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Costa Concordia Sinks, Carnival Loss of US$95 million

Costa Concordia
Sinking of the cruise ship Costa Concordia is definitely material casualties. Costa Concordia management company, Carnival Corporation & plc, posted a loss of at least U.S. $95 million due to the [...]

Australia State Budget Burglarized AUD$3 by Fake Insurance

AUSTRALIA POPE
A former head of the Australian agencies that oversees the performance of Medicare health insurance records of the year there are about AUD$3 billionburglarized fake claims. Tony Webber, Director of Professional [...]

Iran makes Crude Oil Soar to USD111

Oil Factory
Brent crude oil price went up to USD111 on Monday after worried over supply disruptions after Iran warned the neighbors on the Arabian Gulf. Observed, Brent crude rose 29 cents to USD110, 73 per barrel. [...]

China Will Help Europe Out of Crisis

Renminbi
China Vice Foreign Minister Fu Ying said it would remain a part of international efforts to help Europe through the crisis, and rejects the notion that Beijing into an area that suffers from this crisis. “China [...]

Obama: US Unemployment can Drop to 8%

Obama
President of the United States , Barack Obama says if the unemployment rate in America could fall to eight per cent before he faces re-election next November 2012. US jobless rate currently at 8.6 percent [...]