Bank of International Settlement urges Bank of England to raise interest rates

By Riley Evans on 12-04-2012

Tagged Under : England, International Settlement

Vittorio Hernandez – AHN News

London, England, United Kingdom (AHN) – The international banking regulator, the Bank for International Settlements (BIS), urged over the weekend the Bank of England to raise the country’s record-low interest rates.

The regulator warned that financial stability of Britain is at risk unless the country’s central bank imposes tighter monetary policy.

Although the BIS, in its yearly report released on Sunday, made the same warning to central banks around the world, it singled out the Bank of England because Britain’s inflation rate had exceeded the BOE’s 2 percent target since December 2009.

The BIS pointed out that the United Kingdom’s consumer price index has reached 4.5 percent, while the country’s key lending rate continues to be at 0.5 percent since March 2009.

The BIS stressed that the BOE’s extremely accommodative policies threaten to embed high inflation in the system and damage prospects for long-term growth. It also places at

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The death of the Mad Men

By Kiara Withers on 11-04-2012

Alongside the soaring popularity of start-ups and super tech firms is the faltering success of traditional advertising agencies.

All evidence points to the fact that the landscape is shifting away from slick executives and attention-grabbing marketing moves – But what does this mean for the savvy investor?

After all, advertising giant WPP’s share price has been sliding for an entire decade, according to Brand Republic, only resurging last month. “Any reasonable investor would have hoped to see some capital appreciation in that period.”

But the lack of any potential upswing in profits is a concern for ‘MarComs’- or Marketing Communications. Of the companies that were listed on the stock exchange in January 2001, a pitiful three are able to show any improvement in their share price today, adds Brand Republic. <

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Obama Spends Millions More Than GOP Campaigns

By Kiara Withers on 04-04-2012

Tagged Under : Obama, Obama Spends

On spending for the November Presidential elections comes this Associated Press article regarding President Obama campaign:
WASHINGTON — The costly Republican primary has been draining Mitt Romney’s wallet and giving President Barack Obama time to build an expansive campaign architecture with offices in 45 states and hundreds of employees.
The bad news for Obama is he’s had to start paying for all this now.
Obama has spent more than $135 million — more than GOP challengers Romney and Rick Santorum combined — on his re-election apparatus, according to an Associated Press analysis of Federal Election Commission records. That sets Read more…

Save Money With These Everyday Actions

By Riley Evans on 01-04-2012

Tagged Under : Money, Money Everyday

There are many different methods that can be used to save money but the most effective methods are the ones that can be performed on a daily or regular basis.  Making these techniques part of your routine can save you thousands of dollars each year by simply slightly changing the way you do things.  Here are some of the mostmon everyday actions that can save you money.

Sale Shopping

Buying items when they are on sale has the potential to save you thousands of dollars on the items that you need for your everyday life.  Purchasing groceries or clothing on sale can save you around 50% of the cost of purchasing the item at full price.  According to industry research, 62% of U.S. con

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Nebraska’s Individual Health Insurance Exchange Controversy

By Seth De Rougemont on 30-03-2012

Tagged Under : Exchange, Health Insurance, Health Insurance Exchange, Insurance Exchange

Nebraska’s Hospital Association is hoping that the state does not wait until next summer before planning their health insurance exchange. This information comes from Insurance Journal’s “Nebraska’s Health Providers Urge State-based Insurance Exchange,” by Grant Schulte. Currently, the Nebraska government plans to wait until a U.S. Supreme Court ruling regarding President Obama’s health insurance changes, which is expected around June. The deadline for states to have their individual health insurance exchanges planned is June 29, so Nebraska could be in a bad place if the current plans pass through the Supreme Court and they have not made their own budgeting and oversight plans.
The state run health insurance exchanges are for Americans to purchase individual health insurance with all of their options in an easy to shop location. Read more…

Rate Alert – 1.25% – Asheville Savings Bank, S.S.B. Checking Account

By Kiara Withers on 30-03-2012

Tagged Under : Account, Asheville Savings Bank, Checking Account, Savings Bank

The Checking account interest rate at Asheville Savings Bank, S.S.B. has just changed from 1.5% APY to 1.25% APY with a minimum of $1 required. See the full details and rate info at Asheville Savings Bank, S.S.B. Checking Account rate. Smart Style Must have a direct deposit, ACH debit card. Statement electronically and ten check card purchases. If requirements are not met, the account will earn 0.05% APY.