Q&A: Currency the latest threat to global economy

LONDON (AP) — The world economy faces a new threat. Instead of a banking collapse or too much debt, fears are growing that countries are using their currencies as an economic weapon.

History suggests that’s never a good thing.

If too many countries try to weaken their currencies for economic gain — sparking a so-called “currency war” — then the fragile global economic recovery could be derailed and the international financial system thrown into chaos.

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City pension costs per family approach $600 per year

Some communities in San Diego County are on the hook for almost $600 per year per household to cover city employee pension costs, according to a study by a taxpayers group.

Del Mar citizens carry the biggest load, at $573 annually of public employee pension costs per household.

Coronado ranked second, at $565 per household. National City was third, at $419 per household.

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