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This news "came home to Americans on Main St. from tainted Chinese products to the fact that practically every toy sold in America comes from Red China. [sic] Boston seniors on group tours of the great capitals of Europe were humbled to discover that their greenbacks had shriveled in value to 60 per cent of the local currency....[C]ascading defaults on U.S. subprime mortgages had so weakened the balance sheets of leading financial institutions...that the likes of Citigroup and Merrill Lynch had sought bailouts from state-owned investment funds in Singapore and the United Arab Emirates." Canadians felt the shifting balance of power, too, "in a 15-percent gain against the greenback." .
Kurds blame Turk state for bloody bombing
Akel and Diko will now try to work out a plan to support common candidates in Decembers elections, leaving Edek outa development that could affect President Papadopoulos three-way coalition. After "throwing out" or ditching Edek, the two parties moved quickly to work out a plan "to share the spoils", raising suspicion among the socialists that there was a predetermined scenario or collusion between the two, probably linked to the 2008 presidential contest. According to reports, the communists will seek to get their own candidates for mayor in 12 towns, including Limassol, Larnaca, Yermasoyia, Yeroskipou, Dali, Latsia, Lakatamia, Ayia Napa and Polis Chrysochou. Diko will field mayoral candidates in seven towns, including Paphos, Ayios Dhometios, Engomi, Aglandjia, Athienou, Aradipou.
Learning how to handle your money
With that in mind, let's consider some good investing-education websites that you can bookmark and refer to over and over again. To start, we'll cover those times when you run across some financial jargon or a concept you don't understand. Your go-to website in this case is Investopedia, which, as the name suggests, is an online financial encyclopedia. Maybe you'd like to know what the phrase "credit crunch" actually means. It's being used a lot these days as a punchy, all-encompassing description of what's happening in financial markets, and there isn't always space in daily news coverage to fully define it. Here's Investopedia on credit crunch: "An economic condition where investment capital is difficult to obtain. Banks and investors become wary of lending funds to corporations, thereby driving up the price of debt products for borrowers." If you trip over "investment capital," Investopedia allows you to click on the phrase and jump to a definition.
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