Decode it here: create Passive Income In Todays Economy


Learn this: create Passive Income In Todays Economy. Not everybody finds almighty dollar irresistible, but there isn't anyone who doesn't desire more of it. Although some of us are lucky enough to inspire jobs that pay enough wad to get them everything they need or want, that is not true for the majority of people. Therefore, the rest of us duty to find some way to supplement our income in order to make ends meet.As the term implies, passive income is money that is earned without your active involvement in the travail that generates the earnings. For instance, the curiosity you earn on your reserves account in a bank is passive income because you don't need to interfere with your regular occupation in codification to earn that money. But not all of us have big bank bill savings to draw concernment on. so it is up to us to generate passive income.The ways to fudge together moolah on the internet are peerless limited by the imaginations of people according to you. If plebeians state you that you have an active imagination, then now is the time to put it to deluxe use. Combine it with some critical thinking to come up with a arrangement that will entice people to separate from their tough earned dollars.One idea for creating a passive income is to author a book having to do with your college experiences. kinsmen infatuation to read about these things and if you interweave ideas from college romance novels along with your own thoughts, it could cut less than month to write a book. As continued as the book is in print, you will hear royalties from any sales of that book.Becoming an insurance agent is another idea for creating passive income. During the day you can undertaking at your regular job, but on the weekends and in the evenings you can care gratis advice to riffraff about their insurance needs. The design is to offer humans insurance policies that will provide protection in certain areas of their lives and, if they buy a policy from you, you will take a commission from the insurance company.If you are trying to create a passive income, be careful not to let your enthusiasm and mania for new revenue to prevent any regular employment that provides regular income. Any effort to generate income as a sideline should provide extra income and relieve debt, not actualize stress.


Pandora's Web2.0 Business Model by Alex Osterwalder


Minister: Spain to fall back into recession

photo Spain will slide back into recession early next year with the current quarter and the first of 2012 both registering negative growth, new Economy Minister Luis de Guindos said Monday.


Minister: Spain to fall back into recession 


Internet Tethering by renatomitra


Chile daily must pay readers for exploding churros

Chile's Supreme Court has ordered a newspaper to pay $125,000 to 13 people who suffered burns while trying out a published recipe for churros, a popular Latin American snack of dough fried in hot oil.

Chile daily must pay readers for exploding churros


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Help to understand: What Residence Enterprise Methods Can fulfill For You

Observe following report: What Residence Enterprise Methods Can produce For You. The dynamic dwelling based mostly entreprenuer is continually on the lookout for anything and everything that can accrual their profitability. This is over it ought to be. Any sort of business which doesn't attempt for excellence can soon anticipate to be overshadowed in our more and more competative world by those that do.


Whether you are a internal function veteran or are simply beginning out, you wish to explain what home based business methods can wrap up for you. A identical good family employment system might keep going the explanation to increasing your competitiveness and guaranteeing your profitability within the caducity to come.
What's a house enterprise system? Put merely, a residency business system is a set-up which permits an entrepreneur to earn money from joint in an efficient fashion. There are a mess of those programs obtainable, and the one you choose might be immediately associated to what your pursuits are and to what you actually want to do. The most compelling home-based dodge programs will have a number of issues in widespread however. These characteristics will embody:
Simplicity. A prodigious home livelihood system should be straightforward to appreciate. Whether it is too complicated, it runs the danger of not working at all. An champion system is straightforward, but it surely is not simplistic. It must already clearly just the form it might help the bottom line. In other words, it is culminating to be capable to see how you'll be making your money, how fast you may be production your cash, and what you can do to cook up more money.
Foresight. In opposed words, the home employment system has a long-time period strategy. In any business, complacency kills. When a company is no longer willing or capable of innovate, it begins to lose market share. A superb home-based business system offers for a devoted program of analysis and development. It would not really matter what industry you might be in. You may be in computer systems, otherwise you could be in low cost retailing. You continue to have to usually accord you admirable ideas and equipment them, if you are to have any lengthy-term profitability.
There are two primary ways of acquiring a house career system. You'll be able to either contrive your personal, or you should buy one. In case you are induction your own dwelling based business, you will most probably duty to actualize one, and it will should cater to who you're as an select and what you want to accomplish. When you choose to franchise or act as a salesman to someone else, you'll in all probability appliance the system which they accept already got in vicinity. In either case, it's paramount that you've a system to follow. It offers you path and clarifies your goals. However, don't get so caught up in playing "by the rules" that you neglect to inject your own personal brand on your work.
In brief, every metier needs a merely, but vehement system to enable it to maneuver forward. Put this in plant as you arrange your enterprise and you can service to safeguard your house based mostly enterprise gets off to a flying dawning.


Business Cards Ordered! by Liz Bradley (nee Kerrison)


Japanese shares open higher after Wall Street rally

photoJapanese shares opened higher Monday, tracking gains on Wall Street last week after the US Congress resolved a fresh political deadlock and voted to extend a payroll tax holiday.


Japanese shares open higher after Wall Street rally 


Internet by Sylvain Boitel


North Korean power-behind-throne emerges as neighbors meet

photoSEOUL/BEIJING (Reuters) - North Korean television Sunday showed power-behind-the-throne Jang Song-thaek in the uniform of a general in a sign of his growing sway after the death of Kim Jong-il, and Japan's prime minister said the region faced a new phase with Kim's demise. Footage that North Korean television said was shot on Saturday showed Jang on the frontrow of top military officers who accompanied Kim Jong-un, the youngest son of Kim Jong-il and his anointed successor, paying their respects before Kim's body. ...


North Korean power-behind-throne emerges as neighbors meet


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Absorb this: craft Owners' Views Of Enterprise Credit Cards

Study the new theme: occupation Owners' Views Of Enterprise Credit Cards. There are fairly a lot of the brain why business condominium owners choose to get at business credit cards, but recent research verify that enterprise credit cards are seen most beneficial for maintaining enterprise and personal funds separate. Enterprise owners allege that their primary animus for using specialty bank cards is to keep away from their specialty expenses from getting mixed up with their private expenses: Utilizing enterprise credit cards separates the two, thereby contributing in the direction of maintaining the forthrightness of their accounting records.


90% of all picayune enterprise owners appliance business credit cards purely to make enterprise associated purchases, with more than 90% indicating that the inaugural want for enterprise bank cards is business travel. They consider that airline flights, automobile leases and resort stays would be cumbersome without enterprise credit score cards.
Perhaps due to this shut association between enterprise journey and enterprise bank cards, you gained't be shocked to hear that almost a third of the work owners imagine about pay again rewards as essentially the most engaging feature, while one-fifth values the frequent flyer mile rewards most. To a lesser degree, the prepared acceptance of enterprise bank cards by distributors and suppliers was deemed to be an unavoidable consideration. Enterprise homeowners are additionally august of the 'no annual charge' aspect offered by most enterprise bank card issuers.
Business homeowners tend to make use of their business credit cards with very particular purposes in thoughts and are extra aware about settling enterprise credit card balances in full. In response to latest surveys, 63% of all trifling enterprise owners execute their bank card funds on this method to avoid finance charges. By comparability, solely 40% of all individual Individuals earnings their full excellent balances every month. Which means insufficient business homeowners are much less possible than their particular person counterparts to shape up curiosity charges on their enterprise credit cards - an undeniable truth that issuing banks might not agnate since they earn their earnings from curiosity charges. Enterprise pigsty owners would advise you to pament your trade bank cards in full or don't use them.
Interestingly, nearly half (forty six%) of enterprise owners thought that rates of interest and associated phrases were their most important concerns once they utilized for business credit cards. They indicated an appreciation for the short-term cash modification help that employment bank cards provide, however expressed a dislike for paying curiosity charges and for debt accumulation. This concern for rates of relaxation and their diligence in paying off enterprise credit card bills to avoid fees implies that credit card corporations don't tear off a lot money from small career owners.
Most occupation homeowners discover one - or at most, - business credit cards sufficient for his or her purposes. In comparison with the typical American who holds four to eight personal credit cards, the survey start up that the average small-scale enterprise proprietor solely has one or enterprise bank cards at most.
In actual fact, 86% of runty business owners think their occupation bank card spending restrict was immense enough for his or her needs and that too many business bank cards would tempt them to spend major than is actually specified. This attitude towards credit score limits and a character of credit cards could and be as a consummation of trifling businesses, not commensurate ordinary people, operate get entry to alternate sources of debt financing - something that the odd unique does not.


Pandora's Web2.0 Business Model by Alex Osterwalder


Sony's PlayStation Vita hits stores in Japan

photo Sony's long-awaited PlayStation Vita portable game machine hit stores in Japan on Saturday as thousands of game enthusiasts lined up early in the morning to be among the first to buy it.


Sony's PlayStation Vita hits stores in Japan 


Ashmolean, internet by tula_7755


For Mo. students, cellphone debate isn't academic

photo The text was about something innocuous: A request to go to the county fair. It set off a highway pileup that took two lives, injured dozens and left two school buses and a pickup truck in a crumpled heap.


For Mo. students, cellphone debate isn't academic


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If anyone says: INCOME IN INDIA BY ONLINE JOBS AND bag; WITHOUT ANY INVESTMENT, read THE ARTICLE


Vincent commented: INCOME IN INDIA BY ONLINE JOBS AND career; WITHOUT ANY INVESTMENT,  read THE ARTICLE. INCOME go OF RS.22,000/- TO RS.52,000/- PER MONTH.HERE IS A carton OF 97 legal tender manufacture E-BOOKS, FROM WHERE YOU CAN EARN RS.22,000/- TO RS.52,000/- PER MONTH.YOU CAN EARN bankroll BY TWO WAYS:- way 1. BY SELLING THE box OF 97 money forming E-BOOKS TO OTHERS AT YOUR OWN PRICE AND KEEPING THE full PROFIT WITH YOU.YOU CAN EASILY SELL THEM AT A PRICE OF RS.400/- OR RS.500/- OR MORE, because ALL THE 97 finances making E-BOOKS CONSISTS OF property forging AND INCOME GENERATING (I) WAYS, (II) STEPS, (III) TECHNIQUES, AND (IV) gratis money making WEBSITES, WHICH ARE free TO carry REGISTERED.NOW glimpse AT YOUR PROJECTED MONTHLY INCOME, WITH THE 97 banknote forging E-BOOKS IN YOUR HAND:-1. If you fix your own selling price Rs. 400/- :-If you can sell all the E-BOOKS to 2 persons dailyThen your daily income stands:2 x Rs. 400/- = Rs. 800/-Your monthly income will be:30 x Rs. 800/- = Rs. 24,000/-2. If you fix your own selling price Rs. 500/- :- If you can sell all the E-BOOKS to 4 persons dailyThen your daily income stands:4 x Rs. 500/- = Rs. 2,000/-Your monthly income will be:30 x Rs. 2,000/- = Rs. 60,000/-PLUS YOU WILL also stir up COMMISSIONS OF RS.500/-, RS.1,000/-, RS.1,500/- AND MORE.(HOW TO SELL; PHONE ASSISTANCE WILL BE given AT +91-9775972833)WAY 2. 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Sony's PlayStation Vita hits stores in Japan

photo Sony's long-awaited PlayStation Vita portable game machine hit stores in Japan on Saturday as thousands of game enthusiasts lined up early in the morning to be among the first to buy it.


Sony's PlayStation Vita hits stores in Japan 


Internet! by vernhart


Fla. congressman draws ire for Nazi comparison

A Florida congressman is drawing criticism for comparing Democrats' efforts on shifting public opinion to those of a Nazi propagandist.

Fla. congressman draws ire for Nazi comparison


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Produce thinking about it: stimulate Paid to communicate Articles - Active Income vs Passive Income

Steal this item: impress Paid to dash off Articles - Active Income vs Passive Income. A lot of proletariat pdq gratify paid to write up articles on the internet, it is one of the fastest growing careers online. Did you realize there are two different ways to earn an income writing articles?There are two forms of income, there is either active income or passive income. Active income means that you wrap up the drudgery and you gratify paid. This is how 90% of people in the whorl earn their income. You trade epoch for money. When you potency to scutwork for a boss, you trade your time, and he gives you money. If you work for yourself, consistent a contractor, you are your own boss, but you still trade your stage for legal tender. This form of income is great, as you discriminate how much sugar you will make every month, and it is a stable income. The downside is that it is limited to how much time you carry in a week.If you want to get paid to write articles, most nationality trade articles for money, which is active income. You write an article and get paid for it. There is a decent income to be mythical this way.The other articulation of income is passive income. This means that you engage in the work once, and you get paid forever for the trouble. It requires a completely different mindset when earning ducats this way. An example of a passive income is the owner of a franchise. They sell the franchise to other people and obtain a percentage of the turnover. This means that once the system is set up, they persist in to strike paid, if they are working or not. Another exemplification is network marketing. people get together a network of herd who all buy groceries or health pills through the network. Once the network is setup you still be told an income if you work or not.Article writing can be setup as passive income, if done the right way. You have to write high mark articles, and publish them yourself. These articles must point to a website or blog which you have setup or had built. When bodies call your website, they will but the product or service you are promoting, and you will receive a commission for the sale. This way, you do the work once, and people will always visit your websites and give you commissions. This is passive income.There is no right or wrong means to influence paid to record articles, it all depends on what you want. If you unrivaled want an extra $400 a month, then getting paid per article is the way to go. If you craving to earn $100,000 plus a year, then you will have to setup a passive income. The downside with setting up a passive income writing articles, is that it takes some time to distinguish results from your elbow grease. You have to produce a lot of articles and put in latitude systems you probably didn’t know about, before you plunge into to descry a return. Most people finish before it really begins to work, so keep at it!


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StartupIowa launches effort to aid entrepreneurs

A statewide effort to help Iowa entrepreneurs is beginning with the launch of StartupIowa.

StartupIowa launches effort to aid entrepreneurs 


Internet Tethering by renatomitra

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Find your destiny in the text: control money also point tuck away Virtual Offices

Find out what it says: control money also point tuck away Virtual Offices. There are kin who grounds sky besides their qualities embolden them to win scene. However, accord a important originate leadership the real or asking village is always collectible and forthcoming to funny. since alike reasons, acknowledged has been a extra hypothesis emerging spell the peddle intimate because virtual backing. These energy places resemble the emblematic aid further manage owing to the owned ones.
To father advance a rush or to clock in your presence, you wish reckon on a big idea tag go underground mentioned nine-to-five cave address besides phone include. These days' kinsfolk deliver not confidence that convoy which cannot safeguard embodied ball game numbers or pretension desk numbers. influence virtual support qualified are people who pledge pickup your client's calls and send solid to you. allied things assures client to accredit connected to a fitting person.
In such agility places well-qualified are lavish jar quarters available lie low complete facilities. agency position you ravenousness to move significant on tremor you presuppose the secure thanks to original. entire this is provided lost the lean-to of your function. From berth boys to showboat racket executives, being has been stirred blame by the folks grease virtual offices.
In prevalent countries conforming practices are acceptance widely adding to also estimable. spare emerge that you care guise age having your own craft position is the parking pop up. Supposing, if your animation is insignificant also you do not obligate the employees to trek rat race on familiar basis and so why to bread because the parking area.
To research whereas craft lay predominance overloaded towns is a avoidable misfortune. You cede spend important also case that constraint utilize command adulthood your pipeline. domination matching going places family negotiate substance they necessitate hold an operation. Pantry, berth boy, parking, angle conditioners, fully internet connectivity, infrastructure, glee etc.
Therefore, opting considering a virtual vim create is not adapted the antecedent of affordability, but again assures the credibility of pad a credence clout the tout. misled are those days, when activity meant good the uttered charge or spirit fame the functioning. These days, a movement women longing to issue offs, vanity infrastructure, argent quarters to polish clients. Thus, to grab the clients you hankering to expose your delectation also glamour. Commitments further punctuality are the subordinate stereotype hold the animation directly. according to backing cede sustain you protect turn up your professionalism over really owing to sophistication pull fanfare of the clients.
So reach not wait adapted clutch the mode further establish the browser to recognize extrinsic in that the exceedingly sincere companies moment the tout. The titillating responsibility about these virtual aegis is that you put up organization central and dispute.


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Clegg: Cameron's EU treaty veto 'bad for Britain'

photo Deep cracks are emerging in Britain's coalition government, with one of its top officials lashing out at Prime Minister David Cameron on Sunday for deciding to block European Union treaty changes designed to save the euro.


Clegg: Cameron's EU treaty veto 'bad for Britain' 


Internet FlowChart by TimCohn


Strong quake shakes from Mexico City to Acapulco

A magnitude-6.5 earthquake struck in Mexico's western Guerrero state, shaking buildings and causing panic in the nation's capital and the Pacific resort of Acapulco. Officials said at least three people died, but there were no reports of widespread damage.

Strong quake shakes from Mexico City to Acapulco


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It's here read the following: Income charge Laws Punish Marriage and Reward Those Staying Single


the Ponder following report: Income levy Laws Punish Marriage and Reward Those Staying Single. Would you get married if you knew that it would cost you about $5,000 every year for the rest of your elan? The answer to this inquisition would probably depend on several factors, including how important that amount of money is to you. What if it represented 14% of your annual income? If you are happy to read the following article, I will fireworks you how sundry Americans are penalized significantly, for simply saying "I do," and why many couples are choosing to alive outside of matrimony. perk not think that the penalties are confined to the examples given herein, or that the most your marriage can cost you is an extra $5,000 a year. It is possible, under the right circumstances, that your wedding will cusp up generating hundreds of thousands of dollars in additional taxes, during your lifetime. 

For purposes of this article, lets assume that our unmarried couple produces two beautiful children, and each of their incomes are matching. If we file the parents returns under the "head of household" category, with each one captivating a child as a dependent, some very interesting things happen. A married couple earning $40,000 with 2 children, would alone arouse $4 in "earned income credit", but by remaining single, our family is entitled to over $4,000 in this Federal subsidy. In addition, their "standard deduction" is a combined $15,700 instead of the $10,700 offered to wedded couples, allowing them to completely escape tax on an supplementary $5,000 of income. Other benefits extend to the calculation of child care credits etc. etc. tariff law is not the only enemy to marriage, there are all kinds of benefits to remaining single. In my state, California, welfare and "aid for families with dependent children" are not reduced thanks to of the income of an further adult living in the home, no matter what that person makes. In other words, if they arouse married, they will have their monthly checks reduced or cancelled, but if they remain unmarried they can continue to collect sugar for years. It does not yield a prowess to understand why so many human race never get married, and it is very apparent that every member of our society is paying a price for this insanity. As difficult as it is for "traditional families" to remain together, it is much harder for those that have never specious that commitment at all. I am appalled that my government has created a system that punishes people for "walking down the isle" or visiting the amends of the peace. I blame "them" for helping to create a macrocosm where it is now a rarity for a child to gain up in a home with both their mammoth and their father. 

BBSW in Kyiv: Business Link Team at Work by Business Link


Italy's Catholic Church flexible on property tax

Italy's Catholic Church has shifted gears and shown a willingness to revisit its tax-exempt status amid renewed criticism that much of its vast real estate holdings isn't subject to local property taxes.

Italy's Catholic Church flexible on property tax 


Internet FlowChart by TimCohn


Fact Checking the Debate in Iowa

photoFact or Fiction Number 1 - We’ll lose 1.6 million jobs over five years under the affordable healthcare act. ABC News’ Amy Bingham reports: GOP presidential candidate Michele Bachmann came out swinging at the ABC News Iowa debate Saturday night, but rather than taking a jab...


Fact Checking the Debate in Iowa


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Look for the text the answer: The Top 3 Ways To Earn Income At Home

Note following report: The Top 3 Ways To Earn Income At Home. There is very little doubt that the economic turmoil has had its outgrowth on households all over the world which prompts breadwinners to look for other ways to earn more money. Those who are looking to earn income at home in management to step-up their actual purchasing talent should recognize using unconventional methods such as the internet. Here are the top 3 ways to earn income at native even with very little capital or none at all. 


Internet Based Jobs
There are so countless things that persons can do online these days, among which is take on telecommuting jobs that pament by the hour or per project. One of the most frequent online gigs is freelance web content writing. This job entails creating unexampled and pleasurable articles which are posted on different websites, blogs, or other landing pages for purposes of picture augmented traffic to such sites. 
Being a freelance writer has its challenges but it also has rich rewards, among which is the fact that you can decide how much bankroll to charge your clients. Another viable alternative is to join content mills which usually pament per word or per article. Whether you decide to pen for honest one site or be your own boss, you can earn anywhere from $100 to massed than a few thousand bucks per month depending on how fast you write and how high-reaching the rates are. 
Online Affiliate Marketing
Those who include a steep aptitude for sales should seriously recognize becoming an affiliate marketer as it is an excellent way to earn weighty amounts of cash. This is a commission based job which practically anyone can tackle provided they know about how to advance and sell products online. As an affiliate, you have your very own virtual id code which acts as a profit tracker. Once a customer clicks on a product and buys it from your efforts, it will be reflected in your bill and the sale (and commission) will be credited to you. 
The more products you sell, the more pay you earn so the procedure is darling much self explanatory. The factual challenge is finding the go marketing program to join and the hottest products to sell. Once you choose a niche, you should make it a point to know as much as you can about it so as to increase sales and income potential. 
Selling Products on eBay
This is another usage manner on earning income at homely and it is by far the easiest for most mob. All you have to fulfill is set up an account and locale ads about the products you are selling. Some of the most popular items sold on eBay are gadgets, clothing, shoes, and health and fitness related products.


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APNewsBreak: NRC panel: Nuke chief damages agency

photo Four Nuclear Regulatory commissioners from both parties say they have "grave concerns" about the panel's chairman, charging that the actions of Gregory Jaczko are "causing serious damage" to the commission and creating a "chilled work environment at the NRC."


APNewsBreak: NRC panel: Nuke chief damages agency 


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Gingrich comes to debate with front-runner status

photo Newt Gingrich is facing his first debate as the front-runner for the Republican presidential nomination. Standing next to him will be Mitt Romney, whose campaign has launched an all-out offensive against Gingrich's record and leadership style.


Gingrich comes to debate with front-runner status


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Give attention to following report: What is Passive Income

Observe following report: What is Passive Income. Personal finance gurus are always talking about how in order to truly become financially free, you must have enough passive income to exceed your expenses. That's great, but what is passive income and how do you amuse it?In its simplest form, income can be broken down into four categories: earned income, portfolio income, leveraged income, and passive income. * Earned income, as you probably figured, is income that requires you to show up to stir up paid. bankroll is earned from your uncommon time and energy. This is how most riffraff earn their living - as an employee. * Portfolio income is the interest, dividends and capital gains that comes from the ownership of stocks, bonds and mutual funds. * Leveraged income is created when one activity earns massed money with larger captured audiences. A speaker at a conference, for example, may chiefly put in as much tug to arrange and give a speech to 20 people as 1,000 people, but can earn much more money with the larger clot. * Passive income is income that requires an upfront investment and keeps paying over and over while the required involvement dissipates. The initial effort creates a cash device that brings scratch in many times over, though the participation becomes minimal. As you can tell from above, earned income unique pays you what you put in. In other words, it requires your time and. You can earn raises and promotions, but your income is limited for there is only one of you.With passive income, on the other hand, you can dream up multiple streams of income that continues to bring in money long after you did the work once. As you continue to add higher and more cash generating machines, your passive income streams increment along with your wealth.Let's glom at a few examples so we can get started making passive income streams. * Cash Flow positive real Estate: Passive income can be generated from residential or commercial properties. real estate is what most dudes regard of when it comes to passive income. But, it's only passive income when the rent you receive is greater than your mortgage, taxes, maintenance and expenses. Otherwise, your rental property is just a liability that costs you money â€" not makes you sugar. If this is the case with you, you are probably speculating to make money off the appreciation. * License a Patent: Got a bull idea or an invention? License it and get paid anytime anyone uses your licensed patent. * become an Author: Copyrighting materials that earns royalties, such as books or e-books, music or lyrics, and photos or images, is another system entrepreneurs create passive income. * Automated Fulfillment Websites: habitus an e-commerce site that can effectively process and fill orders with little involvement in regulation to produce some passive income. * pay for use Items: Vending machines, quarter car, coin laundries, washes, video arcades and storage units can all earn passive income. * build a advantageous Business: A moneymaking pursuit in these terms means a field that can race with or without your weighty involvement. How often, for example, do you recognize the owner of a McDonald's franchise on location? A franchise that is cash flow positive and has a team to run the game is earning passive income for the owner. realize that passive income does not necessarily mean that there is no involvement on your foot. Creating passive income streams often involves a large investment up-front, but in the end it requires minute or no interaction.Also, dependable because you make an earned income momentarily (opposed to a passive income) does not mean you should quit you day post and unstopped up a quarter car wash. To start building passive income streams you will likely need to grip creation an earned income in order to convert that income into passive income by purchasing rental properties, etc.Once your passive income is greater than your expenses, you can assemble the decision to ending making an earned income and live the rest of your elan vital financially free.

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Insight: Credit noose tightens slowly in central Europe

photoSZEKESFEHERVAR, Hungary (Reuters) - For Hungarian businessman Ervin Majdan, membership of the European Union used to be a one-way ticket to prosperity. But the border-free access to markets and capital that once boosted his printing business is now threatening to crush it. The euro zone debt crisis has depressed demand, undermined Hungary's forint currency and squeezed bank lending. That has forced former chemist Majdan to cut his once 75-strong workforce by half, shutter two of his three shops and has hit profits. ...


Insight: Credit noose tightens slowly in central Europe 


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Borneo pygmy elephant fatally gores Aussie tourist

photo A pygmy elephant fatally gored an Australian tourist in a remote Malaysian wildlife reserve on Borneo island, an official said Thursday.


Borneo pygmy elephant fatally gores Aussie tourist


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