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Column : Putting life into debt (Express India)
The finance ministry's report on government debt recommends a National Treasury Management Agency. RBI is to give up managing debt. What's the rationale?
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PRESS RELEASE: Fitch Affirms Italian Region Of Piemonte At AA- (Nasdaq)
Fitch Ratings-Milan/London-28 November 2008: Fitch Ratings has today affirmed the Italian Region of Piemonte's Long-term foreign and local currency ratings at 'AA-'(AA minus), and its Short-term foreign currency at 'F1+'. The Long-term rating Outlooks are Stable.
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Bahrain Association of Banks hosts the financial institutions from Singapore (AME Info)
The Bahrain Association of Banks (BAB) hosted the Investment Management Association of Singapore - including the Managing Director of the Monetary Authority of Singapore, H.E. Heng Swee Keat - to share ideas and forge new connections between the two international financial hubs.
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Elect To Improve Your Credit Rating For 'Bad Credit' Loans Online (PRWeb via Yahoo! News)
Record voting like the turnout for the presidential election of Barack Obama is not just good for democracy - joining the electoral roll can improve your credit rating as well. 'Bad credit' borrowers applying for unsecured loans online can improve their low credit ratings by ensuring they are on the electoral roll, advises Credit Problems No Problem (www.creditproblemsnoproblem.co.uk).
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Federated States of Micronesia—2008 Article IV Consultation, Concluding Statement (IMF)
1. In the near term, the FSM economy is likely to remain weak without a significant improvement in performance under the Compact. Given the public sector downsizing in Chuuk and Kosrae, the economy in FY2008 is estimated to have contracted by about 1 percent.
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Top Scoops (Scoop.co.nz)
Al Jazeera Bolivia's president has suspended the work of agents from the US Drug Enforcement Administration, accusing them of spying inside Bolivia. Speaking in the coca-producing region of Chimore in central Chapare province on Saturday, Evo Morales ...
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WRAPUP 3-UAE to bail out lenders, curb real estate frenzy (Reuters via Yahoo! Malaysia News)
* Rescue vehicle to absorb Dubai lenders Amlak and Tamweel
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China’s Stocks Decline; Air China, Merchants Property Retreat (Bloomberg)
Nov. 24 (Bloomberg) -- China’s stocks fell for a third day, led by airlines, after the nation’s largest international carrier said fuel hedging losses tripled. Developers retreated on speculation interest rates may stay unchanged.
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Forex Newsletters (The Forex Market)
DUBAI, Nov 24 (Reuters) - The United Arab Emirates began to bail out and consolidate Dubai's rattled banking sector and curb a building frenzy on Monday as the former boomtown started cutting state spending in the face of the global crisis.
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Germany: 2008 Article IV Consultation — Concluding Statement of IMF Mission (IMF)
1. Germany faces the prospect of a sizeable, and possibly extended, economic downturn. Following GDP contraction in the past two quarters, a further four quarters of negative GDP growth and sluggish recovery thereafter now appear likely.
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