Meanwhile, amid continuing economic and political uncertainty, local governments have been reluctant to start capital projects, and this combination of increased demand from investors and tight supply due to fewer issues drove muni prices higher.
The company said it had suspended its plans due to "uncertainty about the local planning regime".
Health was the biggest area of uncertainty, with local health boards often requiring extra funding to balance their books at the end of the year.
He was also worried the contract did not represent value for money, there could be a risk to health and the uncertainty was blighting the local community.
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While correlations had been observed between disease transmission and local climate changes in some regions, "there is still much uncertainty about the potential impact of climate change on malaria at local and global scales, " it said.
Plaid Cymru AM for Ynys Mon Ieuan Wyn Jones and Liberal Democrat Local Government Spokesperson Peter Black both welcomed the statement however expressed uncertainty with the government's extended intervention until May 2013.
Mr Copus says that such uncertainty is a symptom of the difficulties of selling elected mayors to local politicians.
Uncertainty remained over the situation in Cyprus, where a plan to tax local bank deposits failed to pass after the ruling Democratic Rally party abstained from voting.
There is continued uncertainty over jobs at BAE systems in Brough and ongoing cuts to public sector jobs at local authorities.
Alex Attwood told the environment committee there was now a movement from a period of uncertainty into a time when people would have to address the issues of the scale of local government organisation.
First, all the negative publicity surrounding Southern Cross is killing the company - because any uncertainty about it's future makes it harder for Southern Cross to persuade families and local authorities to place vulnerable elderly people in its homes.
Local government aviation group SASIG warned that if he "dithered" over the White Paper it would lead to uncertainty for thousands of residents living near airports.
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Shadow communities and local government secretary Hilary Benn said the "ham-fisted" way the government had handled the process had created uncertainty.
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And playing chicken would include going up to the last minute, which creates a lot of uncertainty for the global economy, on a scale that makes last week look like something very small and local.
Barclays said on July 5 that it attributed this allocation decision to the heightened uncertainty in the euro area and the potential for volatility in currency markets, limiting the upside potential in local currency bonds as they lose value compared to the dollar.
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