Downfall of 'a foolish little nation'
07 Feb 2009: Iceland's humiliation begins at Heathrow. Try buying the currency, the krona, at Travelex and you will discover it is no longer held. "And whatever you do," says the woman at the counter, "don't bring any back." The words "failed state" bring to mindIceland government brought down by banking crisis
26 Jan 2009: Iceland's prime minister today announced the immediate resignation of his government because of the country's severe financial crisis, which saw the collapse of the currency and banking system. Geir Haarde announced as recently as Friday that hisIceland's Kaupthing administrators to sue UK govt
06 Jan 2009: REYKJAVIK (Reuters) - Iceland said Monday state-controlled Kaupthing Bank was suing Britain over a decision to place the bank's British arm in administration, potentially reigniting a simmering diplomatic row. The Treasury placed Kaupthing Singer andIcesave freezes deposits and withdrawals
07 Oct 2008: The internet bank Icesave has suspended all deposits and withdrawals from customers' accounts after the Icelandic authorities stepped in to rescue its parent company Landsbanki. Landsbanki's other UK operation Heritable Bank has also stopped savers makingslashnews
Major quake shakes eastern city of Van
A 7.2-magnitude earthquake hit eastern Turkey yesterday, triggering the collapse of buildings and killing many people, according
to officials and experts. At least 50 people were taken to the single hospital in the city of Van, Anatolia news agency said,
The wretched scandal of Gaza
Past bombed suburbs and scrubland stands the house on the frontier of hell. Once, Abdullah Wahdem's home was a pleasant villa set
in the citrus groves of northern Gaza. Now its cream stucco frontage is pitted by the bullets and artillery salvos that
From Hate to Love -
Story of Adiy ibn Hatim
In the ninth year of the Hijrah, an 'Arab king made the first positive moves to Islam after years of feeling hatred for it. He
drew closer to faith (iman) after opposing arid combating it. And he finally pledged allegiance to the Prophet, peace be on him,
Microsoft Bing in search deal with China’s
Baidu
Microsoft has signed a deal with China’s top search engine, Baidu, to provide the site with censored web search services in
English. Baidu, which dominates 83 per cent of the local market and whose success is built on its Chinese language services, said
