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PNP chief: All ‘euro generals’ returned cash advances for Moscow trip (GMA News)

MANILA, Philippines - Philippine National Police (PNP) chief Director General Jesus Verzosa on Wednesday said all the police officers who attended the Interpol conference in Moscow have returned to the PNP the respective cash advances they made for the trip.

Auditor cites possible misappropriation of Madison school funds (The News-Star)

The Madison Parish School Board may be in violation of state law because public funds were used to pay for purchases and cash advances on the personal credit cards of a former high school principal.

Business owner claims NASA consultant was identity thief (Miami Herald)

When David Welch began receiving phone calls and e-mails to his home and business from all sorts of companies about applications for loans, cash advances and credit cards, he got worried: The owner of a legal staffing business in Fort Lauderdale had never requested any of them.

House panel starts own "euro generals" probe (GMA News)

MANILA, Philippines - The House of Representatives Public Order and Safety Committee on Wednesday started its own inquiry into the so-called “euro generals” controversy involving the unauthorized “cash advances” of the Philippine National Police (PNP) delegation to an Interpol Assembly in Russia last month.

Credit card spending up, RBA figures show (The West Australian)

The total value of credit and charge card transactions, including advances, rose in September, figures from the Reserve Bank of Australia show. Australians spent $19.191 billion on their credit and c

Business (The West Australian)

The total value of credit and charge card transactions, including advances, rose in September, figures from the Reserve Bank of Australia show. Australians spent $19.191 billion on their credit and charge cards in September, compared with $17.802 billion in August, a rise of 7.8 per cent.

Nitin Desai: The market for credit (Business Standard India)

Efficient markets require a clear link between the primary risk and subsequent layers of borrowing and lending. The market for credit is not like the market for potatoes. When I buy potatoes, I choose a vendor, select the spuds, pay the cash and that is the end of it.

Canton facility looks toward the sky for energy needs (Asheville Citizen-Times)

A new type of farm is expected to begin harvesting goods in Haywood County next year, and the cash crop to be grown there gives a whole new meaning to the phrase fields of green.

NITIN DESAI (Business Standard India)

The market for credit is not like the market for potatoes. When I buy potatoes, I choose a vendor, select the spuds, pay the cash and that is the end of it. I do not need to know much about the vendor; nor does he need to know much about me.

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