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| | | ... crisis which claimed Greece and Ireland last year is far from over. Late in the day, Ireland announced that its stricken banks needed another 24 billion euros to cover losses, taking very nearly all the money set aside for them under its EU-IMF bailout ... |
| | | | ... Relief Program that was autographed into law by President Bush Junior on 3 October 2008 to bailout America's "troubled" banks and financial institutions at the height of the GFC. Turns out that the US Treasury made a good investment out of that one. ... |
| | | | ... five cash enhanced, with S&P finding that cash funds have certain quality investment aspects despite high competition from banks. "Cash funds are still competing with attractive rates from the banks. However, they offer the benefits of diversification ... |
| | | | ... fuel prices and natural disasters in New Zealand, Queensland and Japan. Qantas was up four cents at $2.19. The big retail banks were firmer. ANZ had climbed 27 cents to $23.78, NAB had advanced 19 cents to $25.54 and Westpac was eight cents higher at ... |
| | | | ... years. "Where it will end up in 2020, I predict 50 or so mutual credit unions and probably two or three the size of small banks." He said a similar story of consolidation would exist for not-for-profit superannuation funds. Elana Rubin, chair of AustralianSuper ... |
| | | | ... under your bed. The risk of your money getting devoured by bed bugs is less than almost zero per cent offered by the central banks of these countries and the risk of it being swamped liquidity they've flooded their economies. There's Australia's inflation ... |
| | | | ... 1030 AEDT, BHP Billiton was down 36 cents, or 0.8 per cent at $44.40 and Rio Tinto was 13 cents lower at $81.89. The major banks were mixed. Westpac was two cents higher at $23.75, National Australia Bank firmed nine cents to $25.11, ANZ found eight ... |
| | | | ... and the debasement of paper currencies resulting from the pumping of money, money, money by the world's biggest central banks. The tension in Libya and the MENA region is certainly a factor for continued gains in energy prices - up 35.5 per cent since ... |
| | | | ... patterns - they're not as normal as you'd like them to be - and in some ways, that has driven up prices." That said, central banks have responded to this by tightening their monetary policies. "In that sense, we think a lot of the bad news we read about ... |
| | | | The Australian stock market was firmly into positive territory by noon as banks, resources and energy stocks pulled the local bourse to higher ground. At 1220 AEDT, the benchmark S&P/ASX200 index was up 32 points, or 0.68 per cent, at 4731.4 points ... |
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