Mortgage and Financial News From 2008-5-24 Page 9
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Tax cuts eaten by petrol price rises (News Interactive)
MUCH of the tax cut bonus to middle Australia from July will immediately disappear into the nation's petrol tanks.
2008-05-23 03:34:00 -
$135 and rising ... has cheap oil gone for ever? (Guardian Unlimited)
Consumers feel the pinch as analysts predict crude may reach $150 a barrel or even more
2008-05-23 04:12:34 -
Petrol may reach $2 this year (The Courier Mail)
MOTORISTS are confronting the nightmare of more bowser pain following warnings that petrol will crash through $2 a litre by the end of the year.
2008-05-23 05:30:00 -
Petrol pain until 2016 (The Age)
Petrol prices will keep rising for at least another eight years and inflation will plague economy in coming months.
2008-05-23 07:25:37 -
The last adventurer (WorldNet Daily)
Editor's Note: Journalist Anthony C. LoBaido has published scores of stories about South Africa and Zimbabwe, the former Rhodesia. LoBaido has spent several years living, working and traveling in southern Africa over the past two decades.
2008-05-23 09:45:02 -
Top Scoops (Scoop.co.nz)
LIA TARACHANSKY, RABBLE, CANADA - Once the catastrophe hit it was a long time before people started to understand what was really going on. By then, the world had abandoned the already marginalized communities, leaving them to fend for themselves while being ...
2008-05-23 11:38:22 -
Petrol $2.50 'within five years' (Perth Now)
WA motorists will be paying $2.50 a litre for petrol within five years, according to a renowned Texas forecaster who three years ago successfully predicted oil would break $US100 a barrel.
2008-05-24 02:00:00 -
Indonesia targets poor with cash amid fuel protests (Reuters via Yahoo! News)
Indonesia's government jacked up fuel prices on Saturday, sparking protests, but some $1.5 billion of cash handouts intended to cushion the blow for poor families could turn out to be a savvy move, politically and economically.
2008-05-24 03:40:10 -
Commercial-Mortgage-Bond Yield Spreads Tighten for Sixth Week - Bloomberg
May 23 (Bloomberg) -- The extra yield over benchmark Treasuries that investors demand to own top-rated commercial- mortgage securities declined for a sixth week, falling to the lowest since early January, according to a Morgan Stanley index. The ...
2008-05-23 12:05:00 -
Need a good mortgage deal? Cut out the middleman and do the legwork - Guardian Unlimited
Where can you find the best mortgage deals? In recent weeks many banks and building societies have cut mortgage brokers out of the equation, reserving their best deals for customers who contact them direct. Amid all the turmoil in the home loans ...
2008-05-23 03:54:00 -
B&B arm battered over debt - News.com.au
BABCOCK Brown Power scrip was smashed again yesterday as the depth of the company's debt problems was revealed to the market. The company's ASX-listed stapled securities fell 20 per cent amid heightened concern over the credibility of its disclosure ...
2008-05-23 07:05:00 -
Gazprom Took the Oil Upon Itself - Kommersant
On Saturday, Gazprom chairman of the board Aleksey Miller, talking to journalists in Yamburg, explained the way Rosneft projects were financed. He said that Gazpromneft will not only be deprived of independence in the process of drawing money, but ...
2008-05-23 09:02:00 -
ArcelorMittal, Chesapeake Lead $30.8 Billion of Sales (Update2) - Bloomberg
May 23 (Bloomberg) -- ArcelorMittal , the world's largest steelmaker, and natural gas producer Chesapeake Energy Corp. led $30.8 billion of U.S. corporate bond sales this week as May issuance of investment-grade debt climbed to records. Company bond ...
2008-05-23 03:11:00 -
Magna Entertainment Corp. Announces Amendments and Extensions of ... - Forbes
AURORA, ON, May 23 /PRNewswire-FirstCall/ - Magna Entertainment Corp. ("MEC" or the "Company") (NASDAQ: MECA; TSX: MEC.A) today announced that it has amended certain of its financing agreements including: - extending the maturity date of its $40 ...
2008-05-23 04:30:00 -
Airport regulator urges BAA breakup - Financial Times
The future breakup of BAA moved a step closer on Friday, as the airports economic regulator said the group’s common ownership of Heathrow, Gatwick and Stansted was harmful to competition. Harry Bush, group director of economic regulation at the ...
2008-05-23 02:36:00