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    national debt clock news

    PG revealed pitfalls to core reviews: speaker

    18.04.14

    The Prince George core services review unearthed a few home truths about the process for a national taxpayer organization.

    "We learned that local firms are probably better equipped to do the core review. I think Prince George's scope was too big in the core review so only the most giant of firms could possibly ever bid on it," said Jordan Bateman, B.C. director of the Canadian Taxpayers Federation. "And then you get people disconnected with the community who don't really understand what's going on."


    Source: Prince George Citizen

    Economy grew at 7.2% in Sri Lanka

    18.04.14

    Sri Lanka’s economy grew at a rate of 7.2 per cent over the past financial year, making the island one of Asia’s fastest-growing markets after China, states the Financial Times of London in an article.

    The successful issuance of a sovereign bond suggests that no extraneous factors deterred investors against a backdrop of heightened appetite for the emerging market and frontier debt, according to Murtaza Jafferjee, the head of brokerage JB Securities in Colombo.


    Source: Lankaweb

    Petrobras: The Burden of State Intervention

    18.04.14 Despite profits up 11 percent last year, Brazilian state oil company Petrobras reported in February that its fourth quarter net profit was down 19 percent year-on-year, adding that it will cut its investment plan through 2018 by 7 percent. More bad news came last month when lawmakers decided to install
    Source: Latinvex (subscription)

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    Debt-Scold Dynasty
    Debt-Scold Dynasty

    Budget, debt ceiling glossary: A cheat sheet for understanding the debates


    Congressman wants ticking debt clock installed on House floor


    POV: Voters should put more focus on country's deficits and debt


    A national debt clock on the House floor?