IRS goes after eBay sellers

Monday, March 28, 2005 San Jose, California — As the April 15 deadline for U.S. private citizens to file their 2004 income tax returns draws near, the government is reminding sellers on eBay that they may have to report any proceeds from sales on the auction site as taxable income. This could be a surprise…

Icelandic Internet bank suspends UK accounts

Tuesday, October 7, 2008 Icesave company logo The Icelandic internet bank, Icesave, has suspended all 300,000 of its UK customer accounts, leaving account holders in the United Kingdom unable to withdraw or deposit any funds. A message on its website posted this morning states: “We are not currently processing any deposits or any withdrawal requests…

New Ghanaian currency introduced

Tuesday, July 3, 2007 New currency notes are being introduced in Ghana today. The new currency, to be called the Ghanaian cedi, replaces the previous cedi which has been in circulation since 17 February, 1967. The Ghanaian cedi will be exchanged at 10,000 old cedis to one new Ghanaian cedi. The exchange rate against the…