December 2, 2008 News
Hillary Clinton named as Secretary of State.
Venice suffers worst flooding in 22 years.
Protests in Thailand have proven crushing for tourism, business and the economy where 100,000 tourists remain stranded.
December 1, 2008 News
Dubai property giant, Nakheel, is cutting 500 of its staff.
The Eurozone is ready for a triple rate cut (75 basis points).
Although the economic downturn is deepening in China, some state researchers say GDP may expand by 10% in 2009.
November 30, 2008 News
The last of the militants involved in the Mumbai bombings have been killed.
Thai protesters forced riot police to abandon a checkpoint on Saturday, tightening their grip on the country’s main airport.
Out-of-control Wal-Mart shoppers trampled a worker to death in New York when the doors opened at 5am Friday morning.
November 29, 2008 News
Scientists have cracked the mystery of how icebergs break off.
Scientists describe key genetic differences in cancer cells of children with acute leukemia and have discovered distinctive genetic changes occur in the cancer cells that trigger relapse in such patients.
Genes that drive metabolism have been found which may be useful for treating obesity.
Volkswagen (VW) is building a US$1 billion assembly plant in Tennessee in spite of hard times for the auto industry.
November 28, 2008 News
Terrorist attacks in Mumbai, India, claim the lives of 125 people.
Global oil demand is expected to decline slightly in 2008 and 2009.
More former executives of UBS bank are repaying past bonuses received.

