Monday, 5 January 2009

News

Israeli troops surround Gaza City

Tens of thousands of people were forced to flee their homes as Israeli tanks and infantry seized control of large parts of the Gaza Strip yesterday, effectively slicing the area in two and isolating Gaza City from the rest of the territory. Heavy fighting was reported last night in... [continued]




Obama nominee withdraws over allegations

Barack Obama's nominee for secretary of commerce was yesterday forced to quit the cabinet amid allegations of wrongdoing. New Mexico Governor Bill Richardson (pictured last month with Obama) withdrew after being linked to a pending investigation by a federal grand jury in New Mexico. The jury is investigating how... [continued]

PM: recession could last past 2010

Britain could suffer a far more severe recession that has been officially acknowledged, the Prime Minister admitted yesterday. Asked in an interview if the recession could last two years, Gordon Brown said: "I think that depends on the level of international co-operation." He also defended his handling of the... [continued]

Waterford Wedgwood rescue fails

Waterford Wedgwood became the latest household name to fall into receivership this morning, when talks to rescue the 250-year-old fine china and glassware maker collapsed. The Irish-listed company, whose brands include Royal Doulton, Wedgwood pottery and Waterford crystal, has been placed into receivership after it missed a deadline last... [continued]

Mumbai evidence given to Pakistan

India has handed over evidence to Pakistan linking the Mumbai attacks to "elements" in that country, demanding a prompt investigation. India's Foreign Minister Pranab Mukherjee said that Pakistan should practice its "international obligations" and investigate what he called an "unpardonable crime". India blames Pakistan-based militant group... [continued]

EU hit by Russia-Ukraine gas row

At least six European countries have been hit by an acrimonious gas dispute between Ukraine and Russia. Czech Republic, Turkey, Poland, Hungary, Romania and Bulgaria all reported reductions in supply by as much as 30 per cent during a new year cold snap. The Russian state gas company... [continued]