Financing FAQ

Posted on Sunday, 24th July 2011 by Emily Smith

Euro zone leaders met in Brussels yesterday and have agreed a further €109 billion (£96.3 billion) bailout for debt-laden Greece.

A further €135 billion will come from the private sector during the next three decade, which will include a debt buy-back programme.

Stock markets have risen today following the news with the Japan’s Nikkei closing up 1.2% and European shares up more than 0.5%.

US shares were 1.3% higher, while shares in Milan gained 4%, and Spanish shares climbed 3%.

At yesterday’s summit, leaders of the 17-member euro zone came to an agreement on dealing with the debt crisis, which will also see an expansion of the EU bailout fund – the European Financial Stability Facility (EFSF).

Greece received its first emergency bailout package in May 2010 but there are fears of the crisis spreading throughout Europe and EU leaders are endeavouring to prevent contagion and safeguard the future of the euro.

Tags: Bailout, Euro Zone
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Posted on Sunday, 24th July 2011 by Emily Smith

Mishaps are occurring most of the time in workplaces and more people find themselves filing work accident claims. This is the reason also why most of the employers also make sure that almost all their employees are insured so that they will not have a multiple problem when time comes one of their employees had an accident whilst under their property.

Just like any type of insurance claim, the procedure sometimes becomes complicated especially since it involves not only the business and the employee alone but the witnesses in the scene, doctor, police perhaps and other individual more or less connected to the accident. Although it may be the company’s insurance which pays the compensation and not directly from your employer’s pocket, still it is not an easy process at all.

If accident occurred while working in the company’s premise the first thing to do is to statement the accident ASAP for your employer. Whether the accident is actually serious or not, it is important to statement it to them if you want to claim compensation in the future. Some

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Tags: Work, Work Related
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Posted on Sunday, 24th July 2011 by Emily Smith

WASHINGTON – The iconic Walter Reed Army Medical Center is in the final days of its 102-year run. Slated to close in September by the Base Realignment and Closure (BRAC) commission in 2005, the center will begin moving next month.

“This is the largest medical restructuring ever undertaken in the military health system,” Navy Vice Adm. John M. Mateczun, commander of Joint Task Force National Capital Region Medical, told the Army News Service.

The BRAC, citing aging facilities and cost savings, mandated that the closure would take place by September 15. Walter Reed’s services are to be relocated to the National Naval Medical Center in Bethesda, Md. The naval medical center will be renamed the Walter Reed National Military Medical Center Bethesda. A new facility in northern Virginia, the Fort Belvoir Community Hospital, scheduled to open in August, will buttress the healthcare network and replace DeWitt Army Community Hospital.

The military newspaper, Stars and Stripes, reported that about 445 troops are currently at Walter Reed. Two-thi

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Tags: September, Walter Reed
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Posted on Saturday, 23rd July 2011 by Emily Smith

ETF Spotlight on Cambria Global Tactical ETF , part of an ongoing series.

Assets: $187.6 million.

Objective: The Cambria Global Tactical ETF is an actively managed fund that will invest in ETFs of all the major world asset classes, including equities, bonds, real estate, commodities and currencies. The ETF “will utilize a quantitative approach with strict risk management controls to actively manage the fund’s portfolio in an attempt to control downside losses and protect capital,” according to AdvisorShares, the sponsor. “The wide diversification coupled with prudent portfolio management may allow for the fund to perform in any economic environment. The fun Read more…

Tags: Etf, Global Tactical, Global Tactical Etf, Tactical Etf
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Posted on Saturday, 23rd July 2011 by Emily Smith

Planet Money’s Alex Blumberg and NPR’s Laura Sydell co-reported this week’s episode of This American Life. Check out TAL’s “Ways to Listen” page to find out when the show airs on your local station, and how you can download the podcast. Here’s the story.

Nathan Myhrvold is a genius and a polymath. He made hundreds of millions of dollars as Microsoft’s chief technology officer, he’s discovered dinosaur fossils, and he recently co-authored a six-volume cookbook that “reveals science-inspired tech­niques for prepar­ing food.”

Myhrvold has more than 100 patents to his name, and he’s cast himself as a man determined to give his fellow inventors their due. In 2000, he founded a company called Intellectual Ventures, which he calls “a company that invests in invention.”

But Myhrvold’s company has a different image among many Silicon Valley insiders.

The influential blog Techdirt regularly refers to Intellectual Ventures as a patent troll. I

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Tags: When, When Patents
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Posted on Saturday, 23rd July 2011 by Emily Smith

Barclays offers lowest ever fixed-rate mortgage Barclays has offered the lowest ever fixed-rate mortgage, reducing the cost by 0.50% on some products and increasing the competitiveness between lenders. Read more…

Tags: Lowest Ever, Mortgage, Offers Lowest, Offers Lowest Ever
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