"Today, we are still not out of the financial emergency which placed us in this painful crisis, " he said.
They can tear up existing union contracts, and even fire some elected officials, if they believe it will help solve a financial emergency.
Like a bond, it pays a fixed income, but, like a stock, the dividend can be suspended if a company has a financial emergency.
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Both Italy and Spain face the threat of a self-fulfilling fear in the markets that they are fated to suffer a Greek-style financial emergency.
Detroit is in a financial emergency and cannot pay its bills.
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First, a state review panel declared that a financial emergency existed in the city, making it likely that Michigan Gov. Rick Snyder will appoint an emergency financial manager with sweeping powers.
You also should have the means to pay off or refinance the loan completely before the 0% rate expires, even if you lost your job, had a health-care crisis or experienced some other financial emergency.
And in the event of a financial emergency a currency board has less freedom than a central bank to act as lender of last resort, because the board cannot boost the money supply to aid troubled banks.
If unions cooperate in restructuring benefits and financial plans in a way that make them sustainable for the long-term, the emergency financial manager will not have to touch their contracts.
While in Northumberland, Mr Healey will announce the government will operate the Bellwin scheme, which provides emergency state financial aid to local authorities to meet the costs of an emergency or disaster.
The emergency financial manager, if Snyder chooses to appoint one, can deal with the mess that exists now.
This weekend Russia pledged emergency financial aid to the Palestinian Authority, now led by the militant Islamist group Hamas.
After months of political bickering and legislative maneuvering, Detroit finally got an emergency financial manager on Thursday.
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Additionally, Bluffton Self Help provided families with short-term emergency financial assistance toward housing and utility assistance, medical assistance, or children's program assistance.
Robert Bobb, the school district's emergency financial manager, has tried several policies to try to balance the books, including closing 59 schools.
Transportation, financial systems, emergency services, utilities, and government applications are just a few examples of services that need absolute availability and robust security.
The government said ministers would consider emergency financial assistance for Aberdeenshire Council to help deal with the costs of flood damage in recent days.
Detroit Emergency Financial Manager Robert Bobb announced last month that he was closing eight schools, and selling up to 45 more to charter companies.
Kilpatrick cannot be blamed for single-handedly driving Detroit into the hands of an emergency financial manager, whom Michigan Gov. Rick Snyder plans to appoint any day.
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In Detroit, a city that has faced decline now for several decades, Emergency Financial Manager Robert Bobb has issued a layoff notice to all 5, 466 public school teachers.
Pamela Amato, a former emergency financial manager for tiny Three Oaks in southwestern Michigan, said when she took the job in 2009, she did not jump straight into the finances.
Republican Gov. Rick Snyder said Friday he plans to appoint an emergency financial manager for Detroit, taking control of the state's largest city out of the hands of elected leaders.
Our "First Stop Veterans' Resource Center, " FSVRC, helps with emergency financial aid, referrals, VA-SSA benefit information, employment assistance, and more, regardless of where the veterans live or service members are stationed.
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During the Wayne State announcement, Mr. Snyder said that he has a top candidate to fill the post of emergency financial manager, but he declined to say who that person was.
His decision not to seek re-election is not a huge surprise, given that the struggling city is currently being run by a state-appointed emergency financial manager who is considering a municipal bankruptcy.
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During the recent IMF-World Bank annual meetings in Bangkok, the G-7 nations publicly feigned consensus on providing emergency financial aid to the former USSR to help avoid a foreign debt payments crisis.
Electrical power is necessary to support other critical infrastructures, including supply and distribution of water, food, fuel, communications, transport, financial transactions, emergency services, government services, and all other infrastructures supporting the national economy and welfare.
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"If, in fact, the appointment of an emergency financial manager both stabilizes the city fiscally and supports our restructuring initiatives which improve the quality of life for our citizens, then I think there is a way for us to work together, " Mayor Dave Bing said in a statement.
One of the cornerstones of a sound financial life is an emergency fund.
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