KeatsConnelly Cross-Border Weekly Best of the Web 2013-7-19

web-search-greyEvery week we share news stories, blog articles and other interesting stuff from around the web that received the most views, shares, comments and overall interest on various KeatsConnelly social media outlets.

This week we offer a mix of articles discussing Detroit bankruptcy,  the Keystone Pipeline project, US homebuilding.

The 5 Big Questions a Detroit Bankruptcy Must Answer (forbes.com)With any sudden death of someone who has been ill, the most common heard phrase is, “it’s a shock, but no surprise.” That is how Detroiters were feeling Thursday, on the unexpected news that Emergency Manager Kevyn Orr had filed a voluntary petition for a Chapter 9 bankruptcy. The Detroit case potentially becomes the largest municipal bankruptcy case in the United States. The 16-page petition is breathtakingly short, compared with the kind of Chapter 11 filings by corporations seeking to restructure. It’s mainly a list of forms plus a couple of pages of abandoned property…

American Support the Keystone XL Pipeline by Wide Margin(nationaljournal.com)While the Obama administration mulls whether to approve the controversial Keystone XL pipeline, Americans are already decided. They support the project by a wide margin, prioritizing potential economic benefits over possible environmental consequences.The latest United Technologies/National Journal Congressional Connection Poll finds that more than two-thirds of respondents, 67 percent, support building the pipeline to carry Canadian oil to refineries on the U.S. Gulf Coast; that includes 56 percent of Democrats. Less than a quarter of Americans, 24 percent, oppose the project, the poll shows…

US Homebuilders Optimistic(advisor.ca)U.S. homebuilders are feeling more optimistic about their home sales prospects than they have in more than seven years, a trend that suggests home construction will accelerate in coming months. The National Association of Home Builders/Wells Fargo builder sentiment index released Tuesday jumped to 57 this month from 51 in June. It was the third consecutive monthly gain…

Come back next week for more interesting news and articles. Enjoy your weekend!

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