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the important thing is that more dollars will be available to european banks at a lower price. >> the u.s. is unique in the global financial system. it's at the center of the financial system. in the current environment, the u.s. dollar is the first and the last currency for safe havens. >> reporter: the goal of the coordinated intervention is to try to prevent another global credit crisis. investors worldwide are worried about the possibility that some european nations might default on their debts, causing serious shocks to the global economy. the move comes on the same day that china cut reserve requirements for its commercial banks. that move is also designed to encourage lending and help the chinese economy, which has slowed recently. improving access to money helped shore up investor confidence today, but economist drew matus says the bigger worry is whether greece and other european nations will get a handle on their debts. >> i think what the fed does is buy a little more time, and it seems to be what everyone is in the game of doing lately is buying more time, so it's a net po
the important thing is that more dollars will be available to european banks at a lower price. >> the u.s. is unique in the global financial system. it's at the center of the financial system. in the current environment, the u.s. dollar is the first and the last currency for safe havens. >> reporter: the goal of the coordinated intervention is to try to prevent another global credit crisis. investors worldwide are worried about the possibility that some european nations might...
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bank and you're getting money wired to your account that's going to cost you fifteen dollars several banks also raise the fees for their regular checking accounts chase is now charging twelve dollars a month citi group went to eight from eight to ten dollars a month and bank of america up to speed by three dollars a month earlier this year now other banks say that those fees are on necessary insist that they're very transparent about their charges two democratic senators are making it known that they're fed up with the practices dick durbin and jack reed of called on the consumer financial protection bureau to adopt a format that would disclose hidden fees in a consumer friendly format and a statement they say simply put consumers have had enough of banks to try to sneak fees past them that are hidden in fine print or imposed with no notice at all and we should also know that those who consider themselves good customers now they're getting screwed by the banks to banks are lowering the rates to get paid out to customers they keep the money in their accounts market rates inside a finan
bank and you're getting money wired to your account that's going to cost you fifteen dollars several banks also raise the fees for their regular checking accounts chase is now charging twelve dollars a month citi group went to eight from eight to ten dollars a month and bank of america up to speed by three dollars a month earlier this year now other banks say that those fees are on necessary insist that they're very transparent about their charges two democratic senators are making it known...
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has plenty of dollar credit facilities to set themselves up as a world bank in two thousand and eight two thousand and nine two thousand and they want to around the world and got commitments for almost a trillion dollars of commuter credit facilities from everybody netherlands japan germany etc they can draw others down there any time issue s.t.r. notes so now for the first time the i.m.f. doesn't just have capital and assets it's got dead it's going to have a leverage balance sheet so it looks more and more like a central bank and when they use u.s.d. r.'s you're exactly like a central back because there is from currency so yes that's happening very quickly in the right thing like a world central bank so the i.m.f. is turning into a central bank and the federal reserve is turning into a hedge fund everything is more bets exactly right all right jim record i want you to stick around right here there's so much more i want to get to i just really quickly want to explain to our viewers and our word of the day what exactly this reserve ratio business is with china. right it's time now for
has plenty of dollar credit facilities to set themselves up as a world bank in two thousand and eight two thousand and nine two thousand and they want to around the world and got commitments for almost a trillion dollars of commuter credit facilities from everybody netherlands japan germany etc they can draw others down there any time issue s.t.r. notes so now for the first time the i.m.f. doesn't just have capital and assets it's got dead it's going to have a leverage balance sheet so it looks...
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month citigroup went from eight to ten dollars a month and bank of america. by three dollars a month earlier this year now other banks say it goes for user on necessary insist with their very transparent about their charges two democratic senators are making it know that they're fed up with the practices durbin and jack reed have called on the consumer financial protection bureau to adopt a format that would disclose hidden fees in a consumer friendly format and a statement they say simply put consumers have had enough of banks that try to sneak these past them that are hidden in fine print or imposed with no notice at all and we should also know that those who consider themselves good customers can get screwed by the banks to thank so lowering the rates to get paid out to customers that keep the money in their accounts market rate inside financial market research firm says the average interest rate for deposit accounts of fall into seven four point seven four percent that's a decrease in the point eight percent held earlier this year that might seem like a sm
month citigroup went from eight to ten dollars a month and bank of america. by three dollars a month earlier this year now other banks say it goes for user on necessary insist with their very transparent about their charges two democratic senators are making it know that they're fed up with the practices durbin and jack reed have called on the consumer financial protection bureau to adopt a format that would disclose hidden fees in a consumer friendly format and a statement they say simply put...
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Nov 30, 2011
11/11
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they all joined together basically to make it easier for banks to get dollars if they need them. there has been a lot of concern about the european debt crisis. they said that afraid to lend money to other banks because they are not sure how things--how bad things will get. some major banks are now making it easier to get dollars. our plan here is to interview an expert coming up at 7:00 a.m. to outline what this means for us in the u.s.. he >>darya: 6:37 a.m.. as we go to the break, another live look, a little bit of a fall. the fog is beginning to list. we will be right back. >>darya: her >> those of you that will be 21 by november 12th, i ask for your support and of the vote. for those of you will love the, work hard. you are counting on us in getting this right. >>darya: the election is november 6th and he did not have to be 21 to vote, of putting age is 18. if a few people in the audience giggled of that. >>mark: will be right back as the kron4 is continues. here is a live look outside. the fog is very sick but starting to lift in spots. the wind is starting to pick up a litt
they all joined together basically to make it easier for banks to get dollars if they need them. there has been a lot of concern about the european debt crisis. they said that afraid to lend money to other banks because they are not sure how things--how bad things will get. some major banks are now making it easier to get dollars. our plan here is to interview an expert coming up at 7:00 a.m. to outline what this means for us in the u.s.. he >>darya: 6:37 a.m.. as we go to the break,...
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spain's bank will sometimes they're more than one hundred twenty three and sixty eight billion dollars respectively bang hasn't pushed us to join the ranks or plea world's top ten top ten banks for the next three years. russian carmaker gas group is joining up with a chinese truck maker which could see ten thousand fields roll of the production line per year it will be a fifty fifty venture with past works both firms are being tight lipped on the level of investment but analysts say it is to reach sixty million dollars they also believe the new trucks will face fierce competition from russia scum us which controls half of the domestic market meanwhile gas group is also planning to launch a simple local alliance for volkswagen and chevrolet next year. that's all we have time for now turn my colleague richard ridiculous than fifteen minutes for another business update and buy more stories and analysis on our web site archie dot com special business. twenty years ago this country. to make sense of. what had been. going to church. where did it take.
spain's bank will sometimes they're more than one hundred twenty three and sixty eight billion dollars respectively bang hasn't pushed us to join the ranks or plea world's top ten top ten banks for the next three years. russian carmaker gas group is joining up with a chinese truck maker which could see ten thousand fields roll of the production line per year it will be a fifty fifty venture with past works both firms are being tight lipped on the level of investment but analysts say it is to...
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Nov 13, 2011
11/11
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KNTV
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pick up that 10 dollar bank. that's what we've found. the spirit of giving is very much alive. this helps people fool good about helping the food banks. >> tell us about your organization and the involvement and the whys. >> our members of the junior league love to impact the community and this is one of their favoret events all year, so we're glad to celebrate again and partner with safeway and nbc bay area. we love touches the community and seeing the families and children and helping those in need at this time of year. >> your organization is as powerful as the two that are here. the junior league, this is what you all do. >> this is what we do. this is one of the keys of the junior league of san jose is to impact the community and this is a great way to do it and our members are very excited. >> it's at center bone valley? >> yes. >> tell us about your involvement. we work side by side with you outside the safeway store during the food drive. >> absolutely. we have been participating in nc's food drive almost since it started in 2005. we've been involved and we've raised hun
pick up that 10 dollar bank. that's what we've found. the spirit of giving is very much alive. this helps people fool good about helping the food banks. >> tell us about your organization and the involvement and the whys. >> our members of the junior league love to impact the community and this is one of their favoret events all year, so we're glad to celebrate again and partner with safeway and nbc bay area. we love touches the community and seeing the families and children and...
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Nov 30, 2011
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which have pledged to lead to a local commercial banks what ever dollars a need. the central banks have put in place contingency loans should the need arise. have the central bank's save the world? probably not. the underlying problem is the sovereign debt crisis cannot sublet the dollar funding crisis. this action today doesn't do anything to end the sovereign debt crisis. we will need more action from the europeans, especially the european central bank. >> the man who runs the biggest investor in government debt is taking it all quite personally. >> i feel more worried and scared, not just as a fund manager, but as a father. every day, when i kissed my daughter goodbye in the morning, she's 8 years old. i wonder what world she is going to inherit given headwinds we are facing at the level of countries, at the level of regions, and the level of the global economy as a whole. >> it central bankers have reply -- have supplied life-support, has this gang yet found a proper cure? it is still a work in progress. >> let's see if we can get a bit more optimism on this. i
which have pledged to lead to a local commercial banks what ever dollars a need. the central banks have put in place contingency loans should the need arise. have the central bank's save the world? probably not. the underlying problem is the sovereign debt crisis cannot sublet the dollar funding crisis. this action today doesn't do anything to end the sovereign debt crisis. we will need more action from the europeans, especially the european central bank. >> the man who runs the biggest...
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sixty two billion dollars the top two are britain's h.s.b.c. and spain's bank sometime during more than one hundred twenty three and sixty eight billion dollars respectively turbine hasn't pushed us to join the ranks of the world's top ten banks within the next three years. and finally russian carmaker gas group is joining up with a chinese truck maker which could see ten thousand beagles roll off the production line per year it will be a fifty fifty venture with first autumn of our works both firms are keeping their lips tight of the level of investment but only suspected to reach the two million dollars they also believe the new trucks will face fierce competition from russia's come us which controls hobbled the domestic market meanwhile gas group has also pledged to launch assembly local wives for votes and several where next year. but perhaps not the business program during the last months of two minutes type or another business update here on r.t. . ragin clean and goes down. squandered morning. about. what is no. more than sixty square kilometers of the m
sixty two billion dollars the top two are britain's h.s.b.c. and spain's bank sometime during more than one hundred twenty three and sixty eight billion dollars respectively turbine hasn't pushed us to join the ranks of the world's top ten banks within the next three years. and finally russian carmaker gas group is joining up with a chinese truck maker which could see ten thousand beagles roll off the production line per year it will be a fifty fifty venture with first autumn of our works both...
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banks this is everyone's problem we know u.s. taxpayers are backing more than fifty trillion dollars of bank of america's derivatives for example who else has taken big bets with your money we'll talk to no need prince and the federal reserve announced it will not do more stimulus for now they cite slightly better economic growth based on last quarter's performance but when you look at the bigger picture this so-called recovery is lagging far behind our let's get to today's capital account. so just about an hour ago at three thirty european leaders were scheduled to be going into an emergency meeting with greece's prime minister ahead of the g twenty and call on sarkozy merkel the head of the i.m.f. a few others and they are supposed to push for athens to implement its bailout deal as the only solution to the crisis the problem is this monday the prime minister called to put this to a vote before the people to put that bailout to a referendum he called for this referendum he surprised everyone including his own party now because of another boat scheduled for friday he might not even be prime minister anymore and if you're sitting t
banks this is everyone's problem we know u.s. taxpayers are backing more than fifty trillion dollars of bank of america's derivatives for example who else has taken big bets with your money we'll talk to no need prince and the federal reserve announced it will not do more stimulus for now they cite slightly better economic growth based on last quarter's performance but when you look at the bigger picture this so-called recovery is lagging far behind our let's get to today's capital account. so...
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at around sixty billion dollars the top two are britain has b.c. and spain's bank of santander more than one hundred twenty three and sixty eight billion dollars respectively it has a mission is to do in the ranks of the world's top ten banks within the next three years. that's all we have time for knowledge journey for another business update in less than fifteen minutes time so do stay with us. if. you. feel. the limits to. just see a few is the simplest some. goofy . feeling. if. someone comes to a. mission to free a critic a feat comes from a church free commitment free. three stooges.
at around sixty billion dollars the top two are britain has b.c. and spain's bank of santander more than one hundred twenty three and sixty eight billion dollars respectively it has a mission is to do in the ranks of the world's top ten banks within the next three years. that's all we have time for knowledge journey for another business update in less than fifteen minutes time so do stay with us. if. you. feel. the limits to. just see a few is the simplest some. goofy . feeling. if. someone...
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the lawsuit claimed that bank of america processed its debit card transactions any order of highest to lowest dollar amount so it could maximize the overdraft fees customers had to pay the bank rake in about four point five billion dollars from overdraft fees alone and despite the settlement bank of america insists that there was nothing improper about the process sequence. that's pretty ball the statement bank of america thought they were doing nothing wrong when they manipulated the processing of purchases made on their customers debit cards by charging thirty five dollars for each overdraft fee calculations show that over the course of ten years the bank brought in four point five billion dollars so bank of america made a killing off of ripping off its customers and i think that there's absolutely nothing wrong with that now thankfully a federal court disagreed and often the bank was out of line in this practice yesterday judge james king ordered b. of a to pay four hundred ten million dollars for a settlement and it's being labeled as a win for banking customers and undoubtedly it's one of the l
the lawsuit claimed that bank of america processed its debit card transactions any order of highest to lowest dollar amount so it could maximize the overdraft fees customers had to pay the bank rake in about four point five billion dollars from overdraft fees alone and despite the settlement bank of america insists that there was nothing improper about the process sequence. that's pretty ball the statement bank of america thought they were doing nothing wrong when they manipulated the...
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bank has both retail and business services with their credit portfolio of around four billion dollars bank recently bought the eastern european on the fox bank and announced plans to buy into turkey's dennett's. that's it for this hour but i'll be back with more in about fifteen. a very warm welcome to you this is your news today protesters on holds true today at. least in canceling the chance to set a good mood for example the status of the human experiment is expanding the will. we pursue of programs in this realm means what it knows to movies locally trying to make sense of global economy and it's all came things as financial templates the research plan to maintain our confidence in hmong kids and taking on the critics point to be easing trade imbalances recession look even the nation's close to collapsing in some plain loan foreclosed homes. to fail so ripple a banks again field level tightening is the u.s. crashing seven and. seeming to inflame just like protests in a closet in st the i.m.f. constructionism just programs increase the total economy. of nature and discover its beauty. c
bank has both retail and business services with their credit portfolio of around four billion dollars bank recently bought the eastern european on the fox bank and announced plans to buy into turkey's dennett's. that's it for this hour but i'll be back with more in about fifteen. a very warm welcome to you this is your news today protesters on holds true today at. least in canceling the chance to set a good mood for example the status of the human experiment is expanding the will. we pursue of...
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dollars. per bag has become europe's largest bank by market capitalization valued at around sixty billion dollars the top two of britain's h.s.b.c. and spain's bank will stand on their more than one hundred twenty three and sixty eight billion dollars respectively burbank has ambitions to join the ranks of the world's top ten banks within three. business hours he will be back around fifty five minutes time with an update us either. twenty years ago tonight this country and. the surprises of. what had been. the speech energy. where did it take them.
dollars. per bag has become europe's largest bank by market capitalization valued at around sixty billion dollars the top two of britain's h.s.b.c. and spain's bank will stand on their more than one hundred twenty three and sixty eight billion dollars respectively burbank has ambitions to join the ranks of the world's top ten banks within three. business hours he will be back around fifty five minutes time with an update us either. twenty years ago tonight this country and. the surprises of....
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morgan settlement one hundred fifty million dollars bank of america settlement which judge. did approve after he rejected a smaller thirty three million dollars settlement i think this was the time where he said you know what i don't even like approving that last time i'm not going to prove at this time we need a system we need to see is accountable that will actually go through and discover whether or not the charges they have put on these institutions hold water and actually get guilty verdicts out of them or or their version of guilty verdicts out of them if it's not going to be put in the courts and not just get a settlement that means absolutely nothing is just the cost of doing business yeah i definitely think it's nice to see that he finally said enough is enough but you know in general it all doesn't paint a very good picture in terms of the confidence that we should have in our regulators that all know we thank you so much for joining us tonight thank you. right still ahead of the show and details emerge about bradley manning's defense strategy for his december milit
morgan settlement one hundred fifty million dollars bank of america settlement which judge. did approve after he rejected a smaller thirty three million dollars settlement i think this was the time where he said you know what i don't even like approving that last time i'm not going to prove at this time we need a system we need to see is accountable that will actually go through and discover whether or not the charges they have put on these institutions hold water and actually get guilty...
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has become europe's third biggest bank by market capitalization valued at around sixty billion dollarsthe top two are britain's h.s.b.c. and spain's bank of suns and more than one hundred twenty three and sixty eight billion dollars respectively they're applying has a missions to draw in the ranks all the world's top ten banks within the next three years. and europe steepening debt crisis stoking concerns of a cash squeeze among russian lenders growing yields on banks bonds have prompted a record injection from cash after cash from the central bank well i'm krissy allowed over twenty six billion dollars to banks yesterday the most to nine years unless they reduce ruble liquidity in russia is making lenders more expensive additional pressure is coming from capital flight which may double this year to seventy billion dollars. that's all we have time for tony for another business update in less than one last time and get more stories and analysis from our web site archie dot com slash business. culture is that so much given to each musician. in the market a serious one the media has ruled
has become europe's third biggest bank by market capitalization valued at around sixty billion dollarsthe top two are britain's h.s.b.c. and spain's bank of suns and more than one hundred twenty three and sixty eight billion dollars respectively they're applying has a missions to draw in the ranks all the world's top ten banks within the next three years. and europe steepening debt crisis stoking concerns of a cash squeeze among russian lenders growing yields on banks bonds have prompted a...
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a bank has probably tell and business services for her credit portfolio of around four billion dollars bank recently bought using european armor for spying and else class to buy into turkey's dennett's. that's it for this hour but i'll be back with more in africa. on. a very warm welcome to you this is your news today protesters on the wall street street they are. essentially the chance to use it to get the brakes to stop this is a big human experiment good. to see because you see this rap music in which it. was allegedly trying to send some relief money and it's all changed things are fine . the researchers plan to maintain our confidence in launches and taking on the critics points to be seen trade imbalances recession looks even the nation's close to collapsing in some time alone for close hospital such as mislabeling to fail simple a balance again field level tightening as us crash eminent smashed it seems to disclose it in its place is an open street the i.m.f. the world for sale just programs increase grandma gets home economist. observe nature and discover its buzy. communicate with
a bank has probably tell and business services for her credit portfolio of around four billion dollars bank recently bought using european armor for spying and else class to buy into turkey's dennett's. that's it for this hour but i'll be back with more in africa. on. a very warm welcome to you this is your news today protesters on the wall street street they are. essentially the chance to use it to get the brakes to stop this is a big human experiment good. to see because you see this rap...
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have a record injection of cash from the central bank bank receive a lent over twenty six billion dollars to banks yesterday most of nine years and the so you reduce ruble the quality in russia is making lenders debts more expensive additional pressure is coming from capital flight which may double this year to seventeen billion dollars. let's open our europe today join me for another business update in less than fifteen minutes. coming. from the female. move them is just so. it's just so. pissed see. come up. roger it's me and goes come. squandered money. more. money. more than sixty square kilometers of the moon from the most nations and those who are still suprising new lives i'm fighting for just the same it's getting bad out here.
have a record injection of cash from the central bank bank receive a lent over twenty six billion dollars to banks yesterday most of nine years and the so you reduce ruble the quality in russia is making lenders debts more expensive additional pressure is coming from capital flight which may double this year to seventeen billion dollars. let's open our europe today join me for another business update in less than fifteen minutes. coming. from the female. move them is just so. it's just so....
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Nov 5, 2011
11/11
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. >> they're a behemoth bank. >> dollar for dollar. >> neil: do you know how much wells fargo gave to minority businesses last year? >> now, neil, this is very-- >> 7 billion dollars. no, no, no, i'm not taking sides, i'm just telling you he wh you urge people to pull money out of these institutions. >> it's their money. >> neil: what they're doing-- wait, you are also telling them to pull money out of the institutions for all they're doing good. >> i think you're really making sort of factual argument. >> neil: it is a factual argument. >> i said an facile. and they have the roux i to do with their money and and in i want to go to a credit union that doesn't do pay day lending. >> neil: your credit union has the resources to give to these enterprises you value nearly as much as some of the big banks. >> well, here is the key, here is what we can see. when they have the threat of some consumer choice, banks can stop doing some of the practices, they'll feel the heat and maybe they will say, being 0. >> neil: do you think they're all e
. >> they're a behemoth bank. >> dollar for dollar. >> neil: do you know how much wells fargo gave to minority businesses last year? >> now, neil, this is very-- >> 7 billion dollars. no, no, no, i'm not taking sides, i'm just telling you he wh you urge people to pull money out of these institutions. >> it's their money. >> neil: what they're doing-- wait, you are also telling them to pull money out of the institutions for all they're doing good....
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Nov 30, 2011
11/11
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KPIX
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bank, bank of england and japan, all making a coordinated move to make it cheaper for banks to swap euros for dollarsprimarily, directed at major european banks who are tremendously constrained by the sovereign debt crisis over there. they don't have enough dollars in the banking system. they want -- they want more to build investor conference. this is a short-term fix. we saw the same thing after lehman brothers failed. europe has serious political issues to decide in order for the debt crisis it not affect the core economies over there. yet investors do like the short term fix plus some decent economic info. adp saying there are 206,000 jobs created this month, more than expected. that bodes well for the employment report coming out on friday. and also we have a 10.4% bump in pending home sales in october a nice level right there. as you can see, the dow is shooting higher up nearly 400 points just below 12,000. nasdaq is also up by 84 points and the s&p, frank and grace, is up by 40. just another blockbuster day on wall street this week. >> i was going to say, you got the tie loosely around your n
bank, bank of england and japan, all making a coordinated move to make it cheaper for banks to swap euros for dollarsprimarily, directed at major european banks who are tremendously constrained by the sovereign debt crisis over there. they don't have enough dollars in the banking system. they want -- they want more to build investor conference. this is a short-term fix. we saw the same thing after lehman brothers failed. europe has serious political issues to decide in order for the debt crisis...
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Nov 30, 2011
11/11
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FOXNEWS
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sending dollars over to other central banks. banks were not lending each other overnight. ey were running out of dollars. if they acquire a slightly lower rate of american dollars it will unseize up the system in europe. that is in our interest. not purchase of the bad debt of italy or spain on other country. that is why it's similar to be a similar event. the main prop remains, it's insolvent. waiting to see if germany bails out the rest of europe. if it does, they might have a hope in the future or it will deflate currency. germans are afraid of whaps in the '20s. germany is reluctant. europe is hanging by a thread. not solve a problem. the overwhelming concerns. >> bret: ron paul said the drug addict giving them drugs and eating cotton candy for a kid. at some point you have a crash if you deal with europe on the precipice. >> the stock market was surging because this shows they were on the verge of something bad happening had they not intervened. it was meant to buy time. it's understood it was meant to buy time. to give time for the european countries to come together
sending dollars over to other central banks. banks were not lending each other overnight. ey were running out of dollars. if they acquire a slightly lower rate of american dollars it will unseize up the system in europe. that is in our interest. not purchase of the bad debt of italy or spain on other country. that is why it's similar to be a similar event. the main prop remains, it's insolvent. waiting to see if germany bails out the rest of europe. if it does, they might have a hope in the...
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yields on banks bonds have prompted a record injection of cash from the central bank prissy alone over twenty six billion dollars to banks yesterday the most to nine years unless they reduce trouble the quiddity in russia is making lenders that's more expensive additional pressure is coming from capital flight which may double this year to seventy billion dollars. that's all we have time for now drawn in less than fifteen minutes for another business update here on r.t. . if. you. go to. the be. limited. to. just sleep. if the but if. the be.
yields on banks bonds have prompted a record injection of cash from the central bank prissy alone over twenty six billion dollars to banks yesterday the most to nine years unless they reduce trouble the quiddity in russia is making lenders that's more expensive additional pressure is coming from capital flight which may double this year to seventy billion dollars. that's all we have time for now drawn in less than fifteen minutes for another business update here on r.t. . if. you. go to. the...
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Nov 30, 2011
11/11
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dollars. banks need dollars to fund their daily operations. without them, we could have a credit clash, like the one we saw three years ago, following the collapse of lehman brothers. better than expected news on the job market also put investors in a buying mood. private employers added 206,000 jobs last month. that was better than expected. and a number of planned cuts fell. the reports point to some improvements in the job market. and hope to raise the government report which comes out on friday. traders shrugged off a ratings downgrade by standard and poors for six major banks, including bank of america and citigroup. the downgrades was based on how much debt a bank was carrying and how well it can weather another economic downturn. >> reporter: the number of americans who signed a contract to buy homes jumped 10% in october to the highest level in a year. but the national association of realtors says the gain follows three months of decline and is not enough to signal a housing recovery. that's your money watch. for more, go to cbsmoneywa
dollars. banks need dollars to fund their daily operations. without them, we could have a credit clash, like the one we saw three years ago, following the collapse of lehman brothers. better than expected news on the job market also put investors in a buying mood. private employers added 206,000 jobs last month. that was better than expected. and a number of planned cuts fell. the reports point to some improvements in the job market. and hope to raise the government report which comes out on...
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Nov 14, 2011
11/11
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you have a problem and if you of the bank of million dollars the bank has a problem. >> that is how i started the book. [applause] >> the corollary is in the brave new future if the dollar is not the currency the entire world, what does it mean for our ability to buy your books later on? but that said let's go to the first question. >> the question is the sovereign debt in the u.s. what does it do to the future growth output of the u. s? the effect -- historically debt has been the growth of empire. >> you want to take that? >> i will give a start. to the extent that the debt is owed to non-american is what sort of terms to foreign creditors insist to roll over the debt? if china is happy to rollover the debt it is no problem. if china for example decides it will insist on higher interest rates or take its money elsewhere then that puts a crimp on the american economy. interest rates have to rise to attract the money and roll over the death and the interest rate the fed pays the treasury pays filter through the economy and interest rates go up. to the extent that the debt is
you have a problem and if you of the bank of million dollars the bank has a problem. >> that is how i started the book. [applause] >> the corollary is in the brave new future if the dollar is not the currency the entire world, what does it mean for our ability to buy your books later on? but that said let's go to the first question. >> the question is the sovereign debt in the u.s. what does it do to the future growth output of the u. s? the effect -- historically debt has...
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federal reserve and the european central bank agreed to lower the cost of dollar swaps as means to boost liquidity and avoid a credit crunch meanwhile the chinese central bank took unilateral measures to boost liquidity and its economy i was under a complete go from troika dialog explains what's being going on. the use will be a big. change in their reserve requirements so it can be built inside for the chinese banks just to ease this information with liquidity in the kidneys markets bought off towards the major news came to seventy in the zero zero zero s. mostly time where all the major or certain food banks in the world to the east peace war were really slow for you as well those that actually it's not that important but it's important that at least consumers but it's there for all the central banks you still possible in the current environment. and some of the numbers now and the coordinated action by central banks has given a lift to the all asset clause classes including oil likes where it is trading at one hundred one dollars about well brant is of course one hundred eleven dollar
federal reserve and the european central bank agreed to lower the cost of dollar swaps as means to boost liquidity and avoid a credit crunch meanwhile the chinese central bank took unilateral measures to boost liquidity and its economy i was under a complete go from troika dialog explains what's being going on. the use will be a big. change in their reserve requirements so it can be built inside for the chinese banks just to ease this information with liquidity in the kidneys markets bought off...
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Nov 29, 2011
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has been a four-time elected congressman, who's been elected a governor, who's built a billion dollar bankh the help of others but no help from the federal government, a successful businessman. do you think a man who talks about a leader that needs to be free, do you think he would get on a debate? i have not been asked to a single debate. i have been a republican for 20 years. i tried to build my party or help build it in louisiana. i'm proud of my record, but i cannot get on a debate when when others who have no political experience at all. i mean there's a pizza guy on the debate. not to put herman cain down, but my god, you are running for president. should some experience count? you know what they don't want to hear, rachel? they don't want to hear about the money. neither party does. republicans, particularly. the only ones asked are the ones that raise a lot of money in the last 90 days. do you know that was a criterion for the last debate? did you raise $500,000 in the last 90 days. is that the way you pick a president, rachel? >> when i think about your effort and who you are talk
has been a four-time elected congressman, who's been elected a governor, who's built a billion dollar bankh the help of others but no help from the federal government, a successful businessman. do you think a man who talks about a leader that needs to be free, do you think he would get on a debate? i have not been asked to a single debate. i have been a republican for 20 years. i tried to build my party or help build it in louisiana. i'm proud of my record, but i cannot get on a debate when...
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Nov 4, 2011
11/11
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bank transfer day. now, that was started on facebook. fox claims the move will cost him tens of thousands of dollars in bank fees but he has decided to do it anyway. i asked bank of america for comment about this unusual little press conference that you're seeing here live in san jose. they said we're sorry to hear about mr. fox's plan. every customer is important to us and it's important that customers are aware that all bank of america does for the community. i'm sure we'll talk much more about it at 5:00 and 6:00. >>> other economic news, america added 80,000 jobs in the month of october. private business actually added more than that, but all the government lay-offs chewed into it. unemployment down one-tenth of 1%. that size is really irrelevant. the unemployment is a statistical guess anyway. groupon started selling stock to the public for the first time this morning, just $8.03, went to a 40% jump. the percentage the company was actually broken off and sold to the public, jon and marla, is tiny. this is still the largest tech ipo since google's overall in value, marla, but the size of the company you'll be getting is less than 20
bank transfer day. now, that was started on facebook. fox claims the move will cost him tens of thousands of dollars in bank fees but he has decided to do it anyway. i asked bank of america for comment about this unusual little press conference that you're seeing here live in san jose. they said we're sorry to hear about mr. fox's plan. every customer is important to us and it's important that customers are aware that all bank of america does for the community. i'm sure we'll talk much more...
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and spain's bank of sometimes buried more than one hundred twenty three and sixty eight billion dollars respectively spera buying hasn't pushed us to join the ranks of the world's top ten banks within the next three years. now europe's didn't induct crisis stoking concerns of a cash squeeze among russian lenders growing yields on bones have prompted a record injection of cash from the central bank bunker assailant over twenty six billion dollars to buy us yesterday the most a nine hears analysts say we're just trouble liquidity in russia is making lenders that's more expensive additional pressure is coming from capsule flight which may double the seer to seventeen minute of us ok you're up to date that's it for now another business update in less than thirty minutes. wealthy british style. guys. like that. market.
and spain's bank of sometimes buried more than one hundred twenty three and sixty eight billion dollars respectively spera buying hasn't pushed us to join the ranks of the world's top ten banks within the next three years. now europe's didn't induct crisis stoking concerns of a cash squeeze among russian lenders growing yields on bones have prompted a record injection of cash from the central bank bunker assailant over twenty six billion dollars to buy us yesterday the most a nine hears...
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bank bonds that prompted a regular injection of cash from the central bank bank of russia lent over twenty six billion dollars to banks on choosing the most in nine years and the same reduced ruble liquidity in russia is making lenders debt more expensive additional pressure is coming from capital flight which may double this year to reach seventy billion dollars. russian comic could get as group is joining up with a chinese truck maker which could see ten thousand vehicles roll off the production line it will be a fifty fifty venture with a first automobile works both being tight lipped on the level of vestment but on this expected to reach of the sixty million dollars he also believes the new trucks so will face fierce competition from russia's which controls half of the domestic market meanwhile gaz move is also planning to launch assembly a local line school volkswagen chevrolet next. alright the headlines are next on our to do join our maps as of that. ride to clean a ghost town. squandered money. nor do sixty square kilometers of environmental devastation and those who are still surprisingly living live
bank bonds that prompted a regular injection of cash from the central bank bank of russia lent over twenty six billion dollars to banks on choosing the most in nine years and the same reduced ruble liquidity in russia is making lenders debt more expensive additional pressure is coming from capital flight which may double this year to reach seventy billion dollars. russian comic could get as group is joining up with a chinese truck maker which could see ten thousand vehicles roll off the...
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to death on charges of taking bribes of over thirty six million which is around six million dollars then banks on nov seventeenth his son was sentenced to ten years in prison for taking bribes of two million dollars and this is the killer sentence here in this case the son was sentenced for using his father's connections to support getting. new contracts for companies he was then pay dividends by the companies so just by using his own father's connections now you think of david cameron's entire cabinet and all that they have behind him they have no work experience no credibility no intelligence or know how all they have is that they were part of the lucky sperm club if they were complying with china's standard of moral rectitude they would also all be five finger death. so you have to ask yourself why would you rather have your money and david cameron's jews shack or dog vaporizing out the window because seasoning or china where people actually kill the malcontents say sir thanks so much for being on the kaiser report thank you max i go away much more coming away so stay right there. the journ
to death on charges of taking bribes of over thirty six million which is around six million dollars then banks on nov seventeenth his son was sentenced to ten years in prison for taking bribes of two million dollars and this is the killer sentence here in this case the son was sentenced for using his father's connections to support getting. new contracts for companies he was then pay dividends by the companies so just by using his own father's connections now you think of david cameron's entire...
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capital flight from russia is expected to double by the end of the here to seventy billion dollars the central bank says investors are leaving the merchant nations and with global economic uncertainty the performance is still expected to be better than in two thousand and eight when one hundred thirty billion dollars left. in russia in the fourth quarter alone while the central bank also points out that international reserves and not affected by capital flight and exports driven budget surplus will help russia grocers that spike twenty three billion dollars this year. and russia's direct investment fund is going to strike five billion dollars worth of deals by the end of that yet that's according to the found guilty fund me triffids says they're now considering round twenty investment projects stephen gaika from school of the foundation believes it's the right time for russia to try tracked cash from report what's happened since two thousand and eight. and the subsequent issues are now occurring in europe as well as the situation in the american economy i believe american investors are taking a fre
capital flight from russia is expected to double by the end of the here to seventy billion dollars the central bank says investors are leaving the merchant nations and with global economic uncertainty the performance is still expected to be better than in two thousand and eight when one hundred thirty billion dollars left. in russia in the fourth quarter alone while the central bank also points out that international reserves and not affected by capital flight and exports driven budget surplus...
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banks are selling assets at bargain prices and your bank has both retail and business services with a credit portfolio of around four billion dollars spread bank recently bought the eastern european arm bank and announced plans to buy into turkey's dennett's bank. well that's all for me for this hour i'll be back with more in about fifteen minutes so i hope you join me that. culture is that so much of the taxpayers' money i mean when i sit here in the real ministry of the hero of crisis without end eurozone leaders and national governments continue to be a blogger heads on how to rescue a currency. and broadcasting live direct from our studios and some most of us are to do with us the u.n. nuclear watchdog reports that iran could be developing the technology to produce weapons in its first public revelation of such claims the findings are raising worries of a might become a pretext for preemptive strike against iran. the lengthy standoff in a northern kosovo between serbs and nato back closer than poland's finally draws and one intends. and partly blames pristina for the trouble that said the locals who don't want to live in self-p
banks are selling assets at bargain prices and your bank has both retail and business services with a credit portfolio of around four billion dollars spread bank recently bought the eastern european arm bank and announced plans to buy into turkey's dennett's bank. well that's all for me for this hour i'll be back with more in about fifteen minutes so i hope you join me that. culture is that so much of the taxpayers' money i mean when i sit here in the real ministry of the hero of crisis without...
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Nov 30, 2011
11/11
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many of these european banks have had difficulty in getting enough dollars. so, last month this problem had been getting more and more acute. the european central bank had had to give as much as $255 million from the federal reserve to try to settle that demand. they are making more dollars available to the banks so they can meet their obligations and avoid the credit crisis that we saw a few years ago. >> we are dealing with two separate problems. we are dealing with the short- term problem of not enough credit being available the longer term problem of too much credit available in the past. >> that is going to be the challenge lies ahead. what we see today is that the central banks have bought time, the question now is what is done with that time? all eyes are turning to a meeting between european leaders. there is pressure on them to try to come up with a plan. obviously, that is the big concern now -- what can be done? certainly talking to investors, they would like to see the european central bank play a greater role in this crisis. possibly buying up the
many of these european banks have had difficulty in getting enough dollars. so, last month this problem had been getting more and more acute. the european central bank had had to give as much as $255 million from the federal reserve to try to settle that demand. they are making more dollars available to the banks so they can meet their obligations and avoid the credit crisis that we saw a few years ago. >> we are dealing with two separate problems. we are dealing with the short- term...
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banks are selling assets and bargain prices either your bank has both retail and business services but a credit portfolio of around four billion dollars graham bank recently bought and used to this new can of folks banks and announced plans to buy into turkey's debt expect. it's all happening at this hour by don't forget you can always log on to a website called slash. and discover it's. communicate with you want to. test yourself and become free. see what nature can give you. a good close up team has been to the region where technological breakthroughs say humanoids. on she goes to the sea. the unusual ways to protect nature. are for pioneers place local cuisine to the highest pitch. for future developments depends on the great. coast who should close up on our t.v. . broadcasting live from our studios in central moscow this is our. bed with. the u.n. nuclear watchdog reports of the iran that could be developing the technology to produce weapons and it's a first public revelation of such claims the findings are raising worries that they might become a pretext for a preemptive strike against tehran. like the standoff in northern kosov
banks are selling assets and bargain prices either your bank has both retail and business services but a credit portfolio of around four billion dollars graham bank recently bought and used to this new can of folks banks and announced plans to buy into turkey's debt expect. it's all happening at this hour by don't forget you can always log on to a website called slash. and discover it's. communicate with you want to. test yourself and become free. see what nature can give you. a good close up...
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banks are selling assets at bargain prices and your bank has both retail and business services with a credit for year of around four billion dollars spread bank recently bought the eastern european arm of folks bank announced plans to buy into turkey's debt its. so i have for you for now but stay with us for headline news coming up next. culture is that so much of a taxpayer is coming to exist in a real commitment to be here on a crisis without and eurozone leaders and national governments continue to be a blogger heads on how to rescue our currency. the e.u. . the been limited to just see the beasts . to. subsist. on. wealthy british style. sometimes it's crisis. markets succumb to find out what's really happening. for the global economy for a no holds barred look at the global financial headlines tune in to gaza reports. ten thirty in the morning here in moscow glad to have you with us let's take a look at your top headlines the u.n. nuclear watchdog reports that iran could be developing the technology to produce weapons it is the first public revelation of such claims the findings are raising worries that they may become a pret
banks are selling assets at bargain prices and your bank has both retail and business services with a credit for year of around four billion dollars spread bank recently bought the eastern european arm of folks bank announced plans to buy into turkey's debt its. so i have for you for now but stay with us for headline news coming up next. culture is that so much of a taxpayer is coming to exist in a real commitment to be here on a crisis without and eurozone leaders and national governments...
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Nov 1, 2011
11/11
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WBFF
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ending its five- dollar monthly fee tomorrow. the bankshve lso agreed to refund customerssfor previously charged fees.they say custommr reaction drove the back-track. 3 the flu virus kills thousands of people each year, andda recent report shows the flu shot is not as affective as we thought. so with flu season starting now, is there anything we can do to fight back? joel d. &psmith is live at the new pxpress care in owings mills with the 5 ttings you can do now, to increase your chances of skipping the flu. good morning joel d. 3 3 good morning patrice. for most people a haunted house isn'' about life leesons.. but a just a time to havv fun and be scared!but for one mother in texas... she wass't too happy about a "haanted house" in her area. linday ybarra took her son o hhs haunted house for a good scare.they wanned to see the usual sights...the zombies.... vampires... and undead... but the alloween fan says this haunted house left her feeling violated. i quickly realiied that ttis is not something that i wanteed to be aa. so i asked if i
ending its five- dollar monthly fee tomorrow. the bankshve lso agreed to refund customerssfor previously charged fees.they say custommr reaction drove the back-track. 3 the flu virus kills thousands of people each year, andda recent report shows the flu shot is not as affective as we thought. so with flu season starting now, is there anything we can do to fight back? joel d. &psmith is live at the new pxpress care in owings mills with the 5 ttings you can do now, to increase your chances of...
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banks are selling assets at bargain prices i know your bank has both retail and business services with a credit for four neo overall four billion dollars the bank recently bought the eastern european arm of folks bank announced plans to buy into tenants. that sold the news i have for this hour but i'll be back in about twenty five minutes with more. the. the close up team has been to the region where technological breakthroughs save human lives. are chico's to the sea. or unusual ways to protect nature. where farming pioneers place local cuisine to the highest pitch. and for future developments depend on the way. his black sea coast should close up on our. we'll. bring you the latest. from. the u.n. nuclear watchdog reports that iran could be developing the technology to produce weapons in its first public revelation of such claims the findings are raising worries they might become a pretext for a strike against tehran. northern kosovo between. police finally draws. blame for the trouble. don't want to live in self-proclaimed independent kosovo. into syria part of everyday life. financial fall of. the previously political prime ministe
banks are selling assets at bargain prices i know your bank has both retail and business services with a credit for four neo overall four billion dollars the bank recently bought the eastern european arm of folks bank announced plans to buy into tenants. that sold the news i have for this hour but i'll be back in about twenty five minutes with more. the. the close up team has been to the region where technological breakthroughs save human lives. are chico's to the sea. or unusual ways to...
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Nov 30, 2011
11/11
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CNNW
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again, all about making it cheaper for banks around the world to trade in u.s. dollars. we've been seeing, don, since may, there have been some cracks and some concerns about what's been happening between the banks and the cost of them to do that borrowing. again, this is the oxygen and the blood of the global economy, right? so, these are the central banks trying to make sure that we keep it healthy. >> all right, we'll be watching it along with christine romans. the markets open at the bottom of the hour. thank you, christine. >>> on now to this story the syracuse university basketball team playing on its home court for the first time since long-time assistant bernie fine was fired over sexual abuse allegations. jim boeheim walked on the floor to a pause. he met with the referees and boeheim had a warm embrace with eastern michigan coach jim murphy who was an assistant to boeheim for seven years. as you can see there during the introductions, he received a thunderous ovation. to ed lavandera who was at the game last night. an easy win for the basketball team. maybe a to
again, all about making it cheaper for banks around the world to trade in u.s. dollars. we've been seeing, don, since may, there have been some cracks and some concerns about what's been happening between the banks and the cost of them to do that borrowing. again, this is the oxygen and the blood of the global economy, right? so, these are the central banks trying to make sure that we keep it healthy. >> all right, we'll be watching it along with christine romans. the markets open at the...
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of below market rates without telling congress and those banks that went on to make thirteen billion dollars off of them or the revelation that hank paulson sat down with them his old buddies a goldman sachs and told him that the u.s. government was going to put fannie and freddie a conservatorship weeks before the public had such knowledge because both those things are pretty messed up so it turns out that under current law the fed doesn't have to report to congress whatsoever the one and only time they've had to open up their books is during the first ever government accountability office audit this past year and in fact the only reason we know about the fed lending is due to a freedom of information act. and i asked for hank paulson disclosing on public information to his friends fairly that's totally kosher because there's no direct evidence that that information was traded on which seems absolutely insane to me so yes i would agree if this is the way things are going to work around here a total overhaul the system is exactly what's needed next i want to respond to the viewer who watched
of below market rates without telling congress and those banks that went on to make thirteen billion dollars off of them or the revelation that hank paulson sat down with them his old buddies a goldman sachs and told him that the u.s. government was going to put fannie and freddie a conservatorship weeks before the public had such knowledge because both those things are pretty messed up so it turns out that under current law the fed doesn't have to report to congress whatsoever the one and only...
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european banks are selling assets and bargain prices at the bank has both retail and business services with a credit portfolio of around four billion dollars the bank recently bought the east european arm of fox bank and announced plans to buy into turkey's debt. that's all for me for this hour but remember you can always find more stories just log on to a website a dot com. discovery . communicate with the wind. and become free. see what nature can give you. the close up team has been to the. core technological drug. through save human lives. now archie goes to the sea. where unusual ways to protect nature are facts. where farming pioneers place local cuisine to the highest pitch. and where future developments depend on the way for local russia's black sea coast commercial close up on our t.v. . live from moscow this is our t.v. . headlines. the u.n. nuclear watchdog reports that iran could be developing the technology to produce weapons in its first public revelation of such claims the findings are raising worries that they might become a pretext for preemptive strikes against iran. the lengthy standoff in northern kosovo between serbs a
european banks are selling assets and bargain prices at the bank has both retail and business services with a credit portfolio of around four billion dollars the bank recently bought the east european arm of fox bank and announced plans to buy into turkey's debt. that's all for me for this hour but remember you can always find more stories just log on to a website a dot com. discovery . communicate with the wind. and become free. see what nature can give you. the close up team has been to the....