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Rhode Island Holds Bond Sale to Spur Economic Recovery


Rhode Island Holds Bond Sale to Spur Economic Recovery
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This week, the State of Rhode Island sold three series of general obligation bonds to spur a broad-based economic recovery for Rhode Island. Treasurer Magaziner has advocated for the use of bonding to jumpstart job creation in Rhode Island since this summer, and he helped lead the effort to pass seven bonding measures in this March s special election.
With this bond sale, our state can now put thousands of Rhode Islanders back to work fixing our roads and bridges, building more affordable housing for those in need, preserving our pristine natural landmarks that are so important to our tourism industry, and more, said General Treasurer Seth Magaziner. I m proud the state was able to take advantage of historically low interest rates on these bond sales, which will go a long way towards boosting economic development in the state. ....

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IN PICTURES | How out-of-control Cape Town fire wreaked havoc


City officials were alerted about the fire before 9am on Sunday.
“About 8.45am the city’s fire and rescue service was alerted to a vegetation fire above Philip Kgosana Drive. Fire crews were immediately dispatched to the scene with the fire spreading from Rhodes Memorial towards the University of Cape Town (UCT),” said Cape Town fire and rescue spokesperson Jermaine Carelse.
On Monday afternoon asthma sufferers were urged to stay indoors or leave the fire zone as the fire continued to worsen. A metro cop told TimesLIVE: “We came here at about 7am and we saw the flames jump the freeway [Philip Kgosana Drive]. The wind is terrible and much worse than yesterday [Sunday.]” ....

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