Business Books And Finance Resources

Iceland braces for consequences

Iceland braces for consequences of Icesave vote

REYKJAVIK, Iceland – Amid allegations of bullying and profiteering by bigger nations, angry Icelanders are expected to deliver a resounding slap down this weekend to plans to use taxpayer money to pay off the tiny island nation's international debts.

Polls suggest that three quarters of Icelanders are expected to vote "no" in a referendum Saturday on a $5.3 billion deal to compensate Britain and the Netherlands for deposits lost in a collapsed Icelandic bank.

The vote will formalize a public backlash that has become Iceland's latest stumbling block on the difficult road out of a deep recession, jeopardizing its credit rating, access to much-needed bailout money from the International Monetary Fund and desired entry to the European Union.

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China's economic promises focus

China's economic promises focus on creating jobs

Chinese Premier Wen Jiabao reads the government work report during  the opening

BEIJING – Chinese Premier Wen Jiabao has pled ged to extend job-creation programs and keep bank-credit flowing as Beijing tries to keep its factories humming and its workers employed at a time of growing trade tensions with the West.

Although the Chinese action is helping to keep the world's economy afloat, the budget plan Wen outlined Friday showed that Beijing is sticking with a course that has driven exports and piled up huge foreign exchange reserves rather than buy up more products made outside China.

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Stop the Collapse of the Global Financial System

On the Brink: Inside the Race to Stop the Collapse of the Global Financial System

On the Brink: Inside the Race to Stop the Collapse of the Global  Financial System

Paulson and staff helped save this country

When Hank Paulson, the former CEO of Goldman Sachs, was appointed in 2006 to become the nation's next Secretary of the Treasury, he knew that his move from Wall Street to Washington would be daunting and challenging.

But Paulson had no idea that a year later, he would find himself at the very epicenter of the world's most cataclysmic financial crisis since the Great Depression. Major institutions including Bear Stearns, Fannie Mae, Freddie Mac, Lehman Brothers, AIG, Merrill Lynch, and Citigroup, among others-all steeped in rich, longstanding tradition-literally teetered at the edge of collapse. Panic ensnared international markets.

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Cash Back Rebate

Cash Back Rebate With Shopping

Getting a cash back rebates while shopping is everyone's dream, but what if I told you that you could save a lot of money over the course of every comparison shopping trip by doing a few tricks? Here are a few that you can follow in order to get on the path to savings.

Cash back from your credit card.

One excellent way to get cash rebates while online shopping deals is to use a cash back credit card. Cash rebate credit cards are offered by most major credit card companies and are becoming more and more popular. Most credit card companies offer only a small percentage of cash, such as 1 to 3 percent. But over time, that 1 to 3 percent will gradually start to earn you some money. So you will have some extra cash to spend again. So if you're a big spender then this will help you a lot. You may even already be eligible for cash back with your current credit card company, check with them to confirm or deny this.

Last Updated (Wednesday, 24 February 2010 12:40)

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