Archive for November, 2009

South African Credit Drops for First Time in 43 Years (Update1) (Bloomberg)

Written by Admin on Monday, November 30th, 2009 in Uncategorized.

Nov. 30 (Bloomberg) — South African credit demand fell for the first time in 43 years in October as companies curbed expansion plans and consumers cut back on spending.

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Green Planet Group Acquires Financial Services Company (Business Wire via Yahoo! Finance)

Written by Admin on Monday, November 30th, 2009 in Uncategorized.

SCOTTSDALE, Ariz.—-Green Planet Group, Inc. announced today that it has completed the acquisition of Big Sky Lending, LLC, a financial services company that will immediately begin providing a wide array of services to the 4,400 active employees of Lumea, Inc, a “Green Collar” staffing subsidiary of GNPG.

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Two jailed for dud cheques (Gulf Daily News)

Written by Admin on Monday, November 30th, 2009 in Uncategorized.

A MAN who tried to pay off debts of BD53,211 with dud cheques has been jailed for two years. The unemployed Bahraini was convicted of fraud by the Lower Criminal Court.

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Banks report rise in 9-mo auto, housing loans (Philippine Daily Inquirer)

Written by Admin on Monday, November 30th, 2009 in Uncategorized.

Car and housing loans extended by banks rose by 17.4 percent as of September, as demand for automobiles and residential properties continued to rise despite the hard times.

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Blanc in court over recluse’s death (The Cincinnati Enquirer)

Written by Admin on Sunday, November 29th, 2009 in Uncategorized.

The former housekeeper and her adult son accused of killing a reclusive 73-year-old millionaire are scheduled to appear in court Wednesday.

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Online sources invaluable in financial plans (Pocono Record)

Written by Admin on Sunday, November 29th, 2009 in Uncategorized.

“Your Money Counts” is a new, occasional column written by a Shawnee-on-Delaware financial planner, Erin Baehr.

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Cautionary saga of a failed San Francisco bank (San Francisco Chronicle)

Written by Admin on Sunday, November 29th, 2009 in Uncategorized.

United Commercial Bank of San Francisco liked to boast that it was the first U.S. bank to buy a bank in China. Instead it will go down in history as the first U.S. depository institution to fail after its parent company took money from the Treasury’s Troubled… San Francisco - China - United States - United Commercial Bank - Parent company

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Is this bye-bye Dubai? (Daily Telegraph)

Written by Admin on Saturday, November 28th, 2009 in Uncategorized.

The emirate dazzled the world with its extravagance but now wants to defer its debts. What happened, asks Richard Spencer.

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Nigeria : FG Pledges to Encourage Manufacturing Sector (AllAfrica.com)

Written by Admin on Thursday, November 26th, 2009 in Uncategorized.

Kaduna — Vice President, Dr. Goodluck Jonathan has said Federal Government has no other choice than to encourage and “re-stimulate the manufacturing and transport industry in order to promote economic growth.

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Sen. Tester holds economic round table meeting in Billings (Billings Gazette)

Written by Admin on Wednesday, November 25th, 2009 in Uncategorized.

Benefiting from one of the state’s healthiest economies,Billings business leaders on Tuesday advised Sen. Jon Tester ,D-Mont, against over-regulating banks and one-size-fits-all federalprograms.

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