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• Tiger Woods playing ‘diaper bingo’ instead of golf
While rehabbing following reconstructive surgery on his left knee, Woods said, his biggest joy is unencumbered time with his 15-month old daughter Sam, by his wife of four years, former Swedish model Elin Nordegren. The couple has even made a game of ...
• French author Le Clezio awarded 2008 Nobel
STOCKHOLM, Sweden - The Swedish Academy said Thursday that French novelist Jean-Marie Gustave Le Clezio has won the 2008 Nobel Prize in literature. The academy called Le Clezio "author of new departures, poetic adventure and sensual ecstasy, explorer ...
• The stunning collapse of Iceland
Kaupthing also was forced to take an emergency $702 million loan from Sweden to prop up its Swedish arm, while the Norwegian Banks' Guarantee Fund offered $819 million in liquidity support to the local unit of Glitnir. Now some believe that Iceland ...
• U.K. threatens to sue Iceland to protect savers
The Swedish central bank said Wednesday it would grant liquidity assistance to the Swedish arm of Icelandic bank Kaupthing with a loan of up to 5 billion crowns ($702 million) “to safeguard financial stability in Sweden and ensure the smooth ...
• Iceland’s financial debacle escalates
In urgent moves to downsize the overgrown banking sector, the Financial Services Authority immediately began to restructure the bank, saying it would sell its Finnish and Swedish businesses. Similarly, Iceland’s central bank had already loaned ...