Asian stock markets plummeted on Tuesday as the collapse of Lehman Brothers and takeover of Merrill Lynch spurred fears of an imminent global financial crisis. European markets extended losses in early trading after falling sharply on Monday. Tokyo’s Nikkei 225 index sank nearly 5 percent to 11,609.72, its lowest close since July 2005, while Hong […]
Lehman says it will file for bankruptcy
End of an era on the Wall Street! Lehman Brothers, one of the most respected investment banking firm says, it will file for bankruptcy. Lehman was looking for buyers last week, after it has announced a 4 billion loss owing to its bad bets on real estate. Bank of America and Barclays, who were considered […]
Caged
He was sitting in a small cell hiding his head under his knees, a police man was standing alert at the end of the long gallery; each side of gallery had number of small adjacent cells, each containing at least one human being caged in, the stink of cheap cigarettes, dirty clothes and human refuse […]
Father, Teenage Daughter Dead in Possible Acapulco Revenge Killing
Investigators suspect the shooting of 14-year-old Briseida Salas Cebrero and her father, Fernando Salas Cortés, 38, in a Cuauhtémoc Ave. hardware store in Acapulco, Mexico on Aug. 11 was a revenge killing. They are connecting it to the July 1997 kidnapping, torture and death of a woman, Concepcion Aguirre, who died even though a ransom […]
Pornography Culture in Bangladesh
For last few years an unpleasant and unusual pornographic culture is reigning over the so called conservative Asian countries. Like the all other countries Bangladesh is not so far behind the others. Don’t know is it a new trend of entertainment or a devastating plague in our social system just to follow the pornography culture […]
Nangarhar Elders Demand Retribution for US Air Strike
Tribal leaders demand justice following an air raid they say wiped out a wedding party. By Ezatullah Zawab in Nangarhar and Hafizullah Gardesh in Kabul “Karzai should hand over the murderers so that we can hang them, or else he should resign,” said Rai Khan, shaking with anger. “If he does not do one or […]
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