Entries from February 2008

Insurance company AIG reports losses

February 29th, 2008 by Abhishek Rao | No Comments »

Insurance company AIG reports losses

One of the world’s biggest insurance company AIG group Inc. registered losses in the current fiscal year and for the first time in the history of the 89 year old company the company made losses to the extend. The AIG stocks went down by 3.8% after the reports of […]

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New and small banks may close down in US

February 29th, 2008 by Abhishek Rao | No Comments »

New and small banks may close down in US

The small and new banks are at a risk to get closed down and this was predicted by the Fed chairman Ben -Bernanke who had been addressing the Senate banking committee during the biannual testimony. The financials index of Standard & Poor’s went down by 3% […]

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Nader’s bid for election is termed dreamy

February 29th, 2008 by Abhishek Rao | No Comments »

Nader’s bid for election is termed dreamy

The independent candidate in the Presidential race Ralph Nader has been termed spoiler by many but former San Francisco Supervisor Matt Gonzalez joined him as running mate and defended his stand saying that the parties are not agreeing to solve problems through election reforms.
Gonzalez is a consumer lawyer […]

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Explosion injures 8 people

February 29th, 2008 by Abhishek Rao | No Comments »

Explosion injures 8 people

An explosion occurred in a Mall in Waukegan strip and 8 people got seriously injured after the explosion. The reason behind the explosion is still not clear but after the explosion the walls of the Tuxedo World and Cleopatra’s Hair Salon collapsed.
Firefighter tried to rescue people and said that the […]

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Coalition deal finalized in Kenya

February 29th, 2008 by Abhishek Rao | No Comments »

Coalition deal finalized in Kenya

The Kenyan government finalized the coalition deal with the opposition party. The country has been facing riots by the opposition party supporters from almost two months after the results of the last assembly elections was declared and about thousand Kenyan people were reported to have got killed by the rioting […]

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Air-strikes conducted by Israel on Gaza strip

February 29th, 2008 by Abhishek Rao | No Comments »

Air-strikes conducted by Israel on Gaza strip

Israel made air strikes on Gaza on Friday and the strikes resulted in killings of about 29 Palestinians. The air strikes were aimed at the rocket production plant in Gaza strip. A total of 22 attacks were made by Israeli troops and about 116 rockets were fired in […]

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Michael Jackson to loose property in California

February 28th, 2008 by Deepak Sharma | No Comments »

Michael Jackson to loose property in California

The Neverland Valley farmland that is the 2,800-acre farmland on the foothills close to the coast of California owned by the famous pop star Michael Jackson will be seized by the U.S. officials if the pop star is unable to pay an amount of $25 million as per the […]

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Movie Review - Semi Pro

February 28th, 2008 by Deepak Sharma | No Comments »

Movie Review - Semi Pro

Will Ferrell is performing in many sports based comedies and that too mostly on Basketball. Earlier Ferrell was noticed in the basketball flicks “Talladega Nights,” and “Blades of Glory” and the new one “Semi Pro “is about an American Basketball Association player called Jackie Moon.

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Congressional committee to investigate Clemens disagreement

February 28th, 2008 by Deepak Sharma | No Comments »

Congressional committee to investigate Clemens disagreement

The Congressional committee was not convinced after the five hour hearing on Feb 13 over the use of performance enhancement drugs by baseball player Roger Clemens who has been constantly denying the use of the drugs while he was playing the game in 1999, 2000 and 2001 seasons.

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Open-Wheel racing trying to come back

February 28th, 2008 by Deepak Sharma | No Comments »

Open-Wheel racing trying to come back
The merger of the two open wheel companies held by Tony George and Kevin Kalkhoven on Wednesday can open a new text for Open-Wheel races that was out of the racing scene from the last 12 years.

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