America

BoA records $276m loss

Bank of America is the second largest bank in the US

Bank of America has paid $6bn in the first quarter for mortgage-related legal matters Bank of America has posted a $276m (£165m) loss for January to March. Its results included $6bn in legal expenses to settle allegations that it misled mortgage lenders Fannie Mae and Freddie Mac before the housing crisis in 2008, as well as for other mortgage-related More...

Published 2 days ago
Petrol prices fell by 1.7% last month
On Wednesday, April 16th, 2014
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US inflation slows

Petrol prices fell by 1.7% last month A sharp fall in the price of petrol helped to keep US consumer inflation well below the Federal Reserve’s 2% target in March. The Consumer Price Index rose 0.2% last month, More...

By Abayomi Azikiwe Editor, Pan-African News Wire
On Tuesday, April 15th, 2014
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Detroit to Pay Another $85m to BOfA, UBS

  Abayomi AzikiweEditor, Pan-African News Wire A ruling by Federal Eastern District Bankruptcy Court Judge Steven W. Rhodes has awarded yet another large-scale payment to two banks that are heavily implicated More...

US car sales rose strongly in March
On Tuesday, April 15th, 2014
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US economy bounces back on huge sales

US car sales rose strongly in March US retail sales saw their biggest gain in 18 months in March, according to official figures. It is a further sign that the economy is shrugging off the effects of the third-coldest More...

On Saturday, April 12th, 2014
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Venezuela’s political tensions could ease with start in dailogue

Secretary-General Ban Ki-moon today welcomed the start of dialogue to ease political tensions in Venezuela and called on all actors to work towards overcoming the current challenges facing the country. Some 40 More...

On Saturday, April 12th, 2014
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Ban Ki-moon sends his condolences to the Robinson family

United Nations Secretary-General Ban Ki-moon paid tribute to the Trinidad and Tobago’s former President, A.N.R. (Ray) Robinson, who died on Wednesday at age 87. “The Secretary-General is saddened by the More...

wpid-25-08-2011anaya.jpg
On Saturday, April 12th, 2014
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Native Americans are hurtfully reminded by Redskins team name

Special Rapporteur James Anaya. UN Photo/Jean-Marc Ferré 11 April 2014 – The United Nations independent expert tasked with defending the rights of indigenous peoples, today called on the owners of the Washington More...

wpid-Gene-Allan-Cretz.jpg
On Saturday, April 12th, 2014
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US Embassy in Accra has assisted Ghanaian Entrepreneurs with $1,600,400 since 1990

Mr Gene A. Cretz, the US Ambassador in Ghana, on Thursday hosted dozens of local Ghanaian vendors who are working in partnership with the Ambassador’s Self-Help program, the PEPFAR Self-Help program, or are members More...

Just before the Newman City Council Hindu invocation, from left to right, are— Councilmember Nicholas Candea, Mayor Pro Tem Robert Martina, Hindu statesman Rajan Zed, Mayor Ed Katen and Councilmember Roberta Davis.
On Friday, April 11th, 2014
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With Hindu prayers California’s City Council Opened

Just before the Newman City Council Hindu invocation, from left to right, are— Councilmember Nicholas Candea, Mayor Pro Tem Robert Martina, Hindu statesman Rajan Zed, Mayor Ed Katen and Councilmember Roberta Davis. Newman More...

Bank of America is the second largest bank in the US
On Friday, April 11th, 2014
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BoA to pay $783m in settlement for credit card practices

Bank of America is the second largest bank in the US Bank of America has agreed to pay $783m (£470m) in fines and refunds to settle accusations it misled customers about its credit card services. The bank will More...



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