25% RULE
1. Concept a local government’s long-term debt should not be more than 25% of its annual budget, and any debt beyond the limit is considered excessive and may pose a potential threat because the government may encounter difficulty in paying the debt.
2. Technique for determining royalties, stating a party selling a product based on another party’s intellectual property must pay 25% of the gross profit generated from the sale before taxes. The rule is applicable to copyrights, patents, trademarks, and other kinds of intellectual property.
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Group of 30 - G30
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ECONOMIC CALENDAR
| Time | Country | Indices | Period |
|---|---|---|---|
| 08:30 | Producer & Import Prices | Mar | |
| 11:00 | Industrial Production | Feb | |
| 14:30 | Manufacturing Shipments | Feb | |
| 14:30 | Wholesale Sales | Feb | |
| 14:30 | Retail Sales | Mar | |
| 14:30 | NY Fed Empire State manufacturing index | Apr | |
| 16:00 | Business Inventories | Feb | |
| 16:00 | NAHB Housing Market Index | Apr | |
| 04:00 | Real GDP | 1 quarter |
