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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
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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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