Rejecting IMF loan, Egypt risks undermining economy

June 27, 2011 · Posted in news · Comments Off 

The Media Line Staff Cairo, Egypt (TML) – Egypt’s decision to reject loans from the International Monetary Fund (IMF) and World Bank may save the government unwelcome political controversy at home, but it risks undermining the country’s already severely strained economy, economists warned. The terms of the IMF financing as well as the government’s plan [...]

Savings in U.S. banks reach record $1.45 trillion in May

June 21, 2011 · Posted in news · Comments Off 

Vittorio Hernandez – AHN News Washington, D.C., United States (AHN) – More Americans continue to save in banks rather than borrow money from financial institutions. According to latest data from the Federal Reserve, savings in U.S. banks hit a record $1.45 trillion in May. The growing savings has been observed since the global financial crisis [...]

S&P downgrades China’s property market rating

June 15, 2011 · Posted in news · Comments Off 

Linda Young – AHN News Writer Beijing, China (AHN) – Credit ratings agency Standard & Poor’s announced that it had downgraded its outlook for China’s property market to negative from stable over concerns about the government’s decision to tighten its credit policy. China’s central bank announced on Tuesday that it planned to tighten credit to [...]

Hackers hit Citigroup, gain access to data of North American credit card customers

June 10, 2011 · Posted in news · Comments Off 

Vittorio Hernandez – AHN News New York, NY, United States (AHN) – Citigroup admitted on Thursday that its security was breached by cyber thieves who gained access to thousands of data of the bank’s North America credit card customers. The bank disclosed that the hacking incident was discovered after routine monitoring. Citigroup said it is [...]

Another day with no deal moves Minn. one step closer to shutdown

June 9, 2011 · Posted in bad credit loan · Comments Off 

With only 21 days before a potential state government shutdown, DFL Gov. Mark Dayton and GOP legislative leaders did not meet today, instead, Republicans held another public hearing to air their frustrations with the governor and his proposal to raise income taxes on top earners. View full post on All Stories

Panetta declines to discuss policy at confirmation hearing

June 9, 2011 · Posted in news · Comments Off 

Leon Panetta, the nominee to be the next secretary of defense, ducked gentle questioning Thursday from the Senate Armed Services Committee about President Barack Obama’s plans to reduce U.S. troops in Afghanistan and to cut security spending by $400 billion over the next 12 years. View full post on All Stories

Update: Senate approves two retiree-rehiring bills

June 9, 2011 · Posted in news · Comments Off 

By Katherine Gregg PROVIDENCE, R.I. — The state Senate unanimously approved two retiree-rehiring bills Thursday. One of them would allow the hiring of up to 50 retired public-school teachers and administrators as $500-a-day consultants to the state Department of Education. Governor Chafee is raising concerns about “double-dipping.” “Once you retire, you retire. That’s the way [...]

Update: Senate approves two retiree-rehiring bills

June 9, 2011 · Posted in news · Comments Off 

By Katherine Gregg PROVIDENCE, R.I. — The state Senate unanimously approved two retiree-rehiring bills Thursday. One of them would allow the hiring of up to 50 retired public-school teachers and administrators as $500-a-day consultants to the state Department of Education. Governor Chafee is raising concerns about “double-dipping.” “Once you retire, you retire. That’s the way [...]

Emergency Cash Loans Lead Life With Full Enjoyment

June 9, 2011 · Posted in bad credit loan · Comments Off 

Sometimes, money problem compel you to make compromise in your life when untimely financial needs occur in your life before your payday when you run short of money. But if you don’t want to make any kind of compromise in your life, emergency cash loans are good for you in every way because whenever you [...]

STOCKS RALLY

June 9, 2011 · Posted in news · Comments Off 

Stocks rallied Thursday, with banks, utilities and energy shares leading the advance. View full post on All Stories

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