Posts Tagged ‘Finance’

Greece Nears Agreement on Bailout Package

Wednesday, February 8th, 2012

Officials in Brussels said that the announcement of a meeting of euro zone finance ministers suggested that an agreement in principle was likely among Greek political parties.

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Greece Nears Agreement on Bailout Package

Care provider in new debt talks

Wednesday, February 8th, 2012

The UK’s largest care provider, Four Seasons, is in talks to find money to refinance its debts, but it denies union claims it is in financial difficulty.

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Care provider in new debt talks

Court hears social care challenge

Tuesday, February 7th, 2012

The Supreme Court is to hear a case challenging the way councils in England can consider their finances when assessing people for social care.

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Court hears social care challenge

In Egypt, a History of Distrust of U.S.-Aided Groups

Tuesday, February 7th, 2012

Authoritarian rulers have long viewed pro-democracy groups financed by the United States with deep suspicion, but never has a government gone as far as Egypt’s.

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In Egypt, a History of Distrust of U.S.-Aided Groups

Saving surplus for a rainy day

Tuesday, February 7th, 2012

The strong state of the District’s finances will be part of my State of the District address Tuesday. The latest Comprehensive Annual Financial Report showed that we ended fiscal 2011 with a $239.7 million surplus and that the city’s Fund Balance — its crucial rainy-day reserve — had rebounded to $1.1 billion. Read full article > >

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Saving surplus for a rainy day

Swinney defends EU nationals vote

Sunday, February 5th, 2012

Finance Secretary John Swinney defends plans to let EU nationals living in Scotland vote in the independence referendum.

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Swinney defends EU nationals vote

What Obama’s housing plan means for you

Wednesday, February 1st, 2012

Many people are wondering about President Obama’s refinance plan , announced Wednesday, and a new program that would try to make thousands of vacant homes available for rent. Read full article > >

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What Obama’s housing plan means for you

New York Archdiocese Worker Accused of $1 Million Embezzlement

Tuesday, January 31st, 2012

A woman who worked in the finance offices of the Archdiocese of New York was arrested on Monday, accused of channeling funds for nonexistent services to accounts she controlled.

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New York Archdiocese Worker Accused of $1 Million Embezzlement

Michelle Obama, Labor Secretary Hilda Solis propose more job protection for military caregivers

Monday, January 30th, 2012

First lady Michelle Obama joined Labor Secretary Hilda Solis Monday to propose an expansion to the Family and Medical Leave Act (FMLA) that would give more job protection to military caregivers. The proposed rules would allow spouses, parents and children of service members to care for their loved ones, attend military functions, or deal with child care and family finances “without fear of losing their jobs,”Solis said. Read full article > >

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Michelle Obama, Labor Secretary Hilda Solis propose more job protection for military caregivers

Fannie and Freddie don’t deserve blame for bubble

Wednesday, January 25th, 2012

There is plenty of blame to go around for the U.S. housing bubble, but not much of it belongs to Fannie Mae and Freddie Mac. The two giant housing-finance institutions made many mistakes over the decades, some of them real whoppers, but causing house prices to soar and then crater during the past decade weren’t among them. Read full article > >

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Fannie and Freddie don’t deserve blame for bubble

Greek Deal Unlikely Before Next Week

Saturday, January 21st, 2012

The Institute of International Finance said on Saturday that talks on a Greek debt swap deal were continuing and its chief’s departure from Athens was scheduled and not unexpected.

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Greek Deal Unlikely Before Next Week

G.E. Says Operating Profit in Quarter Rose 6%

Friday, January 20th, 2012

The financial performance is in line with Wall Street’s expectations and reflected G.E.’s strategy of paring back its reliance on its big finance arm and relying more on its industrial businesses.

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G.E. Says Operating Profit in Quarter Rose 6%

France loses AAA credit rating

Friday, January 13th, 2012

PARIS — France lost its top-tier credit rating Friday, the finance minister announced, dealing a strong blow to the country’s effort to redress its finances and to President Nicolas Sarkozy’s campaign to get reelected. Read full article > >

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France loses AAA credit rating

Fannie Mae CEO Resigns

Wednesday, January 11th, 2012

As firm struggles with its finances.

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Fannie Mae CEO Resigns

Obama visits consumer agency despite legal questions

Saturday, January 7th, 2012

President Obama visited the headquarters of the new Consumer Financial Protection Bureau on Friday in what amounted to a victory lap just days after appointing the agency’s first director without the Senate’s approval. Obama called Richard Cordray “tailor-made” for the position and praised the staff’s work since the agency was created six months ago, such as programs to make mortgage disclosures and student loans easier to understand . Read full article > >

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Obama visits consumer agency despite legal questions