More than half of Canadians are paying too much tax, effectively providing the government with a interest-free loan instead of investing the money themselves, according to a new report by CIBC. View full post on All Stories
IRIN Staff NAIROBI, Kenya (IRIN) – “My father is old. At home we did not have enough for everyone, so I wanted to better our situation and join the army to help my family and my mother… After one year with the armed group FSR [Front for the Salvation of the Republic], I became commander [...]
Colorado Senator Mark Udall and Congressman Mike Coffman have both released statements on the budget compromise that was struck late Friday night. The deal prevents a shutdown of the federal government for another 5 days and cuts roughly $38 billion from the current fiscal year. Senator Udall’s statement reads: “I congratulate both Democrats and Republicans [...]
X IRIN – IRIN IRIN Staff MUZAFFARGARH, Pakistan (IRIN) – Eight months after floods forced Saleemullah Adeel and his family to abandon their home in Pakistan’s southern Punjab city of Muzaffargarh, the road to recovery has proved rough for this landless farmer. The wheat he planted on 10 acres (four hectares) leased from a large [...]
Anil Giri – AHN News Correspondent Kathmandu, Nepal (AHN) – More than 82,000 former bonded laborers, called Haliya locally, are living in miserable conditions in mid- and far-western Nepal as successive governments have repeatedly failed to end labor exploitation and oppression the workers face, fueling anxieties about their future. In a landmark decision, the former [...]
The federal government is reshaping the mortgage market and there’s strong political support for requiring consumers to make 10 percent to 20 percent down payments. It could also mean the end of the 30-year fixed-rate mortgage in favor of a shorter-term home loan. View full post on All Stories
IRIN Staff – IRIN IRIN Staff COLOMBO, Sri Lanka (IRIN) – As the Sri Lankan government launches a cash-for-work program in areas hit by recent flooding, following similar schemes in the former conflict areas in the north, experts warn of potential pitfalls of such schemes. The new program will be operating in 12 northern and [...]
COMMENTARY: TEA party supporters who opposed a resolution passed by the Kentucky Senate seeking a constitutional convention to amend the Constitution to force the federal government to balance its budget showed up on the day of the vote wearing stickers that stated: “no con con.” Showing up to support the proposal was U.S. Sen. Rand [...]
The Media Line Staff Tunis, Tunisia (TML) – A wave of violence across Tunisia over the past week has many government officials and observers worried that loyalists to the ousted regime of President Zine El Abidine Ben Ali are seeking to reassert control over the country by plunging it into renewed chaos. Two people were [...]
Vittorio Hernandez – AHN News Vaughn, Ontario, Canada (AHN) – Finance Minister Jim Flaherty assured Canadians that the federal government will have a balanced budget by 2015. He based his bold forecast on Ottawa’s two-year $60-billion stimulus program. Flaherty said that the removal of the deficit within the next four years will happen as a [...]
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