New York

Texan cricket billionaire Stanford hands himself over to the FBI

New York, Feb. 20 : Sir Allen Stanford, the Texan cricket tycoon accused of orchestrating an eight billion dollar investment fund fraud, has handed himself over to the FBI.

After a fruitless two-day manhunt, the financier arranged to meet FBI agents in a car in Stafford County, near Fredericksburgh, in the US state of Virginia, 50 miles south of Washington D. C.

The agents served Sir Allen with bundles of legal documents detailing the fraud allegations, plus court papers containing restrictions on his various companies.

Swat peace agreement will not affect Pak’s resolve to fight terrorism: Haroon

New York, Feb 20 : Pakistan's Ambassador to the United Nations, Abdullah Hussain Haroon, has said that the Swat peace agreement will not affect his country's resolve to fight terrorism.

Addressing a gathering at the New York University on Tuesday night, Haroon said the accord between the NWFP Government and the Tehreek-e-Nifaz-e-Shariat-e-Muhammadi should not be taken as a "paradigm shift" in Islamabad's position on the struggle to rid its soil of terrorism.

He said President Asif Ali Zardari had clearly stated that he would not sign the Nizam-e-Adl Regulation unless peace is restored in the valley, the Daily Times reported.

1st pic of Rihanna’s battered face posted on Internet

1st pic of Rihanna’s battered face posted on InternetNew York, Feb 20 : Pop star Rihanna, who is believed to have been assaulted by Chris Brown, is again in the news, as a photo of her battered face after the alleged attack has been posted on the Internet.

TMZ. com is reported to have got hold of a photograph of the `Umbrella' hitmaker, taken immediately after she was allegedly battered.

The photo shows her with appalling injuries, including a badly swollen face, a split lip, a bloody nose, and wounds on her forehead and cheeks.

UN official denounces undemocratic members as reform talks begin

UN official denounces undemocratic members as reform talks beginNew York  - The UN General Assembly president took yet another shot on Thursday at some world powers for what he called disrespect of the United Nations Charter, while intergovernmental negotiations began on reforming the UN Security Council.

Miguel d'Escoto Brockmann, a former Sandinista foreign minister in Nicaragua in the 1980s, has been picking on the United States, Russia, China, France and Britain - the so-called P5 veto-wielding permanent members of the 15-nation council - since he became leader of the 192-nation last September.

Report: General Motors bondholders criticize restructuring plan

Report: General Motors bondholders criticize restructuring planNew York - A group of bondholders at the centre of General Motors Corp's struggle to survive have criticized the US carmaker's restructuring efforts, the Wall Street Journal reported Thursday.

GM faces pressure to strike a deal that would reduce its 27 billion dollars in debt by March 31, or risk losing 13.4 billion dollars in government loans.

The carmaker this week said it may need as much as 16.6 billion dollars more in emergency federal funds to survive a massive industrywide downturn since October.

New York Post in trouble over likening Obama to a chimpanzee

New York Post in trouble over likening Obama to a chimpanzeeNew York Feb. 19: The New York Post yesterday called President Obama a chimpanzee.

That is sure how many people saw it. The stunningly offensive carton springs from the chimp rampage in Connecticut that ended with police shooting the crazed creature dead.

The artist, Sean Delonas, depicts two cops standing over the chimp''s bullet-riddled body, one with a smoking pistol.

"They''ll have to find someone else to write the next stimulus bill," the other cop says.

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