The daily newspapers are now full of stories predicting that Iraq, as we know it, will soon disintegrate into three or more warring states. In the last two weeks Sunni insurgents led by the extremist ISIS have routed a good part of the Iraqi army, taken over much of northern Iraq not controlled by the Kurds and now are moving close to Baghdad.
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EDMONTON – The Alberta government released annual reports Monday for all of its ministries for the 2013/2014 year. Here are the highlights:
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HIGH RIVER — One of the Conservative party’s safest seats is safely in the hands of Tory candidate John Barlow.
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I have gone on record that the most dangerous organization is the now French led IMF with Christine Lagarde at the helm, which has presented a concept report that debt cuts for over-indebted states are uncompromising and are to be performed more effectively in the future by defaulting on retirement accounts held in life insurance, mutual funds and other types of pension schemes, or arbitrarily extending debt perpetually so you cannot redeem.
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The spring recovery in home sales gained further ground in May. Signed contracts to buy existing homes surged 6.1 percent from April, as home prices began to ease slightly. This is the largest monthly gain since April 2010, just before the end of the popular first-time home buyer tax credit. Despite the monthly gain, the so-called Pending Home Sales Index from the National Association of Realtors is down 5.2 percent from May of 2013.
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EDMONTON — Boosted by higher than expected energy prices, Heritage Fund income and tax revenue, the Alberta PC government says it transformed last year’s forecast $1.97 billion deficit into a $755 million surplus.
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EDMONTON – The Conservative Party of Canada has held onto its seat in the Fort McMurray-Athabasca riding, despite a Liberal campaign that closed the gap between the two in the popular vote to around 12 per cent.
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Here’s a stunning fact: 30% of all apartments between 49th and 70th Streets and between Fifth and Park Avenues are vacant at least 10 months of the year, according to a Census Bureau estimate provided to New York Magazine.
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The Fed’s flow of funds data provide some support for the notion that financial firms and households have been deleveraging. Of course, the full story is that mortgage borrowers, on balance, stopped borrowing during the current economic expansion. They stopped doing so for all sorts of reasons.
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It’s been just over a month since Crossfield residents began rolling blue bins out onto the streets for pickup each Thursday.
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