Dozens of home builders' ratings at risk: S&P (Reuters via Yahoo! News)
The HIPC programme has been subject to conditionalities similar to those often attached to IMF and World Bank loans, requiring structural adjustment reforms, sometimes including the privatisation of public utilities, including water and electricity. To qualify for irrevocable debt relief, countries must also maintain macroeconomic stability and implement a Poverty Reduction Strategy satisfactorily for at least one year. Under the goal of reducing inflation, some countries have been pressured to reduce spending in the health and education sectors.
Dozens of home builders' ratings at risk: S&P (Reuters via Yahoo! News)
More than half of the 26 home builders rated by Standard & Poor's are vulnerable to downgrades, and the outlook could worsen if current credit market turmoil is long-lasting, the rating agency said.
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Eliminate Credit Card Debt (Benton Evening News)
(ARA) - You've heard the old adage, pay down your credit card debt each month to avoid the nasty interest rate charges and fees that result from revolving balances.
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Relief activities increase (Jamaica Gleaner)
The onslaught of Hurricane Dean has prompted Government to seriously consider relocating residents who live in low-lying and flood-prone areas. At the same time, several relief agencies stepped up their activities on the weekend.
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Ranchers wrestle with crop insurance changes (Bakercityherald.com)
Changes in the federal Crop Disaster insurance program have Eastern Oregon ranchers and insurers confused and skeptical as they endure the region's worst drought in more than 80 years.
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Rushford banking on rebuilding (Winona Daily News)
RUSHFORD, Minn. — When Rushford State Bank owner Ted Robertson looked down the rubble-filled streets of Rushford on Monday, he saw progress.
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Boycott for Kyrgyz Debt Fund (Institute for War and Peace Reporting)
Attempt to encourage public-spirited citizens to contribute funds to repay the national debt meets with a cool response.-Attempt to encourage public-spirited citizens to contribute funds to repay the national debt meets with a cool response.
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Total cost of conflict in Iraq hits £6.6bn (Financial Times)
The conflict in Iraq and efforts to rebuild the country have cost British taxpayers about £6.6bn, almost a third more than the funds Gordon Brown set aside to fight the war when he was chancellor.
Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.
Boycott for Kyrgyz Debt Fund (Institute for War and Peace Reporting)
Attempt to encourage public-spirited citizens to contribute funds to repay the national debt meets with a cool response.
Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.
Despite questions, redevelopment holds promise for Lodi (Lodi News-Sentinel)
The Lodi City Council voted 4-0 on July 19 to allocate approximately $250,000 to study the feasibility of activating a Redevelopment Agency. This being the first step on a long path to revitalize areas of Lodi deemed to be underdeveloped or neglected.
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Schwarzenegger signs overdue state spending plan (Madera Tribune)
SACRAMENTO - Gov. Arnold Schwarzenegger on Friday signed California's overdue spending plan after using his veto power to trim $703 million and temporarily eliminate the state's operating deficit, with most of his cuts coming from health and social service programs.
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Dozens of home builders' ratings at risk: S&P (Reuters via Yahoo! News)
“That is virtually impossible under any circumstances,” says Travis Plunkett, Legislative Director of the Consumer Federation of America. That’s why CFA warns consumers not to use debt settlement programs. “They are promising something they can’t deliver,” Plunkett says.
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