Saturday, February 27, 2010
AIG posts quarterly loss of $8.9 billion.
American International Group on Friday posted a fourth-quarter loss of $8.9 billion, or $65.51 per share, as the company sold large stakes in its insurance businesses in an effort to whittle down its massive debt to taxpayers...Link
New Reserve Currency.
Dominique Strauss-Kahn, the head of the International Monetary Fund, suggested Friday the organization might one day be called on to provide countries with a global reserve currency that would serve as an alternative to the U.S. dollar. "That day has not yet come, but I think it is intellectually healthy to explore these kinds of ideas now," he said in a speech on the future mandate of the 186-nation Washington-based lending organization. Strauss-Kahn said such an asset could be similar to but distinctly different from the IMF's special drawing rights, or SDRs, the accounting unit that countries use to hold funds within the IMF. It is based on a basket of major currencies...Link
Friday, February 26, 2010
| The Daily Show With Jon Stewart | Mon - Thurs 11p / 10c | |||
| ||||
Weird.
The exact length of Tran Van Hay's unwashed hair was unclear but some estimates put it as long as 6.8 metres. China's Xie Qiuping is on record as having the world's longest hair, measured at 5.6 metres in 2004, according to the Guinness World Records. Hay began to let his hair grow more than 50 years ago because he often got sick after a haircut, the Vietnam News quoted his wife, Nguyen Thi Hoa, as saying. Media reports said he lived a simple life as a herbalist, but his hair could complicate things. Reports said no motorcycle taxi would carry him because he could not wear a helmet. In the daytime he balanced his hair on his head like a basket, protected by a scarf. Hay, whose hair weighed several pounds, died at home Wednesday in the southern province of Kien Giang at the age of 79, Vietnam News said...Link
Thursday, February 25, 2010
| The Daily Show With Jon Stewart | Mon - Thurs 11p / 10c | |||
| ||||
Jail for photographing police?........
The relationship between photographers and police could worsen next month when new laws are introduced that allow for the arrest - and imprisonment - of anyone who takes pictures of officers 'likely to be useful to a person committing or preparing an act of terrorism'. Set to become law on 16 February, the Counter-Terrorism Act 2008 amends the Terrorism Act 2000 regarding offences relating to information about members of armed forces, a member of the intelligence services, or a police officer...Link
Subscribe to:
Posts (Atom)
