If Jim O’Neill, author of The Growth Map, is correct and good things can come from crisis, we are in for a doozy of a future based on the last couple of years alone. Unlike many books on the post-economic apocalypse, O’Neill’s is refreshingly upbeat. Yes, China and countries like India and Brazil are gaining on us, but don’t be concerned. O’Neill’s “guess is that within a couple of years this depressing mood will lift.” If those countries achieve their goals, “it will be good for the world, and … [Read more...] about Keep an Eye on the KWEFS and Other Emerging Economies
goldman sachs
Bond Sale Providing City Best Interest Rate
The City of Flagstaff sold $15.86 million in general obligation bonds today to fund voter approved projects including the final fire station, the emergency communication radio system, and a portion of the street/utility projects. In light of the excellent credit ratings from Standard and Poor’s and Moody’s (AA and Aa2, respectively), the City was able to get a 2.12% interest cost. This is the best rate the City has achieved on any general obligation bond. “This is fantastic news for our … [Read more...] about Bond Sale Providing City Best Interest Rate
