United States

John McCain says restoration of trust and confidence will end Wall Street blues

Republican presidential candidate John McCainNew York, Sept. 22: The only way that the crisis on Wall Street can end is through trust and confidence, Republican presidential candidate John McCain has said.

In an interview with CBs’s Scott Pelley, McCain admitted that the American people were facing tough times, but ruled out a repeat of the Great Depression of 1929.

World’s largest corporations seek clarity on climate change regulation

World’s largest corporations seek clarity on climate change regulationWashington, September 22 : The senior management of the world’s largest corporations have called for greater visibility on climate change related policy in order to better anticipate the impact of regulation driven carbon markets and carbon prices.

DNA evidence reveals 113 new sharks and rays in Australia

Washington, September 22: Scientists have used DNA evidence to identify 113 new sharks and rays in Australia, which includes a skinny saw shark, a swell shark that looks like it swallowed a Frisbee, and a river shark.

According to a report in National Geographic News, nearly half of the newly named sharks and other species are found only around Australia.

The discoveries increase the continent''s tally of known sharks and rays by a third.

One of the new fish, the collared carpet shark, is so rare that the only known specimen was found in the belly of another shark.

Some of the new species are already threatened with extinction, according to scientists, and many of the sharks and rays have yet to be named.

US Fed converts Goldman, Morgan Stanley into regulated banks

Washington, Sept. 22 :US Fed converts Goldman, Morgan Stanley into regulated banks Goldman Sachs and Morgan Stanley, the last surviving big investment banks on Wall Street, have become regulated banks.

In a statement issued at 9.30 p. m. local time Sunday the Federal Reserve said it had approved their applications to become bank holding companies, subject to regulation by the Fed.

North American freshwater species in danger of extinction

London, September 22: A report commissioned by the American Fisheries Society has warned that the number of North American freshwater species in danger of extinction, in at least part of their range, has nearly doubled since 1989.

According to a report in New Scientist, 33 per cent of fish have seen their conservation status grow more dire, while only 6 per cent have seen an improvement.

“Habitat loss due to humanity’s growing thirst for water is the root cause of the problem,” said Noel Burkhead from the US Geological Survey in Gainesville, Florida, and one of the report’s lead authors.

Taiwan-stranded Chinese dissident asks to be deported to China

Taipei - A Taiwan-based Chinese dissident, angry that the Taiwan government has not granted him permanent asylum, on Monday asked Taipei to send him back to China.

Cai Lujun, 40, said he made the request because he can no longer endure the "endless wait" for asylum and the humiliation of living like a "half-ghost, half-human being" in Taiwan.

He said he is not afraid of imprisonment in China for defecting to Taiwan, because it is better being jailed in China than begging for food and waiting indefinitely for asylum in Taiwan, he said in a statement.

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