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Today?s Inbox: Separate bad loans from park costs ...

The Iowa Department of Natural Resources has been in the news lately. Recently we were told that it had a short fall in its budget so it wasn?t going to hire people next summer to do maintenance in the park system. Then we learned that the DNR was out a million and a half dollars due to faulty loans to business.

Source: The Des Moines Register (Wed, 03 Dec 2008 15:17:17 GMT)

Eskom news powers rand ...

The news that Eskom will receive loans worth billions has helped the rand to rally.

Source: News 24 South Africa (Wed, 03 Dec 2008 14:45:24 GMT)

Japan Suspends Vietnam Aid Loans Over Corruption Case ...

HANOI (AFP)--Japan's ambassador to Vietnam Thursday said his country had suspended new aid loans to Hanoi, citing a major corruption scandal that came to light last month.

Source: Nasdaq (Thu, 04 Dec 2008 06:23:06 GMT)

Loans Approved for Northeast Harbor Fire ...

NORTHEAST HARBOR (NEWS CENTER) -- The federal Small Business Adminstration says Mainers, whose businesses burned in a big fire in Northeast Harbor in July, will be able to get low-interest loans to rebuild.

Source: WCSH 6 Portland (Tue, 02 Dec 2008 15:26:34 GMT)

Asian stocks rise despite more grim news ...

HONG KONG: Asian markets rose Thursday on the back of another rally on Wall Street despite more miserable news from the United States showing the world's biggest economy is in for a deep recession.

Source: Channel NewsAsia (Thu, 04 Dec 2008 05:49:01 GMT)

Big rate cut is good news for the local home market ...

ANOTHER cut in official interest rates, announced by the Reserve Bank yesterday, spells further good news for people trying to pay off their home loans.

Source: South Coast Register (Tue, 02 Dec 2008 23:07:00 GMT)

Russian airlines to receive gov't loans ...

RBC, 03.12.2008, Moscow 18:21:20. The government will extend loans worth up to RUB 30bn (approx. USD 1.07bn) to major Russian airlines, First Deputy Prime Minister Igor Shuvalov was cited by the Vesti TV channel as saying during a presidential meeting on economic issues.

Source: RosBusinessConsulting (Wed, 03 Dec 2008 17:47:35 GMT)

AFX UK Focus) 2008-12-03 20:14 Russia govt may back up loans under new aid...

MOSCOW, Dec 3 (Reuters) - Russian officials proposed a new wave of emergency aid to stimulate the economy on Wednesday, including a 300 billion rouble ($10.74 billion) programme to back loans with state guarantees. President Dmitry Medvedev suggested the idea of guaranteeing loans at a government meeting where proposals were also made to buy up mortgage loans from some banks and to lend airlines ...

Source: Interactive Investor (Wed, 03 Dec 2008 20:47:13 GMT)

Russia govt may back up loans under new aid package ...

MOSCOW, Dec 3 (Reuters) - Russian officials proposed a new wave of emergency aid to stimulate the economy on Wednesday, including a 300 billion rouble ($10.74 billion) programme to back loans with state guarantees.

Source: The Forex Market (Wed, 03 Dec 2008 20:28:32 GMT)

Lawmakers warn Iowans of ?rip-off? payday loans ...

Streams of customers slipped quietly into payday loan stores throughout Des Moines Tuesday, even as several state lawmakers called such loans "a rip-off" and urged Iowans to steer clear of them.

Source: The Des Moines Register (Wed, 03 Dec 2008 10:19:09 GMT)

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