Saturday, May 9, 2009 The five largest United States banks need a total of US$74.6 billion in extra funds to increase their cash reserves, according to so-called “stress tests” conducted by regulators to determine whether the banks have enough capital to survive the ongoing recession. “Our hope with today’s actions is that banks are going to be able to get back to the business of banking,” said Timothy Geithner, the US Treasury Secretary. The results of the stress-test determined that Bank of America was the bank most at risk, needing…
Day: June 23, 2018
Signs You Need A New Dentist
Click Here For More Specific Information On: Dentist Double Bay Dentists Double Bay Signs You Need a New Dentist by Andrew Stratton Most people do not like going to the dentist, but most people will not put off taking the necessary steps to keep their oral health in line. If you find yourself dreading going in to see these providers, it may be time to find a new one. The good news is there are numerous professionals available who want to provide you with great service. They want to be…
Reports: Taliban leader Mullah Dadullah killed in Afghanistan
Sunday, May 13, 2007 Mullah Dadullah, also known as Mullah Dadullah Akhund, a Taliban leader, radical Islamic cleric and military commander, has been killed in southern Afghanistan after an encounter with Afghan and Allied forces, according to the Afghan government. Saeed Ansari, an Afghan intelligence spokesman said, “Mullah Dadullah has been killed and his body is in Kandahar.” The governor of Kandahar, Asadullah Khalid told Reuters: “Yes, he was killed last night and right now I have his body before me.” He added that Dadullah was killed in Helmand Province.…
Eurozone approves Greece bailout
Monday, May 3, 2010 The European Union and International Monetary Fund (IMF) have agreed to provide the ailing Greek economy with 110 billion euros (US$146 billion) worth of loans over three years. Finance ministers from the sixteen countries that use the euro – known as the eurozone – approved the plan yesterday. According to the plan, the EU is to provide 80 billion euros of the loans, and the IMF the other 30 billion; it is aimed at preventing Greece from defaulting on debt. Before being fully implemented, however, the…
New Jersey backpedals on proposed bikini waxing ban
Saturday, March 21, 2009 New Jersey has reversed its plans for a state-wide ban on bikini waxing after salon owners from across the state spoke out against the proposal. The New Jersey Board of Cosmetology and Hairstyling planned to consider a ban on so-called “Brazilian waxes” in response to two women who reported being injured during a wax. But state Consumer Affairs Director David Szuchman, who oversees the board, asked them to abandon the ban in favor of reviewing and establishing safeguards for those who provide the service. “Many commentators…