Word: fiscal
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...come from somewhere, but alternative sources do exist. A legislative proposal that is still pending approval by the Massachusetts State Legislature calls for increasing the tax on gasoline sold in the state, a measure that could eliminate the MBTA’s budget deficit. Beyond solving the fiscal problems of the commonwealth, the proposed gas tax also promises to keep more cars off the road...
...Cordaro isn't the only one having doubts. Last week, ratings agency Moody's lowered its outlook for the debt of local governments to 'Negative.' In its report, the ratings agency said local governments face "unprecedented fiscal challenges," over the next 18 months. The report also noted that this was the first time Moody's analysts were broadly worried about the ability of local governments to pay back their debts. Among the places Moody's finds to be most troubled are cities in Florida and California, because of the real estate bust, Indiana, Michigan and Ohio, which are being hurt...
...Science Complex really can’t be stopped,” said Aaron MacDonald, an Allston-Brighton resident for 11 years. The University has said it will wait to re-examine the Science Complex’s construction pace until year’s end when its fiscal situation is more clear. Some residents see the intervening months as an opportunity to be proactive and encourage the University to address other long-standing neighborhood concerns. But there is no indication that the larger riddle—ensuring that a powerful University’s quest to remake a city...
...University has said it will wait to re-examine the Science Complex’s construction pace until year’s end when its fiscal situation is more clear. Some residents see the intervening months as an opportunity to be proactive and encourage the University to address other long-standing neighborhood concerns. But there is no indication that the larger riddle—ensuring that a powerful University’s quest to remake a city does not drown out the voices of its residents—will come any closer to a resolution...
...That view is also shared by the Zurich-based Barry Callebaut, one of the world's leading manufacturers of industrial cocoa and chocolate. The company maintained stable sales volumes and increased profits by 4.7% in the fiscal period ending in February of this year, which spokeswoman Josiane Kremer attributes to the firm's expansion into high-growth emerging markets such as Eastern Europe, Russia and China, as well as market share gains in North America. (See pictures of trade between China and Africa...