Money talks in Bahrain. In fact it never really shuts up. The ruling family continues to splurge on a series of vanity projects despite a growing clamor of alarm from international analysis warning that the tiny island kingdom's finances are fast swirling down the toilet.
After an entire year without an operating budget, Illinois breathed a sigh of relief June 30 when Republican Gov. Bruce Rauner
The US government has provided sovereign loan guarantees to five different countries (Israel, Egypt, Tunisia, Jordan and
The Big Short - a chronicle of infectious shortsightedness; epidemic blindness, delusion, and deceit.
Both extraordinarily well-made and well-acted films have received Golden Globe nominations for best motion picture screenplay
The presidential hopeful says the industry has a major conflict of interest. He's not wrong.
When Moody's Investors Service downgraded Illinois' credit rating in October, Illinois earned not only the distinction of having the lowest credit score of any state (it had had that for some time) but also became the first state to receive a rating below single-A. But what does that mean and how can Illinois get out of last place?
Two ratings agencies this week downgraded Illinois' credit rating. What does this mean to you? Mainly it means that more of your tax dollars now will go toward paying interest on state borrowing.
As a candidate, Rauner clearly saw the state's tumbling credit rating -- it's now the worst in the nation -- as the exclusive
That's right, remember how we cashed out last week and how we had those disaster hedges in Friday morning's post? Turns
The fact is -- given a bit of clear thinking unencumbered by all of the noise -- none of the issues perpetuating our current national crisis are going to be solved by the screaming children in the room so why join them as it will only serve to hamper much needed solution.
There's a reason they're called salesmen. And consequently, converting the non-believers has always been an occupational job hazard for salesmen.
The indications we've been given -- although no one is willing to state definitively what the final rule is likely to include -- suggest that we shouldn't get our hopes up that our chief concerns will be comprehensively or even meaningfully addressed. We hope we are reading those indications wrong.
The Paul Ryans of America have lost the bet fair and square. The tax cuts experiment has had plenty of time to show results, but the only people whose economic situations have improved since the Bush tax cuts are the wealthiest 1 percent of society.
Now is the time for a new globalization, that can be either multipolar, based on fair development, stability and innovation or confrontational, based on privileges, speculation and inequities. This means making choices and changes in many sectors: let's begin with credit rating.
Nov 22 (Reuters) - More than 40 percent of U.S. public universities and nonprofit colleges face lower or anemic tuition revenue