Tag Archive: gun rights

on March 31, 2016 in World News

Obama: United States Has ‘Special Obligation’ to Work with China

by Charlie Spiering President Barack Obama said that China and the United States should continue to work together on their economic relationship. “I look forward to working with President Xi as well on the global economy,” Obama said prior to a meeting with Chinese President Xi Jinping in Washington D.C. this afternoon. “As the world’s two largest economies, we have a special obligation to find cooperative measures that we can take to expand growth and global demand.” Presidents Xi and Obama joined world leaders today to discuss the reduction of nuclear weapons. Both leaders spoke about the economic relationship between… View Article

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on March 31, 2016 in World News

Chicago Debt Downgraded to Near ‘Junk Bonds’

by Chriss W. Street Fitch Ratings downgraded the City of Chicago’s credit rating to just one step above “junk bonds” on March 28. Fitch stated that last week’s Illinois Supreme Court decision voiding a law aimed at boosting funding for two of the city’s pension funds was “among the worst of the possible outcomes for the city’s credit quality.”  The agency’s credit analysts warned that the rating could be downgraded further in the absence of “a realistic plan that puts the pension funds on an affordable path toward solvency.” Chicago’s debt rating was slashed two-notches to BBB-minus, which is just one step… View Article

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