Demise of Lehman Brothers

Lehman Brothers, the fourth largest investment bank of the United States has filed for bankruptcy protection. Earlier it was said that Barclays bank and Bank of America were interested in buying Lehman Brothers. Barclays backed out and all attempts at saving Lehman Brothers failed.

Barclays has now shown interest in buying profitable core assets of Lehman Brothers. Barclays does not want Lehman’s “toxic investments in the residential and commercial property markets”. It also does not want Lehman’s unsettled transactions. Lehman Brothers has suffered huge losses in the current mortgage crisis in the United States.

The demise of Lehman Brothers will have far reaching consequences in international markets. It is one of the biggest bankruptcy in the history of the United States since 1930.
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Car maintenance services

Atlantic Car Care offers highly professional car maintenance and repair services in Wilmington area of North Carolina. The Wilmington NC car service is a family owned and operated automotive repair and maintenance shop. It is an ACDelco Repair Center and ASE Certified Shop which speaks volumes about highest quality service.

Atlantic Car Care is a clean and efficient shop. If you want to have hassle free maintenance for your car I would recommend you to visit their website. Car maintenance can be a very stressful job. I am sure that you will like their professional services. If you want to keep your car in top condition, it is necessary to that you maintain it properly and get it thoroughly checked by qualified people. Atlantic Car Care can take care of all your worries.
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Pakistan in the grip of crises


Pakistan is in the grip of various types of crisis. It is faced with the threat of fully fledged US attack in the tribal areas, there is political instability in the country as the ruling coalition has fallen apart and the economy of the country is in bad shape. There is acute energy crisis in the country and people have to do without electricity for long hours.


It has been only five years after the new government was formed and it has already lost credibility with the people. Ordinary people of the country who had voted to bring about a change in their fate now feel that the government has forgotten all the promises which it made during electioneering. If it continues like this, then I am sure that the government will not complete its term. It will have to go under mounting pressure from public.







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Plight of Dr Aafia’s children


The twelve year son of Dr Aafia Siddiqui has returned to Pakistan. Dr Aafia was accused of maintaining close links with Al Qaeda elements. She was abducted from Karachi with her three children 2003 and her whereabouts were not known since then. The US authorities disclosed her presence only after international press reported about a mysterious woman prisoner at Bagram airbase a few months back.


The custody of the boy has been handed over to her aunt Dr Fauzia who lives in Islamabad. The whereabouts of the remaining two children of Dr Aafia are still not known. Even if Dr Aafia has anything to do with Al Qaeda, what was the fault of her minor children?







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Pakistan in financial crisis

Pakistan is in financial crisis. The value of US dollar againt Pakistani rupee is constantly increasing and it is feared that it will touch new heights in the coming days. Oil prices have declied worldwide and the benefit should have been passed on to the consumers but strangely the government has done nothing to improve the situation. The finance minister has categorically denied any decrease in the oil prices in the country in the coming days. It is said that the government wants to bridge budget deficit in this way becasue it does not have any other available option.

There is acute power shortage in the country which has badly affected industry. Big industrial cities like Karachi have to go without electricity for ten to fifteen hours and nobody seems to care. Despite this situaiton the prices of electricity are increased every few months without justification.

The current account deficit has also increased and it has crossed more than $ 1.7bn. The foreign reserves of the country are also on the decline and it has gone below $9.3bn dollars which is alarming. Out of the present $9.3bn, the share of government is nearly $ 5.8bn only and the rest is being held by private banks.

The situation is compounded by the law and order situation in the country which has resulted in the flight of capital. Foreign investors are also not coming as they were during Pervez Musharraf administration when there was a conducive atmosphere for investment in the country. The relations with the United States have also deteriorated over operations in the tribal areas of the country.

Despite all this, the political leadership of the country is busy in making political alliances for petty gains and there is a wrangling over distribution of ministries. May God help Pakistan
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Anti Virus software to protect your computer

If you want to protect your computer from virus attack you must have Antivirus Software software installed on your computer. If you do not have Anti Virus software there is every possibility that your computer will be affected by virus and other malicious software. If you do not have Anti Virus software I would ask you to have one today. Your computer may already be affected. Nowadays we frequently here about malicious software that can steal your data such as email addresses, credit card numbers and other documents from your computer. There are a large number of Anti Virus software available in the market that offer protection to your computer while you are online.

CyberDefender is complete Anti Virus software. It is very effective against viruses, malware, spam, phishing scams and spyware. CyberDefender early detection center is an all-in-one weapon against Internet threats that can damage your PC and compromise your identity. If you use your computer for online transactions such as funds transfer through bank account or your use credit cards to make online purchases you are vulnerable to identity theft. You information can be transmitted and used by other people if you computer is not protected. I would ask you to use CyberDefender and enjoy peaceful surfing on the Internet.

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Old story about United Airlines adds to the woes

The shares of United Airlines (UAL) nosedived after an old news story about the group filing bankruptcy protection appeared on the internet. The shares sank 75% to lows of $3 immediately after the news was republished by Bloomberg.

It was only after $1bn were wiped off the market value of the company that it was detected that there was some problem. The article about the decision of the United Airlines to file for bankruptcy protection was first published in 2002. This story was picked up by a reporter who supplies stories to Bloomberg. Obviously the reporter did not bother to even read the article which would have made it clear to him that it was an old story.

United Airlines is faced with financial problems and is about to lay off employees in order to cut rising fuel costs.
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Save money on online shopping

You can save a lot of money while shopping online by getting promotional codes and discount coupons. I think you must have noticed the option to enter discount coupon number or promotional codes at the time of checkout. If you know these discount coupons and promotional codes you have save a lot. You can save as high as 50 percent at some online stores by entering the promotional codes.

The important thing is to know these promotional codes and discount coupons. Most of the people are not aware about the place to get these discount coupons. Now this job has been made very simple. You can find discount rates and promotional codes for a number of online stores and website at 1-coupon.com. Here you will not only find coupon numbers and promotional codes for some of the leading stores but also last minute deals offered by various websites. If you want to shop online for musical instruments, you can save money by using discount codes.

If you are a frequent traveler you can save a lot of money on various travel packages and hotel reservations. You can also get big discount on car rentals such as Hertz which is one the largest car rental chain in the world. I would ask you to visit this site often if you shop online regularly in order to avail discount deals.
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Alitalia facing financial crunch

The national airliner of Italy, Alitalia is facing acute financial crisis and it is said that it will have to cancel some flights because of lack of funds to buy fuel. Alitalia’s bankruptcy administrator made the comments after he called unions to emergency talks.

Prime Minister Silvio Berlusconi has blamed political motives behind the failure of Alitalia. He said that he would take all steps to save Alitalia from collapse.
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E-commerce and web hosting solutions

If you want to set up a small business on the Internet, you must find a web hosting company which may give smooth and constant service. There are many web hosting companies which provide a number of hosting packages. It would not be easy for you to make a good selection out of so many companies. I would ask you to visit webhostingrating.com where you will find some of the top hosting companies with independent reviews from real customers.

Webhostingrating.com is one place where you can find the solutions for your web hosting needs. You will find complete information about various hosting options that are available. A good hosting can make a big difference in your business.

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