Net Aid News

 
Sharp Price Hikes Cause Alarm
AllAfrica.com
This volatility - when prices move outside of historical minimum or maximum increases, as they did in April - is as important to watch as steadily rising levels, said Gary Eilerts, Programme Manager at FEWS NET. Aid agencies say the very poor, ...

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The company's profit rises 26 pct as price hikes aid. Full Article
Reuters India
ITC's net profit rose to 16.14 billion rupees in the fiscal fourth quarter ended March from 12.8 billion rupees a year earlier. "Consistently if you take price hikes, volumes are bound to suffer and the slight dip there is dampening sentiment," said ...

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USA TODAY
Spain's Bankia asks for 19 billion in government aid
FOX 4 News
Bankia also said it has revised its results for 2011, posting a loss of nearly €3 billion instead of the €309 million net profit announced in February. In a statement about the bailout request, the bank said its board had approved a recapitalization ...
Spain's Bankia asks for billions in aidRTHK
Spanish bank seeks record bailoutThe Australian

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United Grain Readies Third Shipment of Aid Wheat for Nicaragua
Bloomberg
United Grain Co., Russia's state- controlled cereals trader, prepared a third cargo of milling wheat that's being sent to Nicaragua as humanitarian aid. The ship Tuloma was loaded with 24470 metric tons of the grain today and is scheduled to arrive at ...

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African Union troops say seize key Somali town
WAMC
The capture of Afgoye by the AU force AMISOM and Somali government troops, who already control most of Mogadishu, also paves the way to securing a corridor to the capital that would allow easy access to humanitarian aid to residents.

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Fannie Mae earned $2.7B in Q1, doesn't' seek aid
Fox News
WASHINGTON – US mortgage giant Fannie Mae says it made money in the first three months of the year and is not seeking additional federal aid. It's the first time the company has reported a net income gain since it was taken over by the government ...

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Donations Aid Mayor on Taxes
Wall Street Journal
Forbes estimates his net worth at $22 billion; the mayor accepts $1 a year for his work at City Hall. Another likely boost to the mayor's tax rate is that it was computed as a percentage of his taxable income. Although billionaire Warren Buffett used ...

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