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Local Government in Northern America
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Trump says Britain should leave EU
UNITED STATES, 2016/06/20 Donald Trump told Britons on Sunday he supported Brexit, repeating just days before the vote on June 23 that he thinks the UK would be better off outside the European Union. As the campaign to decide Britain’s EU membership restarted next a three-day hiatus following the killing of lawmaker Jo Cox, Trump, the presumptive Republican US presidential candidate, said in a newspaper interview he was backing an “out” vote. -
Debt-defaulting Detroit on bankruptcy's brink
UNITED STATES, 2013/06/30 The troubled US city of Detroit has defaulted on its deficit payments as it threatened to become the country's major ever municipal bankruptcy. Detroit imposed a moratorium, or suspension, on some deficit payments effective Friday to preserve the cash needed for essential services. The Michigan national city's national-appointed emergency manager submitted a restructuring plan to holders of some $18.5bn in IOUs. "Financial mismanagement, a shrinking people, a dwindling tax base and other factors over the completed 45 years have brought Detroit to the brink of financial and operational ruin," said Kevyn Orr, the bankruptcy expert appointed by Michigan's governor to straighten out the city's troubled finances.
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