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A municipal bond, commonly known as a muni, is a bond issued by state or local governments, or entities they create such as authorities and special districts. In the United States, interest income received by holders of municipal bonds is often, but not always, exempt from federal and state income taxation.
Banks shall maintain minimum required reserves to the amount of 10% of the deposit base (effective from 1 December 2008) with two exceptions (effective from 1 January 2009): 1. on funds attracted by banks from abroad: 5%; 2. on funds attracted from state and local government budgets: 0%. [23] Burundi: 8.50: Canada: Zero, [10]: 347 [24]: 5 Chile ...
On June 25, 1984, the Supreme Court issued a unanimous 6–0 [a] decision in favor of the EPA that reversed the judgment of the D.C. Circuit. In an opinion written by justice John Paul Stevens , the Court ruled that the ambiguous meaning of the term "source" in the Clean Air Act indicated that Congress had delegated to the EPA the power to make ...
A United States–Canada Power System Outage Task Force was formed to investigate the causes of the blackout and to make recommendations to prevent future blackouts. The Energy Policy Act of 2005 (US) called for the creation of an Electric Reliability Organization (ERO) to develop and enforce compliance with mandatory reliability standards in ...
The number of SDRs in existence was around XDR 21.4 billion in August 2009. During the global financial crisis of 2009, an additional XDR 182.6 billion was allocated to "provide liquidity to the global economic system and supplement member countries' official reserves". By October 2014, the number of SDRs in existence was XDR 204 billion. [6]
The report predicted a total net cash outflow of $37.7 billion (excluding non-TARP AIG shares), based on the assumption the TARP housing programs' (Hardest Hit Fund, Making Home Affordable and FHA refinancing) funds are fully taken up. Debt is still outstanding, some of which has been converted to common stock, from just under $125 million down ...
Now this is a cereal killer.. Some of Americans’ favorite snacks and classic candies could be banned in several states due to cancer-causing chemicals in their ingredients.
Accounting standards are based on French GAAP for the private sector, IFRS and IPSAS. Standards are issued by the Conseil de normalisation des comptes publics (Advisory council on public sector accounting standards). Gambia – In the process of adopting the cash basis IPSAS, will then move to adopt accrual basis IPSAS.