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Posts Tagged ‘collapse’

WikiLeaks: Israel kept Gaza on brink of collapse

Israel told U.S. officials in 2008 it would keep Gaza’s economy “on the brink of collapse” while avoiding a humanitarian crisis, WikiLeaks has revealed.

Israel’s actions have been widely criticized.

Metrodome Roof Collapse VIDEO

Video from inside the Metrodome of the roof collapsing during a snow storm The Sunday morning Fox NFL pregame show had some incredible video of the Minneapolis Metrodome roof collapsing earlier today. In the video you can see the collapse of the roof from video footage taken inside of the stadium. The Vikings have been [...]

No agreement on EU budget as talks collapse

A disappointed president of the EP, Jerzy Buzek, has pointed the finger of blame at a few member states as talks over the bloc’s 2011 budget collapsed. MEPs offered to drop their demand for an increase of just over six per cent and to back a 2.9 per cent budget hike. But they also wanted guarantees of a more equal say in future budget negotiations.

Sonia Gandhi meets East Delhi building collapse victims

Congress President Sonia Gandhi on Tuesday met survivors and relatives of those killed in the four-storey building that collapsed in East Delhi”s Lakshminagar area last night. Gandhi offered sympathy to the injured and their family members at Lok Nayak Jaiprakash Narayan Hospital, where 28 of the 130 wounded have been admitted. Earlier, Delhi Lieutenant Governor [...]

Govt. will punish guilty for East Delhi building collapse: Dikshit, Khanna

Delhi Lieutenant Governor Tejinder Khanna and Chief Minister Sheila Dikshit, who visited the site of the four-storey building that collapsed in East Delhi, said on Tuesday that strict action would be taken against those found guilty for the incident. Dikshit said people have been evacuated and the area would be surveyed to pinpoint more such [...]

Toll in Delhi building collapse rises to 64, rescue work still on

The toll in the East Delhi house collapse mounted to 64 this morning even as scores of rescue workers were working to pull out people still trapped inside the debris of the structure. The 15-year-old four-storey building, which had an illegal fifth floor under construction, came crashing down around 8.15 p.m. on Monday Till now [...]

Unions announce protests as talks collapse

The talks in Belgrade today between representatives of Serbia’s trade unions and the gathering have fallen through.
The provisions of draft changes to the Law on Pension and Disability Insurance remain a stumbling block.

Opposition leader: Collapse of state policy

Serb Progressive Party (SNS) leader Tomislav Nikolić says the ICJ Kosovo case opinion marked a complete breakdown of the state policy regarding the province. Nikolić, who heads the most popular opposition party that is neck-and-neck in the polls with the ruling Democrats (DS), told a news conference in Belgrade today that the consequences of this “collapse” should not burden the citizens and the state only, but also those who had been implementing that policy.

Pru deal near collapse as AIG snubs lower offer: Update 2

Prudential’s (PRU.L) bid for rival AIG’s (AIG.N) Asian unit appeared close to collapse after AIG rejected the British insurer’s lowered offer of US$30.38 billion ($42.6 billion) in cash and shares. 
 
The deal’s unravelling could cast doubt over the future of Prudential Chief Executive Tidjane Thiam less than a year after he took the top job. 

Read more…

72% of Democrats, 84% of Republicans and 80% of Independents Think the Economy Could Collapse

A new national telephone poll conducted by Opinion Dynamics Corp. for Fox News concludes:Most American voters believe it’s possible the nation’s economy could collapse, and majorities don’t think elected officials in Washington have ideas for fix…

Morocco minaret collapse kills at least 41

The number of people killed in the collapse of a mosque minaret in Morocco has risen to at least 41.
Nearly 80 others were injured in the accident during Friday prayers in the town of Meknes.

The collapse of TIBC: A mystery in the Gulf

The bizarre mechanics of a huge financial scandal

THE past two years have exposed plenty of untoward behaviour at the world’s financial institutions. But there has been nothing quite like the strange goings-on revealed in court documents filed in New York this month by one of Saudi Arabia’s most venerable business groups, the Ahmad Hamad Algosaibi & Brothers Company (AHAB).

From its roots in trading, farming and pearling, the Gosaibi family has since branched out, into shipping, property and finance among other things. Its Money Exchange division was set up in 1981 to handle migrants’ remittances from the kingdom. The group also owns a bank in Bahrain, the International Bank Corporation (TIBC), formed in 2002. …

Two killed in Indonesia building collapse: police

Two people were killed and 12 were injured when an illegal extension to a shopping mall collapsed in central Jakarta on Wednesday, police and officials said. Five construction workers were believed to be trapped beneath the rubble and rescuers were using heavy equipment and hand tools to try

Climate deal avoids collapse by a whisker

The UN climate talks avoided a total collapse yesterday by skirting bitter opposition from several nations to a deal championed by the US President Barack Obama and five emerging economies including China. “Finally we sealed a deal,” UN Secretary-General Ban Ki-moon said. “The ‘Copenhagen

One dead, two missing in Malaysia bridge collapse

One child drowned and two others were missing on Tuesday after a group of Malaysian schoolchildren plunged into a river when a suspension bridge they were crossing collapsed on Monday night, according to police. They were part of a group of nearly 300 pupils from several dozen primary

”It Has Got All the Hallmarks of a Financial Collapse about to Happen in America …The US Dollar Is Almost Becoming like Junk Bonds”

Guess who said the following:Far from turning around the [George] Bush legacy of deficits and debt, [US president Barack] Obama has made it worse. It has got all the hallmarks of a financial collapse about to happen in America… The US dollar is almos…

Krugman: Collapse in Trade Worse than the Great Depression

Paul Krugman told the New York Times:“When it comes to international trade, actually it’s not the Great Depression, it’s worse,” he said, presenting charts showing the decline in global trade activity falling much more steeply in the current do…

Nepal church building collapse kills at least 23

A church building collapsed during a Christian convention in eastern Nepal, killing at least 23 people and injuring dozens more, police said Wednesday. Around 1,500 Christians had gathered in the town of Dharan for the meeting when a makeshift three-storey structure built to accommodate

Nepal church building collapse kills at least 23

A church building collapsed during a Christian convention in eastern Nepal, killing at least 23 people and injuring dozens more, police said Wednesday. Around 1,500 Christians had gathered in the town of Dharan for the meeting when a makeshift three-storey structure built to accommodate

Hunt for survivors after deadly Indian chimney collapse

Rescuers were in a race against time Thursday to free dozens of workers trapped under rubble from a giant chimney that collapsed in central India, killing 20, officials said. “The death toll could rise. Our team is working very hard to rescue those alive,” senior government officer Ashok