Buddah Lineage

Portugal's commitment to fiscal consolidation targets is essential to calm financial markets and both the Lisbon government and opposition must be clear on them, German Chancellor Angela Merkel said on Friday. Portuguese benchmark 10-year bond yields rose to new record highs above 8 percent on Friday, following the collapse of the government in Lisbon and downgrades of Portuguese debt ratings. "I made clear that the government but also the opposition must not only stick to the fiscal goals for 2012 and 2013 but also back specific targets that are necessary for achieving these goals," Merkel told a news conference after a two-day EU summit. "This is crucial if the markets are to be calmed." She said euro zone countries had now set the framework for stabilising the 17-nation currency area and only technical details remained to be worked out by the end of June. At Germany's insistence, EU leaders agreed on Thursday to extend the period for paying into the perma...

OH BRITAIN, where did we go wrong ? We're "broke" and can't help our own Seniors, Veterans, Orphans, Homeless etc.,????????? Are you aware of the following? The British Government provides the following financial assistance: - BRITISH OLD AGED PENSIONER Weekly allowance £100 ILLEGAL IMMIGRANTS / REFUGEES LIVING IN BRITAIN Weekly allowance £250 BRITISH OLD AGED PENSIONER Weekly Spouse allowance £25 ILLEGAL IMMIGRANTS / REFUGEES LIVING IN BRITAIN Weekly Spouse allowance £225 BRITISH OLD AGED PENSIONER Additional weekly hardship allowance £0;00 ILLEGAL IMMIGRANTS / REFUGEES LIVING IN BRITAIN Additional weekly hardship allowance £100 BRITISH OLD AGED PENSIONER TOTAL YEARLY BENEFIT £6,000 ILLEGAL IMMIGRANTS / REFUGEES LIVING IN BRITAIN TOTAL YEARLY BENEFIT £29,900 Please read all and then forward to all your contacts so that we can lobby for a decent aged pension. After all, the average pensioner has paid taxes and contributed to the growth of ...

Khan, who claims to be a scrap dealer with an annual income of Rs 30 lakh and a passion for thoroughbred horses, is under investigation for violations of the Income Tax Act, Prevention of Money Laundering Act, Foreign Exchange Management Act and Passport Act. The income tax department alleges that he has over $8 billion in an overseas bank account, on which he needs to pay income tax of Rs 71,845 crore. The other charges against Khan include having three passports made (one each in Hyderabad, Patna and Mumbai), receiving kickbacks for an aircraft deal, endangering national security and moneylaundering. The Opposition alleges that Khan enjoys significant political patronage and that is why the investigative agencies are deliberately going slow on the case. Still others feel that the various agencies in the probe — the Central Bureau of Investigation, National Investigation Agency, Enforcement Directorate and income tax department — are working at cross purposes. Whatever the ...

Living it up may not be such a good idea anymore if you come with a closet which has more skeletons than clothes waiting to tumble out. From all powerful dictators to corporate czars — the rich, powerful and arrogant — are having their wings ripped apart by either an angry public or the authorities who are in no mood to overlook even a speck of something shady in the bright trail of success. The Poor Saif, his pet cats (tigers) really do seem tame compared to the rebels who are out to finish him and his family! Gone are the New Year bashes in the Caribbean where Beyonce would perform. With their money, power and homes (the London home has been taken over by squatters) being taken away from them, the despots now are running scared for their very existence. Playboy Prince Jefri of Brunei is another one who is on his way to become a has-been ever since his oil rich brother, the Sultan of Brunei, started taking objection to his decadent lifestyle. Everything from the famous Dorcehster...

Cardiff City's company secretary and solicitor, Alan Whiteley, has been arrested in a serious fraud office investigation. Whiteley's firm, M&A Solicitors, informed the authorities of its suspicions relating to a transaction involving one of its clients and has suspended Whiteley. He was detained along with three other men and a woman in arrests that took place in London, Birmingham and South Wales on Thursday. It is believed the five are being held over the sale of a number of mining sites in South Wales and that it is entirely unconnected to his role at Cardiff City. Whiteley remains a director of the club. "We understand that one of our directors is under investigation and, while that is proceeding, it would be inappropriate to make any further comments," said the club in a statement.

Japan has raised the severity rating of its nuclear disaster, as firefighters continue efforts to cool highly radioactive fuel rods at a nuclear reactor complex crippled by last week's earthquake and tsunami. Japan on Friday increased the severity of the crisis at the Fukushima site from 4 to 5 on a 7-point international nuclear event scale. Firefighters are dousing water on damaged reactor buildings with powerful hoses.  But they have to limit their time inside the complex due to the high radiation levels. Japanese engineers also are extending an emergency power cable to the nuclear reactor complex.  A steady supply of power could enable workers at the Fukushima plant to get water pumps working again. Meanwhile, the head of the International Atomic Energy Agency, Yukiya Amano, says Japan is racing against time to cool the overheating reactors.  Amano arrived in Japan Friday to meet with top Japanese officials and learn how the IAEA can help with the crisis.   The in...

Japanese companies trading in the U.S. took another beating Tuesday, as an evolving nuclear crisis struck fear in global markets. Traders sold off shares of iconic Japanese corporations like Toyota Motor Corp. and Sony Corp. for the third-straight session. Trading was equally bearish on the iShares MSCI Japan Index Fund, an exchange-traded fund that tracks 324 companies, whose decline on Tuesday adds to an 11% slide since the 9.0-magnitude earthquake hit Japan on Friday. The declines in Japanese funds and companies with American depository shares follow an 11% plunge in the Nikkei Stock Average that started a global rout. The Dow Jones Industrial Average was down by triple-digits in late-morning trading. "We saw people throwing stocks out at that open," said Craig Peskin, co-head of technical analysis research at MF Global. "But a potential nuclear disaster is the wild card." For now, however, Standard & Poor's Ratings Services said in a report Tuesday that ...