FEATURED NEWS POST
Bernanke: Tough Rules, Enforcement Needed to Prevent New Financial Crisis
By VOA NEWS September 2, 2010 @ 1:11pmClick here to read moreThe head of the U.S. central bank says the bank will strictly enforce new rules to prevent another financial crisis like the one that has disrupted the global economy for the past two years.
Federal Reserve Chairman Ben Bernanke spoke to the Financial Crisis Inquiry Commission in Washington on Thursday.
Oil Rig Explodes in Gulf of Mexico
By VOA NEWS September 2, 2010 @ 1:08pmClick here to read moreAn oil rig has exploded in the Gulf of Mexico.
The U.S. Coast Guard says the explosion occurred early Thursday, about 145 kilometers south of Vermilion Bay, along the coast of the southern state of Louisiana. The explosion set the production platform on fire, and it is reportedly still burning.
Oil Rig Explodes Off Louisiana Coast
By Fox News September 2, 2010 @ 1:05pmClick here to read moreAn offshore petroleum rig exploded and was burning Thursday in the Gulf of Mexico about 80 miles south of Vermilion Bay.
A spokesman for the Coast Guard told Fox News Radio that all 13 crew members on the rig are alive and have been safely accounted for. One person was injured in the blast, though the extent of that worker's injury was not known.
3 bomb blasts at Shiite procession in Pakistan kill at least 28, injure 200
By The Los Angeles Times September 2, 2010 @ 12:49pmClick here to read moreThree bomb blasts tore through a Shiite Muslim procession Wednesday in Pakistan's second-largest city, Lahore, killing at least 28 people and wounding 200 others, authorities said.
The attacks occurred as thousands of Shiites marched through Lahore's streets in a traditional mourning procession for Imam Ali, one of Shiite Islam's most revered figures. No one claimed responsibility for the blasts, but Sunni Muslim militant groups have frequently targeted Pakistan's Shiite minority.
U.S. border officer gets 20 years for corruption, smuggling drugs
By The Los Angeles Times September 2, 2010 @ 12:48pmClick here to read moreA former U.S. Customs employee is headed to federal prison for 20 years after being convicted of corruption and smuggling charges in El Paso, Texas. Martha Alicia Garnica, 43, a former Customs and Border Protection officer, conspired to smuggle marijuana and undocumented migrants into the United States and bribed or attempted to bribe fellow officers, the U.S. Immigration and Customs Enforcement agency said in a statement.
Garnica had pleaded guilty to the charges in May and was sentenced Aug. 26 by a federal judge.
