President Medvedev has asked Finance Minister Kudrin for his resignation following Kudrin’s public refusal to keep his position in the future if Medvedev heads the Russian Government. Kudrin has complied. President Medvedev has signed Kudrin’s resignation hours after the wrangle took place, the Russian president’s press secretary Natalia Timakova reported. During the Presidential Commission on [...]
After stock market shocks: three tax-free reasons for pensioners to be cheerful
After the FTSE 100 fell by 2.6pc yesterday to trade below 5000 for the first time since July, 2010, it would be tempting for pension savers to despair – but the late rally on Wall Street reminds long term savers that life will go on. Closer to home, another day, another life company handout tells [...]
After UBS £1.3bn loss shock: 10 tips to tell how safe your bank is
Savers with the UBS, the Swiss banking giant, are being reassured they will not suffer losses because of today’s shock announcement that a rogue trader has lost about US $ 2bn (£1.3bn) in unauthorised trading. But this reminder of how even the world’s biggest banks can lose almost unimaginable sums of money may worry savers [...]
US set for debt deal after vote victory
Giffords returns to Congress as House backs move in a day that has kept investors on edge View full post on Financial Times – UK Homepage
Europe on alert after Norway attacks
Across Europe, police authorities increased scrutiny of potential far-right threats while Muslim groups in the UK raised security levels View full post on Financial Times – UK Homepage
Norway under attack after Oslo bombing
A large bomb has ripped through government buildings in central Oslo, causing at least two deaths and extensive damage View full post on Financial Times – UK Homepage
College-affiliated credit cards decline after ’09 law
College-affiliated credit cards decline after ’09 law WASHINGTON – The number of credit cards issued through colleges and alumni associations fell 17 percent last year, according to a recent Federal Reserve survey. Read more on Lansing State Journal
Police chief resigns after Brooks arrest
Former editor arrested by police investigating allegations of phone hacking and corrupting police officers by News International View full post on Financial Times – UK Homepage
Oil price tumbles after reserves release
Oil prices tumbled after Western nations surprised the market, releasing the biggest amount of oil from their emergency strategic stocks since 1991 View full post on Financial Times – UK Homepage
Oil leaps after Opec fails to boost output
Oil prices jump sharply after Opec, the producers’ cartel, fails to strike a deal to raise production at a highly charged meeting in Vienna View full post on Financial Times – UK Homepage