Archive for ‘November, 2008’

Mittal poorer by $50 bn due to decline in share value

Mittal poorer by $50 bn due to decline in share value

The global financial meltdown has erased $50 from NRI steel tycoon Lakshmi Mittal due to decline in the value of the shares he hold in  the ArcelorMittal, , a leading economic daily has claimed. Mittal owns 45 percent in the world largest steel company ArcelorMittal, has seen his personal sharedholding fall since late June from [...]

Pakistan rocked by Quake, 170 dead

Pakistan rocked by Quake, 170 dead

More than 170 people have been reported to be killed and hundreds injured when a strong earthquake shook Pakistan’s impoverished southwestern Baluchistan early on Wednesday, destroying hundreds of mud houses that left 15,000 homeless. Two tremors hit parts of Balochistan, the country’s most backward province, before dawn when people were asleep. The devastation was caused [...]

British PM to visit middle East seeking bailout funds

British PM to visit middle East seeking bailout funds

The British premier has requested the Middle East and China to use their state held reserve money to boost the International Monetary Fund (IMF) after it has gone into a crisis for providing emergency loans to Iceland, Hungary and the Ukraine worth more than $30 billion. Gordon Brown, the British Prime Minister will arrive in [...]

Government to Tackle Raj Thackeray

Government to Tackle Raj Thackeray

Government to Tackle Raj Thackeray

The Inauguration of Barack Obama

The Inauguration of Barack Obama

Pictures of Bush leaving White house

Pictures of Bush leaving White house