Word: financeseated
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In 2003, Okonjo-Iweala was asked to be the first female finance minister of Nigeria. She strove to reduce corruption and decrease the country’s immense debt, while reordering the nation’s finances despite resistance to her economic reforms.
Cabrera, 44, spent the last 17 years building windows and working in shipping. He says he didn't really think he'd be part of the largest labor sit-in in recent memory. When Republic was still up and running, he had heard rumors about troubled finances. One of the...
When President-elect Barack Obama met with America's governors earlier this week, he got an earful about the recession-induced budget crisis they face. On Thursday those words of woe were backed up by a fresh report on the rapidly deteriorating condition of state finances. Revenues are dropping so...
The 12 states with budgets still on track include Alaska, Arkansas, Montana, North Dakota, Oklahoma, Texas and West Virginia. Many of those states have economies tied to energy or agriculture - two sectors that held up better than most for longer but have been showing weakness this year as the price...
Overall industry sales dropped 35% in November. Ford actually beat the industry, reporting a sales drop of 30% but GM reported a 41% drop and Chrysler's fell 42%. Nissan's sales dropped 44%, Toyota fell 35% and Honda fell a similar amount. "We cannot continue to operate at these...