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Friday, February 10, 2012 Standard & Poor’s downgraded Egypt’s currency rating for the second time in four months based on the country’s shorfall in foreign reserves and shaky political transition. It’s the latest development for a nation facing mounting economic diffuclties. Egypt’s foreign reserves fell by over 50 percent last year to about US$16 billion. Egypt has requested US$3.2 billion from the International Monetary Fund to bolster its reserves and prevent a devalation but thatContinue reading

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Monday, December 3, 2007 The caretaker prime minister of Belgium, Guy Verhofstadt, reappeared on the political stage today as he accepted the royal request to suggest solutions to the ongoing federal government formation talks. Recollecting his statement to the press on June 10, 2007, when he recognised his electoral loss and the victory of his opponent Yves Leterme, he told reporters today that he “hadn’t thought nor hoped to face you once more, but theContinue reading

Wednesday, April 9, 2014 One of Australia’s most famous swimming Olympians, Stephanie Rice, 25, announced her retirement earlier today. The swimmer addressed the Australian public in a video. Here she thanked everyone that has supported her and reflected back on her Olympic career, “It’s sad, I definitely feel like I’m losing a part of myself, but I’m really excited about what’s about to come.” After several shoulder operations in the lead up to the 2012Continue reading

Wednesday, October 28, 2009 Pakistani officials have said that at least 100 people were killed and over 200 injured after a car bomb exploded in a marketplace in the city of Peshawar on Wednesday. The attack was the deadliest in the country in this year. Initially, large fires were reported to be burning around the marketplace, which was crowded with people. The flames spread easily because there were many stores in the area selling flammableContinue reading

Friday, August 7, 2009 Five activists have installed themselves on the rooftop of Vestas Wind System‘s Venture Quays factory in Cowes, Isle of Wight, England, in support of the Vestas employees. The five — four of whom are members of the Climate Camp which has set up in the Isle of Wight — scaled the Cowes plant, which is located about five miles (8 kilometres) north of Vestas’s main Isle of Wight plant in Newport,Continue reading

Friday, January 20, 2006 A recently created Danish clothing company is selling on the internet T-shirts in order to support the clandestine radio station of the Colombian guerrilla group Revolutionary Armed Forces of Colombia (FARC) and the graphical workshop of the Popular Front for the Liberation of Palestine (PFLP). In fact the money will be used by these groups to carry on their terrorist activities. FARC activities include kidnappings, masacres, bombs, extortions and the drugContinue reading

Wednesday, April 25, 2007 The Iranian police forces have faced criticism from Ayatollah Hashemi Shahrudi, the head of the judiciary who was appointed by Grand Ayatollah Ali Khamenei, for their re-invigorated campaign to do away with un-Islamic dress. Ayatollah Shahroudi proclaimed, “Tough measures on social problems will backfire and have counter-productive effects.” Others have, of course, made it clear that un-Islamic dress can lead to moral corruption, engender innumerable vices, and hurt the Islamic characterContinue reading