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14 December 2011 ~ Comments Off

Israel faces housing bubble – or bust, OECD warns

The Media Line Staff Jerusalem, Israel David Rosenberg (The Medi – Home prices – an anxious subject for both Israeli consumers and policy makers as they first raced higher and then suddenly started to sink – remain a threat to the economy, the Organization for Economic Cooperation and Development (OECD) warned on Monday. Although the [...]

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26 May 2011 ~ Comments Off

Chrysler pay off loan early, whilst Hyundai face uncertain future.

American car giant Chrysler repays 4.7 billion in government loans to Canada and US after plummeting sales back in 2009.The repayments include 45.9 billion to the US and 41.7 billion to Canada, over a period of nine years. US President Barack Obama said this was a ‘significant milestone’ and a great encouragement to the US [...]

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26 May 2011 ~ Comments Off

Chrysler repays much of its government loan

US car company Chrysler has repaid $7.6 billion in US and Canadian government loans. View full post on All Stories

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24 May 2011 ~ Comments Off

Manila court orders Philippine gov’t to pay airport builder $176 million

Windsor Genova – AHN News News Writer Manila, Philippines (AHN) – A lower court in Manila ordered the Philippine government on Tuesday to pay the builder of a new international airport nearly $176 million as compensation for taking over the terminal in 2004. Pasay Court Judge Eugenio Dela Cruz said $63 million paid by the [...]

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22 May 2011 ~ Comments Off

Housing shortages, high costs affecting military

The inability of homebuild­ers to secure construction loans in this weak economy, combined with major force re­alignments from Europe and other areas, has created hous­ing shortages for families at many large stateside military bases, the Government Ac­countability Office reported. View full post on All Stories

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19 May 2011 ~ Comments Off

Chrysler Getting Ready To Pay Back Loans

(Auburn Hills, MI) — Chrysler is expected to make an announcement today that it’s ready to pay back seven-point-five-billion-dollars in government loans. View full post on All Stories

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19 May 2011 ~ Comments Off

Wheat Farmers Seek Aid After Crop Failure

Nairobi – Wheat farmers in Narok have appealed for financial aid from the government following crop failure. Growers say they are unable to service loans secured from institutions such as … View full post on All Stories

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15 May 2011 ~ Comments Off

Bangladesh poised to offer Nobel laureate Yunus position in bank he founded

The Bangladesh government is poised to offer Nobel laureate Professor Muhammad Yunus a respectable position in the bank he founded after a series of global uproars. View full post on Banking Stories

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10 May 2011 ~ Comments Off

Social Workers “Frustrated”

In a press statement, which was signed by the staff of the Department of Social Services, workers spoke about their frustrations with the minister. “Firstly, she categorised the worker programmers as welfare recipients rather than employees, devaluing them and their contributions. To suggest that work programmers are anything other than employees is insulting and demoralising,” [...]

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09 May 2011 ~ Comments Off

We’re providing interest-free loans to feds

More than half of Canadians are paying too much tax, effectively providing the government with a interest-free loan instead of investing the money themselves, according to a new report by CIBC. View full post on All Stories

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