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 [...]
“If you own your home then you may be accepted for a secured homeowner loan. Even if you have a bad credit rating, do not fear as most lenders will still offer you a loan for up to 85% of the value of your home for a maximum of 35 years. Great news! Or not? [...]
Deficit reduction talks involving a bipartisan group of senators are in danger of collapsing, setting back hopes that they could catalyse a compromise on long-term fiscal policy View full post on All Stories
U.S. Treasury Secretary Timothy F. Geithner said a default arising from failing to raise the debt limit could cause “irrevocable damage” to the economy, risk a “double-dip” recession and increase unemployment. View full post on All Stories
Fukushima Daiichi: the massive loan burden for Tokyo Electric Power Co and it’s creditor after the Fukushima Daiichi disaster exceeded $23.4 billion. The Japanese government is asking other banks to help ease the burden despite risk in return. View full post on All Stories
Loventrice Farrow According to a National Sleep Foundation survey 29-percent of people fell asleep at work over the past month and if you are fired for sleeping on the job, you may not be eligible for unemployment benefits even if the… April 16, 2011 View full post on All Stories
Banks are increasing the percentage of loans obtainable by borrowers who use real estate as collateral, as soaring property prices reduce the risk of losses from default. Most Kenyan banks cap the … View full post on All Stories
IRIN Staff – IRIN IRIN Staff DAKAR (IRIN) – Amid rampant killings and economic paralysis, residents in parts of Côte d’Ivoire’s commercial capital Abidjan are eating “whatever they can find”, and have not worked in weeks, a youth in the northern district of Anyama told IRIN. The post-electoral deadlock is eroding families’ food reserves, robbing [...]
Vittorio Hernandez – AHN News D.C., Washington, United States (AHN) – The U.S. Securities and Exchange Commission joined legislators and stockholders who want to rein in exorbitant Wall Street bonuses, pinpointed as the prime incentive for large banks, brokerage companies and hedge funds to take excessive risks. The excessive risk taking, in turn, is being [...]
The Media Line Staff Manama, Bahrain David Rosenberg – Investors in the Gulf region are getting the jitters as the turmoil in Bahrain brings closer to home the political risk enveloping the Middle East. Dubai’s stocks dropped to the lowest level in almost six months on Monday, with the index shedding 1.3 percent to 1516.43. [...]
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