Linda Young – AHN News Writer
Paris, France (AHN) – Growth in the euro zone’s services sector economy slowed slightly in May and business confidence weakened to its lowest point in 18 months, according to surveys released on Friday. The slowdown in growth occurred despite inflationary pressures beginning to ease. Eurozone growth slowed to a four-month low of 56 in May, down slightly from 56.7 in April, according to the Markit Eurozone Services PMI released Friday. Any reading over 50 represents growth. However, business activity was not uniform among eurozone nations with France recording the strongest growth. Germany reported slightly slower growth than France did, but it still registered robust expansion. However, other nations saw a weaker [...] Continue Reading…
Euro zone sees service sector growth slow
Cost of peripheral eurozone debt rises
Yields increase amid continuing worries over Greece after its ratings downgrade but a sharper jump is avoided on rising hopes of fresh rescue loans
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Israel, India look to high tech as trade ties expand
The Media Line Staff
Jerusalem, Israel David Rosenberg – Israeli and Indian industry associations signed a memorandum of understating on Wednesday aimed at spurring cross-border innovation and entrepreneurship, as the two countries add high technology to their growing network of trade and economic cooperation. While bilateral trade has grown exponentially, the agreement between the Confederation of Indian Industry (CII), the country’s biggest trade association, and the Israel High Tech Industries Association, is unusual in that it focuses on technology. The Indian state of Andhra Pradesh, home to the up-and-coming software center of Hyderabad, is close to signing a pact with Israel’s Matimop, a government agency that facilitates multinational research and development ventures. High tech is important to both [...] Continue Reading…
Doorsteps Loans- Enjoy Instant Cash to Your Door
Offering instant cash to your door, doorsteps loans are introduced in the UK finance market to support the fixed salary people. This loan is a key to your financial crisis when an urgent need to funds arrives at your door without any prior notification. Many of the online finance companies are providing funds at your home that’s too is without hassle and no paper work. Door step cash loans are short term loans to cover your short term monetary crisis. All working people can trust on these loans without any hesitation. Advantages of Doorsteps Loans:* Easy financial help: Doorstep loans are easy loans, you can apply for these loans without any problems and wastage of time. Quick approval is [...] Continue Reading…
Ally Financial bets on risky subprime car loans (Reuters)
Reuters – Ally Financial Inc, the United States’ largest maker of car loans, hopes that people have forgotten the time when “subprime” became a synonym for “disaster.”
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Egypt throws open a border and nobody comes
The Media Line Staff
Rafah Terminal, Gaza Strip, Palestinian Territory Omar Ghraieb and David Ro – The Rafah terminal on the Gaza-Egypt border is a subdued place these days. When Egypt made good on its promise and eased controls governing entry and exit from the Gaza Strip on Saturday, the events received worldwide attention. Hatem Awideh, of the Gaza border, called it “a cornerstone for a new era” while The New York Times headlined it: “Egypt Lifts Blockade, Along With the Gazans’ Hopes.” Israel’s opposition Kadima Party declared the opening a “national failure.” The Turkish organizers of a flotilla due to leave for Gaza with aid supplies next month felt compelled to defend their decision to go ahead with [...] Continue Reading…
Unsecured Loans : is an Admirable Deal
Unsecured loans is an admirable deal among the borrower who unable to keep some collateral against the desired amount. These loan agreements can be offered to both individuals or to businesses, usually small businesses. Unsecured loans means that no security, these loans are risky for the lender yet risk free for the borrower. In case of default, lender doesn’t have any option left to get his money back. While on the other hand, borrower can lead an enjoyable life without any risk of loss of any possession. Advantage of Unsecured Loans: * Through Unsecured loans, you can take amount in between £1000 to £1, 5000 for the repayment period of 6 months to 10 year. * No collateral and [...] Continue Reading…
Containing Greek debt crisis is top priority: Analysts
Europe has survived another week of Greece’s debt saga but must decide on new loans to Athens and take care that potential remedies do not kill the patient or its neighbours, analysts say.
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Bad Credit Student Loans: A Brighter Tomorrow For The Students
If the students are looking for the loan to pay for their college fees, and they do not have the good credit records then bad credit student loans are the perfect loans for those students. This loan is also called the Federal loan for students. Sometimes it becomes hard to meet the financial expenses due to the lack of funds. These loans do not require credit check but also offer the lowest rate of interest. These loans provide borrowers the better interest rate even if they have poor credit ratings. Poor credit score affects the ability to avail any loan but with the bad credit loans the issue of the credit become of no use. As the name suggest, [...] Continue Reading…
Arab Spring overshadows G8 meeting, Russia defers on Syria
Tejinder Singh – AHN News Correspondent
Washington, D.C., United States (AHN) – The United States put up a brave face on Friday in Washington as Russian delegation rejected U.N. intervention in Syria but Moscow agreed that time for Libyan leader Colonel Moammer Gaddafi was up. Addressing journalists in Washington, Mark Toner, the U.S. State Department spokesman said, “In terms of the Security Council, I mean, obviously, we’ve been in discussions with our partners there about the most appropriate approach to condemning the ongoing violence in Syria.” “We support pursuing a Security Council resolution. But beyond that, I don’t have any comment,” added Toner during the daily briefing at the State Department. Pressed further about the Russian position [...] Continue Reading…