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Imperial County earthquakes highlight unresolved school risks
California WatchThe swarm of earthquakes that rippled through Imperial County in late August has exposed more fissures in the state's system for identifying and fixing school buildings considered structurally unsound. At Brawley Union High School, an Aug. 27...Tags: Arts and Culture, Science and Technology, Architecture, Natural Disasters, Health and Safety at School
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Calexico school district's takeover considered "last resort"
Staff WriterWhat a state takeover of a school district looks like in the end can vary, but those involved in districts already under state control agree it’s a situation to be avoided. Assembly Bill 1200 was implemented in 1991 and established the process...Tags: Finance, California State Legislature, V. Manuel Perez, Economy, Business and Finance, Health
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IID board hears DuMars findings
Staff WriterThe amount of water required to be transferred by the Imperial Irrigation District to urban areas may never be available. Quantification Settlement Agreement funds have been offsetting costs of the water department. The local water district should...Tags: Conservation, Natural Resource Industry, Legal Services, Environmental Pollution, Environmental Issues
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U.S. credit rating downgrade local effect small
Imperial Valley Press Staff WriterThe only thing to fear locally from credit rating agency Standard & Poor’s downgrade of the U.S. credit rating may be fear itself. The credit rating agency cites “political brinkmanship” as the reason for the downgrade. While the U.S....Tags: Finance, Credit and Debt, Elections, Financial and Business Services, Human Interest
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Officials uncertain over how failing to raise debt limit can affect Imperial County
Staff WriterRalph Cordova was unsure about what would happen locally if congressional lawmakers fail to broker a deal to stave off a fiscal crisis by Tuesday. But depending on what the federal government decides to cut back in spending, the county would then be able...Tags: Finance, Credit and Debt, Career and Workplace, Laws, Credit Ratings
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IID sells second El Centro Unit 3 bonds
Staff WriterWhile most would be happy to get an “A+”, Imperial Irrigation District officials thought they could have done better in a recent credit rating for more than $75 million worth of bonds. The district has sold its second of three in a set of...Tags: AAA, Subway Transportation, Finance, Travel, New York
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California budget takes hit from both parties
SAN FRANCISCO (Reuters) - A second front has opened in California's budget war as some of Governor Jerry Brown's fellow Democrats rebel against parts of his plan to cut spending while Republicans stay firmly opposed to tax hikes.
Brown's election in...Tags: Justice System, Republican Party, Pension and Welfare, Crime, Law and Justice, Local Government
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Early 2011 Markets: Ignore the Noise, Focus on Improvement
As January came to a close, it was clear that the stock market remained quite resilient. The S&P 500 Index, a proxy for large cap U.S. equities, returned 2.4% in January, which marks the fifth consecutive positive month for the market. The gains were...Tags: Labor Markets, Commodity Markets, Flu, Common Cold, Local Government
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JGBs dive, dollar index hits three-year high on Bernanke comment
ReutersSINGAPORE (Reuters) - Japanese government bond prices dived and 10-year JGB futures tumbled a full point, prompting the Tokyo Stock Exchange to temporarily suspend trade as the dollar hit a near three-year high versus a basket of currencies on Thursday....Tags: Boston Marathon Bombing (2013), Foreign Exchange Market, Coca-Cola Co., European Central Bank, Verizon Communications
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WRAPUP 4-Bernanke says more progress needed before stimulus pullback
Reuters* Bernanke touts benefits of Fed bond buying * Says end to purchases will depend on economy * Could trim bond buys at one of the "next few meetings" * If anything, "inflation is too low," Bernanke says By Pedro da Costa and Alister Bull WASHINGTON,...Tags: European Debt Crisis, U.S. Congress, Labor Day, Prices, Central Bank
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Ireland says working on new post-bailout economic plan
ReutersDUBLIN (Reuters) - Ireland's finance minister said on Wednesday he planned to issue a long-term economic plan aimed at keeping the country on track after the strictures imposed by a bailout are removed next year. Rescued by Europe and the IMF in late...Tags: Republic of Ireland
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Japan rates may torpedo recovery
Reuters(Reuters) - Spiking interest rates in Japan threaten to undermine, and possibly end, the recovery being engendered by Abenomics. That could reverse gains not only in Tokyo stocks, but in stock markets world-wide which have benefited from Japanese...Tags: Economic Policy, Japan, Stock Market, Finance, Money and Monetary Policy
Oct 10, 2012
|Story| Imperial Valley Press Online
Dec 18, 2011
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Mar 21, 2012
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Aug 12, 2011
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Jul 30, 2011
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Jun 18, 2011
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May 27, 2011
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Feb 21, 2011
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May 22, 2013
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May 22, 2013
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May 22, 2013
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May 22, 2013
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