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Archive for  February 2005

    • News Desk
    • Feb 2nd, 2005
    • Comments Off on US faces $4 billion budget gap for feeding troops in Iraq

    Food, housing and other services for US troops in Iraq will cost four billion dollars more than the Pentagon anticipated in its 2005 budget, The Wall Street Journal reported Tuesday, citing figures from Halliburton, the

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Israeli government ordered to stop Jerusalem land seizure

    Israel's attorney general ordered the government on Tuesday to rescind a decision to enforce a decades-old law under which large tracts of Palestinian land in Arab East Jerusalem could be confiscated, officials said. The government

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on UN report disappoints both sides of Darfur conflict

    Both Sudan's government and Darfur rebels criticised a UN report which accused Khartoum and allied militias of atrocities in the country's western region but stopped short of calling the violence genocide. The UN report, released

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Israel puts West Bank security transfer on hold

    Israel put the transfer of security control in parts of the West Bank on hold Tuesday as a new volley of mortar attacks by Palestinians in Gaza further undermined a fragile truce. Palestinians had been

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Nepal’s coalition government sacked

    King Gyanendra dismissed Nepal's coalition government on Tuesday and enforced an indefinite emergency, igniting charges he had staged a coup in the Himalayan outpost battling a Maoist revolt. "I have exercised the rights given to

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  • Sterling drifted lower against the dollar and euro on Tuesday as disappointing British manufacturing data overshadowed broadly sterling-positive mortgage lending and consumer credit data. However, moves were limited as all eyes were focused across the

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  • The dollar edged up against major currencies on Tuesday, but kept to tight ranges versus the euro ahead of an expected Federal Reserve rate hike and a meeting of Group of Seven industrialised nations later

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on US Stock: Tuesday’s unofficial close

    US stocks rose Tuesday, helped by a more than 6 percent jump in shares of American Express Co after the Dow component said it will spin off its personal finance unit. Exxon Mobil Corp, the

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Bonds: General Motors euro debt in focus as Fiat deadline looms

    Bonds of US auto maker General Motors were in focus once again as a deadline loomed in its long dispute with Italy's Fiat on Tuesday, while in the high-yield market default worries cast a shadow.

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    • News Desk
    • Feb 2nd, 2005
    • Comments Off on Bonds: General Motors euro debt in focus as Fiat deadline looms

    Bonds of US auto maker General Motors were in focus once again as a deadline loomed in its long dispute with Italy's Fiat on Tuesday, while in the high-yield market default worries cast a shadow.

    Read More

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