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DMV Closes Offices Tomorrow

Published July 9, 2009, 1:24 pm, KMIR 6 Palm Springs

- The Department of Motor Vehicles reminds customers that all statewide offices will be closed on three successive Fridays during the month of July - July 10, 17 and 24 - in keeping with Executive Order S-13-09.

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Kohn Warns Less Fed Autonomy May Cause Higher Rates (Update2)

Published July 9, 2009, 12:43 pm, Bloomberg

July 9 (Bloomberg) -- Federal Reserve Board Vice Chairman Donald Kohn said any “substantial erosion” of the central bank’s independence in setting interest rates may fuel investor fears of inflation and provoke higher long-term borrowing costs.

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SKorea hit by more cyber attacks, NKorea suspected

Published July 9, 2009, 12:09 pm, AFP via Yahoo!7 News

SEOUL (AFP) - A third wave of cyber attacks hit South Korea on Thursday evening, blocking or impeding access to official and private websites, amid suspicions North Korea or its supporters are to blame.

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Africa: FAO Paper On Land Grab is 'Wishy-Washy'

Published July 9, 2009, 11:28 am, AllAfrica.com

Berlin — The boom in the acquisition of arable land in Africa by foreign companies and governments has stirred an international debate between international institutions such as the United Nations' Food and Agriculture Organisation (FAO) and non-governmental groups and independent experts.

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Banking and Financial

Published July 9, 2009, 11:22 am, Mondaq

The CFPAA applies generally to consumer financial products or services. Consumer financial products or services are defined as financial products or services primarily for personal, family, or household purposes.

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Deal-making may hit $100-billion this year: RBC

Published July 9, 2009, 10:41 am, National Post

Canadian takeovers may reach $100-billion in 2009 as credit markets improve and the financial crisis winds down, said Peter Buzzi, co-head of mergers and acquisitions at RBC Capital Markets.

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Banks' ''courtesy'' loans at soaring rates irk consumers

Published July 9, 2009, 10:02 am, WTSP-TV Tampa

Even as regulators crack down on abusive mortgage and credit card practices, another type of lending threatens to mire consumers in a credit trap with "courtesy overdraft".

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Bid to clip Fed's wings gains support in Congress

Published July 9, 2009, 9:24 am, Reuters via Yahoo! News

A proposal from a long-time congressional foe of the Federal Reserve that could give lawmakers sway over monetary policy has won the support of a majority in the House of Representatives, alarming officials at the U.S. central bank.

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South Korea to set up cyber command against North Korea

Published July 9, 2009, 9:23 am, Channel NewsAsia

SEOUL: South Korea announced it would set up a military command next year to tackle the threat of cyber warfare from North Korea, amid suspicions the North was behind virus attacks earlier this week.

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Cebu to launch citizen's charter

Published July 9, 2009, 9:13 am, The Freeman

The Cebu Provincial Government will be launching its Citizen’s Charter on August 6 in compliance with the order of the Department of Interior and Local Government pursuant to the RA 9485 or the Anti-Red Tape Act of 2007.

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