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4 Fund higher educations
5 Go on a daydream holiday

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Al Shabaab: Mini Summit on Somalia, ICG Meeting Failed

Abdi Hajji Hussein – AHN News Correspondent

Mogadishu, Somalia (AHN) – A mini summit on Somalia that took place in New York City, and an International Contact Group for Somalia meeting in Madrid have both failed, according to al Shabaab. In a press conference from Mogadishu, al Shabaab spokesman Sheikh Ali Mohamoud Rage said the meetings failed because their purpose was to “destroy Somalia and its people.”

“Meetings have several faces and each intended Muslims to be harmed. Infidels don’t like our development” Rage explained.

“The failure of the Somali Transitional Federal Government had been shown in those assemblies” Sheikh Ali Dhere, another al Shabaab spokesman, told reporters.

Meanwhile, there has been no comment from the Transitional Federal Government. On September 23, regional leaders met on the sidelines of the United Nations headquarters. U.N. Secretary-General Ban Ki-moon, called on the Somali Transitional Federal Government (TFG) to end its differences with armed rebels and to deliver basic services to a fractured nation. Ban also called on the international community to do more to support the fragile country.

Sharif Sheikh Ahmed, who spoke at the summit, asked the international community to support his government in its fight against terrorist groups in Somalia, by building Somalia’s military forces.

The statement of al Shabaab, al-Qaeda’s proxy in Somalia, comes after the 18th annual ICG Meeting ended in Madrid. International Contact Group for Somalia called on the U.N. Security Council and member states to unite in stopping al Shabaab and other militia groups who control much of the country Somalia.

Article © AHN – All Rights Reserved

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Pioneer Diversified High Income Trust (NYSE Amex: HNW)

BOSTON–(BUSINESS WIRE)–Pioneer Diversified High Income Trust (NYSE Amex: HNW) today reported sources of distribution for this fiscal year to date from the following sources: Net Investment Income; Net Realized Short-Term Capital Gains; Net Realized Long-Term Capital Gains; or Return of Capital. All amounts are expressed per common share. Distribution Period September 2010 Distribution Amount Per Share $0.1600 The following table sets forth estimates of the chara

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Ottawa Removes Freeze On Employment Insurance Premiums

AHN News Staff

Ottawa, Ontario, Canada (AHN) – The federal government of Canada will announce on Thursday that it will lift the freeze on Employment Insurance premiums. The freeze was part of the economic stimulus package offered by Ottawa to battle the recession.

The lifting of the freeze was originally scheduled Jan. 1, 2010, but the federal government listened to the warning from business leaders, labor representatives and the political opposition that the move would stymie Canada’s recovery.

Finance Minister Jim Flaherty said Ottawa is still reviewing how much the EI rates would go up, but he hinted it would be less than the amount recommended by a rate setting board established by the federal government.

The current rate is $2.42 for employers and $1.73 for employees for every $100 income of the worker. The board recommended a 21 cents hike for employers and 15 cents increase for employees.

On Wednesday, Liberal Party leader Michael Ignatieff withdrew his support for a bill that would improve EI benefits. Ignatieff explained his change of stand to the enhancements being too expensive and no longer needed because it was a product of the recession.

Ignatieff used the EI reforms last year to push for a federal election. His withdraw of support for the bill filed by Bloc Quebecois MP Yves Lessard is a personal stand, not a party stand, Ignatieff clarified.

Lessard’s bill proposed reducing the qualifying period for EI from the present 420 hours minimum to 360 hours, hiking the weekly earnings from 55 percent to 60 percent of past earnings and increasing the length of time benefits could be collected.

Article © AHN – All Rights Reserved

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Mortgage Rates Head Back Down To Historic Low

Rates on 30-year mortgages matched the lowest level in decades and rates on 15-year loans dropped to their lowest point in nearly 20 years. Freddie Mac said the average rate for 30-year fixed loans fell to 4.32 percent, the lowest on records dating back to 1971. That’s down from 4.37 percent the previous week.

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Internacionales – Obama ofrece garantías de seguridad a Israel

WASHINGTON, Estados Unidos (DPA). -El presidente estadounidense, Barack Obama, ofreció generosas garantías de seguridad a Israel a cambio de que el país extienda la moratoria a construir en territorio palestino ocupado, aseguró hoy un centro de análisis político en Washington. Según la web del Instituto de Política para Cercano Oriente, Obama escribió una carta al primer ministro israelí, Benjamin Netanyahu, pidiéndole que prolongue otros dos meses la moratoria, cuyo vencimiento el domingo pasado es un serio revés para las negociaciones de paz con los palestinos. A cambio, el presidente estadounidense se comprometió a no volver a pedir una nueva prórroga y a esclarecer el tema de los asentamientos en el marco del diálogo de paz, aseguró el “think tank” citando altos funcionarios del gobierno en Washington. Obama también prometió al parecer vetar cualquier resolución palestina o árabe ante el Consejo de Seguridad de la ONU durante un año y aceptar toda necesidad israelí en materia de seguridad sin modificarla. Sin embargo, según el director del instituto, David Makovsky, hay indicios de que Netanyahu recibió con escepticismo la propuesta.

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Congress Passes Stopgap To Fund Government; Goes On Recess

Kris Alingod – AHN News Contributor

Washington, DC, United States (AHN) – Lawmakers passed a resolution on Wednesday, their last day of session before the mid-term elections, funding government operations until after they return from their recess. The stopgap measure was needed since both the House and the Senate haven’t passed a single appropriations bill for the next fiscal year, which begins on Friday.

By 228-194, the House passed a continuing resolution extending into December appropriations for the State Department, foreign operations and related programs past the fiscal year ending Sept. 30. Only one Republican, Rep. Joseph Cao (R-LA), voted in support.

In the Senate, the the temporary spending measure passed 69-30 with Sen. Russ Feingold (D-WI) as the sole Democrat opposing. Sen. John Thune (R-SD) offered amendments providing funding until February and reducing all non-defense spending by 5 percent, but both measures failed along party lines.

“With the new fiscal year beginning on Friday, the continuing resolution put forward by my Democrat colleagues only perpetuates the out of touch federal spending levels we have witnessed in recent years,” Thune said in a statement.

Lawmakers are scheduled to return to the Capitol for a lame-duck session on Nov. 15, when the 12 annual appropriations bills for the 2011 fiscal year are expected to be approved. A backlog of bills will also be tackled, including the repeal of “Don’t Ask, Don’t Tell” and the extension of 2001 and 2003 Bush tax cuts that are due to expire in January.

Democrats were hoping to pass a jobs bill to address the 9.6 percent unemployment rate before the elections, but could not muster enough votes to overcome Republican opposition. They sought to extend tax cuts for middle class families earning less than $250,000 a year.

The GOP, however, wants to make the tax cuts permanent for all including high-income earners. They’ve been accused by the White House of “holding the middle class hostage,” but they argue that the government should not raise taxes during a recession.

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Bad Credit Credit Cards: – A Great Opportunity For Bad Creditors

Most of the people acquire loans to fulfill their needs. There are many people who take multiple loans and at time of repaying back they forget or skip the installments. Due to these habits, people spoil their credit status and get themselves tagged with numerous names like CCJs, IVAs, late loan payers, arrears, defaults etc. So, it is necessarily for bad creditors to rebuild their credit score. There are numerous ways to bring the credit score on track. The bad credit credit cards for instance, are available in the market that fulfill the need of people with not so good credit score and by repaying it back on time they can rebuild their credit rating. Basically, credit cards are categorized into two forms namely secured and unsecured credit cards. Out of these, you can select the best card to meet your needs.

Before choosing the best card for you, you must be aware about the features like the rate of interest, annual fee etc. Every credit card and its limits are different from another card. Some cards require money in your account, before using it. These kinds of cards are called secured cards. On the other side, unsecured cards are totally different from secured cards. There is no requirement to put money in an account before swiping the card. Out of these two, you can choose the card according to your needs to improve your credit rating.

When you get the bad credit credit card, use it wisely. Don’t use it to purchase everything. First, make the list of things which you want. Make only small and smart purchases like filling up of gas or grasping lunch etc. that you can pay off within a month. You have to deposit the payments on time.

Bad credit credit cards can prove to be a great opportunity for the bad creditors. By paying your bills on time, bad credit loan holders can rebuild their credit history. Instead of keeping more credit cards at a time, just keep one credit card. Its maintenance will be easy and quickly increase your bad credit score. For your own record or convenience, you can request for a free credit report once a year.

When bad creditors find that they are a little bit far in completing their credit rates then they can apply for regular credit card. These cards have more benefits and features like lower interest rate than bad credit credit card. So, you have to choose the bad credit card smartly and wisely.

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Spencer Scott is author of No Credit Check Credit Cards.For more information about Prepaid Credit Cards, Visa Student Credit cards visit http://www.nocreditcheckcreditcard.net/