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400 Million Dollar Loan - News Articles
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Oct 20, 2008
Anchorage Daily News (subscription), AK -
By ALAN BAILEY The financial crisis that is churning its way around the world economy seems likely to cause an international recession at best and could cause a global economic meltdown at worst. But how might this disruption in world finance markets impact the oil ... -
Oct 21, 2008
di-ve.com, Malta -
by Paul Cachia - pcachia@di-ve.com While the country holds its fingers crossed one more time, the Australian company to whom the Maltese government has entrusted its oil exploration is fuming over the delays caused by borders discussion between Malta and Libya. ... -
Oct 21, 2008
Sydney Morning Herald, Australia -
Corporate Objectives Pancontinental Oil & Gas NL is targeting world-class exploration plays with company-making potential. Our aim is to provide maximum benefi ts for shareholders through exploration of superior prospects ... -
Wednesday, October 22, 2008
New West, MT -
For now, to untie Atlanta's grimly congested traffic, the state transportation department is pushing a $400 million-plus plan to convert the region's 44 ... -
Wednesday, October 22, 2008
Bloomberg -
By Alexander Ragir and Paulo Winterstein Oct. 22 (Bloomberg) -- Brazilian stocks tumbled to the lowest in two years on concern the global economic slump will reduce demand for commodities and Argentina's planned seizure of pension funds may spur investors to dump emerging-market assets. ... -
Wednesday, October 22, 2008
Sky News, UK -
Use the drop down menu below to filter stories and videos the way you want - when you want it! American shares have dived - with the Dow Jones industrial index down 5.6% - as fears of global recession sparked panic-selling. ... -
Wednesday, October 22, 2008
eTaiwan News, Taiwan -
By MORGAN LEE AP Investors sent stock markets and currencies spiraling downward Wednesday on Argentina's plans to nationalize private pension funds and fears of economic slowdown in the commodities-dependent region. Argentina's benchmark Merval stock index plunged 16.9 percent to 870 in ... -
Oct 21, 2008
AFP -
Kaupthing was supposed to pay interest Monday on a 50-billion-yen (493 million dollar) issue of a three-year samurai bonds launched in October 2006. "But there was no money transfer from Kaupthing Bank by the end of the scheduled payment day," said ... -
Wednesday, October 22, 2008
San Diego Reader, CA -
The pension is paying out about $400 million a year now. And that is a cash drain that has been paid for with money that should have gone to streets and roads and bridges and securing water supplies, having to be able to put out fires, and things of that ... -
Wednesday, October 22, 2008
PR Web (press release), WA -
A Philippine pension fund whose members are primarily public school teachers has failed to reveal the extent of losses incurred as a result of investing $600 million in global equities and property securities, according to the leader of a major national labor union. Instead, ...
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Oct 21, 2008
GMA news.tv, Philippines -
MANILA, Philippines - Former Senator Ernesto Herrera, secretary general of the Trade Union Congress of the Philippines (TUCP), warned on Tuesday the Government Service Insurance System (GSIS) against prematurely investing an additional $400 million overseas. The former lawmaker ... -
Oct 21, 2008
GMA news.tv, Philippines -
MANILA, Philippines - State pension fund Government Service Insurance System (GSIS) will have to take in a partner if it decides to bid for the Philippine American Life and General Insurance Co. (Philamlife), the country?s largest insurer. GSIS ?has been approached ... -
Oct 21, 2008
Inquirer.net, Philippines -
By Daxim Lucas Philippine mutual funds have been pummeled by the global financial crisis, with those of Philam Asset Management Inc. and the Government Service Insurance System (GSIS) among the hardest hit, according to an industry report. The latest report of ... -
Oct 18, 2008
TopNews, India -
The foreign reserve of India decreased $9.94 billion during the week ending October 10, 2008. It stands at $274 billion right now. The fall in foreign reserve is mainly due to selling of dollars by the Reserve Bank of India. The ... -
Oct 19, 2008
Seeking Alpha, NY -
Inflation is no longer the greatest threat to the short term health of the Indian economy. The global credit crunch has now taken over poll position on the list of worries which are likely to determine the evolution of policy over at the Reserve Bank of India. ... -
Oct 20, 2008
FXstreet.com The Foreign Exchange Market, Spain -
By Harsh Joshi A Dow Jones Newswires Column MUMBAI -(Dow Jones)- The Indian rupee is likely to continue falling against the US dollar in coming months, despite government and the central bank attempts to stem capital outflows from India's stuttering economy. ... -
Oct 20, 2008
123Jump.com, FL -
1:00PM New York, 7:30PM Mumbai - Reserve Bank of India cuts repo rate to 8%. IT stocks rose after rupee dropped to eight year low. Market Sentiment Stocks in India rose in volatile trading ... -
Oct 19, 2008
Bloomberg -
By Anil Varma Oct. 20 (Bloomberg) -- India's rupee, Asia's third-worst performing currency this year, will fall to a record low of 50 per dollar by year-end as the global credit crisis spurs investors to sell emerging-market assets, Calyon said. ... -
Oct 19, 2008
Bloomberg -
By Anoop Agrawal Oct. 20 (Bloomberg) -- Indian bonds declined on speculation some investors sold to make room for new securities that will be offered at an ... -
Oct 20, 2008
Bloomberg -
By Anoop Agrawal Oct. 20 (Bloomberg) -- India's rupee rose for the first time in four days on speculation steps by governments in Asia and Europe to bolster capital will spur demand for local assets. ...
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