Archive for the ‘Bad Credit Loans’ Category

Microcredit helps small businesses buck the system in Madagascar

Egypt’s food security in peril as fuel crisis intensifies

Russian oil producer Rosneft to double crude-oil deliveries to China

Nathan Andrada – Fourth Estate Cooperative Contributor Moscow, Russian Federation (4E) – Russia’s OAO Rosneft reached a deal with the Chinese government Friday to double its crude-oil deliveries from its current volume, boosting energy links between the two major emerging economies, Russia and China. Under the agreement, China will provide Rosneft, the world’s largest listed [...]

Michigan Gov. Snyder appoints bankruptcy lawyer to fix Detroit financial crisis

Windsor Genova – Fourth Estate Cooperative Contributor Detroit, MI, United States (4E) – Michigan Gov. Rick Snyder announced Thursday the appointment of Washington, D.C. bankruptcy attorney Kevyn Orr as emergency financial manager tasked to fix the financial crisis gripping Detroit. Snyder introduced Orr in a press conference also attended by Mayor Dave Bing at the [...]

Disparate Impact and Fair Housing: Seven Cases You Should Know

ProPublica Staff Washington, DC, United States (ProPublica) – by Christie Thompson Last week, the Obama administration formalized the legal standard it has used to enforce fair housing laws and hold banks accountable for their role in a foreclosure crisis that hit black and Latino homeowners the hardest. The U.S. Department of Housing and Urban Development [...]

Consumer protection agency finalizes new rules for U.S. mortgages

Nathan Andrada – Fourth Estate Cooperative Contributor Washington, DC, United States (4E) – The U.S. Consumer Financial Protection Bureau (CFPB) has completed the rules that require financial firms to exhaust all available options to prevent delinquent borrowers from losing their homes, a move seen as a significant step in fixing the country’s mortgage market. The [...]

How Financial Aid Letters Often Leave Students Confused and Misinformed

ProPublica Staff Washington, DC, United States (ProPublica) – by Marian Wang The financial aid award letters that colleges send to prospective students can be confusing: Many mix grants, scholarships and loans all under the heading of “Award,” “Financial Assistance,” or “Offered Financial Aid.” Some schools also suggest loans in amounts that families can’t afford. Take [...]

Vegetable farmers face lack of government support in Sri Lanka

Kotte, Sri Lanka (IRIN) – While the government focuses on boosting rice production in Sri Lanka, the fresh produce industry, with its contribution of essential nutrients and potential for providing livelihoods, needs more support, say farmers. “Take what we are faced with now – the [impact of] lack of water on paddy is being highlighted, [...]

World Bank offers $85 million grant to help Myanmar clear its debt

Fourth Estate Cooperative Staff Yangon, Myanmar (4E) – In an attempt to support Myanmar’s economical and political reforms, the World Bank (WB) on Wednesday offered a grant of $85 million to help the debt-ridden Southeast Asian country. WB President Jim Yong Kim, in a statement, said that the world lending body is committed at eradicating [...]

Russia signs $10 billion nuclear power plant deal with Belarus

Fourth Estate Cooperative Staff Minsk, Belarus (4E) – Russia on Wednesday signed a nuclear power plant deal with Belarus in Minsk. Under the deal, Russia will provide financial assistance to help Belarus build its first Nuclear Power Plant (NPP). The deal was signed during a meeting between the leaders of the two countries in Belarusian [...]

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