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Park Ridge mayor's vetoes overridden
Before Park Ridge's new aldermen were sworn in and took their seats, the old city council ended on a familiar note: overriding Mayor David Schmidt's vetoes. With identical 6-1 votes, aldermen of the previous council on Monday overrode Schmidt's vetoes...
Tags: Economy, Business and Finance, Politics, Finance
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COLUMN - Is Europe losing faith in the EU?
ReutersBy Frederick Kempe May 7 (Reuters) - Happy Europe Day! If you don't know May 9 is Europe Day, then you find yourself in good company with a majority of Europeans. Even in the most buoyant time, this holiday - marking the Schumann Declaration,...Tags: State of the Union Address, Market and Exchange, Economy, Business and Finance, Germany, Angela Merkel
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White House says would veto debt prioritization bill
Reuters* White House calls House bill "political gamesmanship" * Debt limit issue comes to a head late July or later * Prioritization seen threatening U.S. credit rating By Mark Felsenthal WASHINGTON, May 7 (Reuters) - The White House said on Tuesday the...Tags: Republican Party, Economy, Business and Finance, Elections, Credit and Debt, Budgets and Budgeting
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U.S. April surplus up, year-to-date deficit down -CBO
ReutersWASHINGTON, May 7 (Reuters) - April's U.S. budget surplus was bigger than a year ago and the federal government ran a much smaller deficit in the first seven months of the current fiscal year than the previous year, the Congressional Budget Office said on...Tags: Freddie Mac, Personal Income, Economy, Business and Finance, Budgets and Budgeting, Fannie Mae
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Blue Jays rally from 7-0 deficit to win
ReutersThe Sports Xchange Blue Jays rally from 7-0 deficit to win ST. PETERSBURG, Fla. - J.P. Arencibia's mental scouting report on Tampa Bay Rays closer Fernando Rodney was "throws hard." So the Toronto Blue Jays catcher was anticipating a fastball with two...Tags: J.P. Arencibia, Ben Zobrist, Emilio Bonifacio, American League East, Edwin Encarnacion
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South Korea ratifies 5.3 trln won fiscal stimulus plan
ReutersSEOUL, May 7 (Reuters) - South Korean lawmakers ratified on Tuesday a supplementary government budget calling for 5.3 trillion Korean won ($4.84 billion) in fiscal stimulus, aiming to boost overall growth by creating jobs and supporting smaller...Tags: Budgets and Budgeting, Parliament, Politics, Park Geun-hye, Business
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Slovenia considers privatizations to avoid bailout
ReutersLJUBLJANA (Reuters) - Slovenia is looking to sell its largest telecoms operator and second largest bank, sources said, as it steps up efforts to shore up its finances and avoid an international bailout. The country is racing to convince investors it...Tags: Economic Indicator, Privatization, Credit Ratings, Government, Economy, Business and Finance
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Puerto Rico business, local governments line up against proposed budget
Reuters* Executives warn of higher consumer prices * Bigger operating costs seen dulling hiring * Mayors worry sales-tax revenues will shrivel May 6 (Reuters) - Puerto Rico business groups and some municipal governments are teaming up against a proposed $1...Tags: Government, Executive Branch, Budgets and Budgeting, Consumers, Business Enterprises
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Exclusive: Oman may issue USD bond for first time in 17 years: finance minister
ReutersMANAMA (Reuters) - Oman is considering whether to issue a U.S. dollar-denominated sovereign bond, its first international bond since 1997 and its second ever, to facilitate debt sales by its private sector, finance minister Darwish al-Balushi told...Tags: Energy Saving, Economic Indicator, Petroleum Industry, Economy, Business and Finance, Budgets and Budgeting
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Italy deputy econ minister calls for more time on deficit goal
ReutersMILAN (Reuters) - Italy should seek two more years to meet its deficit targets, new deputy economy minister Stefano Fassina said in a newspaper interview on Sunday, underscoring splits within the ruling coalition on the central issue of austerity versus...Tags: Economic Indicator, Milan (Italy), Government, Enrico Letta, Budgets and Budgeting
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EXCLUSIVE-Oman may issue USD bond for first time in 17 yrs -fin min
Reuters* High oil prices removed need to issue debt * But budget break-even oil price has been rising * Balushi says issue would create benchmark for corporates * Would be at least $500 mln, details not decided * Could prepare for deficit financing a few...Tags: Energy Saving, Economic Indicator, Petroleum Industry, Economy, Business and Finance, Budgets and Budgeting
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Andrew Serafini: Session proves decisions have consequences
In an effort to provide open and transparent government, the Washington County delegation to the Maryland General Assembly will be hosting a post-legislative public forum on Thursday, May 9, 2013. The forum will begin at 6:30 p.m. and will be held in Room...Tags: Mack Trucks, Inc., Maryland General Assembly, Government, Regional Authority, Medicaid
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