Small Business Loans for Entrepreneurship Business lending continues to be listed as a key reason small businesses are struggling in the recovering economy. This roundup deals with a look at the latest efforts to correct the situation and takes a closer look at the realities involved. Read more on Business Insider Avanza Bank: Interim report [...]
Thursday, July 7, 2011
Temasek Seeks Opportunites in China as Long-Term Outlook Remains Bullish Temasek Holdings Pte, Singapore’s state-owned investment company, is “bullish” on China and seeking deals even after selling some of its stakes in two of the nation’s banks this week for .6 billion. Read more on Bloomberg China to act on local debt worries China has [...]
Monday, July 4, 2011
Corn Gets Creamed Today’s Huge Ag boom is sponsored by ethanol subsidies from the state. Read more on Ludwig von Mises Institute Nigeria: Obasanjo Suggests Incentives for Youth Farmers Former President Olusegun Obasanjo over the weekend in Ibadan advocated increased incentives from Federal, Says and Local governments in the country to stimulate the interest of [...]
Monday, June 27, 2011
Credit union offers secured credit cards GFA Federal Credit Union recently announced that it is further helping its embers establish or rebuild their credit with the introduction of secured credit cards. Read more on Sentinel & Enterprise McCain: Egypt military wants power transfer – Navy News | News from Afghanistan & Iraq – Navy Times [...]
Thursday, June 23, 2011
FEMA turns down Commonwealth’s appeals for tornado assistance RICHMOND, VA (WTVR) – The Federal Emergency Management Bureau (FEMA) denied the governor’s three appeals for federal assistance to help residents after an outbreak of tornadoes in April. Read more on WTKR Norfolk PM of indebted Portugal flies economy to set example LISBON (Reuters) – Portugal’s new [...]
Monday, June 20, 2011
PNC purchases Royal Bank of Canada’s U.S. banks for .45B NEW YORK (AP) — PNC Financial Services Group Inc. stated Monday that it is buying the U.S. retail operations of Royal Bank of Canada for .45 billion. PNC stated that the transaction will bring its total to 2,870 branches and make it the fifth biggest [...]
Tuesday, June 7, 2011
Halliburton, General Electric, Strauss-Kahn, Credit Suisse in Court News The U.S. Supreme Court made it easier for investors to press securities fraud suits, ruling for shareholders who accuse Halliburton Co. (HAL) of misrepresenting its financial condition while under Dick Cheney’s leadership. Read more on Bloomberg Australian Miner Opts For Chinese Funding Over IPO Mining magnate [...]
Saturday, June 4, 2011
China’s backdoor bank rescue sends blended message The proposed reshuffle is equivalent to 4.7 percent of China’s existing loans, and 27 percent of local governments’ outstanding bank borrowings. Read more on The Economic Times Stocks tank after soft US jobs data Stocks slid Friday after figures showed the U.S. generated far fewer jobs than anticipated [...]
Thursday, June 2, 2011
Renegade Bulgarian MPs Threaten to Hand Over Nationalist Leader to Prosecution MPs from Bulgaria’s nationalist celebration Ataka have been forced to sign promissory notes turning them into guarantors of loans taken by offshore companies, stated Valentin Nikolov, former Ataka MP. He threatened to refer the matter to the Prosecutor’s Office. Nikolov, who also chairs the [...]
Tuesday, May 24, 2011
Bank of America makes .3B in loans, investments in Md. Goal to help underserved, minority communities Bank of America, Maryland’s largest bank by deposits, stated Thursday that it made .3 billion in community development loans and investments serving low- and moderate-income, minority and underserved customers in Maryland last year. Read more on Baltimore Sun Greece [...]
Tuesday, July 12, 2011
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