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Tag archive for ‘municipal debt’
By Brandon Jones On Friday, March 14th, 2014
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Taxpayers pay $163 billion in interest to Apple, Cisco, Google, Microsoft in offshore accounts

United States taxpayers make large interest payments to the top four technology firms for the $163 billion in US government debt the companies own and shelter in tax-free offshore accounts. photo by photoSteve101 More...

By Brandon Jones On Tuesday, September 18th, 2012
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Russia agrees to write off North Korea’s $11 billion debt

Russia said on Tuesday it agreed to write off 90 percent of North Korea’s $11 billion debt and would reinvest the balance in the reclusive Asian state, in a sign of closer engagement with Pyongyang under new More...

By Brandon Jones On Wednesday, July 11th, 2012
2 Comments

San Bernardino city files for bankruptcy in California court

The city council of San Bernardino, California, voted on Tuesday to file for bankruptcy, marking the third time in recent weeks a city in the most populous U.S. state has opted to seek protection from its creditors. Photo/RevisorWeb More...


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