Archive for October, 2010

India is home to thirty-five million people with diabetes which is nearly 15 percent of the global diabetes burden, and projections show that this will increase to seventy million by 2025. Diabetes disproportionately affects people of working ages and accounts for US$2.2 billion (almost Rs. 10,000 crores) in annual health care costs in India alone. (1) Because India has a population of 1.1 billion, 40 percent of whom are under age eighteen, investment in the health of India’s future workforce is crucial. (2) Poorly controlled diabetes leads to complications, amplifying disability and mortality rates and leading to high direct, indirect, and intangible costs (3) If immediate multi sectoral action is not taken, diabetes threatens India’s emerging economy. Projections show that in the next decade, India will lose US$237 billion in national income due to diabetes, stroke, and heart disease, yet Indian policymakers do not yet perceive the epidemic as a priority (4) .

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Avoid These 11 Credit Card Mistakes

Posted by Brittany Kelly On October - 28 - 2010 0 Comment

Photo by Andres Rueda

Credit cards are useful financial tools, but they can also be a costly lesson in responsible financial management. A credit card often gives people the impression they can afford more than they actually can and it can take years to dig their way back out of debt. Here are 11 credit card mistakes to avoid:

1. Using credit when you don’t have the cash available to pay for the purchases.

It is convenient to slide the plastic through a credit card reader at the checkout line, but statistics show that people who shop with credit cards spend more than people who pay with cash. Use your credit card sparingly and make sure you have the cash available to pay for anything you buy with your credit card before you make the purchase.

2. Paying just the minimum payment.

Sending just the minimum payment to credit card accounts is why the industry is a multi-billion dollar industry!

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Neighborhood Stabilization Program Gets Results in Rhode Island

Posted by Aaron Myers On October - 28 - 2010 0 Comment

The effects the government funded Neighborhood Stabilization Program are being seen and felt in communities all over the nation. Old buildings are being torn down and replaced with affordable living spaces perfect for many who are feeling the crunch of unemployment rates near 10%. Other homes are being bought, renovated and then sold again to consumers ready for homeownership. This ensures that these new homeowners will have a sound investment in which to build a future.

In Rhode Island, communities are seeing the effects of the $26 million in funds. Almost $20 million of this federal money will help to restore more than 100 foreclosed properties around the state. Another $2.2 million will go to Rhode Island consumers looking to buy their own foreclosure. The funds should help another 100 potential buyers with a down payment of up to a fifth of the cost of the home.

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You’re probably one of the many people who have gotten into trouble with credit and need affordable credit repair solutions now, there are a few to try. You need a good credit score for pretty much everything these days and it’s never been harder to maintain a good credit rating.

Ideas For Affordable Credit Repair Solutions That Work

There are affordable credit repair solutions that you can go use and to get the help you need. If you’re one of the many people who have come to find themselves in trouble with their credit, there are affordable credit repair solutions you can use to get back on your feet.

Credit Report Solutions

One of the first and most important steps to take is to get a copy of your credit report. This way you get to see firsthand what the lenders are looking at when they’re considering your application. It’s im

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ATM usage from other bank terminals worries home banks

Posted by Tyler Cox On October - 27 - 2010 0 Comment

All banks allow free transaction upto five times per month from ATM terminals of other banks. This facility is however pinching banks. Banks have requested National Payments Corporation of India, which operates the National Financial Switch to reduce switching fees so that their costs can be brought down.

The last nine months have also seen the addition of 8,957 ATMs in the country thereby increasing the ATM usage by customers. Most of customers are now aware of the five free transactions they are entitled to and thus make appropriate usage of it.

Banks are having trouble with this because it is leading to increase in their costs. When a customer transacts from ATM of some other bank, then the home bank has to pay the other bank a transaction fee of Rs 20 per transaction.

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Tags: Banks

Auggie Anderson of Covert Affairs is a Good Man to Watch Your Back

Posted by Brittany Kelly On October - 24 - 2010 0 Comment

On the new spy series Covert Affairs, Auggie Anderson (Christopher Gorham) is a good guy to have watching your back. A Technical Operations Officer for the Central Intelligence Agency (CIA), Auggie provides invaluable assistance to new recruit Annie Walker (Piper Perabo), despite the fact that he is legally blind.

From Special Ops to Tech Ops

Originally a member of a Special Ops team stationed in Iraq, Auggie made a bad judgment call that, in his words, turned him into Ray Charles. Now stationed at CIA Headquarters in Langley, VA, Auggie is a fixture in the computer room, at least until Annie needs his help out in the field. For his normal day-to-day duties, Anderson uses a mechanical Braille reader that lets him read computer displays by touch.

While at work, Auggie is practically never without his Grado RS2 Headphones, a favorite accessory of audiophiles because of their ingenious wooden earpieces.

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PenFed AmEx Cards

Posted by Tyler Cox On October - 23 - 2010 0 Comment

The Pentagon Federal Credit Union (PenFed) is doubling the reward points you can earn on everyday purchases during the first year anniversary celebration of their PenFed Premium Travel Rewards American Express® Card, now until December 31, 2010. The PenFed Premium Travel Rewards American Express Card offers exceptional earn rates, including 5x points on airfare, and, for a limited-time, 3x points on hotels and dining and double points on virtually all other purchases. There are no caps or limits on the number of points cardholders can earn, and there are no foreign transaction fees.