ECONOMIA

Student Loan Writeoffs Will Cost At Least $74 Billion

Student Loan Writeoffs Will Cost At Least $74 Billion The GAO estimates that $137 billion... won't be repaid. To help people manage their student loans, the Obama administration has expanded programs that cap monthly payments to a percentage of earnings and eventually forgives the balance. "Where some states have chosen to increase grant aid, others at some point believed that creating a state loan program will better position the students to pay f... Continua a leggere...

Petrol price hiked by 13 paise, diesel cut by 12 paise

Petrol price hiked by 13 paise, diesel cut by 12 paise However, prices of kerosene, which used for cooking purposes in remote areas where liquefied petroleum gas is not readily available, and LDO, which is mainly used for industrial purposes, would remain at the current level during December. Therefore against the price increase of Rs. 4.01/Litre in 92 RON Petrol andRs. Also, it worked out 13 paisa per litre (0.3pc) decline in ex-depot sale price of... Continua a leggere...

Online sales surge on Black Friday, with Amazon topping discounts

Online sales surge on Black Friday, with Amazon topping discounts Thanksgiving eve is becoming a bigger shopping day, too. US Black Friday: more shoppers but less spent per head was posted in World of TheNews International - https://www.thenews.com.pk on November 28, 2016 and was last updated on November 28, 2016. Continua a leggere...

Perth Schoolie released from Bali police station

Perth Schoolie released from Bali police station Kuta Police Chief Commissioner Wayan Sumara said a white crystal substance was found on the teen but it is yet to be confirmed what it is, although it is "suspected to be drugs". Both of those high profile cases were for trafficking significant amounts of drugs, however Indonesia's laws are very strict and if Murphy was found guilty of posession of even the small amount seen in the video, he could... Continua a leggere...

Companies compete for online customers on Cyber Monday

Online stores are counting on shoppers to spend big during the "Cyber Five" period from Thanksgiving to Cyber Monday to make up for time spent earlier this month obsessing about the presidential election instead. If you see something you like, we advise purchasing it now rather than waiting until later in the day. Later in the evening, try accessory, clothing, candy, and jewelry stores. Continua a leggere...

Winning Powerball ticket sold in Tennessee

Winning Powerball ticket sold in Tennessee Unfortunate news for those who played the Powerball in Wyoming on Saturday, the winning ticket was sold in Tennessee . It was about 5:15 a.m. when Amy began to call the " Tennessee 20 " members, so many of them were not yet awake or answering their phones. Continua a leggere...

IS group might have inspired OSU attacker

IS group might have inspired OSU attacker The assertion marks the first time the FBI has said publicly that terrorist influences might have sparked the attack in Columbus, though law enforcement officials had previously told The Washington Post the investigation was headed in that direction. Continua a leggere...

OPEC agrees to cut output to push up oil price

OPEC agrees to cut output to push up oil price Both Goldman and Barclays said oil prices would quickly move above $50 per barrel if a production cut is agreed by OPEC. Brent crude, used to price worldwide oils, rose 4.1% to $48.25 a barrel in London . But key OPEC members appear to disagree over details of the agreement and some analysts have suggested the meeting may fail to reach a deal or produce one that is unworkable. Continua a leggere...

OPEC seeks to nail down oil output cut

OPEC seeks to nail down oil output cut Almost one-third of the 3+ million barrels imported each day comes from Saudi Arabia, the second biggest importer to the USA after Canada. OPEC sources told Reuters a meeting of experts in Vienna on Monday failed to bridge differences between Saudi Arabia, and the group's second and third largest producers over the mechanics of output cuts. Continua a leggere...

Greece to continue bailout talks, aiming to finish before December 5

Greece to continue bailout talks, aiming to finish before December 5 But the two sides remain apart, mainly on thorny labor reforms and public spending. "Workers and the poor are always the ones to pay the cost of the crisis", ADEDY said in a statement. Talks between the government and creditors are on hold, with Athens saying proposed cuts would be a "social disaster". "The Greek government is fully consistent with what has been agreed and has proven that it... Continua a leggere...

Zimbabwe: Bond notes leakers fired from bank

Zimbabwe: Bond notes leakers fired from bank The southern African nation is now facing a critical cash shortage; massive unemployment and food insecurity, as it also battles to clear a foreign debt overhang of over $8bn. With no currency of its own, Zimbabwe allows the use of a basket of foreign exchange including the South African rand, the euro and the pound. An RBZ representative, Mr Khumbulani Shirichena who was on a public awareness cam... Continua a leggere...

Kellogg pulls ads from Breitbart.com, citing company "values"

Kellogg pulls ads from Breitbart.com, citing company The site's CEO Larry Solov said , "We'll handle this the way we always do - war". "Kellogg's decision to blacklist one of the largest conservative media outlets in America is economic censorship of mainstream conservative political discourse", it said in a statement . Continua a leggere...

Philip Morris CEO looks towards phasing out cigarettes

Philip Morris CEO looks towards phasing out cigarettes BAT is also working on technology whereby an e-cigarette could deliver an immediate nicotine hit, like tobacco, that smokers may find more satisfying. This is similar to the way many e-cigarettes now on the market work, aside from one huge thing: Unlike most e-cigs, the Iqos still contains tobacco. An Arizona pharmacy organisation, for example, voted in 1988 to ask Reynolds to voluntarily pull the... Continua a leggere...

14 convicted in Air France bosses' ripped-shirt case

14 convicted in Air France bosses' ripped-shirt case They were given suspended prison sentences of three to four months over the attack in October 2015 that left one executive naked to the waist and another with his shirt and jacket in tatters. The violence of the protest shocked France, with Prime Minister Manuel Valls calling for the defendants, whom he branded "rogues", to be given stiff sentences. Continua a leggere...

Worst Traffic Jams Will Cost UK Drivers GBP62 Billion By 2025

Worst Traffic Jams Will Cost UK Drivers GBP62 Billion By 2025 And the UK's total of 20,300 "traffic hotspots" was also way ahead of Italy and Spain, countries renowned for their chaotic city-centre traffic. London's M25 topped the congestion chart, the stretch northbound between junctions 15 and 16 - contributing to what is estimated to be a £42 billion cost to the capital's motorists. Continua a leggere...

Jill Stein Defends Recount Efforts in 3 States

According to the Wisconsin Elections Commission, Donald Trump won the state with 1,404,000 votes and Hillary Clinton came in second with 1,381,823 votes, making a difference of 22,177 votes between the two. She filed her petition for a Wisconsin recount on Friday, just an hour before the deadline and likely to pursue the same in Pennsylvania and MI, for which the deadlines are Monday and Wedne... Continua a leggere...

Most important OPEC meeting in 40 years is expected

Global crude demand will recover next year and then prices will stabilise, even without production cuts from Opec, Al-Falih said in Dhahran, eastern Saudi Arabia , yesterday, according to the Saudi newspaper Asharq al-Awsat. A meeting between Opec and non-Opec members due to be held on Monday was called off after Saudi Arabia refused to attend. "Do not take an announcement of a headline cut o... Continua a leggere...

Saudi-Iran rivalries could scuttle OPEC deal

Right now, Saudi Arabia wants Iran to freeze production at its current level, while Iran wants to raise production, he noted. OPEC will also struggle to nail down production quotas for member nations as several countries-such as Nigeria and Libya-have requested exemptions because their oil production and exports have been hurt by militant attacks. Continua a leggere...

EU Gets Tough: Malta's PM Says Brexit Is Lose-Lose Situation

EU Gets Tough: Malta's PM Says Brexit Is Lose-Lose Situation First, there must be a withdrawal treaty, which should be completed within two years. Davis on Monday travelled to Brussels in a bid to help "lay the groundwork" for negotiations before Britain formally triggers Brexit. In particular, he referred to suggestions by Johnson and others that Britain might be able to stay in the EU's single market for goods and services while imposing limits on immig... Continua a leggere...

Greene King reports record revenue

Greene King reports record revenue Greene King also said today that synergies from the integration of Spirit are now expected to total £30m this year, meaning the original three-year target will have been achieved a year early. Anand continued: "The full impact of the United Kingdom decision to leave the European Union remains unclear". Anand warned that increasing consumer uncertainty and rising cost pressures could create a ch... Continua a leggere...


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