THE simple straightforward mortgage is the world’s most dangerous financial product, not those complicated derivative collateralised swaps and other such exotic named and harder to explain financial instruments held to be responsible for the banking crash globally.

Pakistani medical teams were rushing to the deluged north west today amid fears that cholera could spread after the worst floods in the country's history that have already killed up to 1,200 people.

PAKISTAN dispatched medical teams yesterday to the deluged northwest amid fears that cholera could spread after the worst floods in the country’s history that have already killed up to 1,500, an official said.