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Showing 1 - 10 of 42 results for "PIGS"

Labor says yes, economists say no to SG rise

ELIZA BAVIN  |  TUESDAY, 1 SEP 2020
... using the argument that the increase of the SG will depress wages growth; an argument that he vehemently disagreed with. "Pigs might fly. That is the biggest bullshit argument I have ever heard against going ahead with decent provisions for people's ...

Chief economist update: The next generation

BENJAMIN ONG  |  WEDNESDAY, 22 JUL 2020
... that EU leaders agreed to agree. Recall the fiscal funding disputes between "austere" countries, led by Germany, and the PIGS (Portugal, Italy, Greece, Spain) during the European sovereign debt crisis seven years before....it's the emerging fiscal ...

Chief economist update: Equity markets struck by coronavirus

BENJAMIN ONG  |  WEDNESDAY, 22 JAN 2020
... you get what he's on about? Me too, but it sounded scary. The same as it was in 2003 and 2009, when the birds and the pigs threatened humans and economic growth there is now a growing concerned chorus on the coronavirus. Like SARS, the swine flu ...

Just what the doctor ordered

BENJAMIN ONG  |  FRIDAY, 2 JUN 2017
... It bears the pressure of economic adjustment. To bring home this point, just look at what happened to the economies of the PIGS during the European sovereign debt crisis. Their economies bore the brunt of adjustment because they're bound by that single ...

Eurozone ascending

BENJAMIN ONG  |  WEDNESDAY, 24 MAY 2017
... the lowest rate in 8 years that, in turn lifted consumer confidence to its best level July 2007 (pre-GFC, pre-Grexit and PIGS, pre-European sovereign debt crisis days). The latest IHS Markit Flash Eurozone PMI survey indicates continued strong momentum ...

Road of no return

BENJAMIN ONG  |  WEDNESDAY, 25 NOV 2015
... recession (6 quarters of consecutive contraction at that) and instead of taming the sharp surge in the bond yields of the PIGS back then, it sent them higher and higher. This forced a policy turnaround as soon as November of that same year and now it ...

Gloom and doom news is good news

BENJAMIN ONG  |  MONDAY, 24 AUG 2015
... of last week's trading activity. This is the highest reading since the 30.59 printed way back on 8 December 2011when the PIGS' debt crisis sparked concerns over a euro break-up that in turn, threatened to push the whole wide world into a recession. Here's ...

Stirred but not shaken

BENJAMIN ONG  |  TUESDAY, 7 JUL 2015
... partners. They have hurt the credibility of the banking system and the country's dignity." "They are treating us like guinea pigs. We'd be better off leaving the Euro and returning to the pound." "Europe is for its people and not for Germany," one placard ...

The bad and the bad and the bad

BENJAMIN ONG  |  MONDAY, 20 APR 2015
... contagion. The numbers say it's not. Bad was back circa 2010-2012 - the time when Grexit would say jump and the rest of the PIGS would ask how high. The numbers of the past week say that contagion is now only in the minds of some finance scribblers. ...

Market Wrap AM

AAP  |  THURSDAY, 16 OCT 2014
... while Ansell holds annual general meeting in Melbourne. Anatara Lifesciences, which is creating a treatment for diarrhoea in pigs and humans using pineapple stems, is due to start trading on the ASX. In Australia, the market on Wednesday closed higher ...
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