Tuesday, 20 January 2009

News

RBS on edge of nationalisation

Full-scale nationalisation for the Royal Bank of Scotland seemed imminent last night, after the bank saw billions of pounds wiped off its stock market value despite a Government pledge to bolster it with taxpayers' money. RBS's share price plummeted by 65 per cent, to just 11.6p, as the... [continued]


Obama calls for Americans to pull together

Barack Obama called on Americans to commemorate the anniversary of Martin Luther King's birth by coming together for the good of all and dedicating themselves to public service. Obama spent his final day before his inauguration as the 44th President of the United States painting walls at a... [continued]

Obama volunteers at a shelter for runaway teenagers the day before his inauguration as 44th US President

Inflation falls to 3.1 per cent

UK inflation fell sharply in December, from 4.1 per cent the previous month to an annual rate of 3.1 per cent. The Government's reduction in VAT and huge discounts by retailers in the run-up to Christmas contributed to the drop in inflation, as well as falling petrol prices.... [continued]

Rebuilding Gaza to cost ‘billions’

Rebuilding the war-torn Gaza Strip will cost "billions", the United Nations has warned. Israel's three-week war on Hamas has left tens of thousands of Palestinians homeless and at least $2bn worth of assets destroyed, according to initial estimates. Independent surveyors estimate that more than 4,000 homes, 1,500 factories and... [continued]






General demands more resources

The head of the British army General Sir Richard Dannatt has demanded more resources to reduce the "unacceptable" strain that he said his soldiers and their families were under. In a speech on the state of the Army, he said: "We have seriously stretched our soldiers to the very... [continued]

Critical Zimbabwe talks collapse

Crucial talks described by both sides as a last chance to save the power-sharing deal between Zimbabwe President Robert Mugabe and opposition leader Morgan Tsvangirai have collapsed. South African mediators said the talks failed after 12 hours of stalemate. Movement for Democratic Change (MDC) leader Tsvangirai described... [continued]



Posted by Britannia Radio at 11:55