Anil Giri – AHN News Correspondent Kathmandu, Nepal (AHN) – Japan has agreed to provide financial support of ¥250 million (approximately $3 million) to Nepal as food aid. Narayan Kaji Shrestha, Nepal’s deputy prime minister and minister for foreign affairs, and Koichiro Gemba, Japan’s foreign minister, witnessed the signing of the deal Sunday at the [...]
The Media Line Staff Cairo, Egypt (The Media Line) – Egypt faces a risk-laden game of Beat the Clock as it tries to get its political house in order before its foreign currency reserves sink much more. Reserves fell to $16.4 billion in January from about $36 million a year earlier, a drop that economists [...]
Ramallah, Palestinian Territory (IRIN) – Izz Tawil draws a black circle on the flip-chart in his office in Ramallah, capital of the West Bank in the occupied Palestinian territory (oPt). “The Palestinian economy is a closed cash-circle,” the general manager of the Palestinian microfinance network Sharakeh explains. He goes on to draw several small arrows [...]
Vittorio Hernandez – AHN News Athens, Greece (AHN) – Thousands of Greek workers went back to the streets on Thursday to protest the fresh round of austerity measures the government had to put in place to qualify for more bailout from the European Central Bank and the International Monetary Fund. To get $10.95 billion (EUR [...]
Vittorio Hernandez – AHN News Washington, DC, United States (AHN) – U.S. Federal Reserve Chairman Ben Bernanke said on Wednesday that the central bank is open to another stimulus program if it were necessary to help the ailing American economy. However, Bernanke said that for the moment the move was not yet imminent. The hint [...]
Vittorio Hernandez – AHN News Luxembourg City, Luxembourg (AHN) – European finance ministers delayed on Monday the release of the second tranche of Greece’s bailout until July. After seven hours of discussion, the ministers set as a condition for the release the approval by the Greek Parliament of spending cuts and financial reforms, including a [...]
Leaders of the world’s richest nations will promise today to provide loans and cash to shore up the economies of the so-called Arab Spring countries, where people have risen up against authoritarian leaders, but they might stop short of accepting the sweeping “Middle East Marshall Plan” which some had called for. View full post on [...]
Product DescriptionTitle IV of the Higher Education Act (HEA) authorises the major federal student aid programs, including the student loan programs, which are the largest source of aid for students. In FY2000, the Federal Family Education Loan (FFEL) programs and the Federal Direct Student Loan (DL) program supported an estimated $33.1 billion in new loan [...]
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The number of Americans initially applying for unemployment aid continued to drop last week, the U.S. Labor Department reported Thursday. View full post on All Stories
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