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Rail said sufficient to deliver North Dakota crude oil
PARIS, March 9 (UPI) -- The French government is aiming to cut spending by $6.5 billion in 2014 without cutting jobs, the prime minister said.
Prime Minister Jean-Marc Ayrault directed ministers to restructure their departments using "ambitious structural reforms," to accomplish the savings, rather than cutting jobs, Radio France Internationale reported Saturday.
The overall goal is to bring government debt to 3 percent of gross domestic product by 2017. The benchmark of 3 percent is one of the financial mandates for eurozone members.
With the Socialist party coming into power, the 2013 government budget already had austerity measures, cutting more than $16 billion in spending and increasing tax revenues by $50 billion.
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TEL AVIV, Israel, May 17 (UPI) --
Nobel Energy of Houston, which discovered Israel's big gas fields in the eastern Mediterranean, is pressing the government to decide soon on an energy export policy as the prospect of an undersea pipeline to Turkey gains credibility.
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TEL AVIV, Israel, May 17 (UPI) --
mid growing concerns about security threats from Syria and Iran, Israeli Prime Minister Binyamin Netanyahu has greatly reduced planned defense budget cuts.
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Properties repossessed by lenders in the first quarter took an average of 477 days to complete the foreclosure process, up from 414 days in the previous...
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Nobody likes spending cuts but the champion of that attitude is clearly President Barack Obama, who seems to have a very clear pain-avoidance agenda.
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