Like all other stock markets (mostly EU), weaknesses have been spotted in the financial sector of Spanish market as well, especially when the central bank of CajaSur got recently crippled by the overwhelming losses. As a result, The Central Bank – Bank of Spain announced that they are taking over Bank CajaSur to step on the management and new business model programs. They injected a sum of $690 Million,... 

A few days back, amidst the ongoing nuclear energy sanctions, Iran struck a deal pertaining to a nuclear swap program with its ally — Turkey. Despite of the warnings from members of the NPT conference, Iran still took this step but on the brighter side, President Ahmadinejad told the U.N Security Council that a formal notification will be made to the concerned authorities. The deal reached an... 

So far we’ve only been hearing those “so called” updates from BP, about the growing oil spill incident. This time, BP officials said that they are going to stuff mud into the affected areas of those pipes, under the surface. Wow, Mud eh? Well, looks like sooner or later, they are going to start stuffing golf balls, junk and unneeded household equipment as well. But let me assure you, BP, Halliburton... 

In 2002, former U.S. President, George W. Bush came to the U.S. Military Academy to set a security doctrine after the 9/11 incident. It was a time of peril and discomfort throughout the nation and during that time, President George Bush, did what he had to. However, almost after a gap of one decade, President Barack Obama took the same stage and setting to offer a revised vision and vowed that the... 

The U.S. authorities have just closed a criminal investigation related to one of the biggest financial implosions at the American International Group Inc. The Wall Street Journal said that during the past two years, no charges were filed against anyone. The investigation was directed towards Joseph Cassano, Andrew Forster and Tom Athan. Among these three suspects, Joseph Cassano used to lead the AIG’s... 

A father and a son were shot down recently for shooting two police officers in Arkansas this week. In addition, they were also accused of having ties with some anti-government groups. The 16-year-old Joseph Kane and his father, Jerry R. Kane (45) were killed, for shooting two police officers during a wild shootout. Now I don’t know whether it was the booze effect or both of them shot those officers... 

Its time for a little one-on-one round of the blame game, against people who ruined our ocean! Yes, I am talking about the recent oil spill issue that is still prevailing without any signs of an adequate solution to it. As per the standard operations procedure, the U.S. President Barack Obama said that there might be chances of future offshore drilling campaigns, IF and only IF — the authorities... 

An ill fated Air India flight was just making its last minute adjustments on the runway, midst landing procedure, when the plane got out of control and skidded off the runway — into a nearby pond, besides the Mangalore airport. Out of 160 passengers, only 8 people survived on the spot, but later on, a seven year old boy, who was among the survivors, lost his life in the hospital. The pilot was... 

The U.N Security Council has been probing deep into the recent incident of South Korean ship sinking. It is believed that the North Koreans had something to do with it and if this thing is true then, it’d be a direct violation of the peace treaty between North and South Korea. Almost 11 countries are going to investigate this matter to find any evidence, which might lead them in determining the scope... 

In regards to the recent oil spill, British Petroleum, Transocean and Halliburton are making efforts to stop the leak. So far, none of these three companies have succeeded and they’re just trying to stop the leak, through trial and effort basis. Scientists are running their own show on the side, through analysis regarding the volume of oil that is being spilled on daily basis. Officials at BP, Transocean...