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Federal Reserve’s Latest Plan ‘Operation Twist’ Will have No Significant Impact on the Sagging American Economy
The Federal Reserve’s latest plan to prop up the sagging American economy, known as Operation Twist, won’t have a significant impact, says a finance expert at Washington University in St. Louis. How People Arrived Here: operation twist timeline, timeline...
Investment Club Manager Pleads Guilty to $40m Fraud
Alan James Watson, 46, of Clinton Township, Mich., pleaded guilty today to fraudulently soliciting and accepting $40 million from more than 750 members of his investment club and losing nearly all of it through non-disclosed, high-risk investments. Victims...
European Union Issues 5b Euro 10 Year Bond to Finance Loan for Portugal
A € 5 billion bond with 10 years maturity has been launched by the European Commission on behalf of the European Union (EU). The operation took place under the European Financial Stabilisation Mechanism (EFSM). The funds raised will finance a further...
Deputy Finance Minister Nhlanhla Nene Says South African’s Need to be Mindful of the Backlogs That Remain for Municipal Services
While access to basic services is improving, many South Africans are still waiting for municipal services, Deputy Finance Minister Nhlanhla Nene said on Monday.
Crude Oil Analysis for the Week of September 12, 2011
November Crude Oil finished the week slightly better after ping-ponging between a pair of Gann angles at $87.39 and $86.61. Volatility was also high, helping to form an outside move for the week.
Insured And Still At Risk: Number of Underinsured Increased 80 Percent Between 2003 – 2010
The number of underinsured adults—those with health insurance all year, but also with very high medical expenses relative to their incomes—rose by 80 percent between 2003-2010, from 16 million to 29 million, according to a new Commonwealth Fund study...
Cheque Truncation System Becomes a Reality At the Bank of Mauritius
Cheque Truncation System (CTS) has now become a reality at the Bank of Mauritius when it was launched on September 6, the Central Bank said in a press release in Port Louis on Wednesday. How People Arrived Here: rundheersing bheenick cheque trucation
National Treasury’s Special Pensions Unit Reduces Backlog for Pension Applications of Liberation Veterans By 99%
Deputy Minister of Finance, Nhlanhla Nene, has praised the National Treasury’s special pensions unit for reducing the backlog for pension applications of liberation veterans from 3,810 outstanding applications to 48 by last month.
