Audit body: Bonus to dancing inmates illegal

"CEBU CITY -- Illegal bonuses to prisoners and the unregulated use of government phones were among the alleged lapses that state auditors found in the Cebu Provincial Government’s transactions last year. The Commission on Audit (COA), in its annual report released...

Fifth of Burmese aid cash lost to exchange rate trick

The situation in Burma after getting hit by Cyclone Nargis is back in the headlines. This time, it has much to do with money issues. " International aid agencies helping the victims of the devastating cyclone in Burma are losing as much as a fifth of the money that they...

Iran No Longer Accepts US Dollars for Oil

As fears grow that both China, with its massive foreign currency reserves, and the Middle Eeastern oil states will move from the dolalr to the euro as their favored international currency, Iran has announced that...

Bankers vs Rogues: Halifax Axes World of Warcraft Payments

Halifax UK, citing a high volume of fraud, has entered combat by blocking transactions between its Visa and Mastercard credit cards and MMORG (Massively multiplayer Online Roleplaying Game) World of Warcraft. A...

Bank uncovers $7 billion fraud by single trader

"PARIS (AP) -- Societe Generale uncovered a $7.14 billion fraud -- one of history's biggest -- by a single futures trader who orchestrated a series of bogus transactions that spiraled out of control amid roiling markets this week, the French bank said Thursday. Executives...

Don't Bank on Technology to Protect you.

OpinionBarry Artiste, Now Public ContributorIn the 1950's Techno Experts in vacuum tube technology theorized that advances in transistors would now make Computer Technology faster , smaller and affordable for...

Irish Royal visit is 'inevitable'

"A visit to the Republic of Ireland by Queen Elizabeth II is inevitable, Irish Prime Minister Bertie Ahern has said. Mr Ahern was speaking on RTE radio on Christmas Eve when he made the comment. "I think she will...

Facebook Users say Tracking Tool Published Purchases Without Their Consent

And so it begins...or continues, at any rate. The issues regarding privacy have always abounded with the proliferation of sites like myspace and facebook, and I wouldn't be surprised to hear about a lot more of...

VP: Switch from dollar to euro in oil transactions must be discussed first

"Vice President M Jusuf Kalla said Indonesia agreed to Iran`s proposal that oil transactions would be carried out in the euro or in any other currency, and no longer in the US dollar, but further discussions on...

Amsterdam orders famed sex club to close

I'm not going to touch this one but I thought it was an interesting article about the workings of society."AMSTERDAM, Netherlands - One of Amsterdam's best-known sex clubs has become the latest target of the city's crackdown on organized crime infiltration of the city's world...

2007 forex reserve may reach US$56.655 billion

""Early in the year when the world oil price was assumed at US$62 per barrel, the state`s foreign exchange reserve amounted to US$54.3 billion. With the change of the average oil price to US$69.8 per barrel (BI`s...

Customer debit PINs swiped from West Van mall

The 1939 Worlds Fair titled "Tomorrowland" touted Technology will make life easier for Humans in the Future, one wonders if  Scientists then  knew how technological advances would make it easier for...

Homeland Security revives supersnoop

"Homeland Security officials are testing a supersnoop computer system that sifts through personal information on U.S. citizens to detect possible terrorist attacks, prompting concerns from lawmakers who have...

Get Less With The “Get More” Mobile Network :: Symblogogy

"Ever wonder why consumer societies in other countries like Japan, Korea, The Netherlands, and etc. are able to use their cellphone for more than … well, email?"

Writing Checks Almost So … Last Century :: Symblogogy

When was the last time anyone drags a checkbook around with them every time they leave the house and run errands? OK, if one doesn’t have American Express, one still needs a checkbook for an outing at COSTCO,...

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