Word: bankses
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Having Halal How did you manage to write a whole article in praise of nonsense without even one critical line [Buying Muslim, May 25]? As a veterinary surgeon working in the meat industry, I have seen halal slaughter: it is barbaric. Banks adopting sharia: are we talking about that same...
For three months, Pikalyovo's citizens had been living in crippling poverty after the town's recession-hit cement and brick factories started closing down. Thousands of workers were laid off, and almost overnight nearly 25% of Pikalyovo's 20,000 residents were unemployed. After making several pleas to their...
Two things are driving that figure down. First, people are paying off debt - which goes hand in hand with their not spending money on as many new things. In April, outstanding consumer credit - which includes credit cards, auto loans and tuition-financing but not mortgages - fell by $15.7 billion to...
And while foreclosures are certainly bad for banks, higher interest rates alone aren't. It is not the level of interest rates that matters to bank bottom lines, but the difference between short-term rates and long-term rates. Banks make money when they can borrow money on a short...
Consumers, though, are still wary of electric vehicles because of their limited range and the time it takes to replenish batteries. "You go out for the day and you don't want to get stuck," says Richter. A full charge for the i-MiEV takes 7 hours; a quick charge...