Saturday, 14 February 2009

The Prince of hypocrites

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Charles embarks on 16,000 mile ‘green’ crusade... aboard a private jet
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Friday, 13 February 2009

Wellness group gets flak from customers

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True Spa is being taken to court by a group of 16 disgruntled customers frustrated with its service
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Jackie to donate houses

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The Hong Kong star will give away the $100m houses from his collection to Singapore's 4th varsity
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Thursday, 12 February 2009

Beijing to bail out shipping industry

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Firms ordered to shelve new dockyard plans
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Spa spat goes to the courts

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They had complained of unprofessional service, unanswered phone calls to the spa and having to make bookings four weeks in advance. pdf
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Flyer tenants fail to get compensation

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The Singapore Flyer has rejected a demand for compensation made by a group of tenants at the attraction.
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Probation’s better for shoplifter, says judge

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‘A custodial sentence at this point in her life is more likely to negatively affect her recovery,’ said the judge.
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No-frills housing please, say some MPs

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No playgrounds or covered walkways in new HDB estates. Nor any barbecue pits. New flats should have very basic floor tiles, meanwhile. pdf
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China Needs U.S. Guarantees for Treasuries, Yu Says

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China should seek guarantees that its $682 billion holdings of U.S. government debt won’t be eroded by “reckless policies,” said Yu Yongding...
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U.S. Taxpayers Risk $9.7 Trillion on Bailout Programs

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The stimulus package the U.S. Congress is completing would raise the government’s commitment to solving the financial crisis to $9.7 trillio...
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With evictions on the rise, deputies make the rounds to clear residents out of homes

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The deputies have no power to give the homeowner an extra day, hour, even 15 minutes. Once they knock on the door, time’s up. pdf
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Now for Pigs and Food – A Super Short Commodity Super Cycle

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The commodity “super cycle” proved super short. The commodity “boom” is now officially a “bust”. pdf
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A 10-Year Stretch That’s Worse Than It Looks

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In the last 82 years - the history of the Standard & Poor’s 500 - the stock market has been through one Great Depression and numerous re...
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Merrill Lynch’s bonuses made 696 millionaires

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Merrill Lynch quietly paid out at least one million dollars bonus each to about 700 top executives even when the investment house was bleedi...
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Increased commodity demand belies China’s economic recovery

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“Beyond a potential short-covering rally, underlying demand will likely remain weak [until the] second half of 2010 and surpluses are foreca...
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Mainland consumers risk nasty dose of demand flu

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As a result, it looks unwise to pin too much hope on the robust health of mainland consumers. They may be about to catch a nasty dose of dem...
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Housing slump in US has just begun, says forecaster

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His investment advice for this prolonged recession: hang on to cash and invest in gold or Treasury inflation-protected securities. If he had...
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Geithner goes for US$2 trillion big bang

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New Treasury chief promises full force of government to get economy back on track PDF
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The Madoff Scandal and the Future of American Jewry

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Before December 11, 2008, few Americans had ever heard of Bernard L. Madoff. Yet after his arrest for running what authorities allege was th...
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On the Edge

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A not-so-funny thing happened on the way to economic recovery. Over the last two weeks, what should have been a deadly serious debate about ...
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