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December 21, 2020December 22, 2020Admin

Bank of England governor warns housing market is biggest threat to UK economy

Sunday, May 18, 2014 The governor of the Bank of England, Mark Carney, has warned that the state of the housing market in the United Kingdom is the current biggest domestic threat to the country’s economy, due to lack of house building, and regulatory issues. In an interview to be aired on Sky News today,…

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December 20, 2020December 21, 2020Admin

Former Illinois Governor Blagojevich rests in corruption trial

Thursday, July 22, 2010 Despite promises he would testify in his own corruption trial, lawyers for former Illinois Governor Rod Blagojevich rested their case yesterday morning. His defense did not call a single witness, and apparently feels the prosecution has not proven their case. Closing arguments are scheduled for Monday. Speculation that Blagojevich would not…

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December 19, 2020December 20, 2020Admin

Japan raises severity level of crisis; efforts to cool damaged nuclear power plant continue

Friday, March 18, 2011 As the nuclear crisis in Japan’s crippled Fukushima I Nuclear Power Plant appears to worsen, Japan’s nuclear safety agency raised their assessment of its severity from 4 to 5 on the 7-level International Nuclear Event Scale, the same rating given the 1979 Three Mile Island crisis. Japan’s Prime Minister, Naoto Kan,…

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