Authorities in Bahrain released more than 140 detainees, including two former ranking opposition members of the Parliament and a prominent opposition lawyer, on Monday. Majority of the detainees who have been released included suspects who have remained imprisoned without being given a fair trial. The length of time that they served in prison, according to [...]
India’s central bank authorities sought to calm down the markets on Monday, assuring them that the economy would remain resilient to the ongoing global economic turmoil brought about by the downgrade of the credit rating of the US. According to the Reserve Bank of India (RBI), while the market behavior was not insulated from [...]
A contest held by the world’s largest hacking convention held over the weekend in Las Vegas exposed lack of security training of IT professionals working in the top global organizations as the primary reason why they are easily penetrated by cyber criminals. In a statement issued by representatives of DEF CON—the organizers of the [...]
Insurance corporation American International Group, Inc. (AIG) has filed a lawsuit on Monday against Bank of America Corp, further adding to the problems of the largest bank in the United States. According to the formal complaint which has been filed in the New York Supreme Court in Manhattan, AIG is accused Bank of America [...]
The British government had branded the rioters who took to the streets of London and unleashing havoc by looting shops and setting buildings and vehicles on fire as ‘opportunistic criminals’ on Monday. Deputy Prime Minister Nick Clegg condemned the events of what is now considered as the worst act of violence as “needless” and [...]
The ten-year-long story about a police officer battling against sex trafficking with the United Nation’s corruption at its center has now been made into a film. Actress Rachel Weisz plays the lead role as Kathy Bolkovac, a police officer from Nebraska who ended up uncovering sex trafficking while working for the UN in post-war [...]
All Nippon Airways, one of the largest airlines and flag carriers in Japan, announced that it will be receiving the first of its 55 orders of the Boeing 787 Dreamliner by next month. The announcement was made by Scott Fancher, Vice-President of Boeing who also serve as General Manager for the 787 program. The [...]
Stock markets in the Middle East suffered massive losses over the weekend despite sources close to ratings agency Standard & Poor’s assured that the downgrade of the US credit rating would have minimal impact on the global markets. The Dubai Financial Market (DFM) General Index took a nosedive on Sunday by falling by more [...]
Nearly a quarter of a million Israelis marched down along the streets of the country in what is now considered to be one of the largest social outcries in Israeli’s history. Hundreds of thousands of Israelis marching on the streets of Tel Aviv and tens of thousands more in cities throughout the country, carrying [...]
DEF CON, the largest gathering of computer hackers, held its first of a series of classes that aim to teach children and teenagers on how to hack computers. The series of classes, which the organization aptly named DEF CON Kids, launched at the Rio Hotel and Casino in Las Vegas, Nevada. The different sessions [...]