Category Archives: Danger

Obama’s Nuclear Plans suffer setbacks

US Preseident, Barack Obama’s hopes of reshaping US foreign policy stand on the brink of failure tonight, after two of his most cherished initiatives, nuclear disarmament and better relations with Moscow, suffered major setbacks. According to a leaked NATO document … Continue reading

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UK offers help to bankrupt Ireland

While the UK is not part of the Euro currency, the Finance Chief in the new UK government has announced that the UK is ready to stand up and help it’s “closest neighbor” “We’re going to do what is in … Continue reading

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USA foreclosures set record in July…again

Home loan defaults continued at a record pace in July despite ongoing programs by government authorities at both federal and state level to avoid foreclosures. Home seizure activity jumped by 7 percent in July from just a month previously and … Continue reading

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Northern Rock loses $1.2bn in first half of 2009

British Bank, Northern Rock, has reported losses of more than $1.2Billion (UK£724 Million) for the first 6 months of 2009. This signals a worsening of the situation for the bank as it shows an increase of 24% over the loss … Continue reading

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Tsunami warning for New Zealand

A tsunami warning has been issued after an earthquake of 7.8 (on Richter Scale) off New Zealand’s western coast today. The epicenter of the earthquake was about 100 miles west of Invercargill on New Zealand’s South Island. The quake struck … Continue reading

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Coke Zero banned for having dangerous ingredient

The Venezuelan government have banned Coke Zero from sale in the country following the discovery that it contains a sweetner called sodium cyclamate. This artificial additive is banned in many countries including the USA. Why would a company of the … Continue reading

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Irish Prime Minister (Taoiseach) can now show leadership

Following the collapse overnight of talks between the government and an elite group of social ‘partners’ on measures required to bring the Irish economy back from the brink of bankruptcy, the Irish prime minister, Brian Cowen, will now have an … Continue reading

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US Airways plane crash-lands in Hudson river NY

A USAirways Airbus Jet has crash landed in the Hudson River in New York this afternoon. The plane with 146 passengers on board, stayed afloat in the water and the rescue of passengers is currently underway as I write (4:30pm EST) … Continue reading

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Death toll rises in Santa murders

The death toll from a shooting rampage in Los Angeles in which a man dressed as Santa entered the family home of his ex-wife and opened fire on guests rose to eight this morning according to Police. 45 year old Bruce Jeffrey … Continue reading

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Ireland Economy in free-fall, GNP falls 5%, is collapse looming?

While the global economy is enduring some of the greatest uncertainty in almost a century, the economy of the Republic of Ireland has been among the worst affected. The Irish Government today announced that the economy contracted by 5% up … Continue reading

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Woolworths is dead. All stores to close after Christmas

All Woolworths’ stores will shut by January 5th 2009, the company’s it was confirmed this morning. Administrators, Deloitte, said around 200 of the company’s 807 stores would close by December 27th, followed by a second batch of 200 on December … Continue reading

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Zimbabwe death toll increases from cholera epidemic

The death toll from the cholera outbreak in Zimbabwe soared to almost 800 people according to reports this morning. The spreading cholera, coupled with drastic food shortages, has highlighted the economic collapse of the southern African country and prompted renewed … Continue reading

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Ireland government recall all pork products. Bacon, ham, suasage, black pudding

The Irish government has tionight issued an emergency recall of all pork products. The recall covers all pigmeat products produced from Irish pork. They have also issued a warning to consumers to dispose of any pork products that they may … Continue reading

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UK to reduce VAT (Sales tax) to 15%

UK Chancellor of the Exchequer (Treasury Secretary) Alistair Darling is expected to reduce British sales tax or VAT from 17.5% to 15% in a move aimed at stimulating the faltering Uk economy. UK Prime Minister Gordon Brown will try to kickstart … Continue reading

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Citigroup (citibank) to go bust next?

Citigroup Inc lost more than 25% of its market value on Thursday amid growingfears over whether it has enough cash to withstand the billions of dollars of expected losses. The second-largest U.S. bank by assets is looking at its options … Continue reading

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