Three Forks wildfire under control
Saturday, July 26th, 2008A quickly-moving grass fire that burned 200 acres and placed about a dozen homes north of Three Forks in jeopardy Monday evening is no longer a threat.
Archive for July, 2008
A quickly-moving grass fire that burned 200 acres and placed about a dozen homes north of Three Forks in jeopardy Monday evening is no longer a threat.
Bangkok gold price surges to record high amid Mideast tension, weaker dollars
Monday, July 14th, 2008Gold price in Bangkok, one of the major gold market in Southeast Asia, has surged to a record high upon concerns over renewed Middle East tensions and the weakening U.S. dollar, Thai News Agency quoted an industry executive as saying Monda ...
Zambia’s sole petroleum refinery runs out of crude oil feed stock
Monday, July 14th, 2008Zambia's sole petroleum refinery, INDENI Petroleum Refinery, has stopped producing petroleum products after running out of crude oil feed stock, according to Zambia Daily Mail. But the government has assured the nation that there is ...
IndyMac Bank to reopen on Monday
Monday, July 14th, 2008IndyMac Bank, the largest bank in California ever to be taken over by regulators, will reopen on Monday as IndyMac Federal Bank, and will be "as safe and sound a bank as any in the country," the bank's new CEO said Sunday. IndyMac, ...
U.S. mortgage giants Fannie, Freddie bolstered by gov’t
Monday, July 14th, 2008Secretary of the Treasury Henry Paulson announces that the U.S. Treasury Department and Federal Reserve will lend money and buy stocks if necessary to aid embattl ...
S Korean central bank reaffirms policy focus on inflation
Monday, July 14th, 2008South Korea's central bank reemphasized Monday that fighting for inflation will continue to be its main concern in the second-half of this year to put out fueling speculation of a rate increase soon. "Of slow growth, rising consumer ...
Brazilian industry revises down growth forecast for 2008
Monday, July 14th, 2008Brazil's national federation of industry has lowered its forecast for the country's economic growth this year from 5.0 percent to 4.7 percent, local media reported Sunday. Due to surging food prices around the world, Brazil's inflat ...
Dominican president: speculators to blame for soaring oil price
Monday, July 14th, 2008Speculation and oil contracts for the future are the major causes of the current oil price hike, Dominican Republic President Leonel Fernandez said Sunday at the 5th PetroCaribe summit. Fernandez said that currently there are 860,00 ...