NAB Problems Continue

Published on December 17, 2010 by Technology Slice

NAB Problems Continue – National Australia Bank has warned customers that incorrect fees and interest charges stemming from last month’s data debacle may not be refunded until the end of January. The bank, which is still repairing accounts affected by a data processing failure late on November 24, confirmed customers will be refunded any losses [...]

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Posted in General

Australia To London For $378

Published on May 19, 2010 by Technology Slice

Australia To London For $378 – Some aviation analysts’s predictions that air fares would rise this year as airlines seek to recover losses incurred during the global financial crisis, along with service interruptions from incidents such as Iceland’s volcanic eruption, appear to be wrong. AirAsia is the latest carrier to offer one-way fares from Australia [...]

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Posted in Travel

Mexico To Disconnect Cell Phones

Published on April 9, 2010 by Technology Slice

Mexico To Disconnect Cell Phones – Advertisements on government radio and television have been urging Mexicans for weeks to register their cellphones by sending their personal details as a text message, but on Thursday 30 million lines remained unregistered as the Saturday deadline neared. Analysts said that any related losses for Mexico’s largest wireless operator, [...]

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Posted in General

Qantas – Air Fares to Rise

Published on February 18, 2010 by Technology Slice

QANTAS chief executive Alan Joyce says it is inevitable airfares will have to increase in 2010 from “unprecedented low levels”. He said current airfares rates are “understandable”, given forecasts the aviation industry will lose $US5.6 billion ($6.22 billion) in 2010. “I think we have had unprecedented low airfares out there because of the economic condition [...]

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Posted in Money

1920 Depression

Published on February 11, 2010 by Technology Slice

Much has been made of the similarities between current times and the Great Depression. The first leg down of each crash creating fear that a complete financial collapse was imminent, only to be averted by massive liquidity fueling hope and optimism, at least for a short time. If history does indeed repeat itself (and it [...]

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Posted in Money

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