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Posts sent on: 2015-01-26

Jan262015

Austria Finmin Says Expects Swiss Franc To Weaken In Longer Term - Yahoo Finance











Wealthy Austria, which banned many foreign currency loans http://jeducai.mywapblog.com in 2008, has been less affected by the money Swiss currency move. But the removal of the cap means more costly debt servicing for some 151,000 households who hold a total 29 billion euros ($32.5 billion) in Swiss franc-denominated loans. "For Austrians who have loans in francs this means they have around 20 to 25 percent more debt," the Oesterreich newspaper quoted Finance Minister Hans Joerg Schelling as saying. "I don't think that the franc will stay this high in the long term because Switzerland can't afford it. Exports get too expensive and tourism will drop," Schelling said. He did not say how he expected Switzerland to rein in its currency.
More: http://finance.yahoo.com/news/austria-finmin-says-expects-swiss-100816345.html




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Jan262015

Belgium Arrests Another Suspect In Terrorism Probe - Bloomberg











15 operations were identified today as Marouan E., born in 1989; Mohamed A., born in 1988; and Billel H., born in 1988. Their custody was extended today by a Brussels court, the prosecutors said. All three are charged with participating in terrorist activities and infractions of the law on weapons. Marouan E. is also charged with armed rebellion with premeditation, links the prosecutors said. Belgian prosecutors also confirmed that the Greek authorities will extradite an 1982-born Algerian suspect, identified as Omar S., in the coming days. As part of another case, three people were detained on Jan. 15 at a Brussels airport as they (visit site) were planning to go to Syria via Greece , prosecutors said.
More: http://www.bloomberg.com/news/2015-01-21/belgium-arrests-another-suspect-in-terrorism-probe.html




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