Economic and political woes leave Morsi with difficult choices as foreign currency reserves plummet and stronger reforms are urged
New cabinet of emerging regional energy power closely watched by neighbours as it decides on level of natural gas exports
The manner in which the government’s handles the refinancing of $20bn debt will set the tone for the emirate’s future creditworthiness
This month, millions of Americans will spend hours filling out and monitoring their NCAA Men’s Basketball Tournament brackets. If they paid the same attention to their retirement planning, perhaps the country’s savings programs would be in better shape.
Even though you may want to live forever, the question becomes: Can you afford it? The cold hard reality is that the cost of longevity is quickly outpacing most people’s ability to pay for it.
The Denver Post, on February 15th, ran an Associated Press article entitled Homeland Security aims to buy 1.6b rounds of ammo, so far to little notice. It confirmed that the Department of Homeland Security has issued an open purchase order for 1.6 billion rounds of ammunition. As reported elsewhere, some of this purchase order is for hollow-point rounds, forbidden by international law for use in war, along with a frightening amount specialized for snipers. Also reported elsewhere, at the height of the Iraq War the Army was expending less than 6 million rounds a month. Therefore 1.6 billion rounds would be enough to sustain a hot war for 20+ years. In America.
What we already know about our finances before the chancellor’s speech