15 British sailors were taken to captivity by the Iranian Coast Guard from a cargo ship, which they had boarded to check presence of any smuggled goods, on the 23rd of March 2007. President of Iran Ahmadinejad, after detaining them for almost 12 days announced their release on 5th April 2007. The surprise announcement of release of British sailors has come as a shock and surprise to the International community. Almost all the families of concerned British soldiers were rejoicing after getting the ... Read More

Military drafts anti-predatory lending rules WASHINGTON (Reuters) - The U.S. Defense Department will propose curbing lending practices it considers predatory, such as payday loans, car title lending and tax refund anticipation loans, to military service members and their families, a draft of the proposal showed. "A major concern of the department has been the debt trap some forms of credit can present for service members and their families already burdened with debt and recurring bills," the Pentagon said in its proposal. There would ... Read More