Municipal bonds add fuel to the fire.
It is well-known that the Federal government is amassing large amounts of debt, but state and local governments are piling it up as well. State and local debt soared from 1.19 trillion dollars in 2000 to 1.85 trillion dollars in 2005. About 39% of the total is state, while...

Davao Region infra projects get int'l financing support.
DAVAO CITY -- The government and private sector of the Davao Region will begin working on a program to be backed by an international financing body which will source the appropriate amount to fund important infrastructure projects in the region to sustain its economic development. Meanwhile, a...

Wall Street warning; Wasteful health-insurance policy is unsustainable.
COLUMN: IN OUR OPINION The City Hall rally to promote Gov. Deval L. Patrick's Municipal Partnership Act got top billing on page one yesterday, but ominous warnings from Wall Street reported in a story that ran below the fold could have as great an impact on the...

Banking on stem cells; Biotechnology's potential includes economic benefits for area.
Byline: Lisa Eckelbecker WORCESTER - Some of the biggest hopes for economic development in Massachusetts lie in some very small cells. Yet as Gov. Deval L. Patrick pushes for a 10-year, $1 billion investment in life science research and development, including money for a stem...

OFW investments.
Byline: Fr. Emeterio Barcelon, SJ FOR the country, OFW remittances are equivalent to positive export trade balance. The multiplier effect of this is as great as if we had exported goods. Some of our neighbors boosted their economies by focusing on exports. The remittances are just as...

More LGU bonds set as demand picks up.
Byline: LEE C. CHIPONGIAN The government will float more Local Government Unit or LGU bonds to increase funding for public projects and to encourage development of the LGU debt market. LGUs' demand for funds is growing and the Department of Finance wants to tap this...

$91 million inverse condemnation award thrown out; court says SD's airport proposal, traffic didn't damage property rights.
One of the largest takings awards in California history has been thrown out by a state appellate court, which ruled that preliminary airport planning and traffic circulation changes by the City of San Diego did not amount to a taking of a developer's property. In 2001, a...

The development of non-bank financial institutions in Ukraine; policy reform strategy and action plan.
9780821366783 The development of non-bank financial institutions in Ukraine; policy reform strategy and action plan. Ed. by Michel Noel et al. The World Bank 2006 104 pages $35.00 Paperback World Bank working paper;...

LGU bonds pushed for listing in BAP's fixed-income bourse.
The LGU Guarantee Corporation (LGUGC) is pushing for the eligibility of LGU (local government unit) bonds for listing in the fixed income exchange market to be put up by the Bankers Association of the Philippines (BAP). This will set in motion the secondary market for investment grade...

Are investors listening when politicians speak? Assessing the securities fraud liability of political officials who manage large civic works projects.
I. INTRODUCTION Over the last twenty years, the municipal securities (1) market has evolved from being largely unknown and unregulated to being amongst the foremost regulatory priorities of the Securities and Exchange Commission ("SEC"). (2) Municipal bond investors today stand in contrast to the rather limited group...