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Wednesday March 18, 2009

News

Glimmer of hope for Labour as unemployment hits 2m

On the day that unemployment in the UK is expected to break the 2m barrier a poll has revealed that Labour could still win the next general election if the economy is showing signs of recovery by the time the country votes. The Guardian poll gives the Conservatives (42... [continued]

Josef Fritzl pleads guilty to murder

Josef Fritzl, who imprisoned his daughter in a dungeon below his home in Austria for 24 years and and fathered seven children by her, has dramatically pleaded guilty to all charges against him midway through his trial. He had already admitted rape, incest, coercion and false imprisonment but had... [continued]

Josef Fritzl in court in Austria

Senator calls for AIG suicides

US Treasury Secretary Timothy Geithner has told stricken insurance firm AIG that the $165m it paid out in bonuses to staff last week will be deducted from its next government bail-out after a Republican senator suggested bankers should kill themselves, as the row over bonus payments increases. President Barack... [continued]

Rajoelina to lead Madagascar

The military in Madagascar has handed power to opposition leader Andry Rajoelina after storming the palace of former president Marc Ravalomanana. The transfer of power comes after weeks of political violence on the Indian Ocean island. The army rejected the president's attempt to pass control of the nation to... [continued]

Turner banking overhaul awaited

Lord Turner, the chairman of the Financial Services Authority is to unveil his review and recommendations of the UK banking system to ensure the financial crisis is not repeated. The City watchdog will put forward new rules on lending and seek to restrict banks' ability to take excessive... [continued]

Pope comments anger Aids workers

Aids campaigners have reacted with dismay to comments by the Pope during his  visit to Africa that condoms were not the solution to the epidemic sweeping the continent. In his first public comments on condom use, Pope Benedict XVI told reporters that Aids "cannot be overcome by distributing condoms... [continued]

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