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Debt. a quarter of state spending in nigeria goes on paying off debt that's twice as much as three years ago the government solution when it comes to budget gaps is to take out more loans and the debt trap is certainly not unique to nigeria. most african nations are in financial difficulty some critically so that's according to a debt trip or two by several n.g.o.s and there were different reasons for it last decade it was relatively easy for african states to acquire money china for example pumped billions into infrastructure there a way of securing its influence and power and the aftermath o...

Thing, go get 'em. >> for all quayle's boasting, bush continues to drown in the polls. >> lee atwater brings in ad man sig rogich. >> we just collaborated and came up with good scripts and good ideas. and then they would be tested. >> from unknown governor to candidate for president, how much do we really know about michael dukakis? out of touch with our values and problems. >> i thought we captured the differences between us and michael dukakis. >> congress has increased federal spending at an alarming rate, michael dukakis has increased state spending in massachusetts twice as fast. >> the n...

Money but they have good jobs secure jobs they're earning more that's a strong point as the state spending as well and the picture extends to the euro zone itself as well the block as you say zero point four percent also a good number and countries like spain and the netherlands actually growing faster than germany well maybe that prospect of a golden era through germany has prompted the german chancellor angela merkel to comment on planned euro zone reform at her first public appearance since the holidays. that's right she said that she could imagine having a budget alone for the eurozone not...

German economy the munich based evil research group has downgraded its growth forecast for this year from two point six percent to one point eight percent the move follows similar downward projections from other bodies including the german government other sources of concern for the german economy include a shortage of skilled labor and italy's debt crisis well earlier i spoke to clearance of who's president of the institute for economic research and i asked him how germany is holding up amid all the current turmoil. the german economy is relatively solid this is mostly because the domestic ec...

Veto of a 480-million-dollar tax hike to help boost education spending. thousands of teachers rallied at the kentucky capital urging lawmakers to take action. republican matt bevins said the measure would not generate enough money to cover new state spending. g.o.p. legislative leaders disagreed. the republican controlled state senate will take up the veto next. arizona's governor is offering teachers a 20% pay hike. the teachers there threatened to go on strike after republican doug doocy said he would stick by an earlier proposal for a 1% raise. teachers are saying besides the 20% they want ...