News - Written by Bart on Wednesday, January 30, 2008 17:47 - 0 Comments

US rates cut to avoid recession

The Federal Reserve has cut interest rates for the second time in nine days as it tries to keep the US economy from entering a recession.

The central bank lowered rates to 3% from 3.5% after a two-day meeting.

Last week, the Fed slashed the cost of borrowing by the largest amount in 25 years in a shock move to calm tumbling global stock markets.

Full story from BBC



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World News - Feb 19, 2008 9:53 - 0 Comments

Fidel Castro announces retirement

Cuba’s ailing leader Fidel Castro has said he will not accept another term as president, ending 49 years in power.

“I neither will aspire to, nor will I accept, the position of president of the council of state and commander in chief,” he told the newspaper, Granma.

The 81-year-old handed over power temporarily to his brother, Raul, in July 2006 when he underwent surgery.

Full story at BBC News

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Elections - Feb 15, 2008 0:44 - 0 Comments

Superdelegates get campaign cash

About half the 800 superdelegates — elected officials, party leaders, and others — have committed to either Clinton or Obama, though they can change their minds until the convention.

Obama’s political action committee has doled out more than $694,000 to superdelegates since 2005, the study found, and of the 81 who had announced their support for Obama, 34 had received donations totaling $228,000.

Clinton’s political action committee has distributed about $195,000 to superdelegates, and only 13 of the 109 who had announced for her have received money, totaling about $95,000.

Full story at the Boston Globe

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Movies - Feb 19, 2008 9:49 - 0 Comments

Is Will Ferrell Bringing Ron Burgundy Back?

Lets face facts here, people. There is no more iconic Will Ferrell character than Ron Burgundy. If you have a problem with that, then you can go fly a kite. The centerpiece of Anchorman, Burgundy has become a pop culture icon in his own right. Ferrell’s most recent character, the smooth talking, jive-turkey basketball mogul Jackie Moon in Semi-Pro brings back fond memories for Burgundy fans, as Moon is a similar sort of oddity.

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