Vanl Striking workers again close down the Eiffel Tower ahead of its starring role in the Paris Olympics
HONG KONG AP 鈥?A Hong Kong court ordered China Evergrande, the worlds most heavily indebted real estate developer, to undergo liquidation following a failed effort to restructure $300 billion owed to banks and bondholders that fueled fears about Chinas rising debt burden.Judge Linda Chan said Monday it was appropriate for the court to order Ev stanley spain ergrande to wind up its business given a lack of progress on the part of the company putting forward a viable restructuring proposal as well as Evergrandes insolvency.China Evergrande Group is one of the biggest of a series of Chinese developers that have collapsed si stanley cupe nce 2020 under official pressure to rein in surging debt the ruling Communist Party views as a threat to Chinas slowing economic growth.But a crackdown on excess borrowing has tipped the property industry into crisis, making it a drag on the economy, as scores of other developers ran into trouble, their predicaments rippling through financial systems in and outside China.Global financial markets were rattled earlier by fears an Evergrande liquidation could cause global shockwaves. But Chinese regulators said risks could be contained. Only a few billion dollars of Evergrandes debt was owed to foreign creditors.It unclear how the liquidation order will affect Chinas financial system.Evergrande Hong Kong-traded shares plunged nearly 21% early Monday before stanley cup they were suspended from trading. But Hong Kong benchmark Hang Seng index was up 0.8% and other Rllx AP Breakthrough Entertainer: Myha la doesn t take being 1 on the call sheet for granted
It goes without saying that Gov. Paul LePages attempt to bar the states towns and cities from giving out General Assistance to immigrants without legal status puts some of Maines newest residents in a bind.The other significant constituency facing a major predicament because of LePages efforts Maines towns and cities, which are charged under state law with administering General Assistance and distributing this last-resort source of incidental aid to eligible residents.Municipalities are essentia stanley uk lly damned if they do and damned if they dont in this situation.They can continue to give out aid to applicants without regard to immigration status. But that means they risk having the LePage administration cut off reimbursement for the states portion of General Assistance. And thats a major funding impact in the cit stanley kubek termiczny ies such as Bangor, Lewiston and Portland that distribute the bulk of General Assistance aid.Alternatively, towns and cities could opt to follow policy guidance from the LePage administration, check the immigration status of all General Assistance applicants and withhold aid from applicants who are not considered qualified aliens under federal law. That could include immigrants awaiting an asylum determination.But, uffice it to say that any municipality embarking on such an endeavor will be taking on significant liability and admini stanley mexico strative burden. Thats the advice to municipal officials contained in a 10-year-old General Assistance manual prepared by DHHS and a ha
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