Archive for February 26th, 2009

Bangladesh Mutiny ends

February 26th, 2009 No Commented

Categorized Under: Politics

The Mutiny tussle by Bangladesh Border guards ended after two days today, with the guards accepting the general amnesty guaranteed by Prime Minister Hasina. In a simultaneous actioning, the army tanks surrounded the guards camps while Prime Minister threatened the rebellious guards of serious action if they do not surrender. The mutiny act that lasted [...]

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Obama unveils 3.6 tn budget

February 26th, 2009 No Commented

Categorized Under: General

The first budget of the new US President Barak Obama is out and he has proposed a massive 750 billion further aid for the ailing US banking system. This only underscores the fears of millions of US investors that the worst numbers from US is yet to come and the current year could see record [...]

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RBS reports record loss

February 26th, 2009 No Commented

Categorized Under: Finance

The year 2008 will be remembered for all wrong reasons by leading corporates and banks and insurance companies of the world. Most of the top 10 banks of the world have gone into deep red in 2008 in spite of nearly trillion dollars worth of government fund infusion. Royal Bank of Scotland, the largest in [...]

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