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Aug 20, 2008 (LBO) - Sri Lanka's central bank said it is selling its own securities to remove money from the banking system, after running out of its Treasury bill stock in a bid ...

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Sri Lanka central bank sells own securities to destroy money - Lanka Business Online

Inflation is the biggest threat to the planned Gulf Co-operation Council monetary union, the chief economist at Dubai International Financial Centre (DIFC), warned yesterday ...

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Inflation major challenge to monetary union - Zawya.com

(MENAFN - Khaleej Times) Record high inflation in the UAE and Qatar is the main stumbling block to achieving the much-vaunted Gulf Monetary Union (GMU) goal by 2010, a top ...

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Record inflation threat to GCC currency union - MENAFN

Detroit’s Martin Luther King, Jr. Senior High band performed twice last week in China at youth cultural exchange programs during the Olympics. The Marching Crusaders were the ...

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King High band journal excerpts: Trip to China in their own words - Detroit Free Press

CHIANG MAI, Thailand - Myanmar's military junta has in recent months used a dual exchange rate regime to divert funds away from the humanitarian efforts overseen by the United ...

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Myanmar exchange scam fleeces UN - Asia Times

"A cup of coffee -- I've just got to have it," said Drew Stephenson of Muncie as he sat with some java and a laptop computer on the outdoor patio of the Blue Bottle in downtown ...

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Recession? Eat, drink and be merry? - Star-Press

In the mortgage industry, they are called "liar loans" - mortgages approved without requiring proof of the borrower's income or assets. The worst of them earn the nickname "ninja ...

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'Liar loans' threaten to prolong mortgage crisis - Arlington Heights Daily Herald

Today is a propitious day. Indeed a palindromic day. A day when forwards and backwards it remains the same. We have the quintuple palindromic zeros of the Olympics, opening today ...

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We have very little option than to raise the Cash Reserve Ratio” - L'Express

SYDNEY, Aug 20 (Reuters) - Australian companies are knocking on the doors of banks and even U.S. insurance companies for cash as the country's corporate bond market, one of the ...

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Aussie corporates turn to bank loans as bonds dry up - CNBC

TOKYO (Reuters) - The Bank of Japan cut its assessment of the economy for a second month in a row in a sign that a global slump sparked by the U.S. credit crisis may be spreading ...

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