Stimulus Spending Hits $216 Billion

ProPublica 4 days ago Region: United States

The federal government has paid out $216 billion, or 27 percent of the stimulus package, according to the latest numbers from Recovery.gov and the most recent available estimates [1] (PDF) of tax cuts issued so far. The ... more

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How Big is AIG's Bailout?

ProPublica 4 months ago Region: United States

 AIG has been selling off bits and pieces of its once-great empire in an effort to chip away at what it owes the American taxpayer and the Federal Reserve. Until it repays that debt, the company will remain in the awk... more

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PCB must ease financial woes says Butt

Sethu Maathavan 10 months ago Region: Pakistan

"The PCB's finances stood at 3.37 billion rupees in October 2006 (when Ashraf took charge), but when I took over as the chairman it was just 1.53 billion rupees. It now stands at 1.51 billion rupees," said PCB Chairman Ija... more

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Billionaire Blow Ups Of 2008

Omar El Naggar 10 months ago Region: United States

 Dozens of the world's wealthiest lost billions in recent months, but these 10 distinguish themselves for some of the biggest flops. It was a dreadful year for the world's wealthiest as markets and currencies around ... more

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Additional $1.5 Bln Aid for Quake Victims Announced by U.S.

Abdul I. Mughal a year ago Region: Pakistan

Pakistan: For earthquake victims in Balochistan, U.S. has announced additional aid of 1.5 billion dollars. U.S. will provide this emergency 1.5 billion dollar aid t immediately o Pakistan government which combine to aggr... more

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World's Top 10 companies - Forbes list

Coolguy a year ago Region: India

  TOP 10 Companies: Forbes List   The rankings are based on a combination of the sales, profits, assets and market capitalization of these companies. Check out the world's top ten companies... below..   ... more

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American International Group Inc planned to raise $12.5 billion in capital

Christopher K. Mccann a year ago Region: United States

American International Group Inc. (AIG), New York-based insurer said that over the past month had raised $20 billion in capital, which is 60 per cent or $8 billion more than projected, in a move to prop up its balance shee... more

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HP and EDS, Multi-Billion Dollar Deal in the Works

Ground Report a year ago Region: United States

PC World reports that Hewlett-Packard is currently in talks to acquire IT services company Electronic Data Systems. According to a recent report in the Wall Street Journal, the price for EDS could reach up to about US$13 b... more

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EBRD adopts new strategy for Romania

Dumitru Florin a year ago Region: Romania

The European Bank for Reconstruction and Development Bank (EBRD) adopted a new investment strategy for Romania which outlines its three years time priorities, an official press release of the bank informs. Thus, EBRD inves... more

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India Offers $450 million Fresh Aid to rebuild the Afghanistan

Bobby N a year ago Region: Afghanistan

Manmohan Singh, the Prime Minister of India announced on Monday, a fresh aid of $450 million for rebuilding the violence-ravaged country, Afghanistan. Manmohan told in a note that many workers are died in a fresh ravage i... more

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