bad credit home loan
Helping Somali young people to find work
Nairobi, Kenya (IRIN) – Instead of joining militias or idling at street corners, the youth in Garowe, the regional capital of the self-declared autonomous region of Puntland, are learning skills to help them earn a living, officials said. A local NGO, the Farsano Technical Institute, is implementing the project, which is funded by the Education [...]
CU commends CA Assembly for passing BPA ban
Urges swift passage by Senate View full post on Consumer Protection Stories
Greece prepares large cuts in public sector wages to meet bailout terms
Vittorio Hernandez – AHN News Athens, Greece (AHN) – The Greek government is preparing tougher belt-tightening measures as it attempts to meet the terms of the country’s $110 billion (EUR 78 billion) bailout. Prime Minister George Papandreou rejected debt restructuring ahead of a Monday cabinet meeting to tackle austerity measures, which includes tax hikes and [...]
New HHS rule will help rein in health insurance rates
Under new rules, health insurance rate hikes will be subject to stricter scrutiny and public disclosure View full post on Consumer Protection Stories
Unemployment claims decrease to 409,000
Linda Young – AHN News Writer Washington, D.C., United States (AHN) – Initial jobless claims declined by 29,000 to 409,000 for the week ending May 14 compared to the previous week’s tally of 438,000 claims. That is still above the 400,000 mark. Analysts say first time unemployment compensation insurcance claims must drop below 400,000 and [...]
Philippine VP forecasts higher Filipino worker deployment overseas
Vittorio Hernandez – AHN News Manila, Metro Manila, Philippines (AHN) – Philippine Vice President Jejomar Binay forecast on Monday that the deployment of Filipino workers overseas would soon recover as the political situation in the Middle East and North Africa stabilizes. Binay is also the presidential adviser on Overseas Filipino Workers. Because of the armed [...]
House Committee votes to weaken the CFPB
Consumers Union calls on lawmakers to stand with consumers not big banks View full post on Consumer Protection Stories
British think tank warns household incomes to drop to 2005 levels
Vittorio Hernandez – AHN News London, England, United Kingdom (AHN) – British households have lost about $750 (GBP 500) in the past 12 months, according to a study by the Institute for Fiscal Studies released on Friday. It is considered the largest drop in household income since 1981, and is equal to what households made [...]
House Committee vote threatens consumer watchdog
CU urges House Financial Services Committee to reject bills that weaken the CFPB View full post on Consumer Protection Stories
Approved daily minimum wage hike of $0.51 upsets Filipino workers, legislators
Vittorio Hernandez – AHN News Manila, Metro Manila, Philippines (AHN) – Various Philippine groups criticized the measly $0.51 (PHP 22) daily minimum wage increase for Metro Manila workers approved by the wage board of the Department of Labor and Employment’s National Capital Region on Monday. The hike was actually incorporated into the cost of living [...]
