Range as the freezing level dropped below 1500 meters, bringing a light blanket of snow to the hills around town. Rossland awoke enveloped in fog Tuesday morning, but anyone up early enough to head towards Nancy Green Pass got above the valley...
Pakistani, United States Troops in Gun Battle
Thursday, September 25, 2008 According to media reports, ground troops with the Pakistani army exchanged gunfire with troops from the United States after Pakistani troop fired at two American OH-58 Kiowa helicopters on a patrol mission inside Afghanistan. Also included in the patrol were Afghan border police. The helicopters...
School Shooting in Kauhajoki, Finland Kills Eleven
At approximately 11:00 a.m. Finnish time, a man in his twenties entered the Kauhajoen koti- ja laitostalousoppilaitos vocational school in Kauhajoki, Finland with a gun and began to open fire, killing 11 people. The man identified as Matti Juhani Saari, 22, was wearing a mask when he entered the school. Reports say he was a...
American War Deserter Given Stay of Deportation in Canada
From Wikinews An American soldier who served in Afghanistan, Jeremy Hinzman was granted a surprise stay of deportation by the Federal Court of Canada one day before he was scheduled to be sent back to face trial for desertion in the United States. The move has put the issue of American deserters who fled to Canada following...
