This dispute between Great Britain and the United States stemmed from the damage done to American shipping during the Civil War by the five warships and commerce raiders built for the Confederacy in British shipyards including, most famously, the CSS Alabama.
Meanwhile, VW's CEO Matthias Mueller told its 20,000 staff at VW's headquarters in Wolfsburg last week that it would take years for the full scale of the damage stemming from the emissions scandal to become apparent.
There were no immediate reports of major injuries or damage stemming from the quake, which struck just after 8 30 p.m. just east of Los Angeles International Airport and could be felt as far south as San Diego.
"Worries on the eventual damage stemming from the bank's fall from the once-world-class wealth management franchise as well as uncertainty on the actual value of the toxic securities will inevitably continue to weigh on the stock price," Exane BNP Paribas said in a note to clients.
More than three hours later -- after stock prices on Wall Street had begun their sharp decline -- the European Central Bank matched the Fed's rate cut, saying it was acting in coordination with the Fed to limit the worldwide economic damage stemming from the attacks.
(Agence France-Presse) MIDDLE EAST IRAQ: LEGAL HELP -- France and Russia proposed that the United Nations commission overseeing compensation for Iraq's invasion of Kuwait provide assistance to help Iraq prepare its legal defense against $46 billion in claims for environmental damage stemming from the gulf war.
The study documents a sudden and steep jump in damage stemming from the 1997-98 eventño event.
However the demerger would be seen primarily as an attempt to protect his important entertainment interests, which deliver 90% of News Corporation's profits, from the reputational and financial damage stemming from the hacking and alleged bribing scandal at the group's newspapers.
After the heavy portfolio damage stemming from the financial crisis of 2008 and 2009, it appears as though many accountholders have developed trust issues that aren't going away any time soon.
In a letter to Attorney General Eric Holder, the top U.S. law enforcement official, Blumenthal wrote: "I urge that DOJ require that GM establish a fund to fully compensate consumers who suffered injury, death or damage" stemming from the malfunctioning ignition switches.
