Santander buys up B&B savings while Treasury nationalises loans
The Spanish banking giant Santander is to take over the £21 billion savings business and branch network of failed mortgage lender Bradford & Bingley, while the Treasury will nationalise B&B's £50bn mortgages and loans. The government bail-out comes just months after Northern Rock was nationalised. It is understood... [continued]
AIG rescue and the Goldman connection 
The Business Pages: US bail-out accord reached
Japan’s return from financial oblivion
Congress agrees $700bn deal
US Congress finally reached a tentative deal authorising a $700 billion rescue plan for America's troubled economy just after midnight on Sunday. The 106-page bill, which was agreed after days of high-level wrangling and hours of fraught last-minute negotiations, will allow the Treasury to purchase $700bn of bad debts from... [continued]
AIG rescue and the Goldman connection
Welcome to Wall Street’s cash machine
The Business Pages: US bail-out accord reached
Three arrested over fire-bomb
Three men have been arrested after an apparent arson attack on the publisher of a controversial novel featuring the Prophet Muhammad and his child bride, The Jewel of Medina. On Sunday night a petrol bomb reportedly exploded outside the north London home of publisher Martin Rynja. He used... [continued]
People: Sherry Jones upbeat about book
US election: has McCain found his excuse to sack Palin?
People: Sarah Palin biog caught in Muslim storm
Tories pledge to scrap third runway
The Tories will unveil plans for a £20 billion high-speed rail link between London, Birmingham, Manchester and Leeds at its second day of the party;s conference in Birmingham. The TGV-style rail link would replace plans for a third runway at Heathrow airport and cut 66,000 flights a year.... [continued]
The Mole: Latest news from Downing Street
Poll: Egyptians pro bin Laden
A BBC World Service poll about attitudes to al-Qaeda has found that a majority of Egyptians have a positive or mixed view of the Islamist militant network. When asked "overall would you say your feelings about al-Qaeda are positive, negative or mixed", some 60 per cent of Egyptians said they... [continued]
Al-Qaeda is losing but the West isn't winning
US supplies Israel with radar
The US has supplied Israel with a powerful long-range radar that would provide an extra early warning in case of an Iranian missile attack - but Washington would get the information first. It was confirmed yesterday that the powerful long-range radar system was flown in last week and set up... [continued]
Robert Fox: US and Israel should beware of taking on Iran
Israel arming of Georgia sours Russian relations
Austria’s far right makes comeback
Austria's far right was on the verge of a political comeback yesterday when its two leading parties captured 29 per cent of the vote in yesterday's election - less than one point of the poll victor, the Social Democrats. According to preliminary results, the two parties that campaigned on... [continued]
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