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Will High Cost of Small Loans Hurt Cambodians?

The Cambodian government has ordered a limit on interest rates on small loans. The decision comes before local elections are set to take place in June. The 18 percent limit on the microfinance industry interest rates takes effect on April 1. Microfin

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London Bridge

Bridge Over Troubled Water

Bridge Over Troubled Water When you*re weary, feeling small, when tears are in your eyes, I will dry them all. I*m on your side, oh, when times get rough, and friends just can*t be found. Like a bridg

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By Liu Enming San Francisco, California 12 October 2007 The Golden Gate Bridge -- the iconic gateway to San Francisco Bay -- has withstood 70 years of rain and shine. A marvel of engineering, it is also sadly a site where people commit suicide by thr

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Micro lending for small businesses is common in some countries, especially in the developing world. But with the economic recession, micro lending is growing in the United States because it's difficult to get a bank loan to start a small business, es

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Congressional Democrats say they have reached agreement with the White House on a deal to give U.S. automakers billions of dollars in loans and require the companies to restructure to stay competitive in the global marketplace. Although the deal has

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IMF Gets Hundreds of Billions More for Emergency Loans

Nations around the world are pledging more money for emergency loans to help member nations of the International Monetary Fund cope with any new economic crisis. The Managing Director of the International Monetary Fund, Christine Lagarde, said the me