Business

Greece needs debt relief, eurozone central banker says

European Central Bank executive board member Benoit Coeure, who is also in Athens , on Monday said that there were "serious concerns" about the sustainability of Greece's crushing debt. "Allow me to make some criticism of the European institutions". "Those institutions should not consider a country that is in a (bailout) program to have lesser rights.

Business

Norwegian victorious again at World Chess Championship

The fourth round was a mere formality for the Norwegian as he continued pressuring his opponent into a mistake and ended up with the win . Carlsen and Karjakin will play a series of rapid and blitz games, and if necessary, like a Game 7, they will square off in what's known in chess as an " Armageddon Game".

Business

Violence against women drains economies

The theme for this year's campaign is "Count Me In, Together Moving a Non-Violent South Africa Forward". Jan Melia from Women's Aid Federation Northern Ireland said: "It is encouraging that the Government is now taking action on domestic violence to criminalise the psychological element of abuse, or what is known as "coercive control".

Business

Rising Mortgage Rates Are Two-Edged Sword for Banks

The fast rise in rates has spurred homeowners to pull back from refinancing their mortgages . The fall in refinances also will hit an important area of consumer-loan growth for banks. Still, rising mortgage rates pose a threat to the housing market . The gap for owner occupied fixed rate loans spreads to 170 basis points for five-year terms.

Business

Gold coin dropped in Salvation Army Red Kettle

Hawkins-Okosun, in her second year in the community, said bell ringers are needed for a variety of locations throughout the community, including Tops Markets and Kmart. "We've already had someone drop $100 into one of the kettles", Phipps said. "The key is we need bell ringers", he said. "Some people came and applied for the job, but then never showed up for the orientation", said Salvation Army Captain Sanhty Thammavongsa", said in a press release.

Business

'Moana' cruises with $81.1M Thanksgiving weekend

New Regency backed the $25 million-plus film, which couldn't crack the top 10. This news story is related to Latest/168083-Disneys-Moana-tops-NAmerican-movie-charts/ - breaking news, latest news, pakistan ne. "I don't think you could find a better line-up in theaters right now", said Paul Dergarabedian, senior media analyst for comScore. "I'd rather see a group of great movies maybe not breaking a record than a group of awful movies breaking records left and right".