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Newspaper
New Castle News
Location
New Castle, Pennsylvania, United States of America
Date
May 06, 2016
Page
4
The local edition states that letters to the editor reflect writers views not the newspaper. It invites readers to share opinions on issues affecting our lives and to engage in public discussion through submitted letters.
Congress races a debt cliff as Puerto Rico nears a May 1 default on 422 million dollars due by the Government Development Bank. A bipartisan plan seeks an independent fiscal control board and a debt restructuring mechanism to steady the island’s finances amid investor tensions and possible lawsuits.
Editor notes echoes of Paul Revere as residents recount shale gas impact from Pennsylvania fracking. A Mahoning family suffers compressor noise for decades while Robinson Supervisors and community groups urge strong local ordinances. Citizens are urged to stay informed and act. Wilmington Township is urged to heed warnings.
The Fort Worth Tribune-style summary notes Valeant, maker of Cuprimine, raised US prices sharply versus Britain, drawing Senate scrutiny. It cites the drug gap, Medicare impact, and investor losses as the company faces backlash for aggressive pricing and debt.
The NCAA faces scrutiny over leniency toward North Carolina amid a long running scandal centered on fraudulent "paper classes" used to keep athletes eligible. Critics argue the case highlights the NCAA's protection of revenue-rich basketball and football programs, driven by financial motives and a lax regulatory culture.
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