| Bank accounts don't impact credit score
Dear Dr. Don, Does it hurt your credit rating if you keep opening and closing high-yield savings accounts? I started using Bankrate to find the highest yields in 2001 and opened an ING account. I've since moved it to E-LOAN and now noticed that I can do 0.5 percent better if I move it somewhere else. -- Rich Rates .
(AFX UK Focus) 2007-11-18 10:49 GMT: G20 MEETING Mbeki urges substantial reforms of IMF, World Bank
KLEINMOND, South Africa (Thomson Financial) - Thabo Mbeki, the president of South Africa, put his weight behind efforts to reform the IMF and the World Bank substantially. Addressing the G20 finance ministers and central bankers, Mbeki said the world's financial system, laid out in the Breton Woods arrangements after the war, have only served the minority interests of the world's leading economic powers. "For a very long period we have had a multilateral system which in reality has been dominated of the many by the few," he said. The world though, said Mbeki, needs this system to take into account the impact of globalisation, trade and investment openness and the appearance of some fast-growing emerging market economies. Mbeki noted the 19 nations represented, plus the European Central Bank, represent nearly 90 pct of the global economy and two thirds of the world's population and trade, making the G20 the world's "pre-eminent global financial and economic forum".
In Brief
HOLLISTER - The Community Pantry staff and volunteers are holding a car wash Sat. Nov. 17 at Sunnyslope Medical Center, 930 Sunnyslope Road, from 8:30 a.m. to 1:30 p.m. Funds raised will benefit the Thanksgiving Day baskets.
Foundation holds annual meeting
HOLLISTER - The Baler Education Foundation will hold its annual meeting Monday, Dec. 3 at 7 p.m. at San Benito High School in conference room 132. The meeting is open to the public.
Holte Dinner needs help
HOLLISTER - The Holte Holiday Dinner Committee still needs monetary and food donations for the annual Thanksgiving feast. Food donations of turkeys, potatoes, chicken broth and stuffing mix can be dropped off at Dave Baumgartner's office at 470 Tres Pinos Road in Hollister. Money donations can be sent to San Benito Bank, 300 Tres Pinos Road, care of the Holte Holiday Dinner Account.
SBH posts win
HYDERABAD: State Bank of Hyderabad (SBH) defeated EME Centre 2-1 in a Super League tie of the SAAP Premier League prize money football championship at the Gymkhana Grounds here on Saturday. The Bankmen opened the account in the 33rd minute when Zaki struck and just before the breather, Rock Xavier scored of a long ranger to give them a 2-0 lead. In the second session, EME fought back well to reduce the margin through Rajesh Mathew who converted a spot kick in the 80th minute. SCR bags double South Central Railway won a double winning the men's and women's titles in the GHMC Open basketball tournament here. In the men's final, SCR defeated AOC 77-66 while the women got the better of St. Pious High School 50-20. The scores (finals): South Central Railway 77 (Islaluddin Mobin 25, Lijju George 12, Karunakar 11) bt AOC 66 (Sanjay 11, P.B.
IRG Contests Oregon Suspension
International Racing Group has contested a decision by the Oregon Racing Commission to suspend its state operating license, and will continue to conduct business through its hub pending an administrative law hearing. IRG, which is the subject of a federal investigation involving what parent company Youbet.com claims are activities of certain customers and employees, was served notice Oct. 22 that the ORC intended to suspend its license over non-compliance issues. "We have received notice that IRG has requested a contested case hearing," ORC executive director Randy Evers said of a Nov. 7 letter received from IRG. "They (IRG) are working on coming into compliance. Their request is done to keep all of their options open." The company, which is an off-shore telephone wagering shop that offers rebates to its estimated 200 customers, had $1.5 million in three bank accounts seized in early October related to the investigation. During an Oct.
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