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Treasury yields have been rising recently but Barry Ritholtz says there's no reason to be alarmed about this. "Yields have moved up from the absurdly low level of 1.5% to 2% after a 30 year move down from 17%...It's just as silly to claim that yields
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But we should be very clear that there is a difference between efficiency savings, which may be difficult to achieve but are painless in terms of the impact on the front line, and output cuts, which are of a very different order and require proper
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When it comes to raising the U.S. debt ceiling, 2013 is not 2011...Around this time two years ago, then-Treasury Secretary Timothy Geithner sent Congress a letter saying that the U.S. would be able to take extraordinary measures until Aug. 2 to keep
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Veterans missing their medals or discharge papers could find them at the state treasury. Treasurer Todd Hollenbach said his office has hundreds of unclaimed military items in the vault and he wants to return them to the veterans or their families.
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Agreements reached with departments on spending plans The government will set out its spending plans in full next month Chancellor George Osborne has reached agreement with seven Whitehall departments on some of the savings the government wants to
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Contractors cut gas pipe in Ngaio Newstalk ZB Staff, Newstalk ZB May 27, 2013, 12:33 pm Contractors have cut a gas pipe in Ngaio this morning. Police are blocking the area around Khandallah Road and Cockayne Road after the 50 millimetre pipe was cut
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The Senate took a two-week break on Thursday after a first session marked by battles with the Executive over devolution. The break came after the Senate unanimously approved Sh258 billion for county governments up from Sh210 billion and then
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Quake rebuild money budgeted from asset sales fund You do not have to burrow too deeply into the annual Government accounts to uncover the untold story of last week's Budget. It is a story which raises questions about National's exploitation for not
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Equity markets have been regularly hitting all-time highs, and stocks are looking more and more overbought. I've been expecting a correction for a few weeks, but so far, no dice, unless we're seeing the beginning of one now. But regardless of where
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SOE set to soak up 10 per cent of funds realised from power firm partial privatisations...In last week's Budget, Transport Minister Gerry Brownlee announced KiwiRail would receive $94 million of Future Investment Fund cash towards its $4.6 billion 10-
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