Liberian Flagged Chemical Tanker Detained After Inspection
May 1, 2008
Maritime and Coastguard Agency surveyors from Falmouth Marine Office after being alerted to the vessel by the Harbourmaster, detained the Liberian flagged ‘Rachel B’ chemical tanker at Falmouth on Monday after numerous faults were identified on board not in accordance with International Safety Management (ISM). Read more
Despite Economic Crisis U.S. Mortgage Rates Nudge Higher
May 1, 2008
Fixed mortgage rates inched upward for the third week in a row, with the average conforming 30-year fixed mortgage rate rising to 6.16 percent. According to Bankrate.com’s weekly national survey of large lenders, the average 30-year fixed mortgage has an average of 0.36 discount and origination points. Read more
Britain Denies Trying to Embarrass South Africa Over Zimbabwe Issue At UN
May 1, 2008
The British government has denied that it deliberately brought the Zimbabwe issue onto the United Nations Security Council agenda while South Africa is president of the council with the intention of embarrassing South Africa, which does not believe Zimbabwe should be on the council’s agenda. Read more
Nigeria to Spend $1.4 Billion to Subsidise Electricity Cost, Says Gov’t
May 1, 2008
The Nigerian government says it is spending N177.95 billion (about US$1.4 billion) to subsidize electricity consumption in the country over the next three years. According to a statement signed by Mr Olusegun Adeniyi, Senior Special Assistant to the Nigerian President on Communication on Wednesday in Abuja, the new policy is contained in the new tariff regime for electricity consumption in Nigeria which takes effect from 1 July, 2008. Read more
Virgin Media And BBC Partner to Bring BBC IPlayer to TV
May 1, 2008
Virgin Media have announced a partnership with the BBC to launch BBC iPlayer onto its platform, making its 3.5 million TV customers the first in the UK to get the popular service via a TV platform. Viewers using BBC iPlayer on Virgin Media will be able to watch full screen pictures at full quality on their television set without the need for downloading. Read more
US Embassy Hands Over Dossier on Victims of Political Violence to Zimbabwe Gov’t
May 1, 2008
The United States government has handed to Zimbabwe’s Ministry of Foreign Affairs a dossier containing evidence of state-sponsored political violence and human rights abuses, the US embassy said on Thursday. Read more


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