The light at the end of the recession tunnel is distant and dim for the nation’s cities, according to a survey by the National League of Cities. While optimistic federal officials hint at an economic turnaround, city finance officers say the picture remains bleak for city governments. This is chiefly because a top source of municipal income — property tax revenue — tends to lag behind changes in the market
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Federer extends U.S. Open winning streak
As Oil Explodes, Why Natural Gas Prices Stay Low
Hurricane Bill churns closer to Bermuda
While Hurricane Bill looked less organized early Friday, a tropical storm warning remains in effect for Bermuda. Tropical storm conditions, including winds of at least 39 mph (63 kph), are expected on the island within 24 hours. A hurricane watch was also in effect, meaning hurricane conditions, including winds of at least 74 mph (119 kph), are possible within 36 hours.
Feeling Betrayed by Marion Jones
Florida Panhandle warned of tropical storm threat
World population projected to reach 7 billion next year
The world’s population is forecast to hit 7 billion next year, the vast majority of its growth coming in developing and, in many cases, the poorest nations, a report released Wednesday said. A staggering 97 percent of global growth over the next 40 years will happen in Asia, Africa, Latin America and the Caribbean, according to the Population Reference Bureau’s 2009 World Population Data Sheet.