Girlguiding UK launches series of guides to help 16-18 year olds learn life skills
Forget homemaking and knot-tying, girl guides are being issued with tips on financial matters to help them survive the credit crunch ... to foot the bill for everything you want – or bail you out when you owe money." The advice is included in the first of a series of guides aimed to help 16-18 year olds learn important skills. Money [more...]
Date: 2009-01-05 17:22:01
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Debt Services Made Simple
If you are worried about your finances or feel as though they may get seriously out of control if you don’t take action, ... for a Debt Management Company. Their aim is to help you deal with your debt problems to ensure ... Service One way to control your debt management is through debt consolidation services which [more...]
Date: 2009-01-15 18:24:23
Dollar, despite budget deficit, quantitative easing, is still holding its own
Dollar, despite budget deficit, quantitative easing, is still holding its own Posted Jan 13th 2009 4:40PM by Joseph Lazzaro Filed under: ... . Further, the U.S. government is piling on debt and public borrowing at almost a faster rate than Mexico and Argentina did during "the bad old days" decades ago. And yet the dollar continues to hold [more...]
Date: 2009-01-13 23:36:07
Quango Irish Bank.
So, starting close to home, finally, it’s Anglo Irish Zero ... under its hood – you can’t pretend the bill isn’t yours – and, overnight, the Irish national debt ... encumber the State with a truly huge amount of total junk – the problem is that they're probably going [more...]
Date: 2009-01-16 02:21:50
Thoughts for a Thursday Morning
© Zoriah/www.zoriah.com The Twelve Editorial Rules for Middle East Reporting1) In the Middle East it is always the Arabs who attack first and always Israel that is defending themselves. This defense is called a reprisal. 2) The Arabs, Palestinian or Lebanese have no right to kill civilians. That is called “terrorism.” 3) [more...]
Date: 2009-01-15 15:06:00
Will Obama Nationalize U.S. Private Pensions?
Earlier today I received an email from a concerned member of the Sovereign Society: " ... . In 2001 Argentina defaulted on $95 billion worth of government debt after a three-year economic meltdown that left Buenos Aires in bankruptcy. At the time, that was the biggest government debt default [more...]
Date: 2009-01-16 02:42:07
Today's Financial Markets News - Jan-14-09
By The Greek - Economy & Markets:Visit the front pages of Wall Street Greek and Market Moving News to see our current coverage of economic reports and financial markets.We've compiled, sorted and analyzed the day's market-moving news for you. Today's financial news highlights: dire December retail sales; diving import & export prices; [more...]
Date: 2009-01-14 18:00:00
Credit Crisis Watch: Gaining Positive Traction
In order to gauge the progress being made to unclog credit markets and restore confidence in the world’s financial system, I monitor a range of financial spreads and other measures. By perusing these, as summarized in this “Credit Crisis Watch” review, [more...]
Date: 2009-01-14 13:30:49
Euro arguments
I debated the euro with Peter Oborne of the Daily Mail yesterday on Radio 4's You and Yours phone-in programme. It wasn't quite down to Galloway levels, but it was not a discussion characterised by profound mutual respect.The Mail ran a news story - a news story - on 28 December 2001, [more...]
Date: 2009-01-14 16:36:03
The Cost of our Wars and the Bailout; Angry Muslims
Cross-posted by Maggie at Maggie’s Notebook Value of 2008 Bailouts Exceeds Combined Costs of All Major U.S. Wars - that’s ALL major U.S. Wars ... to the major U.S. wars and other major historical government expenses. “Today, families are in debt and government is in debt. According to Bloomberg, the federal government has made commitments worth [more...]
Date: 2009-01-08 01:36:20
UK - Forestalling Foreclosure: A new role for local authorities
Forestalling Foreclosure: A new role for local authorities Source: New Local Government Network (NLGN) ... addressing worklessness, housing, child poverty and debt. There have also been increasing calls ... and mortgages to help their local housing market. The NLGN recommends that lenders should be required [more...]
Date: 2009-01-16 02:47:45
Dandelion SaladBy Mike Whitney January 16, 2009 “Information Clearinghouse“There’s no guarantee that Obama’s stimulus package will work, but there is growing consensus that something has to be done…and fast! The economy is contracting faster than anytime since the 1930s [more...]
Date: 2009-01-16 02:25:29
Google endorses the cloud channel
With the launch of its Authorized Reseller program today, Google publicly acknowledges something that’s been privately evident for some time: ... Revevol’s CEO Laurent Gasser told me yesterday, emphasizing Google’s debt to his company: “Once [more...]
Date: 2009-01-14 15:44:02
Deregulation Japan-style: on the (local) grog
Author: Luke Nottage (with thanks to Ichiro Araki) ... of much accumulated government debt. The country was then hit by the collapse of its export markets ... , evident in product safety or consumer credit re-regulation. On the other hand, deregulation [more...]
Date: 2009-01-15 05:00:05
Deals of the Day: Dow Chemical Ready to Sue Kuwait For Breakup Fee
Deals of the Day, compiled by Stephen Grocer and Heidi N ... the TV Guide Network and TV Guide Online properties from Macrovision Solutions Corp. for $255 million ... Markets Debt: “The credit markets may struggle to find a “magic cure” for protracted woes this year [more...]
Date: 2009-01-06 12:52:35
UK Gov’t to Make Annual Deficit Cuts Legally Binding
Britain will make annual budget deficit reduction a legal commitment in order to bind future governments to getting the national debt down, finance minister Alistair Darling said on Monday. Latest in World Markets Klik her for at læse hele nyheden [more...]
Date: 2009-09-28 12:12:02
US$ Remains Range-Bound Despite Half Percent Cut from the ECB
The US$ is stronger this morning against the EUR while remaining range-bound against the JPY and GBP ... remains in a dire state with S&P having cut Greece’s sovereign debt rating, thus increasing the cost for the Greek government to borrow money. The rating agency has also threatened to lower its rating [more...]
Date: 2009-01-15 14:10:09
Research Oracle roundup for 15 January 2009
Earning Release Shaw Communications Inc.’s (NYSE:SJR) 1Q 09 revenues, EBITDA and operating income were in line with our expectations, while adjusted1 net income was below our estimate. As the overall results were broadly in line with our expectations, we maintain our BUY rating for the common stock [more...]
Date: 2009-01-15 17:34:17
Sensex sheds 3.45% as US bank crisis deepens
Weak global equities and a deepening banking crisis in the United States pulled the domestic bourses lower in choppy trade. Nevertheless, the market cut sharp intraday losses as index heavyweight Reliance Industries (RIL) and IT pivotals recovered from lower level. The BSE 30-share Sensex lost 323.75 points, or 3.45%, off 100 [more...]
Date: 2009-01-15 14:32:00
Wheel out the photocopiers, Darling!
Gordon Brown and Alistair Darling, yesterday. A few days ago, ... by billions and using the extra cash to buy assets ranging from government or commercial debt ... , the Telegraph has now cottoned on to the story... The Government is set to throw out the 165-year old law [more...]
Date: 2009-01-12 18:29:01
The definition of insanity
First off, apologies for going AWOL; I’ve been without heat for six days — I was sincerely grateful for some this morning when the thermometer read ... , and then issued an … ummm … apology. Oopsie. Doesn’t care that the national debt has increased [more...]
Date: 2009-01-15 22:34:43
Video-O-Rama: Figuring out the lie of the financial land
Video-o-rama: Figuring out the lie of the financial land In addition to more “Outlook for 2009″ videos (dealt with in last week’s Video-o-rama), the past week saw material covering a hodgepodge of topics. Although the topics were varied, good viewing material was produced, with the likes of Marc Faber, Peter Schiff, Martin Feldstein, [more...]
Date: 2009-01-08 06:26:08
Some words for NESTA Investments
In a recent TechCrunch article, Nick Halstead of fav.or.it wrote some observations on the government’s new debt-related support interventions for small and medium businesses. For odd reasons, though, he concluded the article with a brief “scathing” [more...]
Date: 2009-01-15 16:58:26
Is Israel the next Iceland?
Bloomberg.com reports that Israel may be the next country to be dragged down by the ongoing world financial crisis.The country’s 15 largest real estate companies have about 140 billion shekels in overall debt ... to do so in the future.” About 50 billion shekels of that debt is in the hands of those saving [more...]
Date: 2009-01-15 06:30:00
Cameron offers savings tax cut plus clamp on public spending
David Cameron took the side of savers hit by tumbling interest rates yesterday and promised to abolish tax on the savings income of all basic-rate ... , he said, was facing a "catastrophic legacy of debt and disrepair"; he sometimes wanted to shake [more...]
Date: 2009-01-06 00:06:23
UK commercial-property firms need to raise $20 billion this year
Meanwhile, back in the UK property market.....Jan. 14 (Bloomberg) -- U.K ... sheets at a time when financing is scarce, according to estimates by Bernd Stahli, an analyst ... ., Hammerson Plc, Liberty International Plc and Segro -- have combined debt of 19 billion pounds ($28 [more...]
Date: 2009-01-14 18:43:00
Will Barack Obama save World economy?
American Stock markets make a sharp remarkable bounce back on the news of Obama’s bailout plan and rescue plan for Bank of America ... and huge debt. Obama’s stimulus package also includes many sops like including a further extension [more...]
Date: 2009-01-15 20:44:00
Sony Vaio P Review: Hands On With The Netbook/Lifestyle PC (Part 2/2)
Sony Vaio P Review: Hands On With The Netbook/Lifestyle PC (Part 2/2) ! Posted by Mike Slocombe on 15 January 2009 | Tagged as: Platforms, Sony, Mobile, Reviews, Computer-Centric Part one of our Sony Vaio P Review was wowed at shiny colours; initial impressions on opening it and amazing screen resolution. Here’s the concluding section. [ [more...]
Date: 2009-01-15 13:11:08
European Central Banks Face Hurdles to Quantitative Easing
With interest rates coming down to rock-bottom levels, Europe’s central banks are having to look at alternative policy tools, ... in a variety of different ways, including the purchase by the central bank of government debt or private [more...]
Date: 2009-01-14 17:55:30
European Central Banks Face Hurdles to Quantitative Easing
With interest rates coming down to rock-bottom levels, Europe’s central banks are having to look at alternative policy tools, ... in a variety of different ways, including the purchase by the central bank of government debt or private [more...]
Date: 2009-01-14 20:54:00
Ireland And An Unstable Europe, Again
According to Bloomberg (citing the RTE website), the Irish Prime Minister said in Toyko today that Ireland may need to call in the IMF if economic ... , is that Ireland is not alone in facing economic difficulties - the risk of default, potential debt [more...]
Date: 2009-01-14 14:43:22
Wednesday morning links
#fullpost{display:inline;}TOP STORIESRetail sales slump 2 ... to Sell Debt as Losses Erode Funds - BloombergPension Losses Could Whack 2009 Corporate Profits ... recycling - Christian Science MonitorSome States in a Pinch May Raise Gasoline Tax - NY [more...]
Date: 2009-01-14 14:02:00
Wall Street Breakfast: Must-Know News
Fake profits shake Satyam. Satyam (SAY) shares are down over 70% in Indian trading after B. Ramalinga Raju, the company's founder and chairman, resigned and admitted over $1B of Satyam's balance sheet as of Sept. 30 was inflated non-existing cash and bank balances [more...]
Date: 2009-01-07 12:15:15
Debt Problems Just A Part Of Everyday Uk Life
Debt Problems Just A Part Of Everyday Uk Life Posted in January 15th, 2009 Category: ... Debt Relief It seems that everyone in the UK has debt problems of some kind. Some people ... of debt. Undoubtedly there is a buy now, pay later culture in Britain which isn’t a healthy habit [more...]
Date: 2009-01-15 23:31:37
The 5 Million Frequent Flyer Mile Challenge
... or credit card spending, this project is definitely not for you. I have a healthy paranoia about debt, so it’s not a problem for me, but if you can’t possess a credit card without spending money [more...]
Date: 2009-01-08 01:38:16
Wolf Versus Pettis on US Stimulus, Fiscal Deficit (Not for the Fainthearted)
Martin Wolf has a very good comment in the Financial Times, "Why Obama’s plan is still inadequate and incomplete," ... 6) I argued that the debt-encumbered US private sector would now be forced to save .... The excess [more...]
Date: 2009-01-14 15:43:00
On Freedom of Expression, Intellectual Hegemony and Hate Speech: An official Protest on Pak Tea House’s Editorial Policy
This letter was written to the editor of PTH and my dear friend Raza Rumi. He was kind enough to publish an edited version of this letter.The basic aim of this letter was to highlight the fact that intellectual and progressive history shows that Fascist, [more...]
Date: 2009-01-15 16:36:51
Castro’s Cuba Leaves Nothing to Be Admired
I have a very close friend (who shall go unnammed) that seems to admire Fidel Castro ... : President Ford announces softening of the embargo, letting foreign subsidiaries of U.S. companies sell [more...]
Date: 2009-01-06 06:33:42
Historian Re History
Posits it will shows George W. Bush was right. Andrew Roberts at UK Telegraph: At the time of 9/11, ... inter-agency co-operation demanded by Bush after 9/11. The next factor that will be seen [more...]
Date: 2009-01-15 11:36:48
I Want 'My News', Now and for Free!
Much has been written of late about the state of the newsprint industry ... in the UK and everywhere we saw the rise of the free local paper. Established local papers were ... such as Craiglists and the Google online ad machine. In the UK market, the downturn in the economy [more...]
Date: 2009-01-14 13:56:00
Debt Help Companies in Review
Debt Help Companies in Review Posted in January 15th, 2009 Category: ... Debt Relief Debt Help companies in the UK have been under the microscope ever since they started ... has serious debt problems. Consumer spending is out of control and ... [more...]
Date: 2009-01-15 21:15:06
Willem Buiter Argues Against Eurozone Breakup Worries
Predicting the demise, or at least the marginalization of the euro is a popular pastime for some writers ( ... national government.... The relevant passages from Authers’ The Short View follow in full: Greece [more...]
Date: 2009-01-15 06:58:57
Human Trafficking in the News
In protest of human trafficking Enterprise-Record - Chico,CA,USA At the Chico City Plaza on Sunday, ... ,USA Human trafficking is modern day slavery exercised through forced labor, debt, bondage, forced [more...]
Date: 2009-01-15 17:36:58
Caprock Analytics Stock Ratings
Stock-Net presents custom stock ratings, powered by Caprock Analytics. These stocks, which represent a small portion of all rated stocks, highlight a sample of the strongest rated stocks from over 4,000 stocks that are actively tracked and analyzed by Caprock Analytics [more...]
Date: 2009-01-15 18:02:49
Russia's gas diplomacy underlines the need for a common EU external energy security policy
Russia's use of gas as a diplomatic weapon by totally and unilaterally interrupting its gas flow to Ukraine has once again proved why we need a ... on which Russia partly turned off the taps [more...]
Date: 2009-01-11 22:57:45
GLG launches fund to buy company debt
GLG Partners, one of London's largest hedge funds, has launched a new fund to invest in the debt of troubled UK and European companies.The fund will be one of the most significant launches in London so far this year, as a growing number of hedge fun ... [more...]
Date: 2009-09-29 01:47:17
Eliminating Every Risk Unsecured Debt Consolidation Loan
Eliminating Every Risk Unsecured Debt Consolidation Loan Eliminating Every Risk Unsecured Debt Consolidation Loan By: ... that the people have only enjoyed and went on achieve more with the help of the unsecured debt consolidation ... then my advice will be to go in for unsecured debt consolidation loans. What unsecured debt [more...]
Date: 2009-01-16 03:14:21
Nortel Files For Bankruptcy Protection
Nortel Network, a Canadian-based manufacturer of telecommunication equipment, has filed for bankruptcy protection in the United States, ... to settle debt interests, which have ac Technorati Tags: nortel network, nortel network bankrupt [more...]
Date: 2009-01-16 03:04:49
Nortel Australia reassures customers
Nortel has reassured Australian customers that it's business as usual for its local operation, ... financing," he continued, talking about the company's long term debt. "We've picked the time [more...]
Date: 2009-01-16 00:44:01
Mecom Offloads German Newspapers For €152 Million To Ease Debt Pressure
Mecom Offloads German Newspapers For €152 Million To Ease Debt Pressure By Patrick Smith - Tue 13 Jan 2009 02: ... million), in a move designed to ease the the company’s €650 million (£512.2 million) of net debt ... of its debt arrangements at the end of February. The offloaded titles contributed about €20 million (£15.7 [more...]
Date: 2009-01-13 13:07:51
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