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VEB has both Norilsk, RUSAL stakes for loan -paper - Reuters
MOSCOW, Nov 28 (Reuters) - Russian state bank VEB has stakes in both aluminium major RUSAL and metals group Norilsk Nickel (GMKN.MM: Quote , Profile , Research , Stock Buzz ) as collateral for the $4.5 billion loan it provided to RUSAL to re-pay ...

Gloomy outlook for farming - Stuff
A depressed outlook for agriculture as it weathers the global financial crisis is foreseen by the Agriculture and Forestry Ministry in briefing papers prepared for the incoming government. The papers, released yesterday by Agriculture Minister David ...

UPDATE 4-Metrovacesa reaches debt deal with creditors - Forbes
MADRID, Dec 2 (Reuters) - Spanish property company Metrovacesa's core shareholders the Sanahuja family said on Tuesday they have reached a debt-for-equity deal with creditor banks, who will take a 54 percent stake in the company. With the news of the ...

Agriculture to be hit hard by global crisis, new Govt told - New Zealand Herald
New Zealand's agricultural industries will be hit hard by the financial crisis and some farms with existing debt could go under, according to a ministerial briefing paper to the in-coming Government. The paper from the Ministry of Agriculture and ...

Metrovacesa reaches debt deal with creditors - Guardian Unlimited
Basically those companies which have been double leveraging over the last few years all now have the same problem, namely a debt pile which they are finding difficult to refinance due to the credit crunch," said an analyst at a local Spanish bank ...

Nets get past Kings in overtime - FOX News
SACRAMENTO, Calif. — Vince Carter scored 25 points, Devin Harris made the go-ahead basket and added 18 points, and the New Jersey Nets beat the Sacramento Kings 116-114 in overtime Wednesday night. Trailing by one point following a timeout, Harris ...

Growing Number of Horses Shipped to Canada for Slaughter - FOX News
RUSHVILLE, Neb. — At dusk, after all the fancy horses had been auctioned, Doug Barnes settled into a seat at the sale barn and got down to business. Three, four, five or more horses ambled into the ring at a time. The auctioneer stopped making ...

Pulse of the economy: The new frugality - AZCentral.com
This time, it's hitting all of us. On Nov. 21, 10 Republic reporters and four photographers fanned out across the Valley to take the pulse of the Arizona economy. They asked everyday people, many of them solidly middle-class, how they were coping. It ...

Printing presses work overtime to save economy - Times Online
A long weekend is coming to an end in America. On Thursday we celebrated Thanksgiving day by consuming more than 250m turkeys. Millions watched the Detroit football team lose its eleventh consecutive match – it is headed for an all-loss 16-game ...

Unhand that economy, villein! - Meganmcardle.theatlantic.com
I've been thinking about this for awhile. How much of this current crisis is just a manifestation of the American--indeed human--will? We're always talking about politicians deluding us and Wall-Street manipulating us, and predatory lenders conning ...

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Today's Mortgage Terms starting with V

  • VA Loans: Fixed-rate loans guaranteed by the U.S. Department of Veterans Affairs for the purpose of making housing affordable to eligible U.S. veterans.
  • Variable Rate: Interest rate that changes periodically in relation to a specific index such as treasury bills and the prime rate.

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