Goldman Sachs’s mortgage problems are far from over. The Wall Street investment bank paid $550 million last year to settle a civil fraud suit brought by the Securities and Exchange Commission, which accused Goldman Sachs of creating a mortgage product that was intended to fail On Tuesday, the firm disclosed […]
A little glance at the recent history shows that hardly a day passes in which an Islamic event does not make headlines. Very unfortunately, in the world today, Islam is portrayed as a religion sanctioning violence, bloodshed, extremism, fundamentalism, fanaticism and terrorism. But, in reality, there is no connection between […]
This is in reference to Aries Musnandar’s letter titled “Why do you defend Ahmadiyah?” (the Post, May 4). Protestantism and Catholicism are not two different religions. They are two different strains of the same faith (Christianity), in the same way that Shia, Sunni, Alawi, Sufi and Ahmadiyah Islam are all […]
A nation of car buffs, Germany is celebrating the 125th anniversary of the invention of the automobile this year. Tracy Moran looks at how Stuttgart, the country’s motor city, is revving up for the festivities. Gear heads the world over are preparing to mark an important milestone for the […]
Germany on Monday began counting its population in the first national census to be conducted since reunification. Despite some privacy fears, there is no sign of the protest and boycott movement which hampered the last national head count nearly 25 years ago. German authorities began the first national census in […]
A former BBC employee who strongly believes in the ethos of public service broadcasting will be allowed to bring a discrimination case against the corporation under laws designed to protect religious faiths, a tribunal has ruled. The decision effectively puts the broadcaster’s core principle on a par with Christianity. A […]
Memorial Day ceremonies commenced with a speech by the Chief of the General Staff, Lt. Gen. Benny Gantz, who said: The Western Wall – this wall of prayers, last memory of the Temple, in front of which we stand every year, remembering and reminding of the sons and daughters, who gave […]
In honor of Israel’s 63rd Independence Day, Arutz Sheva is undertaking a special project. Entitled “Facing Forward,” it asks personalities from different fields to respond to the question: How do you expect the State of Israel to looks in twenty-five years, and how would you want it to look at […]
Hillary Clinton’s expression, right hand clasped over her mouth in astonishment, is largely responsible for making the above photo iconic–and, to at least one newspaper, sexually suggestive. In the photo, President Obama and his national security team are huddled around a conference table in the White House Situation Room, watching CIA […]
(CNN) — Experts held out hope Monday that the floodwaters forecast for much of the Lower Mississippi River will exact a minimum toll in lives lost but appeared resigned to the likelihood that property losses would be steep. “If the (Army) Corps of Engineers’ levee system holds, which I’m imagining it […]
Faith has outweighed fact at Di Tzeitung, a Hasidic newspaper based in Brooklyn, New York. The ultra-Orthodox Jewish publication ran a doctored copy of the iconic “Situation Room Photo” last Friday – you know, the one taken of President Barack Obama and his national security team during the raid on […]
AMMAN – Recent political changes have the potential to transform a region burdened by a lack of economic opportunities and insecurity into one of enlightenment, experts said on Monday. HRH Prince Hassan, chairman and founder of the West Asia and North Africa (WANA) Forum, stressed that the region’s main challenges […]
RAMALLAH (Agencies) – The Palestinian Authority said on Monday it had not been able to pay public sector salaries for the first time since 2007 because of Israel’s decision to halt the transfer of tax funds, Reuters reported. Prime Minister Salam Fayyad said Israel’s decision, taken in protest at a […]
Egypt has announced that it will open its border crossing with Gaza on a permanent basis, thereby reversing Egypt’s collusion with Israel’s blockade regime. The interim Foreign Minister, Nabil al-Arabi, has described support for the blockade by the previous Egyptian regime as “disgraceful”. While Israeli officials have responded to this […]
By ARAB NEWS RIYADH: Custodian of the Two Holy Mosques King Abdullah on Monday approved the designs of new housing units he ordered to construct in different provinces of the […]
RFI France has just experienced its hottest April since 1900, with average temperatures four degrees higher than normal for the time of year, while over the last 4 months, less than half the usual amount of rainfall for the period has fallen, according to the French meteorological office. In Caen […]
Commentary: But all this bearish news makes me bullish If you thought the housing crisis was bad, think again. It’s worse. New data just out from Zillow, the real-estate information company, show house prices are falling at their fastest rate since the Lehman collapse. Average home prices are down 8% […]
BAGHDAD: An Al Qaida-linked militant group in Iraq pledged support to the organisation’s second-in-command, Ayman al-Zawahri, and vowed more revenge attacks for the death of Osama bin Laden at the hands of US forces in Pakistan. In a statement posted on an Islamist website forum on Monday, the caliph of […]
By MUNIR AHMED, Associated Press ISLAMABAD – Pakistan’s prime minister defended his nation’s military and intelligence services on Monday and said Pakistan was not solely to blame for the failure to detect Osama bin Laden’s presence in a garrison town close to the capital. Prime Minister Yousuf Raza Gilani, in […]
Television New Zealand is marketing them in a prime-time slot as Britain’s “fattest and laziest family”. But the stars of the show – a family of four who collectively weigh almost 500kg – have lashed out at the broadcaster, saying there are fatter families in Britain. The Chawner family, from […]