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Romania slashes zeros off its currency (BusinessWeek)
JUL. 1 7:07 A.M. ET Romania cut four zeros off its local currency, the leu, on Friday as part of its efforts to prepare the economy for European Union accession in 2007.

Former Daewoo chairman indicted for fraud (BusinessWeek)
JUL. 1 6:25 A.M. ET The former chairman of collapsed South Korean conglomerate Daewoo Group was indicted Friday on billion in fraud charges after living nearly six years abroad on the run.

S.Korea launches asset management company (BusinessWeek)
JUL. 1 6:10 A.M. ET South Korea on Friday launched an asset management company it hopes will increase returns on government and central bank holdings, including a portion of the country's cache of foreign exchange reserves, the world's fourth largest.

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UK Homeowners Can Now Get Quick, Low Rate Online Loans With www.www-loan.co.uk
They are a trusted and well-established loans provider in the UK and deliver cost effective and user-friendly loan solutions to their customers. They are lenders of all types of loans from homeowner loans to debt consolidation and home improvement loans. [PRWEB Jul 2, 2005]

First Baby Boomers Reach IRS Retirement Age July 1, 2005; InFRE Announces July 1st as Retirement Readiness Day
First Baby Boomers turn 59&1/2 today, gain access to retirement accounts without IRS penalty. InFRE urges restraint, and establishes Retirement Readiness Day to highlight need for retirement education. [PRWEB Jul 1, 2005]

Briefing Paper by Private Property Advocates Examines the Impact of Landmark Kelo v. New London Decision on Urban America and the Suburban Fringes
D.C. firm’s new briefing paper concludes that Economic Development Takings will disenfranchise homeowners, small businesses and residential tenants in America’s homes, row houses, and office parks. [PRWEB Jun 30, 2005]

Beware of Annuity Malpractice by Amateur Salespeople, Financial Pro Says
Still maligned and misunderstood, annuities have changed markedly during the past decade. They are now an ideal financial tool under the right circumstances, says Paul J. Mauro CLU ChFc, CEO of Legacy Financial Advisors, in Milford, MA. "But amatuer salespeople still abound. Buy annuities only with expert, unbiased advise and never put all your money in a single annuity," warns Mauro. [PRWEB Jun 30, 2005]