Reports on the possible agreement to avert the fiscal cliff have resulted to a strong close at the US stock market. The year ended with the S&P 500 higher by 13.4 percent, which is its highest annual close since 2009. Shares at the US stock market have gone up and down depending on reports coming […]
The unidentified 23 year old young woman who was gang raped in a New Delhi mass transport unit died this Saturday in the Singapore Hospital where she was sent for treatment. Her condition was severe, suffering grave internal damage and brain injury during her attack. She was attacked on the 16th of December on a […]
A law that supports an adoption ban of Russian children by Americans has been signed by President Vladimir Putin, who earlier made an appeal on the patriotism of the people on television. He gave his support for a bill that will increase pressure in the relationship between Russia and the US. The final approval of […]
The Islamic Republic News Agency recently reported that a six-day military exercise was being conducted by the Iranian naval forces along the Strait of Hormuz. Habibollah Sayari, the Iranian Naval Commander, said that the military exercises intend to show the readiness of the Iranian naval forces in defending the waterways of the country as well […]
General H Norman Schwarzkopf died this Thursday in Tampa, Fla. at the age of 78 from a complicated case of pneumonia. “Stormin’ Norman” as his nickname was during his service as Desert Storm commander, a nickname he earned through his no-nonsense, serious behavior; especially with his subordinates was something he didn’t quite enjoy. Those who knew him […]
Major General Abdul-Aziz Jassem al-Shallal, is one of the most important figures that has left the Syrian army. As head of the Syrian Military police General Jassem al-Shallal’s defection is a clear sign of the difficulty forces loyal to the present president Bashar al-Assad are in.It is also a sign of growing problems among senior […]
Media reports in Japan revealed that F15 fighters were dispatched by Japan after they detected a marine surveillance plane from China in contested airspace close to disputed East China Sea islands. Due to this incident, China has indicated that it is already on alert. Hua Chunying, spokeswoman for the Chinese Foreign Ministry, revealed that Beijing […]
Egyptians voted in large numbers in favor of the controversial Constitution drafted by Egypt President Mohamed Mursi. Results seen this Tuesday have shown that the Islamist power in Egypt is basically unstoppable. The final figures of the referendum have shown that the constitution passed with a 63.8 percent total. This marks the third consecutive electoral […]
The NYSE Euronext was sued recently by a pension fund due to its planned sale to the IntercontinentalExchange Inc. The New Jersey Carpenters Pension Fund, which holds shares in the NYSE Euronext, indicated that the stocks of the company were undervalued by the deal. The complaint was filed by the pension fund at the Supreme […]
With the “fiscal cliff” coming in nine days, more concerns have started to emerge on the possible increases in taxes and cuts in spending if no agreement is reached. There will be no discussions on possible solutions to the problem between President Barack Obama and Speaker John Boehner during the holidays since both leaders are […]
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