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Twitter Weekly Updates for 2009-03-22
Treasury's toxic asset plan could cost $1 trillion - The Associated Press http://tinyurl.com/c5xxxl #Women from rich families made it to parliament - Peninsula On-line http://tinyurl.com/cenvmw #Do not pass go - or expect house prices to rise soon - Telegraph.co.uk http://tinyurl.com/deqtso #Fair valuations in realty mooted - GulfNews http://tinyurl.com/ckdcjq #Mini poll finds real estate bargains in [...]This Post is from: Overseas Property Mall, part of Fuzz One Media GroupTwitter Weekly Updates for 2009-03-22
Oversees Property

Geithner to hold briefing Monday on toxic assets plan
WASHINGTON (MarketWatch) -- U.S. Treasury Secretary Timothy Geithner will on Monday provide details about the government's latest plan to help rid banks of toxic assets clogging the financial system. The Treasury Department said in a press release that it will hold the briefing at 8:45 a.m. EDT on Monday. The Treasury Department's program involves setting up a new investment fund to buy mortgage-related securities and other assets weighing down bank balance sheets. The new Public Private Investment Program would combine taxpayer money with private funds, aiming to buy loans and free up banks to renew lending.
Market Watch

Lithuanian industry `in freefall` amid Baltic economic fears - Earth Times
Vilnius - Industrial production (IP) in Lithuania nosedived by more than 15 per cent in February, according to official figures released Monday by the national statistics office. EU member Lithuania is the biggest of the three Baltic states with the ...
NewsRack

Labour MP to press for short-selling ban
LONDON (Reuters) - Short-selling of shares is set to come under fire again this week as Labour MP Frank Field will launch a private member's bill on Monday to ban the practice, according to a report i...
Big News Network

Daimler to sell $2.7 bln in shares to Abu Dhabi
Abu Dhabi is poised to become the biggest shareholder in Daimler AG after the German maker of luxury cars, buses and trucks said it would sell nearly euro2 billion ($2.72 billion) in shares to the country's Aabar Investments PJSC. In a statement released...
SF Gate

Correction: AIG-Countrywide Lawsuit story
In a story sent March 19 and March 20 about a unit of American International Group Inc. suing mortgage lender Countrywide Financial Corp., The Associated Press erroneously reported the amount of government money received by AIG. The company received $182.5...
SF Gate

Metal Forgings Manufacturer Cited for Serious Safety Violations
A Dec. 23, 2008, incident in which two employees were injured when they were struck by a 700-pound forging that shot up in the air while they were attempting to free it from a malfunctioning die on a power press led to the second of two agency inspections.
OHS Online

Policy brief on corporate governance in the MENA region`s insurance industry released by AFIRC and Hawkamah
UAE. Authors hope the policy paper will support the development of good gorporate governance for the insurance industry in the MENA region.
Business Intelligence Middle East

China suggests to India forum for industries in 2 countries - Press Trust of India
China suggests to India forum for industries in 2 countriesPress Trust of India, IndiaIndia has proposed 31 per cent safeguard duties on imports of soda ash from China, 21 per cent on aluminium flat rolled products and 35 per cent aluminium foil. The Directorate General (Safeguards) is also investigating whether there is a case of ...
Feed Digest

Economic Calendar With Volatility
There are several news releases from the US and Europe this week, but only a few news releases from Asia. The US has five high volatility news releases, while Europe...
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9th of September 2009 - Interview of Feedzilla's founder at the IFA in Berlin. [More]

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