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Showing 411 - 420 of 911 results for "Deficit"

Market Wrap

AAP  |  MONDAY, 19 NOV 2012
... Shares opened lower but took a jump upwards as the White House opened talks with congressional leaders on closing the deficit and averting the harsh tax hikes and spending cuts slated for January 1. The Dow Jones Industrial Average finished up 45.93 ...

Market wrap PM

AAP  |  FRIDAY, 16 NOV 2012
... he thought investors were waiting for an announcement out of the US to provide more certainty about tackling its budget deficit issues, including the pending fiscal cliff. The "cliff" refers to worries about a recession affecting the country if planned ...

Spain here we come

BENJAMIN ONG  |  THURSDAY, 15 NOV 2012
... (2011) -- before soaring to 69.3% by 2011. Spain's had a budget surplus of 2% of GDP five years ago that turned into a 9.4% deficit by 2011. The Mid-Year Economic and Fiscal Outlook (MYEFO) forecast a A$1.1 billion surplus in 2012/13, roughly 0.1% of ...

Ten-year future vs. 10-minute tick

BENJAMIN ONG  |  TUESDAY, 13 NOV 2012
... of the envelope calculation shows that if the US did not import oil at all this year, it would have lowered its trade deficit by around 60% and boosted growth by between 1.5% to 2.0% in the year to the September quarter. And that's just when it stops ...

Market Wrap - PM

AAP  |  MONDAY, 12 NOV 2012
... used to describe a raft of tax measures and cost reductions that will automatically come into effect to avoid a massive deficit blow-out. US stocks closed slightly higher on Friday after upbeat consumer confidence data shaved an edge off economic fears. ...

Fool me not again

BENJAMIN ONG  |  MONDAY, 12 NOV 2012
... because of 'fiscal cliff' worries despite better-than-expected jobless claims - positive for the labour market - trade deficit (to its lowest level since December 2010) in September as exports increased by 3.1% to record levels (other countries increased ...

The song remains the same

BENJAMIN ONG  |  FRIDAY, 9 NOV 2012
... faces $1.2 trillion in mandated spending cuts and tax increases starting Jan. 1 if Congress can't agree to reduce the deficit, which totaled $1.09 trillion in fiscal 2012. The Congressional Budget Office has said the world's biggest economy would slow ...

Political punch trading greatest risk to US economy

MARK SMITH  |  WEDNESDAY, 7 NOV 2012
... growth than the last. The major problem facing the President-elect is just how to tackle the $1.1 trillion federal budget deficit and the looming spending cuts and tax hikes threatening to push the US back into recession. "These changes are clearly the ...

A week full of question marks

BENJAMIN ONG  |  MONDAY, 5 NOV 2012
... expectations for only a 120K gain. There were 30K less public sector jobs in October - also good for it reduces Uncle Sam's deficit bill. Even the unemployment rate's tick up to 7.9% from 7.8% is also good because this reflected the increase in the participation ...

Good not great but getting better

BENJAMIN ONG  |  FRIDAY, 2 NOV 2012
... reports out of Europa lately, reports that concern the problem country of the day -- Spain. Spain's central government deficit narrowed to 4.4% of GDP in the January-September period from 4.8% in January-August. Also, the Bank of Spain reported that ...