repay
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Iceland to repay Britain $3.45 billion debt due to Icesave Bank failure
Vittorio Hernandez – AHN News Reykjavik, Iceland (AHN) – Iceland will start repaying a $3.45 billion (EUR 2.6 billion) from Britain in 2016. Reykjavik owed the amount to London after the online Icesave Bank failed two years ago. The agreement to repay ends two years of dispute over interest rates between the two countries after [...]
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States Boost Payroll Taxes to Repay Loans
State governments are borrowing heavily from Washington to keep paying unemployment-insurance benefits and, even with the weak job market, most states are raising payroll taxes to pay off the loans. View full post on All Stories
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NJ: N.J. to repay federal government $350M spent on killed Hudson River tunnel project
Gov. Chris Christie cut New Jersey off from $5 billion in New York-based salaries and diminished its future role in the world’s second-largest regional economy when he stopped construction of a Hudson River rail tunnel he said taxpayers couldn’t afford. View full post on All Stories