QCB on guard against heavy capital inflows
Reuters/Dubai The Qatar Central Bank said yesterday it needs to guard against a large interest rate differential with advanced economies, which could spur heavy capital inflows, and must ensure sustained bank lending to support growth of the Gulf economy.
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Flood Relief on its Way
Help is on it’s way for those affected by flood waters in the form of low interest disaster loans. Small Business Administration announces the organization will provide assistance for 16 Minnesota Counties. In our area Blue Earth, Faribault, Freeborn, Jackson, Martin, Stele, Waseca and Watonwan Counties are all eligible for the assistance. Under the approved disaster declaration loans up to $200 …
Read more on 12 FOX Mankato
Save a Mint?
Wealthy Boomer: Three years after its launch in the U.S. market, and a year after its acquisition by software giant Intuit Inc., personal finance tool Mint.com is coming to Canada
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Who can magically fix the economy? No one – Full version
Let us tell you an ugly truth about the economy, a truth that no one in power or who aspires to power wants to share with you, at least until after the midterm elections are over.
Read more on CNN Money
Mortgage rates fall further
WASHINGTON – Rates on 30-year mortgages fell this week to 4.19 percent, the lowest level in decades. They were pushed down by lower Treasury bond yields. Investors are buying up Treasury bonds in anticipation of a move by the Federal Reserve designed to lower mortgage rates and yields on corporate debt. As a result, the average rate for 30-year fixed loans dropped to the lowest level on record …
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IMAGES: San Francisco Top Travel City
The readers of Conde Nast Traveler magazine have picked San Francisco as the top U.S. travel destination for the 18th straight year.
Read more on ClickOnDetroit
Homes are not pensions: Tory mnister Grant Shapps vows to end house price booms
Housing Minister Grant Shapps said the Government would try to ensure property prices rise more slowly to prevent a repeat of the boom that has made it impossible for a generation to get on the housing ladder.
Read more on Daily Mail