Saturday, August 13, 2011

Markets rise after short-selling ban

The markets rise after some EU countries ban short-selling but will it have a lasting effect?

Short-selling banned in parts of Europe

France, Italy, Spain and Belgium are banning short-selling of some stocks in an effort to calm the markets after another turbulent day.

Serial killer faces lethal injection

A serial killer in the US who hid the remains of 11 women in his home and garden in Ohio has been sentenced to death.

How an apple can explain short-selling

The BBC's Aaron Heselhurst explains short-selling through the medium of an apple.

50th anniversary of the Berlin Wall

As the 50th anniversary of the building of the Berlin Wall approaches, witnesses share their memories. Sunita Rappai reports.

Italy looks for answers

Italian Prime Minister Silvio Berlusconi has called an emergency cabinet meeting to adopt measures aimed at shoring up confidence in Italy's strained public finances.

Obama Address: Pressuring Congress to built new America

President Barack Obama is calling on frustrated voters to tell Congress they're sick of gridlock and partisanship and want to see compromise to boost the faltering economy...

Gov. Perry Announces Presidential Bid

Texas Gov. Rick Perry joined the 2012 GOP race for president Saturday with an announcement sure to reverberate halfway across the country as his rivals competed in Iowa for...

Cadaver liver transplant carried out in Lahore

The 12-hour long transplant was done on a 40-year-old patient from Sialkot. His condition is said to be stable
Doctors at the Shaikh Zayed Hospital carried out a successful cadaveric liver transplant on Friday.
The cadaveric liver (a liver from someone who has died) was donated by Mohammad Arsalan, a 16-year-old 10th class student of Muslim Town. He was admitted to the hospital with multiple injuries he had suffered in a road accident.

Floods in Punjab and Sindh, Badin declared calamity hit

A villager coming out from his flooded village in Badin. Huge rains, and breaches in different canals displaced thousands of people in Badin
Torrential rains filled all water streams in Punjab and posed a flood threat in the province while Badin district in Sindh was declared calamity hit on Saturday.
Chief Minister Sindh Syed Qaim Ali Shah after an aerial survey declared Badin district as calamity struck and ordered immediate help for the affected people.
Although Tharparkar and adjoining areas have received the heaviest rainfall in Sindh, Badin district has suffered the most.
A lage number of villages have been cut off from the out side world and hundreds of people marooned.
The continuous heavy downpour has adversely affected Kharif crops of cotton and paddy and washed away vegetables and fodder on thousands of acres in lower region of the province.
In Punjab, incessant rains brimmed Dek Nullah while high level flood is being feared in Ek Nullah near Daska.
Punjab Natural Disaster Management Authority director General (r) Khalid Sher said that 20,000 cusecs of water was flowing from Ek Nullah.
He said that emergency has been declared in Sialkot, Daska, Wazirabad and Khanki, a private news channel reported.
Many areas near Daska submerged after the banks of Ek Nullah wilted against water.
Villages in the outskirts of Dek Nullah were inundated. Kasur Rohi Nullah played havoc and flooded dozens of villages and hundreds of acres of agricultural land.