Bolivian troops told to seize natural gas fields

Monday, May 1, 2006 Bolivian President Evo Morales has ordered that all foreign-owned natural gas fields be turned over to the national government of Bolivia. President Morales signed a decree that orders troops to seize the fields “immediately” to ensure gas production. The decree also says that companies have 180 days to sign over their […]

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Calls for corporate tax reform in Australia goes unheeded

Friday, May 12, 2006 Peter Costello’s budget announcement has led to rejoicing for small businesses, but the lack of joy for those pushing for radical corporate taxation reform has led to many businesses asking “what about us?” Personal taxation and small business have been the big winners after this year’s federal budget. Although dampened by […]

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Brad and Angelina’s bodyguards arrested after allegedly saying racial slurs to parents

Saturday, November 18, 2006 Brad Pitt and Angelina Jolie’s bodyguards have been accused of saying racial slurs to parents of an Islamic school in south Mumbai, India. The parents have told the media that the bodyguards said “YOU BLOODY INDIANS AND YOU BLOODY MUSLIMS” when they came to pick up their children from the school. […]

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Mayor declares weather emergency in New York City

Thursday, January 13, 2011 On Tuesday, Mayor Michael R. Bloomberg announced a weather emergency in New York City, New York. The announcement was issued as a preemptive measure in preparation for an expected 6-12 inches of snow Wednesday, although the Metropolitan Transportation Authority claims to be ready for 14 inches. Bloomberg explained the meaning of […]

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Bankruptcy for U.S. automaker GM becomes almost certain after bondholder offers fail

Thursday, May 28, 2009 The United States automobile manufacturing firm General Motors announced on Wednesday that most of its bondholders did not exchange GM’s US$27 billion debt for a ten percent share in the company’s stock. The automaker, in financial straits, has a June 1 deadline to finish a government restructuring plan that includes plant […]

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Controversial melatonin supplements confirmed as sleep aid

Tuesday, March 1, 2005 Cambridge, Massachusetts, USA —An analysis of melatonin studies has upheld the controversial supplement’s effectiveness as a sleep aid. The analysis, which included 17 peer-reviewed scientific papers, was aimed at determining whether supplements of the hormone can improve sleep among insomniacs, older adults and others. “A meta-analysis essentially tells ‘yes’ or ‘no’—that […]

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