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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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Kerry will call on Egypt leaders to reform and unlock IMF cash

Category : Business

US Secretary of State set to urge bickering leaders to end the political chaos that is blocking a large international loan

US Secretary of State John Kerry is calling on Egyptian leaders and opposition politicians to forge a political consensus that will allow the country to emerge from economic crisis. Kerry, who is on his first overseas trip as a member of Barack Obama’s cabinet, was scheduled to meet a number of opposition figures and Egypt’s foreign minister on Saturday. He will see President Mohammed Morsi on Sunday.

US officials said Kerry was particularly concerned that Egypt should make the reforms necessary to qualify for a $4.8bn International Monetary Fund loan package. One official said it was extremely important for the new Egypt for there to be a firm economic foundation, which required reaching agreement with the IMF. To get that Egypt must make reforms, like increasing tax collections and curbing energy subsidies.

Agreement with the IMF would also unlock significant US assistance, including portions of the $1bn that president Obama pledged last April. Getting the IMF deal will also be contingent on an end to the political chaos that has wracked the country since Morsi’s election. Kerry will press for all political players to come to a basic agreement on the country’s direction ahead of parliamentary elections that begin in April, the official said.

Liberal and secular Egyptians have complained that Washington is siding with Morsi’s ruling Muslim Brotherhood. The main opposition group, the National Salvation Front, has said it will boycott the upcoming elections. The US official said Kerry would not tell the front what to do, but would stress that they should participate if they want their ideas and values heard and represented. At the same time, the official said Kerry would impress on Morsi the need for inclusiveness and tolerance.

The visit by the US state secretary was marked by protest on Saturday. In Cairo’s Tahrir Square, a small group of anti-Morsi demonstrators held banners reading: “Kerry – member of the Brotherhood” and “Kerry, you are not welcome here”. The protests in the capital were largely peaceful. However, unrelated demonstrations Saturday in the Nile Delta city of Mansoura saw clashes in which at least one person died. Meanwhile in Port Said, a mob torched a police station, according to security sources.

Egypt has been locked in political crisis for months, amid waves of protests against Morsi that have repeatedly turned into deadly clashes and rioting. The opposition accuses the president and the Brotherhood, from which he hails, of dominating power in Egypt, effectively stepping in to the same role as the ousted autocrat Hosni Mubarak and failing to carry out reforms while seeking to instill a more religiously conservative system. Morsi’s administration and the Brotherhood say their opponents are trying to use street unrest to overturn their rule.

Kerry’s visit to Egypt is the sixth leg of a nine-nation dash through Europe and the Middle East. He will travel next to Saudi Arabia, the United Arab Emirates and Qatar.

Kerry set to take up Clinton’s crown – Hindustan Times

Category : Stocks


Philadelphia Inquirer
Kerry set to take up Clinton's crown
Hindustan Times
John Kerry is the son of a US diplomat, who grew up among the rubble of Berlin, criss-crossed Europe as a child, fought in Vietnam, has met many world leaders and negotiated tough deals for America. And in just a few days the veteran senator, who has
Kerry: An Outsider Finally Gets InTIME
Military might alone shouldn't define foreign policy, Kerry tells panelThe Seattle Times
For Kerry nomination, a procedural hiccupWashington Post (blog)
Boston Globe

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MP criticises Katona loan advert

Category : Business, World News

Stella Creasy says she is concerned about reality star Kerry Katona’s decision to front a payday loans advert campaign.

See original here: MP criticises Katona loan advert

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Obama and Romney: Cramming and pruning for their first debate – San Jose Mercury News

Category : Stocks


New York Times
Obama and Romney: Cramming and pruning for their first debate
San Jose Mercury News
WASHINGTON — In a conference room at the Democratic headquarters, President Barack Obama has been preparing for the debate next week, but the reviews of his staff are already in. Too long, they tell him. Cut that answer. Give crisper explanations.
With 40 days left, the candidates focus on their coffersCBS News
Mitt Romney makes a dash for cash in PennsylvaniaNew York Daily News
Kerry to play 'Romney' in the debatesNBCNews.com
New York Times

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Kerry Kennedy arrested for driving while impaired: police – Chicago Tribune

Category : Stocks


AFP
Kerry Kennedy arrested for driving while impaired: police
Chicago Tribune
NEW YORK (Reuters) – Kerry Kennedy, the ex-wife of New York Governor Andrew Cuomo and a daughter of Robert F. Kennedy, was arrested after a traffic accident on Friday on charges of driving while impaired by drugs, the state police said.
Kennedy Daughter Charged in Hit-and-Run CrashCleveland News – Fox 8
NY Gov's ex-wife arrested for driving on drugsWall Street Journal
Kerry Kennedy found slumped over wheel: SourceNewsday
Forbes

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Tropical weather approaching Southeast – msnbc.com

Category : Stocks


Boston.com
Tropical weather approaching Southeast
msnbc.com
Subtropical storm Beryl began moving faster toward an expected landfall Sunday night on the Southeast US coast, threatening Memorial Day beachgoers with forecast conditions of dangerous surf and drenching rains. NBC's Kerry Sanders reports.
Beryl bringing rip currents to Palm Beach County's watersPalm Beach Post
Beryl threatens rain, winds on southeast coastThe Virginian-Pilot
Beryl: sunday morning updateWPEC
WNCT
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InterActiveCorp’s (IACI) Vimeo online video site has hired Kerry Trainor, previously [[AOL]]’s entertainment head, to be its CEO. Trainor left AOL earlier this month, the latest in a string of major executive defections for the company….

Category : Stocks, World News

InterActiveCorp’s (IACI) Vimeo online video site has hired Kerry Trainor, previously AOL‘s entertainment head, to be its CEO. Trainor left AOL earlier this month, the latest in a string of major executive defections for the company. InterActiveCorp recently said it plans on selling a $50M stake in Vimeo, but will subsequently retain a 50% “non-controlling stake.” Post your comment!

Here is the original post: InterActiveCorp’s (IACI) Vimeo online video site has hired Kerry Trainor, previously [[AOL]]’s entertainment head, to be its CEO. Trainor left AOL earlier this month, the latest in a string of major executive defections for the company….

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63% Newlyweds

Category : Entertainment

Buzzy (Edward Burns) and Katie (Caitlin FitzGerald) are a newly married couple living a seemingly conflict-free life. But when Buzzy’s damaged and impulsive half-sister Linda (Kerry Bishé) arrives at their doorstep expecting to stay for an indefinite…

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