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  • Sino-Vietnamese South China Sea war,Blood oil and American Interest: The inevitable Wednesday, July 20, 2011 @ 3:14AMNow Much to China's dismay, the South China Sea dispute has become an open-house party: the US is invited by many to host the show, and even China's arch rival India will tag along . The biggest allure for the party is oil, 7.5 billion barrels of the liquid gold deposited in the region--- well-exceeding 80 percent of the entire Saudi kingdoms' reserves, according to Chinese estimates.
  • Moody's downgrades Banque Bemo to Aa3.lb; outlook negative (Lebanon) Wednesday, July 20, 2011 @ 3:00AMLimassol, July 19, 2011 -- Moody's Investors Service has today downgraded to Aa3.lb from Aa2.lb Banque Bemo Banque Bemo 's ( Bemo Bemo ) long-term national-scale rating (NSR). The outlook on the rating is negative.
  • Terrace Capital, Inc.- $7.2MM Non-Recourse Multifamily Loan -Atlanta, GA Wednesday, July 20, 2011 @ 2:50AMTerrace Capital, Inc., represented an established, local multifamily real estate developer (MSC Investment & Management) in the refinance of Sierra Forest Apartments, a 272-unit class B, apartment complex located at 6660 Mableton Parkway in the city of Mableton, Cobb County, Georgia. The city of Mableton is located in the Atlanta Metropolitan Statistical Area and has a population of ...
  • Scenarios: Possible impact of a Greek ratings default Wednesday, July 20, 2011 @ 2:01AMLONDON (Reuters) - As euro zone officials tackle the debt crisis, they must weigh the threat of any downgrade of Greek debt ratings to default or selective default, which would add fuel to the contagion that has taken hold of bigger euro zone economies in recent weeks.
  • Long-term foreign investment grows in Indonesia: central bank Wednesday, July 20, 2011 @ 12:57AMThe influx of foreign funds to Indonesia has begun to move to long-term investment including foreign direct investment (FDI), easing the risk of a sudden reversal, the Jakarta Post quoted an official from Bank Indonesia (BI), the central bank.
  • Funds available for socially disadvantaged farmers Wednesday, July 20, 2011 @ 12:18AMFarm operating and farm ownership loans are available for women and members of minority groups who want to purchase or operate a family-size farm, officials have announced.
  • Issuance of loan eligibility cards tardy: Lok Satta Tuesday, July 19, 2011 @ 11:56PMHyderabad, Jul 19 : The Lok Satta Party today voiced concern over the slow pace of issuance of loan eligibility cards to tenant farmers and the banks’ ''reluctance'' to grant loans against the cards.
  • Why GOP vows to block Obama nominee for consumer-watchdog agency Tuesday, July 19, 2011 @ 10:31PMPresident Obama on Sunday at last named his choice to lead the new consumer watchdog agency created by Congress in sweeping financial reforms a year ago.
  • B2B CFO EXPANDS IN KENTUCKY Tuesday, July 19, 2011 @ 6:13PMMt. Washington, KENT March 21, 2011 B2B CFO is pleased to announce its expansion in Kentucky with the addition of Patrick Cowan as the firms newest partner near Louisville. Cowan is joining B2B CFO after a 27-year successful corporate career in finance. He joins four other B2B CFO Partners in Kentucky who currently provide CFO services to local business owners. With close to 200 partners...
  • OPIC may triple India portfolio by Dec: CEO Monday, July 18, 2011 @ 8:51AMOverseas Private Investment Corporation (OPIC), a development finance institution of the US Government, may triple its portfolio in India to $ 750 million by December this year, its President and Chief Executive Officer (CEO), Ms Elizabeth Littlefield has said.
  • Zacks Bull and Bear of the Day Highlights: Huntington Bancshares, Genworth Financial, Public Service Enterprise Group ... Monday, July 18, 2011 @ 8:30AMZacks Equity Research highlights Huntington Bancshares Inc. as the Bull of the Day and Genworth Financial as the Bear of the Day. In addition, Zacks Equity Research provides analysis Public Service Enterprise Group Inc.
  • JSE in the red on euro-zone worries Monday, July 18, 2011 @ 8:06AMThe JSE continued in the red on Monday afternoon as global markets remained concerned about the euro-zone debt crisis. A local trader said that gold stocks were the only performers at midday on the back of a higher gold price and a weaker rand.
  • Vulnerable to U.S. Debt, and Left Waiting Monday, July 18, 2011 @ 7:25AMDespite direct exposure to a U.S. debt downgrade or default, there is little Asia can do but watch and hope that Washington finds a solution.
  • Four More CRE Lenders Fail Monday, July 18, 2011 @ 7:19AM55 banks have now failed across the country with the addition of four more at the close of business last Friday. CRE loans accounted for 79% of the total lending made by the four institutions and most of that was for nonresidential properties. Combined, the four banks held $158 million in distressed or delinquent CRE assets - about 23% of their total assets. In Georgia, Ameris Bank in Moultrie ...
  • Meta Financial Group, Inc.® Reports 2011 Third Quarter Results Monday, July 18, 2011 @ 7:00AMMeta Financial Group, Inc.®
  • Italy sell-off deepens on debt worries Monday, July 18, 2011 @ 6:56AMMILAN (Reuters) - Shares in Italy's banks dived again Monday after the results of European stress tests failed to allay fears over their prospects, adding to growing worries over the country's public finances.
  • Interest rates: Will savers ever see them rise again? Monday, July 18, 2011 @ 6:31AMInterest rates are so low now that it makes sense to pay off even low-interest debt. But interest rates will rise again.
  • MGIC Investment Corporation Reports Second Quarter 2011 Results Monday, July 18, 2011 @ 6:00AMMGIC Investment Corporation today reported a net loss for the quarter ended June 30, 2011 of $151.7 million, compared with net income of $24.6 million for the same quarter a year ago.
  • ECB Will Not Accept Greek Bonds As Collateral, Trichet Repeats Monday, July 18, 2011 @ 5:41AMEuropean Central Bank President Jean-Claude Trichet reiterated that the bank would not accept Greek government bonds as collateral, in the event of a default.
  • UPDATE 2-China's Hanlong makes $1.5 billion bid for Sundance Sunday, July 17, 2011 @ 11:51PM* Hanlong wants all of African iron ore developer Sundance * Will pay A$0.50 a share, valuing Sundance at $1.5 bln * Sundance says take no action * Sundance questions adequacy of bid * Sundance shares ...
  • BakuToday Sunday, July 17, 2011 @ 10:27PMin Lithuania, Latvia and Estonia, the Baltic countries continue to compare the various categories. Today, 13 June, we publish material about the investment climate in the “Baltic Tigers”.
  • North Carolina Economist Offers A Brief Chronological Explanation of The Federal Financial Crisis In America: Sunday, July 17, 2011 @ 10:21PMAtlanta - Why Federal Spending and Debt Creates Speculative Bubbles And Not Authentic Economic Growth. July 15, 2011 http://bit.ly/rbiAOG
  • Debt ceiling could greatly affect farming industry Sunday, July 17, 2011 @ 10:06PMThe squabble on Capitol Hill has left Americans wondering what will happen if the federal government defaults on its loans - especially farmers.
  • UPDATE 1-Sundance gets $1.5 billion bid proposal from Hanlong Sunday, July 17, 2011 @ 8:18PM* Hanlong wants all of African iron ore developer Sundance * Says will pay $1.5 billion, or A$0.50 a share * Sundance says take no action * Sundance questions adequacy of bid (Adds details) SYDNEY, July ...
  • Hanlong makes play for Sundance Sunday, July 17, 2011 @ 6:57PMMiner says $1.4 billion undervalued, shares surge 27.5%. 18 Jul 2011 1:53 PM
  • The rule of “build less – prices are higher” in Moscow no longer works: experts Sunday, July 17, 2011 @ 3:58PMBy midsummer 2011 the real estate market of Moscow and Russia was again at a crossroads, as, indeed, the entire macro-economic situation in general. The first half of 2011, it would seem, finally convinced everyone that the crisis is over, reminded the correspondent BakuToday in the analytic center IRN.ru.
  • Gal Oya sugar by November Sunday, July 17, 2011 @ 2:37PMThe multi-purpose Gal Oya Sugar Factory Complex operated by the consortium of LOLC and Browns Group will open in November. The factory, with the consortium having 49 percent stake and the government 51 percent will produce brown sugar, electricity and also supply purified water to the national grid.
  • FDI in Romania fell 23.3 pc in the first five months, to EUR 799 M, Central Bank data reveal. Sunday, July 17, 2011 @ 1:16PMIn late May, Romania’s debt ran up to EUR 94,719 bln, up 4.19 pc from the end of 2010, Realitatea.net quoted the National Bank of Romania (BNR) to have announced Friday. Late last year, Romania’s debt amounted to 90.91 bln euro, according to BNR revised data.
  • Eurozone faces crunch week in debt crisis Sunday, July 17, 2011 @ 12:57PMPARIS: Eurozone countries must settle their debt crisis at an emergency summit this week to stop Greece toppling into default and dragging bigger euro economies into deeper trouble.
  • “Obama – the most anti-Israel president in U.S. history”: Israel Today Sunday, July 17, 2011 @ 10:43AM“Hezbollah” in the event of non-refoulement threaten the killers of Rafik Hariri. Former Lebanese Prime Minister Hariri said that the authorities have arrested four members of the Shiite movement “Hezbollah”, accused of killing his father – former prime minister Rafiq Hariri.
  • Europe's Debt Woes Hit Home Sunday, July 17, 2011 @ 8:08AMWhat Americans investors should look for with regard to Europe's problems.
  • Clinton in Athens for Greek debt talks Sunday, July 17, 2011 @ 7:27AMHillary Clinton was in Athens to support the Greek govt as it aims to tackle its worsening debt crisis.
  • Stop short-term need turning into a long-term crisis Saturday, July 16, 2011 @ 6:08PMWe all know money is tight but it seems things may be even worse than the headlines suggest, with a quarter of Britons forced to rely on credit cards to cover daily expenses.
  • Govt goes for best investor, not best buyer - Basil Rajapaksa Saturday, July 16, 2011 @ 2:54PMThe Economic Development Ministry is changed with the basic responsibility of giving effect to policies and development strategies enshrined in the Mahinda Chintana.
  • MORTGAGES: CalHFA Announces Two Significant Updates for Consumers Saturday, July 16, 2011 @ 12:31PMThe California Housing Finance Agency (CalHFA) recently released two significant updates.
  • My life feels like one big failure Saturday, July 16, 2011 @ 12:15PMMy marriage: Failure. My kid: Failure. My education: Failure. Need I say more?
  • Local startup Smarteys.com helps users keep bills, debt in line Saturday, July 16, 2011 @ 10:30AMAyanna Johnson moved into a less-costly apartment and switched the timing of her monthly rent payment in order to meet her savings goal.Johnson, 32, director of community life at Chicago Theological Seminary, wants to save enough to make a down payment on a home.“I realized I could not save an appreciably larger amount of money in a reasonable period of time without making a move,” she said. “I ...
  • Barclays Said to Plan Cutting 50 Indian Corporate Banking Jobs Saturday, July 16, 2011 @ 9:47AMBarclays Plc, the U.K.’s second- largest bank by assets, plans to eliminate about 50 jobs in India as it narrows its focus on large companies in the nation, said two people with direct knowledge of the situation.
  • Domestic firms found to conduct transfer pricing Saturday, July 16, 2011 @ 5:30AMTransfer pricing, which was once a scheme exclusively perpetrated by foreign-invested firms, has become a domestic problem, raising concerns about substantial tax revenue losses to the state budget.
  • In brief Saturday, July 16, 2011 @ 2:24AMState Rep. Tarah Toohil, R-Butler Township, was able to obtain five “Yield to Pedestrian” road markers from the Pennsylvania Department of Transportation. She presented them to Conyngham borough to be used at the crosswalks on Main Street.
  • Lisle named chairman of IDED Board of Directors Saturday, July 16, 2011 @ 1:51AMJohn Lisle, president of Lisle Corporation in Clarinda, has been named chairman of the Board of Directors for the Iowa Department of Economic Development — at least for now.
  • Mortgage giants may lose credit ratings Saturday, July 16, 2011 @ 1:38AMWASHINGTON -- Standard & Poor's warned mortgage giants Fannie Me and Freddie Mac on Friday that they may lose their top credit ratings if lawmakers don't raise the U.S. government's borrowing
  • Colleges say federal database listing prices doesn't provide full picture of institutions Friday, July 15, 2011 @ 10:52PMBy Kim Wilmath, Times Staff Writer Friday, July 15, 2011 The site is easy enough to use. Pick a school type, pick a cost category, and, voila: a list of the most or least expensive schools in the country. The U.S. Education Department database released late last month, a piece federal lawmakers ordered up, is intended to give families a more transparent look at rising college costs. But a few ...
  • “Khrushchev’s” and “Brezhnev” Baltic: As in Latvia, Lithuania and Estonia, the Soviet home repair Friday, July 15, 2011 @ 9:43PMDespite the pre-crisis “construction boom” when the housing stock in the Baltic countries increased at the expense of new apartment buildings in different towns of Latvia, Lithuania and Estonia, like mushrooms, whole rose cottages, the lion’s share of the population still live in houses built in Soviet times.
  • Cobb pitches in as top of the despised athletes Friday, July 15, 2011 @ 7:10PMHOLD THE BACK PAGE:‘THE 101 Most Despised Athletes in Sports History” is not, it has to be said, the most positive of sporting lists ever compiled. But, understandably, despite being just one man’s set of opinions, it has generated quite a reaction since it appeared on American website Bleacher Report earlier this month and spread through cyberspace like wildfire. “You really stirred up the ...
  • The global glums are here to stay Friday, July 15, 2011 @ 4:24PMIf we ignore the euro-zone crises, they won't go away; they may even land on our doorstep, at least according to some observers. Clancy Yeates reports.
  • S&P warns it may downgrade Fannie, Freddie credit Friday, July 15, 2011 @ 4:04PMStandard & Poor's warned mortgage giants Fannie Me and Freddie Mac on Friday that they may lose their top credit ratings if lawmakers don't raise the U.S. government's borrowing limit in time to avoid a default. AD: Helping the first responders respond 25% faster in the City of Madrid. Helping the first responders respond 25% faster in the City of Madrid. To put emergency responders on the scene ...
  • Mortgage giants could lose AAA rating if Congress fails to raise $14.3T borrowing limit Friday, July 15, 2011 @ 3:22PMWASHINGTON - Standard & Poor's warned mortgage giants Fannie Me and Freddie Mac on Friday that they may lose their top credit ratings if lawmakers don't raise the U.S. government's borrowing limit in time to avoid a default.
  • Raymond Gonzalez: How the Federal Reserve impacts the economy Friday, July 15, 2011 @ 3:59AMThis month's personal finance series covers the Fed and interest rates.
  • Thursday's Sports in Brief Friday, July 15, 2011 @ 3:31AMNEW YORK (AP) — Significant progress on a major sticking point in the NFL labor impasse — soaring rookie salaries — during marathon talks raised hopes that a tentative agreement in principle could perhaps come within 24 hours, according to two people familiar with the negotiations.