Mortgage and Financial News From 2009-1-14 Page 01
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RI Student Loan Bonds Affirmed at AAA - Providence Business News
The Fitch Rating Agency has affirmed the AAA rating of the Rhode Island Student Loan Authority (RISLA) 1993 senior bonds. These bonds total $49,645,000 and the proceeds are used to finance federal and private education loans. Charles P. Kelley ...
2009-01-14 05:08:00 -
Massive drop in full-time jobs - The Age
The economy lost 44,000 full-time jobs in December as companies reduce payrolls to brace for a possible recession. The unemployment rate rose to 4.5% from 4.4% in November, as home loans plunge, construction activity falls and business confidence ...
2009-01-14 07:02:00 -
U.K. Treasury To Save British Icesave Account Holders - BusinessWeek
British Chancellor of the Exchequer Alistair Darling pledged to guarantee all British customer deposits at Icesave, the Icelandic internet bank owned by Iceland’s oldest bank Landsbanki, after the latter was seized by Icelandic authorities and ...
2009-01-14 10:37:00 -
Jobless rate tipped to rise - Australian Broadcasting Corp.
A slight rise in the unemployment rate is expected when the official labour force figures are released today. Most economists are forecasting the figures to show the jobless rate increased from 4.4 per cent to 4.5 per cent last month. The total ...
2009-01-14 06:27:00 -
Speculation Rises Over BoE Interest Rate Decision - BusinessWeek
Britain often is accused of being obsessed with celebrities. Yet as the economy slides further towards recession, an unlikely group has taken center stage, garnering media attention that’s usually reserved for the latest reality TV winner or up-and ...
2009-01-14 10:37:00 -
Thank God for Mandelson the manipulator - Times Online
Another week, another sentence I never expected to write: Peter Mandelson has saved the skin of Gordon Brown - and, in the process, has done the right thing for British politics and the economy. Like most journalists, over whom the Prince of Darkness ...
2009-01-14 06:12:00 -
Economy on 'downside' of forecasts (Stuff)
Prime Minister John Key is promising strong measures to stimulate the economy in the face of Treasury forecasts that growth could grind to a halt this year.
2009-01-15 12:03:14 -
Brazil Company Debt Payment Aid Points to Larger Need in Region (Bloomberg)
Jan. 15 (Bloomberg) -- Brazil’s plan to provide more than $20 billion to help companies roll over maturing international debt may point to even bigger financing constraints in the rest of Latin America, according to Standard & Poor’s.
2009-01-15 12:05:28 -
Euro Trades Near Five-Week Low Versus Dollar Before ECB Meeting (Bloomberg)
Jan. 15 (Bloomberg) -- The euro traded near a five-week low against the dollar on speculation the European Central Bank will cut interest rates by at least half a percentage point at a policy meeting today.
2009-01-15 12:06:28 -
Thailand’s SET May Rise to 550 by End-2009, Citi Says (Update2) (Bloomberg)
Jan. 15 (Bloomberg) -- Thailand’s SET Index may climb 25 percent by the end of the year because of government measures to bolster the nation’s slowing economy and attractive valuations, according to Citigroup Inc.
2009-01-15 12:07:08 -
REAL ESTATE: Desperate homeowners fall prey to foreclosure aid schemes (The Sarasota Herald-Tribune)
As home values across the country continue to plummet, the authorities say a new breed of swindler is preying on the tens of thousands of homeowners desperate to avoid foreclosure.
2009-01-15 12:09:45 -
Wave of auto supplier 'failures' coming, Magna warns (National Post)
Canada’s biggest auto supplier is warning that North America will be hit imminently by a wave of auto parts company bankruptcies as the largest financial crisis since the Great Depression takes another punishing toll on the car making sector.
2009-01-15 12:11:17 -
Asia-Pacific Bond Sales Rise to Highest in a Decade (Update2) (Bloomberg)
Jan. 15 (Bloomberg) -- Bond markets in the Asia-Pacific region are having their busiest January for at least a decade, with $32.3 billion in sales, as government guarantees and stimulus plans help boost investor appetite.
2009-01-15 12:12:15 -
Economy Starts '09 on Weaker Footing; Outlook Dim (The Memphis Daily News)
WASHINGTON (AP) - The U.S. economy started the new year on weaker footing as recession-shocked Americans retrenched further, forcing retailers to ring....
2009-01-15 12:12:33 -
More Economy Pages (Heritage Foundation)
Statement of David B. Muhlhausen, Ph.D. Senior Policy Analyst Center for Data Analysis The Heritage Foundation
2009-01-15 12:12:39