eNewsWire

New research project, The Icelandic Book Drive, is soon to establish a Library of Science, Engineering and Technology in Iceland.

The Keilir Institute of Technology (KIT) has recently announced its ambition to establish a top research library focusing on science, engineering, technology, renewable energy and entrepreneurship at the Asbru Enterprise Park in Iceland. The title of the project is: The Iceland Book Drive 2010. Read more…

Leading Online Personal Finance Website Offers Consumers Free Advice On How To Get A Loan During Current Financial Climate

PayDayFinancial.co.uk, an independent marketing website providing consumers with access to a select number of top payday loan providers instantly, has launched a help section offering free advice and guidelines to consumers who are interested in applying for a loan during the current financial climate.

People tend to get confused when it comes to financial issues in general, and loan-related issues do not make an exception. Here is where PayDayFinancial.co.uk steps in with its free advice on how to get a loan, what are the types of loans people resort to and the common mistakes they should avoid when trying to get a loan.

If people thought that getting a loan was difficult in the past, they’d better think again now with the financial crisis knocking louder and louder on their doors. With the recent global housing market currently undergoing massive changes in traditional lending practices, borrowers will find obtaining a loan during this current financial climate to be more informative, defined and reliable than in the past. Large lending institutions are now more aware of the financial damage that subprime mortgages can cause to not only the housing industry, but the overall economy in general and individual financial stability more specifically. Read more about loans and the financial crisis.

However hard it may be, consumers should not panic. PayDayFinancial.co.uk offers great free advice on how to get a loan in this economy. Even though some people might feel humiliated when finding themselves in the position of applying for a loan, it should not be the case, as loans are no longer sought after only for large purchases, such as automobiles, homes or college tuition. Loans are needed for the working person, simply to make ends meet or just to survive in between paydays. However, the website advises you to be honest with yourself and borrow only what you can afford to repay.

Furthermore, if you’re worried that you will not be able to decide on the type of loan that you need or that you will not be approved for a loan, PayDayFinancial.co.uk is here to teach you about all the types of loans and about the ones that are the most appropriate for your specific circumstance. In addition, PayDayFinancial.co.uk helps you increase your chances to get approved for a loan.

Along with satisfying this need for help, webmasters can publish these articles for free on their websites. In order to do this, they can use the free webmaster resources for financial websites section of the site. Also, if you have an interesting article to publish, you can use the contact form. After all, it doesn’t cost you a penny!
For more information, please contact:
info [at] paydayfinancial.co.uk

On February 16 in Reykjavik, Iceland, the Organization for Civic Action will host a debate on the state of the nation in the wake of the economic crisis and the collapse of the Icelandic banking system.

Keynote speakers are economist Haraldur L. Haraldsson, psychiatrist Andres Magnusson and Adalheidur Asmundsdottir, law student. The newly installed centre left government has been invited to partake in the subsequent panel discussion, as have the chairs of the opposition political parties. Based on the experience of past civic meetings, the government is likely to attend. After the keynote talks, questions for the panel will be taken from the audience.

The meeting will focus on the current situation and progress made since October, when what the Economist has described as “the biggest banking failure in history relative to the size of an economy” occurred in Iceland. People are concerned whether the response so far by the government has proven sufficient to meet the scale of the problems facing the country. As elections have been scheduled in the spring, and a new interim government is in power, this is a good time to pause, and reflect on where we are going and what the future looks like. Read more…

Zweifellos sind wir weit davon entfernt, von einem Ende der Finanzkrise sprechen zu können. Entsprechend wissen wir auch nicht, wie sich die Kapitalmärkte und die Weltwirtschaft schlussendlich neu aufstellen werden. Trotzdem sollte der Privatanleger jenen Zuwachs an Erkenntnis, den ihm die Ereignisse der vergangenen Monate gebracht haben, für sein eigenes Handeln nutzen. Ich will das wichtigste davon nachfolgend zusammenfassen.

There is no such thing as free lunch

Jahrelang hat die Finanzwirtschaft suggeriert, sie könne maximale Sicherheit und hohe Rendite in einem Produkt zusammenfassen. Heute wissen wir, dass diese Konstrukte optische Täuschungen waren, welche den Werken von M.C. Escher in nichts nachstanden.

Das magische Dreieck, Sicherheit – Rendite – Liquidität, in welchem jeweils zwei Faktoren den dritten ausschließen, gilt heute genau so wie vor hundert Jahren. Es ist nahe liegend, dass es auch in weiteren hundert Jahren noch seine Gültigkeit haben wird. Falls es die Finanzwirtschaft im heutigen Sinne dann noch geben wird… Read more…