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POLAR BEAR: It was believed the polar bear towered over the shark in the food-chain

POLAR BEAR: It was believed the polar bear towered over the shark in the food-chain

Polar bear eaten by shark: tables turn on predator

The polar bear's title as the top Arctic predator may under challenge from a shark. The species is already threatened by a thaw of ice around the North Pole.Scientists researching how far sharks hunt seals in the Arctic were stunned in June to find part of the jaw of a young polar bear in the stomach of a Greenland shark, a species that favours polar waters.

OIL TURMOIL: Crude prices fell by nearly $5 on the NYE, hours after it had touched a record $111.80.

Oil prices come down marginally

Crude prices fell by nearly $5 on the NYE, hours after it had touched a record $111.80.

http://www.ibnlive.com/news/oil-prices-come-down-marginally/61474-7.html

CREDIT CRISIS: US Fed Reserve approved the cut in lending rates at an emergency weekend meeting.

US Fed Reserve cuts discount rate

Fed also creates lending facility to make short-term loans to financial institutions.

http://www.ibnlive.com/news/us-fed-reserve-cuts-discount-rate/61371-16.html

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