Older People Walking Into A Bleak Future On Debt, UK (Medical News Today)
The Multilateral Debt Relief Initiative (MDRI) is an extension of HIPC. The MDRI was agreed following the G8's Gleneagles meeting in July 2005. It offers 100% cancellation of multilateral debts owed by HIPC countries to the World Bank, IMF and African Development Bank.
Older People Walking Into A Bleak Future On Debt, UK (Medical News Today)
Reacting to recent research highlighting the increasing debt problems experienced by older people, Help the Aged in Northern Ireland's SeniorLine Manager, Sinead Campbell, has urged any older person currently worried about debt to contact the free SeniorLine advice service (0808 808 7575). [click link for full article]
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Package Deal (Entertainment Weekly)
Okeydokey. Looks like Nancy won't be hittin' the pole anytime soon to help pay off her debt to U-Turn. Still, for the love of Pablo Escobar, how awesome was that ''brick dance'' of hers?
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Bernanke: We're Here To Help (Forbes)
Transcript of last Fed meeting show bankers acknowledging that they might have to change .
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Don't Refinance Your Home to Pay Off Credit Card Debt - There's a Better Way (Benton Evening News)
(ARA) - Ever received one of those offers in the mail that seems like the solution to all your problems? It may have said, "Your home is an untapped resource. Refinance your loan with us and you'll get quick cash to buy a car, fund college or pay off your credit card debt."
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LBBW to Buy SachsenLB to Help Rescue State-Owned Bank (Update3) (Bloomberg.com)
Aug. 27 (Bloomberg) -- Landesbank Baden-Wuerttemberg, the largest German state-owned bank, agreed to buy Landesbank Sachsen Girozentrale following a 17.3 billion-euro ($23.7 billion) credit bailout because of investments in U.S. subprime debt.
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Erie County Fair Opens (Action News 24 Erie)
The Erie County Fair opened on Sunday despite some financial problems. Last year the fair was more than $100,000 in debt. Now, after some help from the county, local businesses and volunteers, the fair is up and running for the 123rd year.
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Back To Campus: Mental Health America Develops Resources For College Students (Medical News Today)
In anticipation of the new school year, Mental Health America and its 320 affiliates nationwide have provided resources to college students on campuses across the nation to help them manage stress levels and address common mental health problems. [click link for full article]
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A Conduit to Chaos (The Motley Fool)
Think your bank has no exposure to the problems in housing? Think again.
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Moody's Affirms Washington Mutual Rating (AP via Yahoo! Finance)
Credit rating agency Moody's Investors Service said Tuesday it affirmed the ratings of Washington Mutual Inc., including its senior debt rating of "A2," because of strong liquidity and earnings from its retail bank and credit card operations.
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Recession unlikely in next year - US Chamber (News Interactive)
PROBLEMS in the US subprime mortgage market are unlikely to push the US economy into a recession over the next 12 months, the top economist for a leading US business group said overnight.
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Older People Walking Into A Bleak Future On Debt, UK (Medical News Today)
The report notes that challenges remain in terms of creditor participation in the HIPC initiative. Debt relief committed to 26 countries that have reached the debt forgiveness stage of the programme is 12 per cent below the total required. At least 24 creditor countries have not expressed an intention to provide debt relief, the report observes, and many commercial creditors "remain unwilling to participate in the initiative."
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