DFO Tries To Ward Off Bankruptcy

Published on August 18, 2010 by Technology Slice

DFO Tries To Ward Off Bankruptcy – Despite its popularity with shoppers, the discount chain has fallen victim to a crippling $550 million debt on the South Wharf DFO, which is threatening to trigger the collapse of the company and its nine outlets along the east coast. A NAB spokesman said the bank was “working [...]

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Posted in Money

Greece Agrees to $30 Billion Deal

Published on May 3, 2010 by Technology Slice

Greece Agrees to $30 Billion Deal – Greece has agreed a package of austerity measures under which it aims to cut its budget deficit by 30 billion euros over three years on top of measures already agreed, Finance Minister George Papaconstantinou said on Sunday. Under the deal with the European Union and International Monetary Fund [...]

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Posted in Money, Politics

Belgium Parliament Bans Veil

Published on April 30, 2010 by Technology Slice

Belgium Parliament Bans Veil – The Belgian lower house of parliament on Thursday approved a bill to ban wearing the full Islamic face veil in public, a move that could make Belgium the first European country to make the practice a criminal offence. The draft law, cast as a security measure by proponents, was overwhelmingly [...]

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Posted in Politics

Skilled Mirgrant Shake Up

Published on February 9, 2010 by Technology Slice

A LONG-ANTICIPATED shake-up of skilled migration has split the education sector, with private colleges warning of catastrophe and public institutions praising the priority it gives to the smartest for permanent residency. Immigration Minister Chris Evans yesterday announced an overhaul of Australia’s independent skilled migration system to break the link between studying a trade in short [...]

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Posted in General

Avoiding the Abyss

Published on January 30, 2010 by Technology Slice

Current government officials including current and former Treasury Secretaries often refer to the measures employed to correct the financial crisis in the fall of 2008 as avoiding the “abyss”. Indeed, if panic had continued to spread the potential collapse of the house of cards built on credit leverage would have been significant. But questions arise as to the appropriateness of the actions taken and why the state of the financial industry was in such dire straits.

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Posted in General

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