By Barbara Kollmeyer
MADRID (MarketWatch) — The Spanish government is planning a further 30 billion euros ($38 billion) in spending cuts and tax hikes, some of which could be announced next week, according to a report from Reuters on Wednesday. Citing sources familiar with the matter, the news agency said the multiyear program could involve hikes in sales and energy taxes, pension-system reforms, civil-servant pay cuts, toll-road hikes and bigger [...]
The Texas Department of Transportation said today a toll road being built from San Antonio to north of Austin could be the first road in the country to have a posted 85 mile per hour speed limit.
“It was designed under extremely high design parameters,” said Darren McDaniel, the Speed Management Director for the department, which builds and manages all Texas highways.
The highway, called State Highway 130, is being built to [...]
May 23, 2012
“With Congress unwilling to contemplate an increase in the federal gas tax, motorists are likely to be paying ever more tolls as the government searches for ways to repair and expand the nation’s congested highways,” the Associated Press reports.
In 2011, California, Washington, Texas and Indiana made it easier to collect tolls on state and local roads, USA Today reported. Texas passed laws authorizing private toll roads while Indiana removed a provision [...]
The man may have a penthouse in Hoboken, but he lives in the state of denial.
That missing $1.2 billion?
He “simply has no idea where it is.” But he hopes it will still be found.
Did his bets on European debt cause the firm’s bankruptcy?
No, the marketplace lost faith in the firm; his trades were “prudent.” Besides, the firm had bad management before he got there.
Were the missing customer funds used to [...]
Introducing America for Sale, a new Huffington Post-Dylan Ratigan Show collaboration.
In Chicago, it’s the sale of parking meters to the sovereign wealth fund of Abu Dhabi. In Indiana, it’s the sale of the northern toll road to a Spanish and Australian joint venture. In Wisconsin it’s public health and food programs, in California it’s libraries. It’s water treatment plants, schools, toll [...]
Police said a man was found dead below the Pancoran flyover in South Jakarta on Saturday. Officials said the man was believed to be a homeless scavenger who died due to starvation.
“We received the information about a dead man found on the street and, according to a cleaner, the man was a scavenger,” Adj. First Insp. Edy Prihatin was quoted as saying by news portal Kompas.com on Sunday.
“We found no [...]