IMF: World on brink of recession; prepares special loan program

Thursday, October 9, 2008 The head of the International Monetary Fund (IMF) says the world is on the brink of a global recession but predicts the economy will begin to recover by late 2009. Dominique Strauss-Kahn, Managing Director of the IMF, stressed nations must work together to avert a global recession and warns there is "no domestic solution" to the crisis. He also said this week's...

Australian National Archives release Loans Affair documents

Saturday, January 1, 2005 The National Archives of Australia have, as part of their standarddocument release cycle, released thirty year old documents from theWhitlam government. The centre piece of the 1974 archives are a series of documents fromthe Australian Cabinet and the Treasury pertaining to the attempt toobtain a $US4 billion loan by the Whitlam government from the MiddleEast. The...

CEO of GM outlines plan for “New GM” after auto company declared bankruptcy

Thursday, June 4, 2009 In a New York press conference at 16:15 UTC, June 1st, Fritz Henderson, the Chief Executive Officer of General Motors, which filed for bankruptcy and Chapter 11 protection from its creditors earlier today, outlined a plan for what he called a "New GM". Speaking to the press under safe harbor provisions of U.S. law, Henderson described the events of today as a "defining...

Ontario Votes 2007: Interview with Liberal candidate Brian Jackson, Oxford

Monday, October 1, 2007 Brian Jackson is running for the Ontario Liberal Party in the Ontario provincial election, in the Oxford riding. Wikinews' Nick Moreau interviewed him regarding his values, his experience, and his campaign. Stay tuned for further interviews; every candidate from every party is eligible, and will be contacted. Expect interviews from Liberals, Progressive Conservatives, New...

Space Shuttle Discovery launches on mission STS-124

Saturday, May 31, 2008 Space Shuttle Discovery has successfully launched from Launch Complex 39A at the Kennedy Space Center in Florida, beginning mission STS-124. Discovery will deliver the main pressurised module of the Japanese Experiment Module to the International Space Station. Lift-off occurred at 21:02:12 GMT this evening, with the ascent to an initial sub-orbital trajectory lasting...

Iran moves finances out of Europe’s banks

Friday, January 20, 2006 Iran, has decided to pull its finances out of European banks and into different foreign banks. A senior Iranian official stated that this is an attempt to pre-empt possible U.N. sanctions over its resumption of nuclear fuel enrichment activities. Comments by Iran's central bank governor Ebrahim Sheibani, carried on air by the ISNA student news agency, confirmed that Iran...

Explosion at University of Missouri-Columbia leaves four injured

Wednesday, June 30, 2010 An explosion at the University of Missouri-Columbia (Mizzou) on Monday afternoon left four people injured, authorities say. The explosion occurred in a science laboratory in Schweitzer Hall around 2:20 p.m. CDT (1920 UTC) Monday. The source of the explosion was first thought to have been a 2,000-pound (907.2-kilogramme) hydrogen tank, but fire officials later said that...

Cyber attacks in Estonia threaten national security

Thursday, May 17, 2007 Recent cyber attacks in Estonia that have paralyzed the high tech country's Web sites are a threat to national security, according to the country's Minister of Defense. This has concerned NATO, seeing that Estonia is a member state of the organization. The attacks have subsided this week. The Defense Minister Jaak Aaviksoo also mentioned that Russia may have been behind...

US state of Texas executes woman convicted of murdering family

Thursday, September 15, 2005 Frances Newton was put to death by lethal injection in the US state of Texas on Wednesday, September 14, 2005, for the murder of her husband and two children in April of 1987. Her parents watched the execution in Huntsville where a few dozen demonstrators gathered outside to protest. Frances Newton was the first state-sponsored execution of an African-American female...

Oil spill in Gulf of Mexico reported to have reached coast; offshore drilling ban announced by Obama administration

 Correction — August 24, 2015 This article incorrectly describes BP as 'British Petroleum'. In fact, such a company has not existed for many years as BP dropped this name when becoming a multinational company. The initials no longer stand for anything.  Sunday, May 2, 2010 As reports came out yesterday that the oil spill caused by the explosion and sinking of an oil rig in Gulf of Mexico...