World

Artworks that used to adorn the walls and halls of Lehman Brothers’ offices in London is up for auction. They are expecting it to fetch at least 2 million pounds. So, who wants to bid on bankrupt company’s artworks ? I think the reason that the company failed itself is going to propel the auction. The artworks are going to ... Read More »

The Gold is getting hotter by the day. In US the gold has hit a record high price of above $1300 an ounce. Thanks to the failing markets and low confidence in market, people are now turning to Gold for refugee. Investors are now eying the Gold for their investments. This is increasing the demand and shooting the price up. ... Read More »

A U.S. border inspector was charged Friday with taking more than $50,000 to wave drug-laden vehicles from Mexico through his lane. Oscar Osbaldo Ortiz Martinez, a since 2008, allegedly took $22,000 in June for allowing a Jeep Cherokee that he believed was carrying cocaine to pass through his booth at the border crossing in downtown Calexico, about 120 miles east ... Read More »

A small Bank in Florida has joined the long list of failed banks this year. It is the 126th bank to fail in 2010. This is also the 24th bank to fail in the state of Florida alone this year. Regulators on Friday shut down a small bank in Florida, lifting to 126 the number of bank failures this year. ... Read More »

A recent report by the OECD (Organization for Economic Co-Operation and Development) says that 6 out the 7 top obese countries are English speaking. The countries in the world with the highest obesity rates are (in order) USA, Mexico, New Zealand, Australia, United Kingdom, Canada and Ireland. With the exception of Mexico, all the fattest countries have one thing in ... Read More »

Facebook’s CEO Mark Zuckerberg was not even in the top 400 last year but this year he has more wealth then that of Apple’s CEO Steve Jobs. Forbes list of the 400 richest people in America says so. Bill Gates continues to stay on the top with an estimated $54 Billion of wealth. Second on the list was Berkshire Hathaway ... Read More »

Iran Thursday regretted Russia’s decision to cancel an arms deal with the Islamic republic, ISNA news agency reported. The Kremlin announced Wednesday that Russian President Dmitry Medvedev cancelled a planned arms deal with Iran because of the United Nations Security Council sanctions against the country. The presidential decree forbade the transfer of tanks, artillery, war ships, helicopters and missile defence ... Read More »