Gordon Brown won't set Iraq pull-out timetable (Daily Telegraph)
In addition, for those with high credit card debt it is extremely important to reduce debt to a manageable level. This means paying your credit cards higher than the minimum payment asked for on a monthly basis, refrain from using credit cards for non emergency situation and holding off on purchasing items that are considered frivolous or luxury items. If your income is low, you may want to find a higher paying job. Easier said than done, many people choose job training or go back to school in order to find jobs that allow them a greater lifestyle.
Gordon Brown won't set Iraq pull-out timetable (Daily Telegraph)
Gordon Brown firmly rejected calls to set a "pre-determined exit timetable" for British troops to leave Iraq last night, insisting they would stay as long as necessary.
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EMERGING MARKETS REPORT: Hungary's Central Bank Keeps Rates On Hold At 7.75% (The Forex Market)
NEW YORK (Dow Jones) -- Hungary's central bank kept its benchmark policy rate unchanged at 7.75% Monday, choosing caution in the face of ongoing worries about trouble in global credit markets.
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Iraq, $13bn from UK tax payers (AME Info)
British tax payers have contributed around $13.3bn towards the reconstruction of Iraq, following the US led invasion in 2003 and the subsequent conflict, reported the UK's Financial Times.
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Finance, Accounting and Consultancy (Mondaq)
In this issue, we look at changing attitudes to outside investment with the listing of Slater & Gordon. We also examine how to protect your firm from the loss of a key partner, and other topical issues.
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Forget easy pickings in the bond market (The Globe and Mail)
Forget about any easy pickings if you turn to the bond market for relief from this summer's plunge in stock prices.
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There’s quite a legacy to live up to (Financial Times)
Holly Lambert is a 31-year-old academic who expects to inherit £1m and would like advice on how to manage this money. Lambert and her elder sister are the heirs to a private UK company. But within her family are conflicting feelings about how the company money should be used.
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Forget easy pickings in the bond market (The Globe and Mail)
It still takes a brave investor to stomach the uncertainty
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Double whammy: Foreclosure and taxes (Bankrate.com via Yahoo! Finance)
Losing your home in a foreclosure is bad enough. Wait until you get the tax bill.
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BOE: Haven't Held Talks With Banks On ABCP -2- (The Forex Market)
ABCP is short-term debt issued by investment vehicles and bank-sponsored conduits to fund purchases of longer-term securities backed by mortgages or other assets.
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Toronto-Dominion Profit Rises on TD Banknorth Unit (Update4) (Bloomberg.com)
Aug. 23 (Bloomberg) -- Toronto-Dominion Bank, the first Canadian bank to report third-quarter results, said profit rose 39 percent, topping analysts' estimates, on higher investment- banking fees and earnings from its U.S. unit.
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Gordon Brown won't set Iraq pull-out timetable (Daily Telegraph)
Since its inception in 1996, the Heavily Indebted Poor Countries initiative (HIPC) has reduced the outstanding debt stock of 26 countries, primarily in sub-Saharan Africa, by two-thirds, the World Bank announced in its annual Global Development Finance report released in April. The reduction amounts to $40 bn in net present value (representing the market value of the original debt, discounted as if it were paid now, in a lump sum).
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FRB: Supervisory Letter SR 04-3 on debt elimination scams -- January 28, 2004