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Non-Manufacturing Services ISM Fails to Meet Expectations

MishTalk

Get Involved The State of the Unions Finances: A Citizens Guide. Non-Manufacturing Services ISM Fails to Meet Expectations; New Orders Plunge. Non-Manufacturing Services ISM Fails to Meet Expectations; New Orders Plunge. Strategist News : Best Business Blogs 2011. -->. 2011-12-20: Capital Account. Urban Digs.

Meeting 60
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Greece Empties IMF Reserve Account to Pay IMF; Liquidity "Terribly Urgent" Says Finance Minister

MishTalk

Greece emptied an IMF holding account to repay 750 million euros ($840 million) due to the fund, a Greek central bank official said, avoiding default but underscoring the dire state of the country's finances. The last time Greece made a significant withdrawal from its SDR holdings was in November 2011.

Finance 28
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Greek default in all but name - Tom Spencer consulting blog

Tom Spencer

by Tom Spencer on November 27, 2011 · 0 comments  ·  Image Source. IN OCTOBER 2011, private banks accepted a 50% writedown on Greek debt. Definitions. Helpful Links. Greek default in all but name. in Economics. Whatever you say it is, it isn’t ~ Alfred Korzybski.

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Scranton Needs 117% Property Tax Hike to Balance Budget

MishTalk

Get Involved The State of the Unions Finances: A Citizens Guide. Scranton taxpayers could face a 117 percent increase in taxes next year as the citys finances continue to spiral out of control. Strategist News : Best Business Blogs 2011. -->. 2011-12-20: Capital Account. 2011-12-29: Max Keiser. Mish Audio Video.

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Mish's Global Economic Trend Analysis: Avalanche of City Debt.

MishTalk

Get Involved The State of the Unions Finances: A Citizens Guide. According to Moodys Chicago has $19 billion in unfunded pension liability and faces a "tremendous strain" in meeting their budget and paying law enforcement. Strategist News : Best Business Blogs 2011. -->. 2011-12-20: Capital Account. Zombified Cities.

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Expect to Be Paid in Spain? This Year? By the Government? Then Take a Haircut!

MishTalk

billion has been allocated to settle unpaid debts to suppliers for outstanding bills prior to December 31, 2011. billion in the current year to meet those debts. The last phase corresponds to unpaid accrued invoices between January 1, 2012 and May 31, 2013. Early estimates suggest that the total could exceed €14.0

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Mish's Global Economic Trend Analysis: Italy Faces Huge Losses on.

MishTalk

Get Involved The State of the Unions Finances: A Citizens Guide. The senior government official who spoke to the Financial Times and the experts consulted said the restructured contracts in the 2012 Treasury report included derivatives taken out when Italy was trying to meet tough financial criteria for the 1999 entry into the euro.