France is holding the first round of early parliamentary elections on Sunday that could bring the country’s first far-right government since Nazi occupation during World War II. The second round is on July 7. The outcome of the vote is highly uncertain. Turnout is unusually high. Three major political blocs are competing: The far-right National […]
Tag: projections
First French projections put hard-right National Rally well ahead in EU election
PARIS (AP) — First projected results from France on Sunday put the far-right National Rally party well ahead in the European Union’s parliamentary election, defeating President Emmanuel Macron’s pro-European centrists, according to French opinion poll institutes. Marine Le Pen’s anti-immigration, nationalist party is estimated to get around 31-32% of the votes, more than twice the […]
Fairfield to restore school busing after improved fiscal projections
Jun. 7—The Fairfield City Schools board voted to restore busing services to thousands of students for the upcoming school year after the five-year budget projection improved. But all other previous cuts approved by the board, including a reduction in a dozen teaching positions, will remain. District Treasurer Nancy Lane outlined Thursday evening some of the […]
South Africa’s ANC on course to lose majority in early projections
Title icon The News JOHANNESBURG — South Africa’s ruling African National Congress looks set to lose its parliamentary majority for the first time since coming to power after the end of apartheid 30 years ago, according to projections based on early election results. Polls in Wednesday’s election closed at 2100. On Thursday, with results received […]
Massachusetts has already collected $1.8B from ‘millionaires tax,’ crushing projections
Beacon Hill spent most of the past year in hand-wringing mode over the state’s finances as tax revenues sagged month after month and new costs exploded, but lawmakers might soon have hundreds of millions of dollars in extra cash available for education and transportation. Massachusetts has collected about $1.8 billion from a voter-approved surtax on […]
Lake Mead outlook improves in latest water projections
With better revenue projections, City Council adds money to library, BioPark budget
May 16—An early May meeting of the University of New Mexico Bureau of Business and Economic Research came in the nick of time, as its updated economic forecast provided additional wiggle room in the proposed fiscal year 2025 Albuquerque city budget. The City Council has until May 31 to adopt the administration’s proposed budget, which […]
The Fed’s rate-cut projections are pointing to an imminent recession, economist says
Yuichiro Chino/Getty Images The Fed’s interest rate forecasts signal an imminent recession, economist David Rosenberg says. In previous soft landings, the Fed usually cut rates by 75 basis points, but they’re forecasting a 150 basis-point reduction by 2025. Stock investors are eagerly awaiting the central bank’s pivot to looser monetary policy. The Federal Reserve’s interest […]
Iowa revenue projections updated as lawmakers weigh budget, tax cut decisions
Iowa’s revenue panel said Friday the state will see less money flowing in 2024, citing tax cuts’ effect and setting the stage for lawmakers to make key decisions on the upcoming budget. The three-member Revenue Estimating Conference forecasted that Iowa would take in about $9.63 billion in fiscal year 2024, which ends June 30. That […]