Philadelphia’s $2B affordable housing plan relies heavily on municipal bonds, which can come with hidden costs for taxpayers
The Parker administration says it will issue $800 million in bonds over the next four years to fund affordable housing.
National/regional news and analysis
Why investing in climate-vulnerable countries makes good business sense
A new flood barrier is being built to prevent climate-induced Flooding in Chittagong in Bangladesh. amdadphoto/Shutterstock.comAt a coastal port in Chittagong, Bangladesh, something remarkable is underway.
Government vows to recover embezzled subsidies in bid to stem damage from scandal
As damaging revelations continue to emerge from the European prosecutor’s investigation into organised farming subsidy fraud, the New Democracy government has pledged to win back the public’s trust by clawing back the swindled funds and reforming the payments system.
Unemployment at 7.9 pct in May, lowest since Nov 2008
Greece’s seasonally adjusted (SA) unemployment rate edged down to 7.9 percent in May, from 8.3 percent in the previous month, Hellenic Statistical Authority (ELSTAT) data showed on Wednesday.
Trump’s Big Policy Bill Puts U.S. on Perilous Fiscal Path
Among the most expensive pieces of legislation in years, the Republican bill could reshape the country’s finances for a generation.
Why Asos should be wary of banning customers returning unwanted goods
'Now where's that returns label?' Cast of Thousands.ShutterstockShopping for clothes online is a risky business. How do you know if that top will be a good fit, or those shoes will definitely be the right colour? One popular solution to this predicament is to order lots of tops and lots of shoes, try them on at home, and send back all the ones you don’t want – often at no cost.
Mitsotakis tries to stem subsidy scandal damage as opposition smells blood
Prime Minister Kyriakos Mitsotakis is trying to get ahead of the evolving OPEKEPE scandal by promising tough action and insisting that the involvement of government officials in the affair is limited, and will not require any further resignations beyond the four cabinet members who left their posts last week.
As Debt Piles Up, Countries See Fiscal Relief as Political Leverage
With developing nations crushed by unaffordable borrowing and Washington on the sidelines, some leaders are brokering debt forgiveness deals.
PMI remains in expansion at 53.1 in June, though firms see export and cost challenges
Greece’s Manufacturing PMI was again virtually unchanged in June at 53.1 points, from 53.2 in the previous month, according to S&P Global data released on Tuesday.
Lending to corporations drives credit growth of 11.3 pct YoY in May
The credit expansion in the Greek private sector remained strong in May, rising by 11.3 percent year-on-year (YoY), from 10.9 percent in the previous month, Bank of Greece (BoG) figures released on Monday showed.
Pages
