Robovox in Ljubljana

Robovox arrived to Ljubljana to give people a voice. I heard that it will come to Ljubljana but still seeing a 8m high robot is quite impressive." RoboVox is a large (8m high) interactive public sound installation by...

The Housing Crisis and a Fight-Back Program

"The current economic crisis has been building for years. At its root is the massive elimination of decent-paying jobs and lowering of wages in the U.S. and worldwide, a phenomenon explained and analyzed so well in the party’s newest book, “Low-Wage Capitalism.”The...

This Is Not A Normal Recession: Moving on to Plan B

""The Winter of 2008-2009 will prove to be the winter of global economic discontent that marks the rejection of the flawed ideology that unregulated global financial markets promote financial innovation, market efficiency, unhampered growth and endless prosperity while...

The foreclosure freeze tide

"WASHINGTON (Legal Newsline)--As Capitol Hill remains under siege from all sides of America's faltering economy, pressure to stem the tide of foreclosures continued to make inroads as Fannie Mae and Freddie Mac became the latest to join the foreclosure freeze movement.The...

Probing Golden West

"NEW YORK (AP) - The Department of Justice is investigating the mortgage lending practices of Golden West Financial Corp., the savings and loan bought by Wachovia Corp. for $24 billion at the height of the housing boom in 2006.U.S. Attorney Joseph Russoniello told The...

Savvy Homeowners Are Turning the Table on Lenders

"WASHINGTON, D.C., Nov. 18 (SEND2PRESS NEWSWIRE) — National Loan Audits (www.nationalloanaudits.com) announced today that since only a fraction of distressed homeowners needing a loan modification are getting the help they need, borrowers should obtain a Forensic Loan...

Your wedding and honeymoon plans of how to please.

"The first is usually a wedding, where more than 15 thousand dollars is the cost. The big question is: who foot the bill? In the 21st century are treated in a way of shifting costs to guide them. When we left from the date of the wedding the bride’s family pay for all...

Chinese FM Leaves Peru On Emergency Call From Home

" China's Finance Minister Xie Xuren was called back from an international economic conference in Peru before the meeting began, following orders from Beijing to help resolve problems at home, an organizer of the...

Brown seeks IMF boost.... China feels crisis

The aggresive rate cut anounced by the RBI has created new debate that developing world is also feling the pain the GDP forcast has forcasted downword target under the shadow of financial crisis.India,China has given...

Asia stock markets surge after Fed rate cut

"Asian stock markets surge after Fed rate cut; South Korean index up 12.7 percent HONG KONG (AP) -- Asian stock markets rallied Thursday, led by a 12 percent jump in South Korea, after the U.S. Federal Reserve slashed interest rates to help revive the world's largest economy...

Gloomy forecasts for UK economy

[Gloomy forecasts for UK economy   T The Bank of England governor and an influential think tank have predicted that the UK economy is likely to sink...

Denmark's central bank to back banks until guarantee passes

Denmark's central bank is to tackle problems with any individual banks until the country's parliament approves a scheme to guarantee deposits. ""Until the bill has been passed, Denmark's Nationalbank will take care...

The Facts About ACORN, CRA Programs and the Mortgage Crisis

Three weeks until the Presidential Election and - as we would expect - the politicking is getting especially intense, which in turn means the first victim is usually the humble truth. Once the truth has been sacked,...

U.S. May Take Ownership Stake in Banks

"Treasury Department May Take Ownership Stake in BanksHaving tried without success to unlock frozen credit markets,the Treasury Department is considering taking ownershipstakes in many United States banks to try to...

What does this $700bn US bailout mean for the UAE? « Peter J. Cooper’s Weblog

" In the UAE the banking sector is very well capitalized and if its lending is now reduced then it comes as the economy was in danger of overheating. Recent inflation figures and shortages of skilled labor point to an economy in need of tighter credit. This could actually...

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