Yesterday, Israelis went to the polls to determine the new makeup of the 19th Israeli Knesset. All 120 seats were up for grabs, and while Israeli pollsters largely predicted that current Prime Minister Benjamin Netenyahu's Likud bloc would retain its plurality in the Knesset, that margin would shrink and his current coalition government would see a shakeup. Currently, Netenyahu's coalition is
Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts
Wednesday, 23 January 2013
On Yesterday's Historic Israeli Elections
Posted on 08:30 by Unknown
Posted in Binyamin Netanyahu, economics, economy, elections, Israel, peace process, Tal Law, Yair Lapid
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Thursday, 30 August 2012
What's Really Going On With Camden Police Force
Posted on 12:45 by Unknown
NBC News breathlessly highlights that "one of the most dangerous cities in the nation is ditching its police force". That's not exactly the case in Camden, New Jersey.
The city has decided to cut costs by breaking the police union by calling in the Camden County police force to do the job of the formerly local police department. The county force is not unionized and has lower benefits and
The city has decided to cut costs by breaking the police union by calling in the Camden County police force to do the job of the formerly local police department. The county force is not unionized and has lower benefits and
Friday, 6 July 2012
Yet Another Mixed Unemployment Data Report
Posted on 08:15 by Unknown
The unemployment figures are out for June, and it's a mixed bag. ADP says private payrolls grew 176,000, well above the consensus estimate of 100,000. That was bolstered by an upwards revision of May to 133,000. However, the Labor Department's job figures were worse than expected. Only 80,000 nonfarm jobs were created.
The unemployment rate has remained at 8.2%. The U-6 rate is up to 15.1%,
The unemployment rate has remained at 8.2%. The U-6 rate is up to 15.1%,
Tuesday, 3 July 2012
Gov. Christie Seems Fine With Feds Managing New Jersey's Health Exchanges
Posted on 07:39 by Unknown
So much for states' rights in Gov. Christie's eyes - he's open to the idea of letting the feds run the NJ health exchange. Gov. Chris Christie said he is exploring letting the federal government set up the state health insurance exchange required by the federal health care overhaul to allow individuals to buy coverage.
He also said he is not sure that New Jersey needs to expand Medicaid under
He also said he is not sure that New Jersey needs to expand Medicaid under
Posted in budget, Chris Christie, economy, health policy, New Jersey, NJ politics, taxes
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Wednesday, 20 June 2012
The Curious Un-Death of Hosni Mubarak
Posted on 07:35 by Unknown
Yesterday afternoon, the wire news services began reporting that former Egyptian strongman Hosni Mubarak was clinically dead. Those initial reports were based on unnamed individuals quoted in the Middle East News Agency (MENA), citing medical sources, said he was declared clinically dead shortly after arriving late Tuesday at a military hospital in Cairo, where he had been taken after suffering a
Tuesday, 19 June 2012
Turmoil In Pakistan: Supreme Court Ousts Prime Minister Gilani
Posted on 10:40 by Unknown
Pakistan's political situation has been anything but serene since Pervez Musharaf lost power. Yousuf Raza Gilani was elected Prime Minister but he's run afoul of the Supreme Court once again for failing to investigate and prosecute claims of corruption against Asif Ali Zardari, the country's president.
Today, the court essentially booted him from office. Local television news stations said
Today, the court essentially booted him from office. Local television news stations said
Posted in Asif Ali Zardari, crimes and misdemeanors, economy, law, Pakistan, riots, Yousuf Raza Gilani
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Thursday, 24 May 2012
Gov. Christie Wont Scale Back Tax Cuts Even As Deficit Mounts
Posted on 06:55 by Unknown
The New Jersey budget is required to be balanced pursuant to the State Constitution. How it gets to that point is up to the Governor and the legislature.
Gov. Chris Christie is determined to make good on his plan to cut income taxes, even though the latest budget projections are showing a much larger deficit than anyone had expected. It's now up to $668 million, which would normally call for a
Gov. Chris Christie is determined to make good on his plan to cut income taxes, even though the latest budget projections are showing a much larger deficit than anyone had expected. It's now up to $668 million, which would normally call for a
Posted in budget, Chris Christie, economy, infrastructure, New Jersey, NJ politics, taxes, transportation
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Wednesday, 23 May 2012
Egyptians Go To Polls To Elect New President
Posted on 08:50 by Unknown
It's a historic day in Egypt. Today is the first day of a two-day election to determine the next president of Egypt and for the first time, it doesn't involve Hosni Mubarak and there are multiple candidates with a chance of winning. The fact that polling is all but nonexistent, no one really knows who will come out on top:In the run-up to the ballot, there have been no reliable opinion surveys,
Posted in economy, Egypt, elections, Hosni Mubarak, Israel, Middle East, Military, politics
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Tuesday, 22 May 2012
MTA East Side Access Schedule Delayed Again; Symptom of Larger Problems
Posted on 06:20 by Unknown
While the MTA seems to be making incremental progress on carrying out routine maintenance using an expanded Fastrack program that shuts down entire segments of the subway system overnight during the week, its capital program remains in shambles.
In particular, the East Side Access program's cost has ballooned to $8.2 billion and the completion has been pushed back to 2019.The LIRR extension to
In particular, the East Side Access program's cost has ballooned to $8.2 billion and the completion has been pushed back to 2019.The LIRR extension to
Posted in business, Congress, East Side Access, economic development, economy, infrastructure, mass transit, MTA, New York City, PANY-NJ
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Friday, 2 March 2012
Putting Iran's Elections Into Context
Posted on 07:25 by Unknown
Iran's carrying out elections and the results wont really shed all that much light on who wields power in the country. Iran's Supreme Leader Ali Khamenei basically picks and chooses who runs through the Guardian Council. There are hardliner factions, including those who have backed Khamenei's previous chosen one - Mahmoud Ahmadinejad (who is term-limited and can't run for a third term as
Posted in Ali Khamenei, economy, elections, foreign policy, Iran, Mahmoud Ahmadinejad, nuclear proliferation, propaganda
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Tuesday, 21 February 2012
Gov. Christie Issues Budget Recommendations
Posted on 12:25 by Unknown
New Jersey Governor Chris Christie has issued his budget recommendations for the upcoming fiscal year, and he's increased spending by nearly $2 billion dollars to $32.1 billion. The full text of his speech is here, but I think we're heading for a repeat of problems.
There's a little bit of something for every group, including increased spending for education and the first portion of his proposed
There's a little bit of something for every group, including increased spending for education and the first portion of his proposed
Posted in budget, Chris Christie, economy, infrastructure, New Jersey, NJ politics, pensions, taxes
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Friday, 17 February 2012
One Year Since Libyans Revolted Against Mumar Khadafi
Posted on 06:50 by Unknown
It was a year ago today that Libyans finally decided that 40+ years of rule by Mumar Khadafi were more than enough. They began protesting throughout the country and that ultimately led to an insurrection, civil war, and finally revolution that toppled the regime. Libyans took to the streets on Friday to celebrate the first anniversary of the uprising that toppled Muammar Gaddafi, but some rued
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