Archive for: September, 2010

Former Marxist Guerrilla Wants To Be Brazil’s First Female President

Former Marxist guerrilla Dilma Rousseff is one of the nine presidential candidates running for Brazil’s upcoming general election and the latest polls indicate she is the favorite to win the presidency.
It was the outgoing Brazilian president Luis Inacio Lula da Silva, himself, who picked Dilma Rousseff to become his successor.
Many believe that Dilma Rousseff’s 80% [...]

PlayBook Announcement Did Not Stop RIM Shares From Falling By 3%

Research in Motion shares went down 3%, a day after its PlayBook tablet computer has been announced during a conference in San Francisco on Monday.
PlayBook’s specs did impress analysts with its 7-inch screen and front and rear high-definition camera features. RIM shares, which went up about 2% on Monday’s after-hours trade, seemed to have boosted [...]

India To Come Up With The Biggest’ ID Database In The World

India has started working on its national identity scheme, which could be the world’s largest national database, in order to minimize fraud and make state benefits accessible to all.
Prime Minister Manmohan Singh and Congress party leader Sonia Gandhi led the launching of the ambitious system which is set to keep records of more than one [...]

Singer Mario Arrested For Assaulting Mother

R&B singer Mario was arrested for assaulting his mother while arguing with her in their apartment in Baltimore, Maryland, police said.
Police went to the apartment after receiving a call that someone’s breaking up property inside the apartment. Authorities were then welcomed by Shawntia Hardaway in the apartment’s ground-floor lobby and said her son was inside [...]

Clijsters Withdraws From China Open; Nadal All Set For Thailand Open

US Open champion Kim Clijsters will not be playing for next month’s China Open due to a foot infection.
In a statement posted on her website, the Belgian explained she had her moles from the sole of her right foot removed and that there had been an infection. The 27-year-old apologized that she needed to cancel [...]

TechCrunch Succumbs To AOL

TechCrunch has announced that it has agreed with AOL’s acquisition offer. The deal was immediately closed after negotiations rumors leaked.
At TechCrunch’s Disrupt conference, its founder Michael Arrington revealed that the company did not have a choice but to rush through the announcement. Arrington later then shared the stage with AOL CEO Tim Armstrong and jokingly [...]

Global Funding For Malaria Insufficient

A research revealed that there is about 60% shortage in Malaria funds worldwide.
In a report published in the Lancet medical journal, experts from UK and Africa discovered that out of the 93 countries where malaria is prevalent, only 21 have received sufficient fund for anti-malaria campaigns.
Through there had been significant increase of funds in African [...]

Sri Lanka’s Nuclear Plans Fears Environmentalists

Environmentalists in Sri Lanka have raised their concern regarding the government’s plans to put up a nuclear power plant by 2025.
The country’s energy minister Champika Ranawaka revealed that Sri Lanka is planning to build the plant to address the increasing need for energy. According to Ranawaka, there is already an on-going discussion between the government [...]

Bank Of America Delays Foreclosures In 23 States

Bank of America delays home foreclosures in 23 states due to make sure there were no flaws in its existing processes.
In a statement, the bank revealed it has been reviewing its current processes to ensure certain affidavits complied with correct procedures. The bank will freeze the process to fix “affidavits in foreclosure cases” [...]

Luxury Hotel Set To Rise Near Haiti Airport

Investors plan to build a seven-story luxury hotel with 240 rooms near Port-au-Prince’s international airport.
Supporters of the $33 million investment, regard the project as a crucial move that will bring more developers and investors to Haiti, which was shattered by a magnitude-7 earthquake on January 12.
The unnamed hotel funding will come from private investors and [...]


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