Government Spending News
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Updated 2 hours, 42 minutes ago
Japanese billionaire Akira Mori said developing energy-saving buildings in central Tokyo is the best way to benefit from Prime Minister Shinzo Abe’s policies such as boosting the city’s competitiveness.
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The downtown in Leesburg, Virginia, offers a portrait of attachment to the past. Federal-style buildings line the streets, and the courthouse square features both a plaque commemorating a reading in 1776 of the Declaration of Independence and a statue honoring Confederate soldiers.
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Japanese Prime Minister Shinzo Abe’s pledge to end 15 years of deflation has prompted the nation’s biggest banks to raise mortgage rates, mobilizing people like Karin Abe to buy a home four years earlier than he had planned.
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Mexican President Enrique Pena Nieto said he’s confident Congress will end the state oil monopoly this year, opening the way for companies such as Exxon Mobil Corp. and Royal Dutch Shell Plc to tap the nation’s reserves.
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Mexico’s economic growth will quicken as the government increases spending in the second half of the year, Finance Minister Luis Videgaray said.
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Updated 1 hour, 15 minutes ago
French Industry Minister Arnaud Montebourg, an advocate of fortress Europe against “unfair” trade practices, says he has a new way to bring jobs back home: Colbert 2.0.
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The U.S. Department of Agriculture plans to spend about $38 million to buy domestic sugar in a bid to ease a glut that sent prices plunging this month to a four- year low.
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Nigeria’s inflation rate fell to 9 percent in May, the National Bureau of Statistics said.
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When Turney Duff was a junior trader at the now-defunct hedge-fund company Galleon Group LLC, he was plied with dinners, free trips and cocaine by securities-fund salesmen.
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Canadian factory sales fell at the fastest pace in more than three years in April, a widespread drop led by slower oil-refinery production and metal output.
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