G-20 Is Nearing Accord on New Capital Rules

G-20 Is Nearing Accord on New Capital Rules

BUSAN, South Korea — World financial leaders pledged Saturday to push ahead on curbing deficits and crafting financial reforms to safeguard the global recovery, including making banks bear much of the burden for government bailouts. As expected, the finance ministers and central banks gathered in this southern port city finessed what some said were at [...]

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US bankruptcy filing rate near 5-year high

US bankruptcy filing rate near 5-year high

The pace of U.S. bankruptcy filings edged up in May to the second-highest daily level since 2005, reflecting the difficulty Americans have in working off excess debt even as the economy improves.

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BP gives the middle finger right back to Russia

BP gives the middle finger right back to Russia

Frustrated by Russia’s unwillingness to allow private exportation of natural gas to China, TNK-BP pulled the plug Thursday on the Kovykta gas field operations in Siberia by calling in the loans it made to its subsidiary – essentially initiating bankruptcy of RUSIA Petroleum.  After years of patience and hundreds of millions of dollars invested, only [...]

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How You Can Improve Your Credit Score Using These Five Simple Steps

How You Can Improve Your Credit Score Using These Five Simple Steps

If someone offered you free coupons for all the biggest purchases you’ll make in your life, saving you loads of cash, would you take it? Of course you would. Why then, do so many Americans neglect their credit score? Having a good credit score is like having the world’s best coupon book for all of [...]

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