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10 great Starwood Hotels in Canada to use your 40K free night benefit at from the SPG Credit Card from Amex + MORE Jan 9th
All photos in this post courtesy of Starwood HotelsAs my wife approaches the $40,000 spend threshold on her Starwood Preferred Guest Credit Card from American Express she will soon receive her Category 1-4 free weekend night certificate for doing so. Well light bulb goes off since we did the post a .... More »
January 29 Update: 8x Aeroplan Miles for Best Western stays, Flying Blue Promo Awards, IHG Reward Night Point Changes + MORE Jan 29th
Last update of January! News, Tips & Tricks All of today's news has already been posted to the RC blog, see the links below for the Aeroplan Best Western bonus, IHG's Reward Night changes and of course AF KLM's Promo Awards. Posts since our last update: Air Canada / Aeroplan - 8x Miles for Be.... More »
Astronomers Catch Supermassive Black Holes On Verge Of Merger - Forbes + MORE Feb 25th
Astronomers Catch Supermassive Black Holes On Verge Of Merger ForbesTwo Supermassive Black Holes on Track to Collide Will Warp Space and Time CNETAstronomers Find Two Giant Black Holes Spiraling Toward a Collision NASA Jet Propulsion LaboratoryCaltech-led Team of Ast.... More »
WestJet adding new flights between Toronto and Scotland including Edinburgh + MORE Aug 31st
A new destination and and additional International routes are being added to WestJet's route map for 2022. The airline announced a return to Glasgow from Halifax but are also adding new flights from Toronto. On top of that they are also adding a new city to the map and that is Edinburgh which .... More »
Newfoundland man allegedly takes airplane joyride, crashes into woods + MORE Aug 5th
A Cessna 180 plane is shown in this image provided by the RCMP taken on Thursday Aug. 4, 2016 after a crash near Stephenville Crossing, Nfld. A Newfoundland man allegedly took a float plane on a joyride, before crashing it into a wooded area. RCMP say the Cessna 180 plane was taken from the Jeffrey&.... More »
Obama says he doesn’t expect Congress to breach debt ceiling deadline without raising cap
– canadianbusiness.com
WASHINGTON – President Barack Obama says he doesn’t expect Congress to breach the deadline to increase the nation’s borrowing limit.
He says he’s willing to negotiate changes to his signature health care law and to find ways to reduce spending, but stresses he will not bargain until after Congress reopens the government and passed a new debt ceiling.
Obama says there’s a majority of lawmakers in the House who would vote to end the partial government shutdown and raise the credit limit without conditions.
Obama spoke during an interview with The Associated Press.
The government is expected to hits its $16.7 trillion debt ceiling in mid-October.
Failure to raise that limit could lead to a first-ever default. Republicans want cuts in federal benefit programs and future deficits in exchange for their votes.
The post Obama says he doesn’t expect Congress to breach debt ceiling deadline without raising cap appeared first on Canadian Business.
He says he’s willing to negotiate changes to his signature health care law and to find ways to reduce spending, but stresses he will not bargain until after Congress reopens the government and passed a new debt ceiling.
Obama says there’s a majority of lawmakers in the House who would vote to end the partial government shutdown and raise the credit limit without conditions.
Obama spoke during an interview with The Associated Press.
The government is expected to hits its $16.7 trillion debt ceiling in mid-October.
Failure to raise that limit could lead to a first-ever default. Republicans want cuts in federal benefit programs and future deficits in exchange for their votes.
The post Obama says he doesn’t expect Congress to breach debt ceiling deadline without raising cap appeared first on Canadian Business.
As developed countries gain momentum, the BRICs stumble. Experts see a global spending “void”
– canadianbusiness.com
NEW YORK, N.Y. – The developing countries of Brazil, Russia, India and China recovered quickly from the financial crisis five years ago. Their spending helped keep a global recession from becoming a global depression.
Now they’re stumbling.
Indians are buying fewer cars for the first time in a decade. Chinese are struggling as economic growth slows to a two-decade low. Even big-spending Brazilians, who like to buy everything from shoes to dental work on credit, are turning thrifty — and angry. Hundreds of thousands took to the streets in June to protest rising prices and shoddy public services.
The timing is unfortunate. The economies of the United States, Europe and Japan have gained some momentum in recent months. It seemed that both developed and developing countries would finally be strengthening together as they did before the crisis. Now, hopes for a healthier worldwide economy have been dashed.
The reasons for the slowdown in the BRICs, as the four biggest developing countries are known, are myriad, from a pullback in bank lending in China to crumbling infrastructure and rampant corruption in India…
Now they’re stumbling.
Indians are buying fewer cars for the first time in a decade. Chinese are struggling as economic growth slows to a two-decade low. Even big-spending Brazilians, who like to buy everything from shoes to dental work on credit, are turning thrifty — and angry. Hundreds of thousands took to the streets in June to protest rising prices and shoddy public services.
The timing is unfortunate. The economies of the United States, Europe and Japan have gained some momentum in recent months. It seemed that both developed and developing countries would finally be strengthening together as they did before the crisis. Now, hopes for a healthier worldwide economy have been dashed.
The reasons for the slowdown in the BRICs, as the four biggest developing countries are known, are myriad, from a pullback in bank lending in China to crumbling infrastructure and rampant corruption in India…
