Large U.S. bank collapse seen ahead
The worst of the global financial crisis is yet to come and a large U.S. bank will fail in the next few months as the world's biggest economy hits further troubles, former IMF chief economist Kenneth Rogoff said on Tuesday.
• Newcrest Mining says sees more gold price strength
Arctic Ice Grows 30 Per Cent In a Year
Alarmist scientists who predicted that the North Pole could be "ice free" this summer as a result of global warming have been embarrassed after it was revealed that Arctic ice has actually grown by around 30 per cent in the year since August 2007.
Pope warns Italy in danger of returning to fascism
Silvio Berlusconi's government was today engaged in a vigorous damage limitation exercise after Pope Benedict appeared to lend his immense moral authority to speculation that Italy was in danger of returning to fascism under the tycoon's hardline, rightwing leadership.
Defense Official: Russia Has Short Range Missiles in South Ossetia
Russia has placed short range SS-21 missiles in South Ossetia, that could pose a threat to most major Georgian cities," including the capital, Tbilisi, a U.S.Defense official confirmed to FOX News on Monday.
• Who Started Cold War II?
• Defiant Russians still in Georgia
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