If opposition parties vote down the coming Ontario budget, it would plunge the province into an “unnecessary” election that the Liberals are ready to fight, Premier Kathleen Wynne said Wednesday. The Ontario government is due to table its budget in eight days with the minority Liberals needing support from some opposition members in order for [...]
Monday April 22, 2013, 3:15pm PDT Reuters reported that the Syrian opposition will be unable to sell crude oil for at least a month because it lacks real executive power even as the European Union governments have eased sanctions on Syria to help them. As quoted in the market news: Without an interim government, nothing [...]
Environmental monitoring data from Alberta’s oilsands region is now accessible online at a web portal launched Monday by the federal and Alberta governments. “Today, as the world celebrates Earth Day and showcases commitments to protecting the environment, Canada is contributing and doing our part, by delivering on our collective promise to ensure that scientific data [...]
FitchRatings has downgraded the U.K.’s foreign and local currency issuer default rating to AA+ from AAA on Friday, saying it reflects the country’s weaker economic and fiscal outlook. “Higher than previously projected budget deficits and debt primarily reflects the weak growth performance of the U.K. economy in recent years, partly due to headwinds of private [...]
The recovery of overexploited fish populations such as cod has been slower than expected and many depleted stocks may never be able to bounce back, a new study says. The study, to be published Friday in the journal Science, was compiled by researchers who examined 153 fish and invertebrate stocks from around the world. Most [...]
This week we examine ways in which inflation nibbles away at your retirement income, especially in light of the President’s proposal for Chained CPI adjustments to Social Security. The formal title is Chain-weighted Consumer Price Index and it’s a variation of how the government figures out what is what we would call “inflation.” Either way, [...]
Two Harvard economists whose work is the ideological basis of those advocating tough government austerity measures acknowledged Wednesday that their key study justifying lower government debt loads contained an important mathematical error. In 2010, Harvard professors Carmen Reinhart and Kenneth Rogoff published a report, titled “Public Debt Overhangs: Advanced-Economy Episodes Since 1800,” which attempted to [...]
We have taken the time out to research a lot of new stocks and as usual we have three to add to your watch list tonight! MATR is looking like a good stock to watch