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Avon Residents Vote In Budget Referendum On Wednesday
Residents vote today on an $81.76 million budget that town officials have proposed for the upcoming fiscal year. Voting is at the Avon Senior Center, at 635 West Avon Road, and the deadline to do so is 8 p.m. The budget represents a $3 million...
Tags: Loans, Elections, Local Government, Politics, Credit and Debt
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Dave Bing won't seek re-election as Detroit mayor
Detroit Free PressDETROIT _ Detroit Mayor Dave Bing said Monday that he will not run again for the seat he has held since 2009, his tenure defined by the state's historic appointment of an emergency manager to run the city as it careened toward a municipal bankruptcy,...Tags: Human Interest, Local Elections, Government, Organized Crime, Local Government
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Smyth County budget hearing set for Tuesday evening
Smyth County News & Messenger, Marion, Va.Tuesday evening, the county will hear from citizens on its proposed $ 93.7 million 2013-14 budget, which is up more than $8.9 million from the current document. However, much of that increase can be attributed to the $6.6 million expected to be spent on...Tags: Museums, Arts and Culture, Economy, Business and Finance, Lobbying, Credit and Debt
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B2-trillion spending to start next year
The Bangkok PostThe Finance Ministry's Public Debt Management Office (PDMO) estimates that the government will start borrowing the first lot under the seven-year, 2 trillion baht scheme to fund infrastructure development projects next fiscal year, which starts Oct 1 this...Tags: Gross Domestic Product, Economic Indicator, Bangkok (Thailand), Thailand, Economy, Business and Finance
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BAAC wary of fund shortfall
The Bangkok PostThe Bank for Agriculture and Agricultural Cooperatives (BAAC) may ask the government to expand the 500-billion-baht revolving fund for financing pledging schemes if the amount proves insufficient, says president Luck Wajananawat. Of the half a...Tags: Bangkok (Thailand), Thailand, Economy, Business and Finance, Credit and Debt, Finance
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Gulf GDP expected to grow 3.7% in 2013
Arab News, Jeddah, Saudi ArabiaThe GDP growth in GCC countries is expected to be at 5.5 percent in 2012 benefiting from high oil revenues, led by higher oil production in Saudi Arabia and Kuwait to compensate for the low supply from Iran. GCC economies are anticipated to expand by 3....Tags: Services and Shopping, Credit and Debt, Commodity Markets, Energy Saving, Economic Indicator
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Local governments get windfall from Alabama Trust Fund
The Montgomery AdvertiserA recalculation of payments from the Alabama Trust Fund has left local governments with extra money to spend. The trust is fueled by royalties paid on sales of offshore oil and natural gas from state lands. A portion of those payments each year goes...Tags: Loans, Local Government, Economy, Business and Finance, Finance, Marketing
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MENA's GDP growth to moderate at 3.1% in 2013
Arab News, Jeddah, Saudi ArabiaMENA's (Middle East and North Africa's) real GDP is expected to expand by 4.8 percent in 2012 influenced by the growth in oil exporting countries. The real GDP of oil exporting countries is anticipated to expand by 5.7 percent in 2012 compared to 3.9...Tags: International Travel, Exports, Credit and Debt, Unrest, Conflicts and War, Iraq
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Kingdom can gain more from strong sovereign wealth fund
Arab News, Jeddah, Saudi ArabiaThe Kingdom can reduce its dependence on oil revenues by creating a strong sovereign wealth fund (SWF), according to some experts. Although economic conditions in Saudi Arabia like money supply, foreign exchange reserves, external debt and domestic...Tags: Money and Monetary Policy, Gross Domestic Product, Central Bank, Saudi Arabia, Petroleum Industry
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Dubai Group sees $10b debt restructuring within weeks
Khaleej TimesThe Dubai Group expects $10 billion restructuring of its debt within weeks and after that it will become an independent company, the group said in a statement on Thursday. Terms of the proposed deal have been sent to bank creditors for their final...Tags: United Arab Emirates, Dubai (United Arab Emirates), Loans, Credit and Debt, Corporate Officers
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Council adopts LP&L rate hike set for June 1
Lubbock Avalanche-Journal, TexasLubbock's City Council opted for sooner rather than later in implementing a 9.7 percent Lubbock Power & Light electric rate set to begin June 1. The increase is projected to increase average residential bills upward of $7 per month annually and is the...Tags: Public Finance, Local Government, Credit Ratings, Finance, Credit and Debt
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LePage's budget changes use bond delay, one-time revenue gain to fill $60 million gap
Bangor Daily News, MaineGov. Paul LePage proposes to close a new $60 million budget hole in part by continuing to hold off on issuing voter-approved bonds and digging into $16 million his budget had previously left for lawmakers to allocate as they saw fit. LePage's finance...Tags: Paul LePage, Justice System, Government, Crime, Law and Justice, Credit and Debt
May 15, 2013
|Story| Hartford Courant
May 14, 2013
|Story| McClatchy-Tribune
May 14, 2013
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May 14, 2013
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May 12, 2013
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May 12, 2013
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May 12, 2013
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May 11, 2013
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May 11, 2013
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May 10, 2013
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May 10, 2013
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May 9, 2013
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