Acontinuing steep drop in home prices combined with rising unemployment
is powering a new wave of foreclosures. Unfortunately there´s
little evidence so far that the Obama administration´s
anti-foreclosure plan will be able to stop it. The plan offers
up to $75 billion in incentives to lenders to reduce loan payments
for troubled borrowers. Since it went into effect in March,
some 100,000 homeowners have been offered a modification...
TIANANMEN
Square is the spiritual heart of China, where people fly kites,
pose for photographs and gather on public holidays. It is also
the country´s political home; former leader Mao Zedong
proclaimed the communist victory from on top of the square´s
main gate in 1949. But the word Tiananmen also conjures up more
sinister images. It was in and around the square in 1989 that
Chinese troops brutally crushed a democracy movement.
Al Arabi Sports
Club completed a clean sweep of
all the three major volleyball
titles in Qatar again. The back-to-back
treble was accomplished at its
home court on Tuesday as it clinched
the Emir Cup...
The embassy
of Italy in Qatar held a function
at the Marriott Hotel on Tuesday
to celebrate the 53rd national
day of Italy. The Ambassador of
Italy to Qatar His Excellency
Andrea Ferrari...
Qatari bourse
main index jumped 177 points on
Tuesday led by nearly six percent
surge in the share price of Industries
Qatar. Extending the rally for
the third trading session.
Chile's baseline
blaster Fernando Gonzalez hammered
third seed Andy Murray out of
the French Open quarterfinals
6-3, 3-6, 6- 0, 6-4 on Tuesday,
firing 45 winner to sink the Scot.
Lady Gaga
is the the Biggest New Pop Star
of 2009. For a young woman who's
dressed like an alien empress,
Lady Gaga is acting strangely
human. She's curled up with her
exmodel boyfriend, Speedy..
The scorching sun notwithstanding, students from the Shafallah Center and staff and guests of the Ritz Carlton Doha shared some bonding moments of gardening activities on Tuesday. They planted trees, potted some indoor and outdoor saplings, and cultivated a grass area to beautify the new Shafallah Center annexe. Located at the West Bay area, the new centre will provide extension programmes to graduating students of Shafallah Center. The annexe will provide recreational activities and job development training.
Hamad Medical Corporation on Tuesday recognised its new batch of graduates for the Nursing Internship Programme and Patient Care Assistant Programme. About 66 nursing graduates from Qatar University and Highness Institute were conferred with certificates of recognition on the occasion for completing the eight-month long nursing internship programme at HMC. The training served as an orientation programme for the nursing graduates...
The members of the Tuesday Ladies Group on Tuesday put Ethiopia into the limelight during their meeting at Ramada Hotel. Through speaker, Kimberley Sheedy, who gave a speech themed, "Through His Eyes", where she explained to the ladies about hardships that some people living in Ethiopia undergo. She gave a brief history about how she has been assisting the needy in Ethiopia and her experience. This was the second time to give a speech about Ethiopia after the informative speech about Fistula.
Oil prices fell on Tuesday on profit-taking after optimism about a potential global economic recovery had sent them spiking to the highest levels this year, traders said. New York´s main futures contract, light sweet crude for delivery in July, fell 63 cents to 67.95 dollars a barrel. Brent North Sea crude for July delivery shed 51 cents to 67.46 dollars in London approaching the half-way stage. "It´s probably a natural sort of retreat after a very strong rally," said Jason Feer, vice president of energy market.
Morgan Stanley said on Tuesday it will raise $2.2 billion through a stock offering as part of a plan to satisfy preconditions for repaying a government loan it received last fall amid the deepening credit crisis. The government has said that in order for a bank to repay the money it received under the Troubled Asset Relief Programme, it must be able to access public equity markets. Hundreds of banks received funds as part of the programme last fall as the government tried to bolster the stagnant credit.
Europe´s unemployment rate rose to the highest in almost 10 years in April as the worst global economic slump in more than six decades forced companies to cut jobs and spending. Unemployment in the 16-member euro region increased to 9.2 percent from 8.9 percent in March, the European Union statistics office in Luxembourg said today. That was the highest since September 1999 and exceeded the 9.1 percent rate expected by economists...
Ethiopian Haile Gebrselassie failed in an attempt to better his own world record for the one-hour run at the Hengelo Grand Prix on Monday. After setting four world records at previous meets in the eastern Dutch city, Gebrselassie, the current marathon world record holder, was undone by blustery conditions at the Fanny Blankers-Koen Games, part of the IAAF World Athletics Tour. The 36-year-old clocked up 20km, 822 metres, falling short of his record...
Real Madrid´s new coach Manuel Pellegrini will be under pressure to achieve some early success for new president Florentino Perez, who has promised to build the "best club of the 21st century." The Chilean, 55, a qualified civil engineer, replaced Juande Ramos on Monday as Real´s seventh manager in the past decade. He was named on the day that Perez, the inspiration behind the ´Galacticos´, began his second term in charge of Real, one of the the world´s most successful clubs but which finished last season.
Kobe Bryant is staring down the prospect of sharing the court with Superman again. Only this time, it´s Dwight Howard and not Shaquille O´Neal who´s wearing the cape that Bryant wants to tug on. Bryant and the Los Angeles Lakers will be trying to win their first NBA title without O´Neal when the finals open on Thursday against Howard and the Orlando Magic. They failed to do so last year, losing to Boston in a humiliating Game 6 defeat. O´Neal was traded after...
F ilm Pontyphool a small Canadian horror film that makes the most of its minuscule budget, is set almost entirely in the confines of a tiny radio station that operates from a church basement in rural Ontario. (The film´s title is also the name of the village that is home to the station, CLSY Radio.) Here, Grant Mazzy (Stephen McHattie), a growling talk-show cowboy who suggests a bottom-drawer Don Imus, holds forth each morning while swigging coffee.
Former Spice girl Victoria Beckham has been so shaken by the recent tremors in Los Angeles that she is taking lessons with her family in a simulator to learn how to deal with earthquake. Victoria and her husband- cum-soccer star David Beckham´s mansion is on the Newport- Inglewood Fault, a 47-mile rock fracture caused by shifts in the earth´s crust. The singer is now making her family take precautionary lessons to escape a future calamity, reports dailymail.co.uk. "Victoria and the boys had a lesson.
Film Love Aaj Kal, Saif Ali Khan´s maiden venture as producer that also stars Deepika Padukone, is like Test cricket and Twenty20 rolled into one. The makers of the film, about love across generations, have even tied up with the ICC T20 World Cup, says co-producer Dinesh Vijan. "Love Aaj Kal has major similarities with cricket. Like there is Test cricket and T20, the film too has love of two generations - love ´aaj´ and love ´kal´," said Vijan over telephone from Mumbai. "The story basically revolves around.
Kuwaiti lawmakers on Tuesday urged
the government to recall ambassador
from Baghdad in protest at “attacks” by
Iraqi MPs and demands to halt the
payment of reparations. “I think we
should recall the Kuwaiti ambassador
from Baghdad,” independent Islamist
MP Falah al Sawwagh said.
President Barack Obama voiced confidence
on Tuesday that the United
States can help get serious Middle East
peace talks back on track, as he prepared
for his maiden trip to the region.
In an interview with the BBC before
heading to Saudi Arabia, Egypt and
Europe, the US leader added that he
hoped for progress in direct talks with
Iran by the end of this year.
The scorching sun notwithstanding, students from the Shafallah Center and staff and guests of the Ritz Carlton Doha shared some bonding moments of gardening activities on Tuesday. They planted trees, potted some indoor and outdoor saplings, and cultivated a grass area to beautify the new Shafallah Center annexe. Located at the West Bay area, the new centre will provide extension programmes to graduating students of Shafallah Center. The annexe will provide recreational activities and job development training.
Hamad Medical Corporation on Tuesday recognised its new batch of graduates for the Nursing Internship Programme and Patient Care Assistant Programme. About 66 nursing graduates from Qatar University and Highness Institute were conferred with certificates of recognition on the occasion for completing the eight-month long nursing internship programme at HMC. The training served as an orientation programme for the nursing graduates... 
The members of the Tuesday Ladies Group on Tuesday put Ethiopia into the limelight during their meeting at Ramada Hotel. Through speaker, Kimberley Sheedy, who gave a speech themed, "Through His Eyes", where she explained to the ladies about hardships that some people living in Ethiopia undergo. She gave a brief history about how she has been assisting the needy in Ethiopia and her experience. This was the second time to give a speech about Ethiopia after the informative speech about Fistula.
Oil prices fell on Tuesday on profit-taking after optimism about a potential global economic recovery had sent them spiking to the highest levels this year, traders said. New York´s main futures contract, light sweet crude for delivery in July, fell 63 cents to 67.95 dollars a barrel. Brent North Sea crude for July delivery shed 51 cents to 67.46 dollars in London approaching the half-way stage. "It´s probably a natural sort of retreat after a very strong rally," said Jason Feer, vice president of energy market.
Morgan Stanley said on Tuesday it will raise $2.2 billion through a stock offering as part of a plan to satisfy preconditions for repaying a government loan it received last fall amid the deepening credit crisis. The government has said that in order for a bank to repay the money it received under the Troubled Asset Relief Programme, it must be able to access public equity markets. Hundreds of banks received funds as part of the programme last fall as the government tried to bolster the stagnant credit. 
Europe´s unemployment rate rose to the highest in almost 10 years in April as the worst global economic slump in more than six decades forced companies to cut jobs and spending. Unemployment in the 16-member euro region increased to 9.2 percent from 8.9 percent in March, the European Union statistics office in Luxembourg said today. That was the highest since September 1999 and exceeded the 9.1 percent rate expected by economists... 
Ethiopian Haile Gebrselassie failed in an attempt to better his own world record for the one-hour run at the Hengelo Grand Prix on Monday. After setting four world records at previous meets in the eastern Dutch city, Gebrselassie, the current marathon world record holder, was undone by blustery conditions at the Fanny Blankers-Koen Games, part of the IAAF World Athletics Tour. The 36-year-old clocked up 20km, 822 metres, falling short of his record...
Real Madrid´s new coach Manuel Pellegrini will be under pressure to achieve some early success for new president Florentino Perez, who has promised to build the "best club of the 21st century." The Chilean, 55, a qualified civil engineer, replaced Juande Ramos on Monday as Real´s seventh manager in the past decade. He was named on the day that Perez, the inspiration behind the ´Galacticos´, began his second term in charge of Real, one of the the world´s most successful clubs but which finished last season. 
Kobe Bryant is staring down the prospect of sharing the court with Superman again. Only this time, it´s Dwight Howard and not Shaquille O´Neal who´s wearing the cape that Bryant wants to tug on. Bryant and the Los Angeles Lakers will be trying to win their first NBA title without O´Neal when the finals open on Thursday against Howard and the Orlando Magic. They failed to do so last year, losing to Boston in a humiliating Game 6 defeat. O´Neal was traded after... 
F ilm Pontyphool a small Canadian horror film that makes the most of its minuscule budget, is set almost entirely in the confines of a tiny radio station that operates from a church basement in rural Ontario. (The film´s title is also the name of the village that is home to the station, CLSY Radio.) Here, Grant Mazzy (Stephen McHattie), a growling talk-show cowboy who suggests a bottom-drawer Don Imus, holds forth each morning while swigging coffee.
Former Spice girl Victoria Beckham has been so shaken by the recent tremors in Los Angeles that she is taking lessons with her family in a simulator to learn how to deal with earthquake. Victoria and her husband- cum-soccer star David Beckham´s mansion is on the Newport- Inglewood Fault, a 47-mile rock fracture caused by shifts in the earth´s crust. The singer is now making her family take precautionary lessons to escape a future calamity, reports dailymail.co.uk. "Victoria and the boys had a lesson.
Film Love Aaj Kal, Saif Ali Khan´s maiden venture as producer that also stars Deepika Padukone, is like Test cricket and Twenty20 rolled into one. The makers of the film, about love across generations, have even tied up with the ICC T20 World Cup, says co-producer Dinesh Vijan. "Love Aaj Kal has major similarities with cricket. Like there is Test cricket and T20, the film too has love of two generations - love ´aaj´ and love ´kal´," said Vijan over telephone from Mumbai. "The story basically revolves around. 
President Barack Obama voiced confidence
on Tuesday that the United
States can help get serious Middle East
peace talks back on track, as he prepared
for his maiden trip to the region.
In an interview with the BBC before
heading to Saudi Arabia, Egypt and
Europe, the US leader added that he
hoped for progress in direct talks with
Iran by the end of this year.
