Thursday, 22 January 2009

Israel probes use of phosphorus as Gaza tunnels reopen

The warren of smuggling tunnels linking Gaza to Egypt are poised to reopen after the Israeli army pulled out of the territory following its three week operation, in part designed destroy the underground routes. The tunnels, which were estbalished after Israel sealed off the territory and the West... [continued]




Obama to order Guantanamo shutdown as ethics code introduced

America's new president, Barack Obama, is set to order the shut down of controversial detention centre Guantanamo Bay, just two days after being sworn into the office. A senior aide said the president would sign an order to shut the prison within 12-months, fulfilling his campaign promise to close... [continued]



FSA calls for ‘profound’ changes

The Financial Services Authority has said that major changes need to be made to the banking system to prevent a repeat of the current crisis. The head of the watchdog, Lord Turner, described part of the regulatory system were "seriously deficient". After the announcement of a second wave of... [continued]




Brown backs down over expenses

Prime Minister Gordon Brown has performed a U-turn over plans to exempt MPs from having to publish their expenses. He told MPs that plans to amend Freedom of Information laws would be abandoned. The House had been due to vote on the measures on Thursday, with Labour MPs under... [continued]

British Gas cuts prices by 10 per cent

British Gas has announced it is to cut its prices by 10 per cent next month, making it the first major energy supplier to to announce a cut since 2007. The reduction will benefit more than 7.5m homes and will reduce the average annual gas bill by £84. British... [continued]

Apple under investigation over Jobs

Technology company Apple has come under investigation by America's top securities regulator, the Securities and Exchange Commission, over the way it has handled announcements about the health of chief executive, Steve Jobs. The news comes as the company registered record quartlerly profits of $1.61bn over the Christmas period. iPod... [continued]