The Nobel Prize in Economics for 2008 was Monday awarded to Paul Krugman of the US for his analysis of trade patterns and location of economic activity.
Krugman, 55, 1953 is professor at Princeton University.
In its citation, the Nobel committee said: ‘Patterns of trade and location have always been key issues in the economic debate. What [...]
Losing hair? Blame your mom and dad for a new study has revealed a genetic link which suggests that men could inherit baldness from either parent.
Previous studies found a genetic association between male pattern baldness, the most common form of the condition where hair is lost in a well-defined pattern beginning above both temples, and [...]
Suicide bombers targeted Shiite worshippers as they left morning prayers Thursday at two Baghdad mosques, killing 24 people and wounding more than 50 others, police said.
In a separate attack, gunmen fatally shot six Sunnis as they traveled in a minibus in the mainly Shiite town of Wajihiyah, a town 60 miles north of Baghdad.
The dead [...]
The Bank of England on Wednesday offered 40 billion dollars (22.6 billion pounds) to banking institutions on a one-week tender amid ongoing world economic turmoil.
The BoE said that banks had snapped up 13.44 billion dollars of an available 30-billion-dollar loan. Borrowers will have to repay the cash on October 7.
The bank also offered a further [...]
A European tour group kidnapped in the Sahara Desert was abruptly freed after a phone call to one of the captors, and all 19 hostages piled into a single car, some clinging to the roof as they drove 200 miles to safety.
The accounts Tuesday by the freed Europeans and their Egyptian guides contradicted reports from [...]
Three people were killed and six others were wounded in a suicide attack near the Algerian capital, APS news agency quoted security officials as saying on Monday.
The bomber blew up his car packed with explosives near the town of Dellys, about 40 kilometres (20 miles) east of Algiers, late Sunday at the end of the [...]
The U.S. and Russia, striking a compromise, led a new U.N. Security Council effort Friday to condemn Iran’s nuclear program that includes no new sanctions.
The brief resolution seeks to reaffirm the three previous ones, which imposed progressively tougher sanctions on Iran for refusing to halt its uranium enrichment program.
It also calls on Tehran “to fully [...]
Pentagon officials are trying to discredit a military prosecutor who alleges evidence was suppressed in an upcoming war-crimes trial at Guantanamo Bay, a defense lawyer said in court on Thursday.
Air Force Maj. David Frakt said the chief prosecutor for the military commissions at Guantanamo is seeking a psychological exam for Army Lt. Col. Darrel Vandeveld, [...]
An early morning downpour on Wednesday and a shortage of oxygen tanks have slowed efforts to rescue 14 people trapped in an abandoned gold mine in the Philippines’s northern mountain region, officials said.Local government and police officials were losing hope of finding any survivors from a group of small-scale miners trapped since Monday after a [...]
The Delhi Police said on Monday that the explosives used in capital’s serial blasts are believed to have come from Karnataka.Delhi police and intelligence personnel questioned suspects in Manipal town of Karnataka today, where Mohammed Saif, arrested after a shootout in Delhi, was taken to find the source of explosives used in the September 13 [...]