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Chase Bank Limits Cash Withdrawals, Bans International... Before you read this report, remember to sign up to http://pennystockpaycheck.com for 100% free stock alerts Chase Bank has moved to limit cash withdrawals while banning business customers from sending...

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Richemont chairman Johann Rupert to take 'grey gap... Billionaire 62-year-old to take 12 months off from Cartier and Montblanc luxury goods groupRichemont's chairman and founder Johann Rupert is to take a year off from September, leaving management of the...

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Cambodia: aftermath of fatal shoe factory collapse... Workers clear rubble following the collapse of a shoe factory in Kampong Speu, Cambodia, on Thursday

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Spate of recent shock departures by 50-something CEOs While the rising financial rewards of running a modern multinational have been well publicised, executive recruiters say the pressures of the job have also been ratcheted upOn approaching his 60th birthday...

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UK Uncut loses legal challenge over Goldman Sachs tax... While judge agreed the deal was 'not a glorious episode in the history of the Revenue', he ruled it was not unlawfulCampaign group UK Uncut Legal Action has lost its high court challenge over the legality...

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Destiny Media Technologies, Inc. (DSNY: OTCQX U.S.) | Destiny Media Technologies to Present at the 2013 East Coast IDEAS Investor Conference in Boston on May 15

Category : World News

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Destiny Media Technologies to Present at the 2013 East Coast IDEAS Investor Conference in Boston on May 15

PR Newswire

VANCOUVER, April 30, 2013

VANCOUVER, April 30, 2013 /PRNewswire/ – Destiny Media Technologies (TSXV: DSY)
(OTCQX: DSNY), the leading solution for the secure distribution of
pre-release music to radio and the developer of a new cross platform
playerless video streaming format, today announced that Steve
Vestergaard
, Chairman and Chief Executive Officer, will present at the
East Coast IDEAS Investor Conference on Wednesday May 15, 2013 at the
Metro Meeting Center in Boston, MA. Destiny Media’s presentation is
scheduled to begin at 1:35 p.m. EDT. The presentation will be webcast live and may be accessed at the
conference website, www.IDEASConferences.com, or in the investor relations section of the company’s website: http://www.dsny.com.

About IDEAS Investor Conferences

IDEAS Investor Conferences are sponsored directly by money management
firms for the benefit of regional investment communities The IDEAS
investor conferences are annual independent venues allowing quality
public companies to present their investment merits to an influential
audience of investment professionals. Conference sponsors collectively
have more than $100 Billion in assets under management and include:
Barrow Hanley Mewhinney & Straus, Eagle Asset Management, Keeley Asset
Management, Granahan Investment Management, GRT Capital Partners,
Hodges Capital Management, Luther King Capital Management, Marble
Harbor Investment Counsel,

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Letters: Palestinian prisoners

Category : Business

Today, 17 April, is Palestinian Prisoners’ Day. This for me is a day to think about the child prisoners – taken in the middle

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IMF keen to splash the cash in Egypt

Category : Business

The IMF is very interested in spreading its money and influence in Egypt, but concerns remain over US-style policies and Morsi’s legitimacy

Egypt is on the front line in the International Monetary Fund’s battle to remain relevant despite the rapidly shifting balance of power in the 21st century global economy. IMF officials are in Cairo, haggling with the Muslim Brotherhood government about the conditions of a proposed $4.8bn loan.

During the eurozone crisis, the IMF has frequently been regarded as a voice of reason, forcing Europe’s policymakers to face up to the scale of the financial disaster. But many ordinary Egyptians see the Washington-based institution as a stalking horse for the US-backed policies they sought to overthrow by occupying Cairo’s Tahrir Square during the Arab spring. Abolishing costly food and fuel subsidies is on the IMF agenda, for example – a controversial issue in a country with a history of “bread riots”.

Egypt desperately needs cash. Its foreign currency reserves are running low and it risks being unable to afford essential fuel and food imports. But some campaigners argue that the tax rises and subsidy cuts the government is negotiating with the IMF in return for a loan are strikingly similar to reforms drawn up by the reviled Mubarak regime.

IMF managing director Christine Lagarde said earlier this year: “The IMF needs to have the commitment of the political authorities that can actually endorse the programme, own it, and propose it to the population as theirs.”

But Mohga Kamal-Yanni, an expert on Egypt at Oxfam, disagrees: “The IMF prescription for the Egyptian economy is going to be really, really damaging. They don’t want to accept that there are other ways to raise government income.”

She argues that the cash squeeze is being caused by the fragile legitimacy of new president Mohamed Morsi, with the associated turmoil unsettling investors and markets. The IMF blames the crisis on the economic situation, she says, but it’s actually caused by the political situation. Egypt’s allies, including Qatar, have come to its aid with bilateral loans.

However, Sargon Nissan of the Bretton Woods Project thinktank says the IMF is determined to extend its reach in the countries where the Arab spring has brought democracy. “The IMF is desperate to lend to them,” he says. “Europe is a quagmire; eastern Europe is not a good place to lend; and the Middle East is a hugely significant region, in which the IMF’s major sponsor, the US, has major geopolitical interests. The IMF is very clearly prioritising support for this region, and Egypt is the key country.”

He argues that the IMF should be cautious about entering talks with a regime whose legitimacy has been widely questioned since Morsi granted himself sweeping new powers last year. These powers were later repealed, but elections under a new constitution are not due until later this year.

“The really disturbing thing is that they’re willing to work in Egypt and in a number of the transitional countries without those countries necessarily having a sufficient democratic mandate,” he says. He says the IMF should instead be making a short-term, emergency loan, with few conditions – an option the Egyptian government declined in 2011.

Advent Announces Additions to Senior Team in EMEA Region to Support Growth

Category : Stocks, World News

New Sales Positions Created in the Middle East and Europe in Response to Increasing Demand for Advent’s Solutions

Read the original: Advent Announces Additions to Senior Team in EMEA Region to Support Growth

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VIDEO: Washing cars without water in Dubai

Category : Business

Middle East Business report met two brothers who have shaken up the car-washing business in Dubai by doing away with the most obvious ingredient – water.

Read more: VIDEO: Washing cars without water in Dubai

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Murray targets India and Middle East

Category : Business

Two major sports management firms team up to win more commercial endorsements in India and the Middle East for UK tennis player Andy Murray.

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RusHydro JSC (RSHYY: OTCQX International Premier) | Results of the Board of Directors on April 2, 2013

Category : World News

Results of the Board of Directors on April 2, 2013< ?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />

JSC RusHydro (ticker symbols: RTS, MICEX, LSE: HYDR; OTCQX: RSHYY) announces that the Board of Directors approved participation of the Company in four companies created to implement the construction of new generating facilities in the Far East: heat and power plant in Sovetskaya Gavan’, the Sakhalinskaya power plant No.2, the Yakutskaya power plant No.2

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VIDEO: ARM boss Warren East stepping down

Category : Business

Chief executive Warren East is stepping down from ARM, the world’s largest microchip designer.

See the rest here: VIDEO: ARM boss Warren East stepping down

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VIDEO: World records boost for Middle East

Category : World News

Middle East Business Report examines the growing appeal of setting new world records in the Middle East.

Continue reading here: VIDEO: World records boost for Middle East

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Western and Work Wear Retailer Boot Barn(R) to Celebrate the Grand Opening of New Lebanon, TN Store

Category : Stocks, World News

IRVINE, CA–(Marketwire – Mar 8, 2013) – Boot Barn®, America’s largest western and work wear retailer, will celebrate the opening of its newest store in Lebanon, TN. The store will open its doors on March 21, 2013, and the official Grand Opening Sale and Celebration is scheduled to begin April 5th at 10am and will continue through April 7th. The 15,000 square foot store, located at 1008 Cumberland Center Blvd., about 25 miles east of Downtown Nashville, will be stocked with over 4,000 pairs of boots and 3,000 pairs of jeans.

Link: Western and Work Wear Retailer Boot Barn(R) to Celebrate the Grand Opening of New Lebanon, TN Store

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