BNET Business Dictionary
Business Definition for: Blocked Funds
- money that cannot be transferred from one place to another, usually because of exchange controls imposed by the government of the country in which the funds are held
Additional Resources
- Firms sour on tainted funds; React to scandals by changing options for employees; switch administrators.(Special Report: The New York Workplace)
- Byline: tom fredrickson After careful deliberation, Information Builders recently took action in response to the mutual fund trading scandals: It blocked its employees from investing in a tainted fund. The Manhattan-based software developer stop Byline: tom fredrickson After...
- Research articles 2004-06-07
- IRAQ: WHITE HOUSE BLOCKS FUNDS TO BOOST OPPOSITION.(Brief Article)
- "Washington Post" columnist Jim Hoagland, writing in the "International Herald Tribune" on 6 May, reported that the White House had blocked a bid by the U.S. State Department to funnel $5 million to the Middle East Institute, a Wa "Washington Post" columnist Jim Hoagland, writing in...
- Research articles 2002-05-13
- Arab aid to Palestinian Authority blocked: official
- RAMALLAH, West Bank AFP — Aid pledged by Arab countries to the cash-starved Palestinian Authority has been held up, a senior Palestinian official said, blaming foreign opponents of the Hamas government. The funds had reached the Arab League, but their transfer to the authority's bank account had been blocked,...
- Research articles 2006-04-22
- Qantas chair warns of share price slump if takeover bid blocked
- SYDNEY AFP — Australia's Qantas would be dangerously "destabilised" and its share price hit if an 8.8 billion US dollar private equity takeover bid was blocked, the airline's chairwoman warned Wednesday. Margaret Jackson told the Australian Financial Review in an interview that if the bid did not proceed, the...
- Research articles 2007-03-21
- 'Soldier on' vow if AMP split blocked.
- Aug 24, 2003 (The Australian - ABIX via COMTEX) Australian insurance company, AMP, could continue to operate as one entity, if its demerger proposal fails. CEO, Andew Mohl, revealed that the company could attempt to continue operations, if the demerger was blocked or if...
- Research articles 2003-08-24
- NLC seeks to restore supplemental funds for local homeland security.(National League of Cities)(Brief Article)
- A month after Congress passed its fiscal year 2002 supplemental spending bill beneficial to local homeland security expenses, the administration withheld $5.1 billion in funds in an effort to exercise fiscal constraint. The National League of Cities is lobbying Congress to replace those funds. ...
- Research articles 2002-09-16
- Senate bans federal funds for national testing
- On April 22, by a vote of 52 to 47, the Senate adopted an amendment by Sen. John Ashcroft (R.-Mo.) preventing the use of federal funds for national education testing unless Congress specifically authorizes otherwise. Last fall, Ashcroft blocked an effort by the Clinton Administration to mandate federal tests, by...
- Research articles 1998-05-08
- NKorea says work to transfer bank funds under way
- SEOUL AFP — North Korea said Tuesday that work is under way to settle a banking row which has blocked international efforts to prevent it making nuclear weapons, raising hopes of progress after months of delay. A foreign ministry spokesman promised to start shutting down atomic plants under UN...
- Research articles 2007-05-15
- US sees NKorea funds deal within weeks
- MANILA AFP — The United States' top negotiator with North Korea said Friday he was optimistic of a deal within a month over frozen funds that have blocked an agreement to end Pyongyang's nuclear weapons programme. US envoy Christopher Hill told reporters he had "exchanged notes" on the issue...
- Research articles 2007-05-24
- Use of airport revenues for TRAX blocked
- A bill to block an attempt by Salt Lake City leaders to use airport improvement revenues to fund a portion of a light-rail line to the airport was narrowly approved by a Senate committee on Friday. The city has to come up with $35 million to help pay...
- Research articles 2008-02-25
- Funds manager snaps bigger share of AGL.
- Oct 01, 2003 (The Age - ABIX via COMTEX) On 1 October 2003, Australian Gas Light AGL shares rose $A0.11 to $A10.73, on news Maple-Brown Abbott has raised its stake in AGL. The funds management group has acquired 5.7 million more AGL shares, bringing...
- Research articles 2003-10-01
- Ex-union boss leads fight to keep PacHydro Australian.(Industry Funds Management Proprietary Ltd.)(Pacific Hydro Ltd.)(Brief Article)
- Apr 19, 2005 (The Courier-Mail - ABIX via COMTEX) Industry Funds Management IFM has announced a takeover bid for Australian-listed renewable energy group Pacific Hydro. The offer of $A4.60 per share values Pacific Hydro at $A725m, and has received the support of Pacific Hydro...
- Research articles 2005-04-19
- Super bid for Hydro.(Industry Funds Management Proprietary Ltd.)(Pacific Hydro Ltd)(Brief Article)
- Apr 19, 2005 (Herald Sun - ABIX via COMTEX) Industry Funds Management IFM has announced a takeover bid for Australian-listed renewable energy group Pacific Hydro. The offer of $A4.60 per share values Pacific Hydro at $A725m, and has received the support of Pacific Hydro...
- Research articles 2005-04-19
- Fed freezes key rate at 1958 low, blocked by weak jobs growth
- WASHINGTON AFP ? US Federal Reserve policymakers froze short-term interest rates at a 1958 low, determined to spur economic activity and escape a three-year jobs rut. Federal Reserve chairman Alan Greenspan and his colleagues voted unanimously to maintain the federal funds rate, which banks charge each other overnight, at...
- Research articles 2004-03-16
- State may gain anti-terrorism funds
- For the first time since the Sept. 11, 2001, terrorist attacks, the Bush administration is proposing to spend most anti-terrorism grant dollars where terrorists are thought likeliest to attack -- in urban states. The move is widely expected to bolster domestic preparedness efforts in more populous states...
- Research articles 2005-02-16
- Feds plan bombing range on sacred site
- Bunty Anquoe Indian Country Today Lakota Times 08-17-1994 Feds plan bombing range on sacred site. By Bunty Anquoe Today Washington Bureau WASHINGTON -- The Senate Appropriations Committee last week blocked funds for a new Air Force bombing range...
- Research articles 1994-08-17
- Congress kills funds for new warheads
- In several recent moves, Congress has dealt blows to two cornerstones of the Bush administration's nuclear-weapons policy: a new nuclear arsenal and a multibillion dollar factory to build it. In effect, it blocked those projects until President Bush has left office. A key Senate defense committee Friday...
- Research articles 2007-05-26
- Congress kills bomb funds
- In several recent moves, Congress has dealt blows to two cornerstones of the Bush administration's nuclear-weapons policy: a new nuclear arsenal and a multibillion dollar factory to build it. In effect, it blocked those projects until President Bush has left office. A key Senate defense committee Friday...
- Research articles 2007-05-26
- Florida House Members Block Panel from Spending Federal Funds.
- By Joni James, The Miami Herald Knight Ridder/Tribune Business News Jan. 17--TALLAHASSEE, Fla.--Even as Florida struggles to find money to pay for critical state services, Republican leaders are bickering over whether to accept free money from the federal government for preventive healthcare...
- Research articles 2003-01-17
- Federal Appeals Court Withholds Transportation Funds from Atlanta Area.(Knight Ridder/Tribune Business News)
- Jul. 19--A federal appeals court Tuesday blocked metro Atlanta's efforts to regain use of federal road-building money, prohibiting action on the region's transportation plan. The 11th U.S. Circuit Court of Appeals in Atlanta granted a stay to environmental groups that filed suit against the...
- Research articles 2000-07-20
