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Israel: Stock Market Plunges as Protests Continue

The first day of the trading week in the Middle East did prove that the economic crisis, is clearly affecting the region as stock markets in Dubai and Egypt dropped about four per cent, while in Israel the market plunged by seven per cent, which analysts say is a consequence of the downgrade of the debt rating in the U.S.
A woman wearing a t-shirt with a picture of former Prime Minister Thaksin Shinawatra

Thailand elections: Could exiled Thaksin be the new coalition government’s main threat?

Thailand's outgoing defence minister has said the army will not intervene after supporters of exiled former Prime Minister Thaksin Shinawatra swept to another resounding general election victory.Thaksin's younger sister Yingluck, who fronts the Puea Thai party, announced she had agreed a coalition deal with four minor parties that would give the new government 299 seats.
Richard Branson

Delay in Virgin pilot strike dates is causing frustration to British travellers

Virgin Atlantic pilots have voted overwhelmingly to strike over a four per cent pay increase. The strike, which has mass support amongst pilots, had a turnout of 94 per cent with 97 per cent voting in favour of industrial action. It is a significant blow to British travellers who will no doubt face holiday chaos this summer. The strike will affect key routes flown by Britain's, including Florida, the Caribbean, the Far East and Australia. The first walk out is expected this July.