Dollar falls on credit worries, rising oil prices

Saturday, July 12th, 2008

The dollar fell against major currencies on Friday as credit worries continued and oil prices hit new record. Fears that the U.S. government may be forced to rescue government-sponsored mortgage lenders Fannie Mae and Freddie Mac ap ...

Crude prices top $147 for first time

Saturday, July 12th, 2008

Crude prices topped 147 U.S. dollar a barrel Friday on tensions in the Middle East and unrest in Nigeria. Light, sweet crude for August delivery soared 5.6 dollars to 147.25 on the New York Mercantile Exchange. Source:X ...

Two policemen wounded in Jerusalem shooting attack

Saturday, July 12th, 2008

Two policemen were wounded in a shooting attack late Friday night at an entrance to Jerusalem's Old City, local daily Ha'aretz reported Saturday on its website, citing Israeli officials. One of the victims was seriously wounded and ...

Brazilian police search house of mining billionaire

Saturday, July 12th, 2008

Brazilian Federal Police searched the home and offices of the country's mining billionaire Eike Batista on Friday for evidence of suspected fraud and tax evasion. In an operation code-named Midas Touch, the federal police were inves ...

MEP: investigations against Colombian politicians could impede peace

Saturday, July 12th, 2008

Left-leaning Spanish member of the European Parliament (MEP) Willy Meyer Friday said his fellow MEPs sympathized with a group of Colombian politicians who are being investigated for links with armed groups. The vice chairman of the ...

Beltran arrested for EPO positive during Tour de France

Saturday, July 12th, 2008

Spaniard Manuel Beltran of the Liquigas team had tested positive for EPO on the Tour de France and was arrested by French police on Friday, announced organizers of Tour de France. Beltran's positive test, which is the first in this ...

Victoria Beckham’s men line collection shelved

Saturday, July 12th, 2008

Victoria Beckham's plans for a men's range in her dVb collection have reportedly been shelved. The former Spice Girls star was expecting to launch her male line this autumn, but has had to scrap the plan after retailers proved unwilling to ...

British sex tourists to face prosecution at home

Saturday, July 12th, 2008

British paedophiles who abuse children in foreign countries will face prosecution at home as a new law comes into force next week. The law will allow police to bring charges against "sex tourists" even if their activities were legal ...