Washington

US working to cut “historic” ISI stranglehold on Pak Army, Government

US working to cut “historic” ISI stranglehold on Pak Army, GovernmentWashinton, Apr. 3: The Unites States is certainly worried by the increasing influence of Pakistan’s Inter Services Intelligence (ISI) on the government, with a top Pentagon official saying that Washington is keeping a close watch on the issue and is trying to reduce the cooperation between the ISI and the Pak Army.

Sleep clears the brain for next day's learning

Sleep clears the brain for next day's learningWashington, Apr 3: Snoozing does more than help us recover from tensions and weariness - it helps the brain clear clutter accumulated after a long day''s work and make way for new learning.

Shutting down during the night helps the body to produce new synapses which connect brain cells.

Researchers at Washington University School of Medicine in St. Louis believe if synapses are not renewed they become saturated with knowledge which stops people absorbing new information.

US House, Senate approve 2010 budget outline

US House, Senate approve 2010 budget outlineWashington  - US lawmakers on Thursday approved a 3.5-trillion-dollar budget outline for 2010 that closely mirrors President Barack Obama's priorities for the country.

The vote in the House of Representatives was 233-196, largely along party lines, and came after weeks of polarizing debate that exposed deep differences between majority Democrats and opposition Republicans over how to resuscitate the US economy.

Madoff's waterfront Florida home, three boats seized

Madoff's waterfront Florida home, three boats seized Washington  - Prosecutors started seizing the property of the fraudster-financier Bernard Madoff on Thursday, taking possession of his multimillion-dollar waterfront home in upscale Palm Beach, Florida, and three boats, the US Attorney's Office said.

Madoff, 70, faces 150 years in prison for the largest Wall Street swindles ever, and now faces loss of his personal property to pay back angry clients. The Florida property alone was reportedly valued at 14 million dollars.

US accounting standards relaxed to help banks out of crisis

The Financial Accounting Standards Board (FASB)Washington  - US accounting standards were relaxed Thursday to allow banks to take a longer-term view on the value of toxic mortgage assets, which have already cost the industry more than 1 trillion dollars and lie at the heart of the financial crisis.

The Financial Accounting Standards Board (FASB), an industry group, voted that banks would not have to tie the value of mortgage securities to current market prices.

US court: Prisoners held in Afghanistan can challenge detention

US court: Prisoners held in Afghanistan can challenge detentionWashington - A US federal court ruled Thursday that a group of prisoners being held by the United States in Afghanistan have the right to challenge their detentions in US courts, in a blow to the powers of President Barack Obama's new administration.

Judge John Bates, of the district court in the US capital Washington, ruled the cases of three prisoners being held at Bagram Air Force Base in Afghanistan are "virtually identical" to those being held at the controversial prison camp at Guantanamo Bay, Cuba.

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