Archive for July 11th, 2008

China defends veto of Zimbabwe resolution (Reuters)

Written by on Friday, July 11th, 2008 in Latest News.

Zimbabwe's President Robert Mugabe attends his inauguration at State House in Harare, in this file photo from June 29, 2008.Russia and China vetoed on Friday a Western-backed U.N. Security Council resolution to impose sanctions on Zimbabwe for holding a violent presidential poll that was boycotted by the opposition candidate. (Philimon Bulawayo/Reuters)Reuters – China said on Saturday that sanctions
against Zimbabwe’s government would “complicate,” rather than
ease, conflict in the troubled African country, defending its
choice to veto a proposed U.N. resolution.

Original post by Reuters and software by Elliott Back

Struggling Mortgage Lender Taken Over by Regulators

Written by on Friday, July 11th, 2008 in Latest News.

Federal regulators yesterday took over struggling mortgage lender IndyMac Bank, the second-largest failure ever of a U.S. financial institution.

Original post by AFP and software by Elliott Back

Favre Asks Packers To Release Him

Written by on Friday, July 11th, 2008 in Latest News.

Brett Favre questioned the Packers to release him so he can return to the NFL with another team after apparently being told his latest retirement reversal wasn’t welcome news in Green Bay.

Original post by AFP and software by Elliott Back



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