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Access to credit becomes more difficult for Hispanics

November 23, 2011

Now that the crisis in the mortgage industry celebrates its first anniversary, many Hispanics across the country are having more difficulty getting a bank loan. This is not limited to mortgages but is also when applying any type of loan or line of credit such as credit cards, loans to buy a vehicle leases (lease) [...]

The euro against the dollar recovers

November 3, 2011

As pressure continues to weigh on the market pending an outcome of the debt crisis in the eurozone and the Governing Council of the ECB decided to lower European interest rates 25 basis points, can be said against the dollar, the euro has a small margin. 22 hours to GMT (23 hours in Paris), the [...]

Morocco: transactions can be settled in yuan (China)

October 24, 2011

Proof if any of the growing weight of China in the international financial world, Banque Centrale Populaire of Morocco has announced that it would now settle their transactions in yuan. One possibility which follows the framework agreement to settle cross-border commerce between the British bank Standard Chartered – very established in Asia – and the [...]

SBA helps economic recovery

October 7, 2011

The Small Business Administration (SBA) has implemented a new loan program that will help the economic recovery of small businesses in the United States. This program will allow employers to keep the business running and stimulate the economy. In these times of economic crisis small companies are going through situations that in many cases been [...]

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