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.

Friday, August 12, 2011

In wake of riots, British PM proposes social media ban


Suspected rioter David O'Neill leaves court Thursday in London after posting bail on charges, including aggravated violence.
Suspected rioter David O'Neill leaves court Thursday in London after posting bail on charges, including aggravated violence.


STORY HIGHLIGHTS
  • British PM David Cameron says "free flow of information" can be "used for ill"
  • In wake of UK riots, Cameron says he's considering blocking Facebook, Twitter for some
  • Free-speech advocates say Cameron's words could have "frightening consequences"
 British Prime Minister David Cameron thinks he's found some culprits to blame in the recent riots that have rocked London and other cities -- Facebook and Twitter.

Four US diplomats denied entry into Peshawar





Four officials from US Embassy, Islamabad were sent back to Islamabad when they tried to enter in Peshawar city without holding NOC and incomplete documents.
According to a private TV channel, after the 2nd May incident a vigilant security check has been kept on the movement of US diplomats. On Wednesday morning, four US diplomats including Denis Wynne, Wilmer Case and Joseph Edward, attempted to enter Peshawar by two vehicles bearing numbers PB-491 and SV-406, however police officials at Peshawar Motorway Toll Plaza stopped them and asked for their NOC.
Upon the inquiry of police officials, all the four US diplomats were sent back to Islamabad, as they did not hold the required documents for traveling
.

Saleem Shahzad case: APNS, HRW presidents record statements

Pakistan's All Pakistan Newspapers Society (APNS) president Hameed Haroon and Pakistan director of the Human Rights Watch (HRW) Ali Dayan Hassan appeared on Wednesday before a judicial commission investigating the murder of journalist Syed Saleem Shahzad.

The emails in which the deceased had expressed concern over threats to his life had been found to be correct, president of the Pakistan Federal Union of Journalists (PFUJ) Pervez Shaukat said while talking to reporters after the commission’s proceedings held at the Lahore registry of the Supreme Court.He said the commission would take some time to complete its investigation because several senior journalists who were to appear before it were not in the country.

Thursday, August 11, 2011

BlackBerry messenger - tool of the rioters?



 As the riots spread across the UK, the technology facilitating the coordination of the violent attacks has come under the spotlight. BlackBerry handsets, popular with teenagers due to their low cost and free, fast instant messaging system are believed to have played a vital role in the planning of the

China's First Aircraft Carrier Starts Sea Trials

China's first aircraft carrier started sea trials Wednesday, amid worry of neighbor Taiwan and general concerns about the Asian giant's military ambitions.

Tuesday, August 9, 2011

Fires Rage As London Riots Continue

In a third day of rioting in London, police have clashed with groups of youths in one part of the city, and vehicles and buildings have been set on fire in two other deprived neighborhoods
 

Rioting has now spread across London


 

Police in Britain's capital are facing a third night of rioting as skirmishes broke out between police and hooded youths in the boroughs of Hackney and Lewisham. Politicians and community leaders have condemned what has been called "opportunistic criminality" amid warnings of more widespread violence on London's streets. The scenes in Hackney echoed those in other areas of London over the weekend, with the fighting reportedly prompted by a stop and search incident earlier in the day. Rioters, many wearing hoods and masks, were confronted by police lines spanning the width of streets, occasionally moving forward to push the groups back. Officers dressed in riot gear came under fire from objects including chairs and pieces of wood. At one point several people broke into the back of a stationary lorry, pulling its contents out on to the road, with some hurling missiles at police and others smashing the windows of a bus. Meanwhile, a bus in Peckham, south London, was set on fire, a Transport for London spokeswoman has confirmed, while footage showed a trail of bins and an abandoned vehicle ablaze in nearby Lewisham. More than 100 people were arrested overnight and early on Monday morning after boroughs in north, south and east London fell victim to copycat rampages following trouble in Tottenham on Saturday.

Riots spread through UK cities

An injured man is removed from an electronic shop in handcuffs into an ambulance after being arrested for looting, in south London, Monday, Aug. 8, 2011.

LONDON: Violence and looting raged across London and spread to three other major British cities on Tuesday, as authorities struggled to contain the country’s most serious unrest since race riots set the capital ablaze in the 1980s.
In London, a third straight night of disorder saw buildings, vehicles and garbage dumps set alight, stores looted and police officers pelted with bottles and fireworks, as groups of young people rampaged through neighborhoods. It was an unwelcome reminder of London’s volatility for leaders organizing the 2012 Summer Olympics in less than a year.

Monday, August 8, 2011

Police launch investigation into riots



Police launch investigation into riots


Police launch investigation into riots A "major investigation" into the Tottenham riots has been launched, after Scotland Yard confirmed

Deadliest U.S day in Afghanistan



Saturday was the deadliest day for the U.S. day in Afghanistan.

Sunday, August 7, 2011

S&P Explains Rating Downgrade

John Chambers, the ratings head for S&P, explains why the company downgraded the U.S. credit rating from AAA to AA+.

Obama: On Economy, 'Things Will Get Better'

President Barack Obama is welcoming the latest jobs report as encouraging, saying 'things will get better.' At the same time, Obama says the economy isn't producing enough...