Articles By: WebMaster

Iraqi Banking System Needs Overhaul

Iraqi Banking System Needs Overhaul

BAGHDAD: Decades of dictatorship, war, international sanctions, and isolation from the outside world have left Iraq’s banking sector in such a poor state that people do not believe such things as cash machines or a “smart card” exist, a senior banking official says. Rafidain Bank Director Abdul-Hussayn al-Yasiri told RFE/RL’s Radio Free Iraq that if [...]

Bernanke Backs More Stimulus, Citing `Weak’ Outlook

Bernanke Backs More Stimulus, Citing `Weak’ Outlook

It seems another stimulus package is in the works. I am not sure if it would help the markets and we still have to see if the bailout package passed by the congress earlier has any effect on the economy.

McCain Offers Economic Plan

McCain Offers Economic Plan

BLUE BELL, Pa. — Sen. John McCain today proposed $52 billion worth of tax breaks aimed at reducing the impact of stock market losses on the nation’s seniors, providing relief to the unemployed and encouraging savings. Under his plan, unveiled as he campaigned in a suburb of Philadelphia, seniors would pay lower taxes when they [...]

Managing your debt and credit

Managing your debt and credit

I cam across a fantastic guide on how manage your debt, credit and make decisions to accomplish important financial goals. The guide goes through 6 key subject topics, such as: Managing Debt and Credit, installment debt, revolving line of credit, intelligent use of your credit, how to get rid of credit card debt and what [...]