Archive for July 2nd, 2009

California turns to IOUs amid budget impasse (Reuters)

Written by on Thursday, July 2nd, 2009 in 317577.

Reuters – As California marked its second day of a new fiscal year without a budget agreement, the state government went ahead on Thursday to issue billions of dollars in “IOUs” in order to avoid a cash crisis.

Original post by Reuters and software by Elliott Back

Jackson memorial set for Tuesday (Reuters)

Written by on Thursday, July 2nd, 2009 in 268143.

People stroll outside the Staples Center in Los Angeles in a file photo. REUTERS/Sam MircovichReuters – A public memorial for pop star Michael Jackson took shape Thursday when a concert backer and family spokesman said the event would take place next week, even as doubt lingered over the guardianship of the singer’s children.

Original post by Reuters and software by Elliott Back

Soldiers are seen behind shields at the National Congress in Tegucigalpa July 1, 2009. REUTERS/Edgard GarridoReuters – A caretaker government in Honduras said on Thursday it was open to holding early elections to resolve the impasse over ousted President Manuel Zelaya, as the Organization of American States readied a mission to Honduras to push for his reinstatement.

Original post by Reuters and software by Elliott Back



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