Rate increases averaging from 11.9 percent to 35.5 percent are on tap in 2018 for many Louisianians who buy health insurance through the federal marketplace as Republicans look to dismantle Obamacare.
Fort Worth is not alone in dealing with pension issues. State and local public pensions nationwide are underfunded by $5.6 trillion dollars, according to a 2016 report by the American Legislative Exchange Council.
Even compared to its neighbors, Venezuela’s cash pile is worrisome. Brazil just ended its longest recession on record. It has $362 billion in the bank.
Argentina also just exited a recession, and it has $48 billion, according to IMF and central bank data.
Some of the problems playing out now in the $108 billion private student loan market are reminiscent of those that arose from the subprime mortgage crisis a decade ago, when billions of dollars in subprime mortgage loans were ruled uncollectible by courts because of missing or fake documentation.
Japan’s government said on Tuesday that even under its most optimistic forecasts it still expects to miss its goal of returning to a primary budget surplus in fiscal 2020 as tax revenue grows slightly less than expected.
Its ETF buying, now targeted at around 6 trillion yen ($53 billion) annually, is the subject of continued questioning. The concern inside the BOJ coincides with its growing presence in the market. The BOJ owned about 71 percent of all shares in Japan-listed ETFs at the end of June, according to a Bloomberg analysis of data from the central bank and Japan’s Investment Trusts Association.
Asset forfeiture is a disputed practice that allows law enforcement officials to permanently take money and goods from individuals suspected of crime. There is little disagreement among lawmakers, authorities and criminal justice reformers that “no criminal should be allowed to keep the proceeds of their crime.” But in many cases, neither a criminal conviction nor even a criminal charge is necessary — under forfeiture laws in most states and at the federal level, mere suspicion of wrongdoing is enough to allow police to seize items permanently.
Ecuador Abandons The OPEC Deal: Who’s Next? (Michael K.)
However, it isn’t Ecuador’s production levels that should be concerning. It is the psychological and political impact that a withdrawal from the deal could have on the commitments from other members. Oil analysts have long argued that compliance with the cuts will weaken over time, as has historically been the case. We now have the first OPEC member that has succumbed to persistently low oil prices, deciding that the collective output reductions are not worth the trouble. How long before other members come to the same conclusion?
“The Trump administration can attempt to erase decades of work from scientists and federal employees on the reality of climate change, but burying your head in the sand doesn’t erase the problem,” Mayor Rahm Emanuel said in a statement Sunday.
Emanuel urged other U.S. mayors to do the same thing.
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