Hard hitting global and local news
Hard hitting global and local news
Please consider Moody’s warns of bankruptcy in Scranton as city faces $20 million budget gap . Moody’s warned investors that Scranton could be facing the threat of default or bankruptcy thanks to a $20 million budget gap for the fiscal year that begins Jan
Excerpt from: Black Friday Becomes Black Thursday; Thanksgiving Just Another Shopping Day; More Temporary Part-Time Jobs
From KVUE TV in Texas TO FIND VICTIMS AND SHELTERS: Google launched a crisis and relief map including evacuation shelters, crisis areas and relief drop zones. Go here for the map. Google also launched a person finder
SEJ reports Google and 6 Other Same-Day Delivery Services . If you live in the Bay Area, you might be relaxing at home in your pajamas ordering all sorts of goodies and waiting until Google drops it off within the same day. If you haven’t heard, the tech giant is making life all that more instantly gratifying by expanding its same-day delivery service.
Some employees of Sodexo , the "World’s largest quality of life services company" have been hit with a massive case of "Obamashock!" because of the way Obamacare identifies part-time employment.
For example, ECB Executive Board member Benoit Coeure says "ECB Can Cut Rates Further, Offer Liquidity" . The European Central Bank can trim interest rates further and provide the banking system with liquidity, ECB Executive Board member Benoit Coeure said on Saturday after last week’s rate cut to a record low.
CBS Evening News reports S.F. programmers build alternative to HealthCare.Gov Website On Friday, President Obama had this to say about problems with the Obamcare website during a speech in New Orleans: "I promise you, nobody’s been more frustrated
Tweet Our water district goes to Washington DC twice annually to either look for help or avoid regulatory problems with our environmental restoration, flood control, and water supply projects, and my turn was this last week. The team had 21 meetings in 2.5 business days, occasionally splitting up.
Marc Faber believes China could spark a bigger crisis than in 2008 . An alarming credit boom in China could trigger a global financial crisis that would make the one in 2008 look mild by comparison, says old gloomy eyes, Marc Faber.“If I am telling you that we had a credit crisis in 2008 because we had too much credit in the economy, then there is that much more credit as a percentage of the economy now,†the author of The Gloom, Boom & Doom Report told CNBC late Thursday. “So we are in a worse position than we were back then.†China, in particular, has seen credit as a percentage of the economy jump 50% in the last four and a half years, said Faber, the “fastest credit growth you can image in the whole of Asia.†Meanwhile, Deutsche Bank strategist John-Paul Smith told clients on Wednesday that China’s growth model continues to be based on “ever-expanding debt, which leaves the country and financial markets very vulnerable to any potential loss of from investors and lenders.†It Can’t Be Done I have been preaching a similar message as Faber for years, most recently on November 6, in It Can’t Be Done