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World News

Dhaka mutineers surrender weapons, troops move in   (Reuters)

Reuters - Mutinous members of a paramilitary unit in the Bangladesh capital surrendered their weapons on Thursday as tanks surrounded their headquarters after a second day of gunfire in a mutiny that killed about 50 people.

Royal Bank of Scotland posts record loss   (AP)

Climate change protesters demonstrate outside the headquarters of the Royal Bank of Scotland in London, Thursday, Feb. 28, 2009.  The Royal Bank of Scotland posted a record net loss of 24.14 billion pounds ($34.4 billion) for 2008  the biggest in British corporate history and unveiled a massive restructuring program on Thursday that will hive off many of its international businesses. Britain's second largest bank, which has already been part-nationalized under bailout packages worth more than 20 billion pounds, also said it will offload 325 billion pounds of toxic assets into a government insurance program. RBS' huge annual net loss after minority interests and earnings from discontinued operations, compares with a 7.3 billion pound profit in 2007.The bank's pretax loss was significantly wider at 40.67 billion pounds, compared to a 9.83 billion pound profit the previous year.The bank's revenue fell 15 percent to 25.87 billion pounds. (AP Photo/Alastair Grant)AP - The Royal Bank of Scotland earned the dubious honor of posting the largest annual loss in British corporate history on Thursday — a 24.1 billion pound ($34.4 billion) black hole fed by the bank’s aggressive acquisition spree of recent years.




News
THE STUFF OF WAR   (Georgie Anne Geyer)

Georgie Anne Geyer - WASHINGTON—Given the decreasing chances for experiencing and expressing real joy in human affairs over the last couple of years, it’s a relief to say that a wondrous event took place this week. It is not one most Americans would identify with, happening as it did halfway across the world, but they should, for it expresses in the most profound sense all the links every one of us has with our origins in the mists of history.


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THE CAL RIPKEN PRESIDENT   (Ann Coulter)

Ann Coulter - As Obama prepared to deliver his address to Congress on Tuesday, the Republican House Minority Leader John Boehner, Fox News’ Bret Baier and Charles Krauthammer all gushed that history was being made as the first African-American president appeared before Congress.


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THE ACTOR AND THE ARCHBISHOP   (Maggie Gallagher)

Maggie Gallagher - From the hills of Hollywood on Sunday, Sean Penn delivered at the Academy Awards his very own Sermon on the Mount. It was just a few days from Ash Wednesday, the beginning of Lent, but Pastor Penn issued his own stirring call for repentance, for the conversion of hearts: