IMF raises Malawi development program loan by $17

IMF raises Malawi development program loan by $17 mln - Xinhua News Agency WASHINGTON, July 14 (Xinhua) -- The International Monetary Fund (IMF) will increase its assistance to Malawi under the three-year Poverty Reduction and student loan stafford Growth Facility (PRGF) program by some 17 million U.S. dollars, bringing the total to 79 million Source: news.xinhuanet.com Australia's Centro Sells US Malls for $714 Million - CNBC Centro Properties Group , a high-profile Australian victim of the global credit crunch, is selling almost all of the shopping malls in its Centro America Fund for $714 million, using the cash to pay down debt. Centro shares jumped as much as 35 Source: www.cnbc.com Senate passes loan aid bill - Baltimore Sun WASHINGTON - A mortgage rescue to help hundreds of thousands of struggling homeowners avoid foreclosure and student loan stafford get more affordable, safer loans passed the Senate overwhelmingly yesterday, but it faces a bumpy road amid continuing turmoil in the housing Source: www.baltimoresun.com Fed OKs new curbs on reckless financing - AZCentral.com The Federal Reserve signed off Monday on a long-anticipated plan to end the abusive lending practices that victimized many borrowers in the now-collapsed subprime market. The rules, however, will cover only new loans, not existing ones, so they will Source: www.azcentral.com Fed issues rules to stop abusive lending practices - MSN MoneyCentral MIAMI (AP) - The Federal Reserve signed off Monday on a long-anticipated plan to end the abusive lending practices that victimized many borrowers in the now-collapsed subprime market. The rules, however, will only cover new loans, not existing ones Source: moneycentral.msn.com Ghana Cocobod to renew $900 mln cocoa loan -source - Reuters ACCRA, July 14 (Reuters) - The Ghana Cocoa Board (Cocobod) will seek in September a syndicated loan of $900 million to finance 2008/2009 cocoa purchases, the same funding as that obtained in 2007/2008, an industry source said on Monday. Ahead of Source: www.reuters.com Signs that interest rates are 'locked in' for a while - News.com.au THE Reserve Bank of Australia's acknowledgment that the economy is slowing has dampened expectations of further interest rate rises, economists say. The minutes of the central bank's July board meeting, released today, said the RBA expected the June Source: www.news.com.au Critics say Fed mortgage rules coming too late - MSNBC MIAMI - The Federal Reserve signed off Monday on a long-anticipated plan to end the abusive lending practices that victimized many borrowers in the now-collapsed subprime market. The rules, however, will only cover new loans, not existing ones, so Source: www.msnbc.msn.com