Archive for the ‘Bad Credit Loans’ Category

Japan announced food aid to Nepal

Anil Giri – AHN News Correspondent Kathmandu, Nepal (AHN) – Japan has agreed to provide financial support of ¥250 million (approximately $3 million) to Nepal as food aid. Narayan Kaji Shrestha, Nepal’s deputy prime minister and minister for foreign affairs, and Koichiro Gemba, Japan’s foreign minister, witnessed the signing of the deal Sunday at the [...]

Microloan demand grows in the West Bank and Gaza Strip, despite the risks

Gaza, Palestinian Territory (IRIN) – The demand for microloans has risen steeply in the West Bank and Gaza Strip in recent years, according to data from the Palestinian Network for Small and Microfinance (Sharakeh), which represents 11 microfinance non-profit institutions whose total loan portfolio was US$75 million by the end of 2011. Between 2007 and [...]

IMF aid becomes Egyptian political football

The Media Line Staff Cairo, Egypt David Rosenberg / The Med – An International Monetary Fund loan critical to propping up Egypt’s teetering economy is being jeopardized by domestic political infighting that threatens to delay or even scuttle the program, economists say. An IMF delegation left Cairo late on Tuesday after 17 days of talks [...]

Alarm rung late, food running out

Mao, Chad (IRIN) – Late Chadian government recognition of a food crisis, a slow build-up from aid agencies, and severe pipeline constraints due to closed Libyan and Nigerian borders mean food aid has not yet arrived in Chad, despite many thousands of people having already run out of food. Residents of Eri Toukoul village in [...]

Fears of rising malnutrition amid increasing poverty

Cairo, Egypt (IRIN) – Nasser Ali Hossan Morsy, who worked as a porter in central-northern Egypt, knew he needed another source of income when he suffered lower back problems last year so he decided to take a loan and buy a motorcycle. The motorcycle, he reasoned, would help him provide for his wife and five [...]

What Do Republican Presidential Candidates Say on Foreclosure Crisis? Not Much.

ProPublica Staff Washington, DC, United States (ProPublica) – by Lois Beckett As we’ve detailed, President Obama’s plans to help homeowners have come up short time and again. We recently looked at Obama’s latest proposals, most of which are unlikely to make a major dent in the crisis. So, how about the Republican presidential candidates: What [...]

Clock ticking for Egypt’s finances

The Media Line Staff Cairo, Egypt (The Media Line) – Egypt faces a risk-laden game of Beat the Clock as it tries to get its political house in order before its foreign currency reserves sink much more. Reserves fell to $16.4 billion in January from about $36 million a year earlier, a drop that economists [...]

Thierry Henry to return to Red Bulls next week

AHN Sports Staff London, England, United Kingdom (AHN Sports) – Thierry Henry is headed back to New York. Arsenal’s all-time leading scorer, Henry will return to New York Red Bulls next week as his loan reaches an agreed date, Arsenal manager Arsene Wenger said on Friday. The 34-year-old originally played for Arsenal from 1999 until [...]

Celtics avoid second straight collapse against Cavs

AHN Sports Staff Cleveland, OH, United States (AHN Sports) – Two nights after scoring the final 12 points to secure a one-point win against Boston, Cleveland cut a 21-point deficit to two Tuesday at Quickens Loan Arena before dropping a 93-90 decision to the bewildered Celtics. Anderson Varajao had a Herculean effort with 20 points [...]

Mortgage rates hit another record low

Diane Alter – AHN News Reporter New York, NY, United States (AHN) – Rates for U.S. 30 year mortgages dropped to the lowest level on record as the number of homeowners seeking to reduce their monthly payments soared. The average rate for a 30-year fixed loan for the week ending Jan. 19 fell to 3.88 [...]

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