Japan announced that it’s putting $110 billion into its Asian Development Bank. That’s conspicuously more than the $100 billion of capital in China’s AIIB, which has been grabbing headlines recently.
ISIS is on the march, taking yet another strategic location. ISIS’ dream of a Sunni state in the midst of the ruins of Iraq and Syria grows closer by the day
Moody’s downgraded Puerto Rico a week after it downgraded Chicago. Illinois, take note: protecting underfunded pension plans means the axe will fall elsewhere.
The Affordable Care Act at work: insurers applying for premium hikes as high as 51 percent. Regulators could deny the increase, but if they don’t, expect the debate over the ACA to come roaring back.
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