Posts Tagged ‘US’

Top ten largest bankruptcy scandals in the US

Top ten largest bankruptcy scandals in the US

Top ten largest bankruptcy scandals in the US

The world’s financial crisis struck first in the United States, increasing the number of bankruptcy filings. Top ten bankrupt companies depending on the assets value are:

1. Lehman Brothers Holdings $691 billion in assets on 15th September 2008;

2. Washing Mutual with $327.9 billion in assets on 26th September 2008; (more…)

War at the Mexico – United States border

War at the Mexico - United States border

War at the Mexico - United States border

The Mexican border of the United States is the most frequently crossed international border in the world, with about 250 million people estimated to cross it every year. The border is 3,169 km long and crosses over major urban areas like El Paso, Columbus, Juárez, Chihuahua and San Diego, passing thru   inhospitable deserts. The US states that lay along the Mexican border are: California, Arizona, New Mexico, and Texas, while on the other side the Mexican states along the border are Baja California, Sonora, Chihuahua, Coahuila, Nuevo León, and Tamaulipas. (more…)

Venezuela has the world’s largest oil reserve

Venezuela has the world’s largest oil reserve

Venezuela has the world’s largest oil reserve

A US Geological Survey says that Venezuela has much more oil than we all know. The scientists estimate that Venezuela’s Orinoco oil belt holds 513 billion barrels of recoverable heavy crude. This is twice as much as Saudi Arabia’s reserve, the country that was considered to hold the biggest reserve in the world with proven reserves of 260 billion barrels. (more…)