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Lehman Brothers' collapse rattled European markets just as the continent struggles to avoid recession and the US-spawned credit crisis shows no sign of ending.
While investors awaited the 158-year-old US investment bank's bankruptcy Monday, Germany's main stock index hit a nearly two-year low. The European Central Bank and the Bank of...
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British Prime Minister Gordon Brown on Wednesday joined French President Nicolas Sarkozy in calling for "a new Bretton Woods" to better regulate global financial markets and avoid future credit crunches.
"We urgently need what you might call the 'new Bretton Woods', so that we can restore confidence in the system while...
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As the old saying goes in France, plus ca change, plus c'est la meme chose.
Troubled Spanish giants are, this week, undergoing another wave of
profound changes, in an expensive bid to regain their stature as one of
the top clubs in La Liga and in Europe. Another old maxim could be applied to Valencia in the last few years:...
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 A study released today in the Journal of the American
Medical Association discovered that generally used hormone-blocking drugs in
the treatment for prostate cancer did not expand survival likelihood for men
over 65 with early-stage tumors and that in fact, it might be risky.
The analysis found that men who were given the...
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The federal Centers for Disease Control and Prevention
decided not to reassign the World
Trade Center
health czar, Dr. John Howard, as director of the National Institute for
Occupational Safety and Health.
The U.S. CDC executive, Julie Gerberding, met the official
who has managed health programs for ground zero members of staff...
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Saturday, May 17, shortly after 4 p.m., Battery Park City.
Out of a sudden, a 30-inch-square sheet of steel lands vertically in the middle
of the outfield where children in the Little League were playing baseball.
The sheet of steel flew from the 18th story of the Goldman
Sachs building from an outdoor work elevator. It belonged...
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 George Lucas' "Star Wars" franchise, after already using a lot of computer generated imagery, will soon present an animated version.
“Star Wars:
The Clone Wars,” will open in theatres on Aug. 15, and will be followed by a
cartoons series on Cartoon Network and TNT.
"I felt there were a lot more `Star Wars'...
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 A caretaker was bit by a tiger at the US animal sanctuary
that is run by actress Tippi Hedren and is now hospitalized, receiving medical
care.
Chriss Orr was cleaning the cage of a four-year old tiger at
the Shambala Preserve, when suddenly the tiger jumped at him and bit his neck.
Orr was immediately flown to an undisclosed...
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 India has successfully launched
yesterday a new satellite that is expected to boost digital communications in
this country. Insat-4CR represents the latest such communication satellite India has
launched into orbit and the services it is expected to boost are related to new
communication high technology. Insat-4CR, which is expected...
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 India's largest conglomerate, Tata Group, may be interested in acquiring American car giants Land Rover and Jaguar. “I don’t think it will be fair to comment on this but we certainly have an interest in the deal," said Ratan Tata, the group's chairman. "It is to get ourselves the kind of scales and think big... to give...
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 During the summit of Shanghai Cooperation Organization (SCO), the Iranian President Mahmoud
Ahmadinejad raised and condemned the US strategic plans of settling missile
defense bases in Eastern Europe, suggesting that this would be a means of
threatening countries that oppose US influence.
Russia also objected fiercely against the...
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China's agriculture ministry on Tuesday launched measures designed to rein in "out of control" milk purchasing depots, after at least 53,000 infants fell ill from drinking powdered milk tainted with the chemical melamine.
The ministry issued a notice requiring all milk dealers to register with the government and ordering...
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 The first shipment of heavy oil arrived Saturday from South Korea in North and along with it so did the team of specialists from the International Atomic Energy Agency (IAEA) designated to monitor the shutdown of Yongbyon’s reactor.Officials from both Seoul and Pyongyang confirmed the arrival of 6,200 tons of fuel in the Songbong port on...
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| Currency |
USD |
EUR |
GBP |
YEN |
| USD |
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0.727 |
0.653 |
91.283 |
| EUR |
1.375 |
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0.898 |
125.509 |
| GBP |
1.531 |
1.114 |
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139.781 |
| YEN |
0.011 |
0.008 |
0.007 |
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