What ever happened to that vacuum system — promoted by Kevin Costner — that might be able to collect oil from the Gulf of Mexico?
Curiosity about how the testing of the system is going inspired one of the questions in this edition of “Ask AP,” a weekly Q&A column where AP journalists respond to readers’ questions about the news.
If you have your own news-related question that you’d like to see answered by an AP reporter or editor, send it to newsquestions@ap.org, with “Ask AP” in the subject line. And please include your full name and hometown so they can be published with your question.
You can also tweet your questions to AP, using the AskAP hashtag.
Ask AP can also be found on AP Mobile, a multimedia news service available on Internet-enabled cell phones. Go
Read the full post
Oil, Spilled Oil
The developments leading up to the Icelandic financial crisis makes for an interesting read, only because of the fact that a lot of factors actually contributed to it. The problem really was – No one was able to understand the magnitude of the problem at hand, resulting in the entire situation to spill over in a big way.
The Krona was depreciating
The national currency of Iceland, Krona, didn’t do well in the lead-up to the final bust. Starting January 2008 until September 2008, the Krona had slipped 35% against the value of Euro. It was not that the Euro was strong in itself, but the Krona was way too weak compared to the Euro. T
Read the full post
Crisis, Financial Crisis, Icelandic Financial, Icelandic Financial Crisis
The basic philosophy of debt consolidation is that you borrow enough money to pay off your creditors at a favorable interest rate that allows you to pay off your consolidation loan over time, while costing less money to do so. If you approach consolidation with a level head and with the serious intention of tackling your debts once and for all in 2008, it can be a very liberating experience. Debt consolidation can put you back on the road to financial wealth and personal freedom quickly and while saving you money along the way.
Tip #1: If you cannot consolidate your debt while achieving a lower rate of interest, there is no point in consolidating.
Read the full post
Debt, Debt Consolidation
Big banks better watch out— Kasasa offers rewards checking and savings accounts through local banks and credit unions, known for their personal customer service, and levels the playing field between community banking and big banks. Kasasa was created by sister companies BancVue and First ROI, which has previously established CheckingFinder, a similar program offering free, high-interest checking accounts for community banking. However, Kasasa is unique in its rewards-oriented product options.
“Do you Kasasa?” the company blog asks. You c
Read the full post
Big, Big Boys
Do you frequently hear about credit card debt consolidation? Well if you do you are not alone. Actually we all read and hear much about this bad credit repair program. This is because the financial crisis pushed many people to seek ways by which they can settle credit card debts immediately. Through consolidation, there is no need to worry about high interest rates and fees. Plus, you can achieve freedom from credit worries.
But what is credit card debt consolidation all about?
Read the full post
Card, Credit Card
Many people nowadays suffer from bad credit and debt because of poor spending and money management habits. A solution to the debt problem is to consider debt consolidation services to help erase the debt and to repair credit. When your credit problem first started, you may be fooled into thinking that it is just a bit of debt, and that you would be able to handle it. However, all too often, debt quickly piles up to the point that you see no way out of your credit mess, as late fees and interest rates quickly mount.
Read the full post
Consolidation Services, Debt Consolidation, Debt Consolidation Services, Services