United States

US Fed converts Goldman, Morgan Stanley into regulated banks

Washington, Sept. 22 :US Fed converts Goldman, Morgan Stanley into regulated banks Goldman Sachs and Morgan Stanley, the last surviving big investment banks on Wall Street, have become regulated banks.

In a statement issued at 9.30 p. m. local time Sunday the Federal Reserve said it had approved their applications to become bank holding companies, subject to regulation by the Fed.

North American freshwater species in danger of extinction

London, September 22: A report commissioned by the American Fisheries Society has warned that the number of North American freshwater species in danger of extinction, in at least part of their range, has nearly doubled since 1989.

According to a report in New Scientist, 33 per cent of fish have seen their conservation status grow more dire, while only 6 per cent have seen an improvement.

“Habitat loss due to humanity’s growing thirst for water is the root cause of the problem,” said Noel Burkhead from the US Geological Survey in Gainesville, Florida, and one of the report’s lead authors.

Taiwan-stranded Chinese dissident asks to be deported to China

Taipei - A Taiwan-based Chinese dissident, angry that the Taiwan government has not granted him permanent asylum, on Monday asked Taipei to send him back to China.

Cai Lujun, 40, said he made the request because he can no longer endure the "endless wait" for asylum and the humiliation of living like a "half-ghost, half-human being" in Taiwan.

He said he is not afraid of imprisonment in China for defecting to Taiwan, because it is better being jailed in China than begging for food and waiting indefinitely for asylum in Taiwan, he said in a statement.

Bush, Hu Jintao discuss US financial crisis

Beijing - Bush, Hu Jintao discuss US financial crisisChinese President Hu Jintao and US President George W Bush discussed the US financial crisis by telephone on Monday, the Chinese foreign ministry said.

Hu told Bush he hoped that US measures to bolster financial markets would soon have an effect and "lead to a gradual recovery," the ministry said on its website.

Recovery of US financial markets was in the interests of China as well as the United States and would benefit the entire global economy, Hu was quoted as saying.

Sarah Palin horrifies Liberals

Sarah Palin horrifies LiberalsWashington, Sept. 21: Alaska Governor Sarah Palin has probably seen it all politically in the three weeks since she accepted the Republican party’s vice-presidential nomination.

Her public as well as her personal space has been invaded with out a by or leave, and she is turning out to be the most polarizing figure in American politics.

She may have won quite a few brownie points from the Conservatives, but the Democrats and the Liberals are leaving no stone unturned to expose her as a negative choice.

Scientists once again in the ‘great planetary debate’

Washington, September 22: Scientists have again started the great debate on the exact definition of a planet, and have come out with conflicting viewpoints.

Two years ago, the International Astronomical Union (IAU) elected to define the term planet, restricting it to the eight largest bodies orbiting the Sun, and deleting Pluto from the list.

The demotion of Pluto sparked considerable public controversy.

Numerous planetary scientists and astronomers protested the IAU’s definition as not useful, while numerous other planetary scientists and astronomers supported the outcome.

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