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UK: Inflation Hits Four-Year Low
March 27, 2014

UK inflation rate fell to a four year low of 1.7% in the month of February 2014 due to the fall in petrol prices. The Consumer Prices Index rate (CPI) was found to lower than the set target of 2% by the Bank of England for the second consecutive month. In the month of January, the Consumer Prices Index was found to be 1.9%. The Retail Prices Index (RPI) also saw a fall from 2.8% in January to 2.7% in February. The petrol prices saw a fall of .8p in February when compared to the prices in January....

Madoff's Former Employees Found Guilty
March 27, 2014

Five former employees of the disgraced Wall Street financier, Bernard Madoff, had been pronounced guilty by a U.S. Federal jury in New York. The jury found that all the five former employees of Madoff had helped him to conspire and operate a Ponzi scheme. The judgement was given at the trial that had lasted for six months. In 2009, Bernard Madoff was convicted and sentenced to 150 years in prison for a $65 billion fraud scheme. Investors had lost around $20 billion by investing in the Ponzi schemes...

Woods Unsure About Masters
March 27, 2014

World's number one golfer, Tiger Woods, feels extremely doubtful about his participation in next month’s Augusta Masters, slated to begin on April 10th, 2014. He expressed concern about his back pain and feared that the back pain might prevent him from taking part in the event. The 38 year old golfing legend missed the traditional warm up even for the Augusta Masters, the Arnold Palmer invitational, because of back spasms. Tiger Woods, a four time Augusta Masters champion, had never missed a masters...

Law & Politics

Supreme Court Rejects Anti-Abortion Activists’ ‘Personhood’ Plea

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On Monday, the U.S. Supreme Court rejected the challenge brought against the decision of the Oklahoma Supreme Court striking down an attempt to place a “personhood” amendment to ballot in Oklahoma. The challenge was brought by anti-abortion group Personhood Oklahoma, which supported the movement for a measure to be put to ballot for declaring that [...]

May 16, 2013 Read More