Five biggest US banks told to raise $74.6 billion; fail “stress tests”

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Saturday, May 9, 2009
The five largest United States banks need a total of US$74.6 billion in extra funds to increase their cash reserves, according to so-called “stress tests” conducted by regulators to determine whether the banks have enough capital to survive the ongoing recession.
“Our hope with today’s actions is that banks are going to be able to get back to the business of banking,” saidRead More…

Evidence of natural gas deposit found off Gaza Coast

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Friday, February 28, 2014
In statements to the press on Monday and Tuesday, Dr. Salem Salama, a member of the Hamas Palestinian Legislative Council’s economic committee, said signs of a natural gas deposit were found off the coast of the Gaza Strip.
Dr. Salama said the gas field had been found by Palestinian fishermen in the Gaza Strip, who noticed bubbling in the water which they first assumed Read More…

An interview with Paul Campbell, founder of Amazing Radio UK

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Thursday, January 14, 2010
Digital radio listeners in the UK may have noticed a new station on their list over the last few months with the beta launch of Amazing Radio, founded by Paul Campbell as a follow up and companion to Amazing Tunes. However, unlike the majority of the other stations on both digital and FM, Amazing Radio doesn’t play normal, mainstream music. Instead, its playlist consRead More…

Ontario Votes 2007: Interview with NDP candidate Sheila White, Scarborough-Rouge River

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Thursday, September 13, 2007
Having worked as an aide, advisor, and Executive Assistant to municipal and provincial politicians, Sheila White is running for the Ontario New Democratic Party in the Ontario provincial election, in the Scarborough-Rouge River riding. Wikinews’ Nick Moreau interviewed her regarding her values, her experience, and her campaign.
Stay tuned for further interviews; everRead More…

Commonwealth Bank of Australia CEO apologies for financial planning scandal

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Thursday, July 3, 2014
Ian Narev, the CEO of the Commonwealth Bank of Australia, this morning “unreservedly” apologised to clients who lost money in a scandal involving the bank’s financial planning services arm.
Last week, a Senate enquiry found financial advisers from the Commonwealth Bank had made high-risk investments of clients’ money without the clients’ permission, resulting in hundreds oRead More…

Iranian International Master Dorsa Derakhshani discusses her chess career with Wikinews

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Tuesday, April 14, 2020
In February 2017, the Iranian Chess Federation announced two teenage chess players, Dorsa Derakhshani and her younger brother Borna Derakhshani, were banned from representing the national team. The federation announced their decision although Dorsa Derakhshani had previously decided and informed the chess federation she did not wish to play for Iran.
Dorsa Derakhshani isRead More…

Iranian International Master Dorsa Derakhshani discusses her chess career with Wikinews

Admin

Tuesday, April 14, 2020
In February 2017, the Iranian Chess Federation announced two teenage chess players, Dorsa Derakhshani and her younger brother Borna Derakhshani, were banned from representing the national team. The federation announced their decision although Dorsa Derakhshani had previously decided and informed the chess federation she did not wish to play for Iran.
Dorsa Derakhshani isRead More…

US Treasury Secretary: “We need the ability to seize firms”

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Wednesday, March 25, 2009
Treasury Department secretary Timothy Geithner and the Obama administration are pressuring Congress to allow the government to seize troubled financial institutions such as insurance companies and investment firms. Currently, banks are the only such entities that the government has authority to take over.
Speaking before the House Financial Services Committee, Geithner Read More…