NYC's Bloomberg criticizes LIPA power-restoration effort
Nov 3 (Reuters) - New York Mayor Michael Bloomberg lashed out on Saturday at the Long Island-based power company that serves some of New York City's outer neighborhoods for making inadequate progress restoring power to thousands of residents in the dark since superstorm Sandy struck on Monday night.
At a press briefing, Bloomberg said the Long Island Power Authority, LIPA, "has not acted aggressively enough" in its power restoration efforts, particularly in bringing electricity back to the Rockaways, a series of beachfront neighborhoods devastated by the storm.
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DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.