Europe Falls Victim to Global Crisis; Financial Institutions Seek Govt Support

As US Congress reached an agreement over a $700 billion dollar financing package, European governments rushed in to avert a crisis, injecting billions of dollars into the banking sector. Iceland agreed to buy a 75 per cent stake in Glitnir Bank hf at a cost of 600 million euros. The European Central Bank extended a [...]

Accusations of “Lies, Calumny & Bribery” to End after Court Injunction

Despite a heavy campaign schedule and accusations that his party bribed New Revolution Party members to endorse his candidacy, there is relief for acting president Rupiah Banda. A High Court judge has ruled that “The Post” newspaper can no longer carry libelous articles about the MMD’s presidential candidate. The Post newspaper has hitherto enjoyed unrivalled [...]