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Posts marcados ‘FINANCIAL’

ECONOMY – BANKRUPTCIES (BY RICK PULITO)

More retail bankruptcies mean more worthless gift cards…

This week’s announcement of bankruptcy by Borders Book Stores is another in an ever-growing list of retailers who have left consumers holding the bag, or more appropriately an empty bag, as their gift cards will be rendered worthless.

What surprised me is the depth and breadth of retail organizations that are either on their way out or likely to fail in the next twelve months. An article on the investment site www.investinganswers.com this month lists more than twenty large, nationwide retail companies that are at an elevated risk of failure. The assortment includes such gift-card staples as Macy’s, Cabela’s, RiteAid, Zales Jewelers, Talbots, and seventeen more. I have reprinted the graphic from their article below. (mais…)

TRAGÉDIA GREGA

Gasto olímpico grego ilustra a perda de controle das finanças 

 


A realização das Olimpíadas de 2004 foi determinante para a crise da Grécia? Quando se imagina que hoje cada cidadão grego tem uma parcela de aproximadamente US$ 45 mil na dívida do país, é quase inevitável especular o quanto que os gastos desenfreados para viabilizar os Jogos de Atenas ajudaram para cavar o buraco atual. E, apesar de a resposta para a pergunta inicial ser não, um exame da aventura olímpica dos gregos serve para ilustrar por que hoje o país está à porta da União Europeia e do FMI com o pires na mão. (mais…)

CARDS BLOQUEAN A WIKILEAKS

VISA Y MASTERCARD BLOQUEAN A

WIKILEAKS, PERO ACEPTAN PAGOS PARA EL

KU KLUX KLAN

De RT/ MSK

 

Hace unos seis meses las mayores entidades bancarias estadounidenses bloquearon los pagos a favor del portalWikiLeaks. (mais…)

FRANCESES QUEREM DSK

Esquerda da França quer Strauss-Kahn de volta à

política

Com Swissinfo

PARIS (Reuters) – Uma pesquisa divulgada neste domingo mostrou que 60 por cento dos eleitores de esquerda da França querem que o ex-diretor-gerente do Fundo Monetário Internacional Dominique Strauss-Kahn retorne à política francesa.

(mais…)

THE FIGHT CONTINUES (PROPUBLICA)

Bank Lobby Says ‘Fight Continues’ on Debit Card

Fees, Warns of ‘Dire Consequences’

by Marian Wang 

ProPublica

.(iStockphoto)

The banking industry stands to lose billions in debit card transaction fees after losing one of its biggest lobbying battles this year—but for the banks, that was just Round One.  (mais…)

GREECE – FINANCIAL CRISIS (Real-agenda.com)

Bankers Order the Looting of Greece

According to Max Keiser, people of the kinds of Forbes are already in Greece to get its assets for pennies on the Euro. It is now clear the rest of the countries will come next. That is the plan.

Reuters

A restructuring of Greece’s 340 billion euro ($481.5 billion) debt is not on the agenda and would damage the country’s credibility on bond markets, the European Union’s internal markets commissioner said on Saturday.

Forcing Greece’s private creditors to take part in an upcoming aid package would count as a restructuring and is not being considered either, Michel Barnier told Europe 1 radio. (mais…)

Eye on Loan Modifications

Better Late Than Never? Gov’t Finally Penalizes

Major Banks for Mortgage Mod Failures

by Paul Kiel
ProPublica,

.Photo by Dan Nguyen/ProPublica

The Obama administration’s mortgage modification program is more than two years old. From the beginning, it’s been apparent that the participating banks and mortgage servicers were breaking the program’s rules. (mais…)

I BELIEVE (BY ABQUR)

Why I do not believe in busiess ethics?

by AbqurEthics_iStock_

The issue of business ethics has been a much discussed issue in the business world, and the term “socially responsable” has been very much a prize that many firms seek to achieve under the expectation that it will increase sales, though most cases showed that they do not necessarily lead to this result. In my opinion its pointless and it should not be acompany‘s goal to be socially responsible. (mais…)

ITALIA – PRÓXIMA DO FMI?

Moody’s ameça cortar rating da Itália

Actualmente, nota italiana está no terceiro melhor nível

 

A agência de notação financeira Moody`s admite baixar o ratingda dívida italiana, actualmente no nível «Aa2», devido aos riscos que se colocam ao crescimento da economia, aos mercados financeiros e à capacidade do governo para reduzir o défice. (mais…)

THE TAX CUTS (THE PROGRESS REPORT)

    Ten Years Of The Bush Tax Cuts

 

 

by Pat Garofalo

 Ten years ago tomorrow, the first of the Bush tax cuts was enacted. That 2001 tax cut was followed up by a second tax cut in 2003, passed after Vice-President Dick Cheney reportedly asserted that “deficits don’t matter.” (mais…)

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