Wonder Auto Technology, Inc. (NasdaqGM: WATG), a leading manufacturer of automotive electrical and suspension parts in China, today announced that its wholly owned subsidiary, Jinzhou Halla Electrical Equipment Co., Ltd. ("Jinzhou Halla"), has been extended a credit line by the Bank of China, Jinzhou Tiebei branch, for a credit facility of approximately $10.67 million (80 million yuan).

Tighter credit for home mortgages will measurably dampen home sales in the short term and postpone an expected recovery for existing-home sales until 2008, according to the latest forecast by the National Association of Realtors®.

CA, Inc. (NYSE: CA) today announced it has entered into a $1 billion, five-year unsecured revolving credit facility that will expire August 2012. The new facility replaces an existing $1 billion four-year facility executed in 2004 that was due to expire in December 2008.

Countrywide Financial Corporation (NYSE: CFC) announced today (August 16) that it has supplemented its funding liquidity position by drawing on an $11.5 billion credit facility.

World Bank Supports Indonesia’s Teacher Improvement Program through New US$86 million Program

The Executive Board of the World Bank approved on July 5 a Poverty Reduction Support Credit* (PRSC-7) in the amount of US$90 million to Burkina Faso. The credit will have a significant positive impact on poverty reduction and accelerate economic growth.

ICC’s universally used rules on documentary credits, UCP 600, come into effect on 1 July 2007.

On 28 June the World Bank’s Board of Executive Directors approved an International Development Association (IDA) credit[1]of US$40 million to support Benin’s poverty reduction strategy.