President Obama to Hold Banking Summit Monday

" Click to enlarge. President Barack Obama plans to hold a Banking Summit Monday, according to a Bloomberg report today. Among those participating in the event, said to be a forum for discussing the president’s proposals to boost small-business lending and overhaul...

What will the US Dollar do?

Ben Bernanke the chairman of the Fed, said in a speech at the National Economists Club in Washington, in November 2002:“Like gold, U.S. dollars have value only to the extent that they are strictly limited in...

Under-pressure David Cameron issues election call in UK

Tory leader David Cameron came out swinging against Uk prime minister Gordon Brown this morning, accusing the prime minister of ruining the future UK economy by borring at the start of a recession. He essentially...

We can kick start the economy with cash, Brown urges world leaders

UK prime minister Gordon Brown is making the case that Britain will have to undertake a stimulus package similiar to that being proposed in other countries in order to revive the economy. But so far, the specifics of how this would be done haven't been desctribed. Brown could...

Financial crisis: FTSE drops to five-year low

The pound is continuing to plummet against the dollar as fears continue about a global recession. The FTSE has also dipped to a five-year low."The pound lost more than six cents against the dollar as renewed fears...

Pakistan govt borrowing Rs2.5bn a day

" The cash-strapped Pakistan government has made aggressive borrowing from the State Bank of Pakistan in the first two months of the current fiscal year for its budgetary support and has been borrowing at the rate of about Rs2.5 billion a day. The central bank reports that...

International debt issuance hit by market turmoil: BIS

"Turbulence in global financial markets caused a sharp drop in the number of international debt securities issued in the third quarter, the Bank for International Settlements said.Bonds and notes worth 396 billion dollars (270 billion euros) were issued between June and...

Ghana Film Premieres: Sunday 16th December

The final two films in WORLDwrite's Pricking the Missionary Position film series are complete! As the fiftieth anniversary year of Ghana's independence from British colonial rule draws to a close, it's a good time...

IPOD Generation Faces 49 % Taxes

A study carried out by Reform an independent, non-party think tank, suggest there is a better way to deliver the public sector. Their vision is of a Britain with a 21st Century tax system, which introduces...

Rate cut looms as calm is restored

"Hopes of an early cut in interest rates after the Northern Rock crisis leapt yesterday as inflation took a surprise tumble and the US made an aggressive reduction in its rates by half a point. As the run on Northern Rock appeared to have all but petered out, the odds of...

OECD warns of 'ominous' risks to world economy

Economic prospects in the US, Europe and Japan have become less buoyant and more uncertain, US growth is likely to be weighed by a weaker housing sector while activity in the Euro area and Japan should pick up after the second quarter slowdown said OECD chief economist...

WORLDwrite Newsreel: Who needs the G8? (3 parts)

This first WORLDwrite newsreel features experts and a studio audience unpicking the G8's impact on the developing world. The programme critically appraises the low horizons of anti-poverty campaigners and their...

Green Borrowing: You can feel good about owning a home

Whether your mortgage lender requires you to donate to charities or organizations that support environmental initiatives or it won't even speak to you if you're asking to borrow for a riding staple, or a holiday...

more students are reaching the borrowing limit and more quickly

First year students can now borrow up to $3,500 to pay for their first year.

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