Entries from February 2009

Financial stocks are flat on market

February 19th, 2009 by Deepak Sharma | No Comments »

Financial stocks are flat on market

The financial stocks in U.S. market stayed at a low level as the investors are expecting that the government to plan to nationalize some of the biggest banks of the country to stabilize the fiancé market.

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U.S. attorney general calls Americans ‘coward on race issue’

February 19th, 2009 by Ankit | No Comments »

U.S. attorney general calls Americans ‘coward on race issue’

The Attorney General Eric Holder in United States on Wednesday made a comment on the issue of race and said the country was essentially ‘a nation of cowards’ as it failed to discuss the race issue openly.

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Switzerland’s largest bank will disclose names of account holders

February 19th, 2009 by Deepak Sharma | No Comments »

Switzerland’s largest bank will disclose names of account holders

The largest bank of Switzerland UBS will disclose the names of the account holder to prevent prosecution from American authorities who are charging the bank of helping high tax payers of the country.

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Obama on foreign trip to Canada

February 19th, 2009 by Ankit | No Comments »

Obama on foreign trip to Canada

U.S. president Barack Obama went on his first foreign trip as president to Canada to reinforce business relationship with the country. Obama will meet Prime Minister Stephen Harper to promote his agenda “Buy America’s. “

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New York Post monkey cartoon resembles Obama

February 19th, 2009 by Deepak Sharma | No Comments »

New York Post monkey cartoon resembles Obama

Many feel that the post indicated that the stimulus package could have been sanctioned by anybody even a monkey but the cartoon of two cops with smoking pistol standing over a bullet riddled monkey ,is getting linked to Obama.

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Indonesia seeks currency swap to solve economic crisis

February 19th, 2009 by Abhishek Rao | No Comments »

Indonesia seeks currency swap to solve economic crisis

Indonesia has been seeking financial help from countries like Japan, China and South Korea and it offered a currency swap agreement to the U.S. government to improve the rates for its currency Rupaih.

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Defense secretary to ask NATO to provide security in Afghan elections

February 19th, 2009 by Abhishek Rao | No Comments »

Defense secretary to ask NATO to provide security in Afghan elections

The defense secretary Robert Gates announced on Wednesday that he will ask for more troops from NATO allies to deploy the armed men to provide security to people during the provincial and presidential elections that will be held in the month of August in Afghanistan.

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What is the connection between tax cuts and economic recession?

February 19th, 2009 by Deepak Sharma | No Comments »

What is the connection between tax cuts and economic recession?

As per the research paper released by top fed economist Gauti Eggertsson “tax cuts can deepen recession. “The reports considered mainly the sales and labor taxes. The economist reported that the government plans to increase production will be of no use when the demand of products [...]

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Associated Press movie writers agree on most of the picks

February 18th, 2009 by Deepak Sharma | No Comments »

Associated Press movie writers agree on the picks

The Associated Press movie writers David Germain and Christy Lemire generally pick different names for Oscars and the nominations for best picture includes ‘The Curious Case of Benjamin Button,’ ‘Frost/Nixon,’ ‘Milk,’ ‘The Reader,’ ‘Slumdog Millionaire.’

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Coffee reduces heart strokes in woman

February 18th, 2009 by Deepak Sharma | No Comments »

Coffee reduces heart strokes in woman

Coffee consumption can be beneficial for women who are suffering from heart related problems like stroke, heart disease, cancer and diabetes because the researchers found that long term consumption of coffee can reduce stroke cases in women.

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