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Crude oil pushes toward $96
LONDON, Sept. 6 (UPI) -- The Bank of England said Thursday that it would keep its overnight lending rate at 0.5 percent.
The BOE also said it would continue with a $583 billion asset purchasing program.
The BOE said the asset purchases, which were first announced in March 2009, would take two more months to complete.
In the meantime, the bank said, "The scale of the program will be kept under review."
The central bank does not explain its policy decisions on the day they are announced, but releases minutes of the policy meeting three weeks after decisions are made public.
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TEL AVIV, Israel, May 17 (UPI) --
Nobel Energy of Houston, which discovered Israel's big gas fields in the eastern Mediterranean, is pressing the government to decide soon on an energy export policy as the prospect of an undersea pipeline to Turkey gains credibility.
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TEL AVIV, Israel, May 17 (UPI) --
mid growing concerns about security threats from Syria and Iran, Israeli Prime Minister Binyamin Netanyahu has greatly reduced planned defense budget cuts.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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