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China approves $840B plan to refinance local government debt, boost slowing economy
China has announced a 6 trillion yuan ($839 billion) plan to help local governments refinance their mountains of debt in the latest push to rev up growth in the world's second largest economyWorld - ABC News - 6 hours ago -
Local government has become a chokehold for Chinese business
Beijing is promising change, but it comes at an unsettling priceWorld - Financial Times - October 28 -
Americans trust local government over Congress, media: Gallup
Americans trust local government more in comparison to Congress and the media, according to a new poll. The Gallup survey, released Monday, shows 67 percent of respondents said they had a "great ...Politics - The Hill - October 15 -
Study finds local governments are less polarized despite national political divisions
Local governments are uniquely able to combat growing national polarization, according to a new study out Wednesday from the nonprofit research organization CivicPulse and Carnegie Corporation of ...Politics - NBC News - October 23 -
China Reveals $1.4 Trillion Plan to Bail Out Local Governments
The support package came after smaller measures were announced to jump-start growth. Economists said it was not big enough to address China’s sluggish economy.Business - The New York Times - 7 hours ago -
China Moves to Ease Debt Concerns---but Again Holds Off on Stimulus Measures
Investors’ hopes for large-scale support for the economy were dashed after an anticipatory stock-market surge in recent weeks.World - The Wall Street Journal - 6 hours ago -
China unveils 10tn yuan support for debt-stricken local government
Cash stops short of hoped-for ‘bazooka option’, with critics calling it ‘an accounting exercise’ that will not bolster growth. China has announced 10tn yuan in debt support for local governments ...World - The Guardian - 2 hours ago -
Kashmir gets a largely powerless government 5 years after India stripped its special status
Leaders of Kashmir’s biggest political party have been sworn into office to run a largely powerless local government for the first time after India stripped the region of its special status five ...World - ABC News - October 16 -
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China announces $1.4 trillion package over five years to tackle local governments' 'hidden' debt
Authorities in Beijing have ramped up stimulus announcements since late September in an effort to bolster its flagging economy.Business - CNBC - 5 hours ago -
A Local’s Guide to Cornwall, England
Locals recommend the area’s best pies, wild gardens and coastal footpaths.Top stories - The New York Times - October 28 -
TotalEnergies forecasts 66% drop in its third-quarter oil-refining margins
The French oil company’s warnings comes on the back of a slump in the global market for products including jet fuel, diesel and gasoline that saw BP and Shell post similar warnings last week.Business - MarketWatch - October 15 -
TotalEnergies Expects Continued Refining Weakness, Lower Hydrocarbon Production
The French oil and petroleum company said it expected to report hydrocarbon output of 2.4 million barrels of oil-equivalent a day for the third quarter, while results in its downstream division are ...Business - The Wall Street Journal - October 15 -
Oil tumbles after Israel refrains from attacking Iran’s refining facilities
Brent crude drops more than 6% as Tehran gives measured response to strikesWorld - Financial Times - October 28 -
OMV Misses Views as Weak Refining, Oil Trading Hit Results
The energy company’s third-quarter profit tumbled and missed expectations on lower refining margins and sales volumes from its oil-and-gas unit.Business - The Wall Street Journal - October 29 -
How to get equity out of your home with refinance rates high again
Mortgage refinance rates are high again. Here are two other effective ways to access your home equity right now.Top stories - CBS News - Yesterday -
It’s localization, not globalization, for the health of the US economy
The U.S. is undergoing a transformative shift away from globalization and toward localization, with initiatives such as the Inflation Reduction Act and the CHIPS and Science Act prioritizing ...Politics - The Hill - October 17 -
The Powerful Companies Driving Local Drugstores Out of Business
The biggest pharmacy benefit managers are profiting by systematically underpaying independent drugstores, creating “pharmacy deserts” across the country.Business - The New York Times - October 19 -
The Canary Islands: why locals are protesting against tourists
Thousands of residents took to the streets this weekend to campaign against overtourism. And they aren’t the only ones bemoaning an influx of holidaymakers. Name: Canary Islands.. Age: ...World - The Guardian - October 21 -
JRPG developer Falcom contemplating AI for localization efficiency
Non-English game developers may soon be looking toward AI as a means to shorten localization times. In an interview with 4Gamer (translated by Siliconera) at Tokyo Game Show, Nihon Falcom president ...Tech - VentureBeat - October 23 -
Wrexham's Hollywood owners buy local brewery
Ryan Reynolds and Rob McElhenney have bought another piece of Wrexham -- its brewery.Sports - ESPN - October 31 -
Ranger scores as Kettering upset local rivals Northampton
Watch highlights as Kettering Town secure a famous upset against local rivals Northampton Town, winning 2-1 in the first round of the FA Cup at Sixfields Stadium.Top stories - BBC News - 5 days ago -
El Salvador gets $1bn US-backed loan from JPMorgan to refinance debt
Deal linked to promise of river conservation is latest example of increasingly popular ‘debt for nature swaps’World - Financial Times - October 17 -
Shell shares rise as oil major brushes off impacts of global refining slump
The British oil major beat forecasts in posting a 4% drop in its third-quarter profits to $6 billion in the face of a global slump in the market for refined products including diesel, jet fuel and ...Business - MarketWatch - October 31 -
New football regulator to be given power to tackle controversial 'parachute payments'
"Strengthened" legislation to establish an independent football regulator for the elite men's game in England is set to be introduced to parliament by the government.Top stories - BBC News - October 23 -
The Power of Government Policies
The U.S. has the capacity to address its biggest problems. Whether it does is a different matter.Top stories - The New York Times - October 17 -
Germany's Fractious Government Collapses
German Chancellor Olaf Scholz dismissed a pro-business party from his governing coalition, ending a three-year alliance marked by increasing internal dissent and political stasis.World - The Wall Street Journal - Yesterday -
I’m a 26-year-old property investor. Is now a good time to refinance — or should I flip houses before buying more?
“I’ve been investing in real estate since I was 20.”Business - MarketWatch - 6 days ago -
ServiceNow, Coreweave and others to invest $8.2 billion in UK data centers to fuel AI growth
American enterprise software giant ServiceNow and cloud computing startup CoreWeave plan to invest billions of dollars in their U.K. operations.Business - CNBC - October 14 -
Overtourism: It's not the tourists — it's local 'lack of management,' says sustainability expert
Overtourism can be alleviated by better awareness and management at the local level, said Randy Durband, CEO of the Global Sustainable Tourism Council.Business - CNBC - October 15 -
Local Officials Cannot Refuse to Certify Election Results, Georgia Judge Rules
The ruling cuts at the heart of a key argument made by right-wing activists since the 2020 election, when Donald Trump sought to disrupt the certification process as part of his bid to subvert the ...Top stories - The New York Times - October 15 -
Local election officials in Georgia must certify results, judge rules
County election boards in Georgia are not allowed to refuse to certify election results, a state judge ruled on Tuesday.Top stories - NBC News - October 15 -
Local M.L.B. Broadcasters Call 162 Games. Then the Playoffs Start Without Them.
Instead of joining the Mets’ postseason run, Gary Cohen’s season in the radio booth came to a close two weeks ago.Sports - The New York Times - October 15 -
Secret Service calls for new local units in push to prevent mass shootings
Secret Service officials encouraged law enforcement agencies across the nation to adopt behavioral assessment units in an effort to curb targeted violence in a Wednesday report issued by the ...Politics - The Hill - October 16 -
Why Texas Democrats see this local race as key to turning state blue
Democratic Party activists have been on a mission to flip all of the state’s urban counties — once Republican bulwarks — as they look to chip away at the GOP’s decades-long hold on the state. ...Politics - The Hill - October 16