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Showing 31 - 40 of 52 results for "US Budget"

Return to surplus may hit big business

MELANIE TIMBRELL  |  TUESDAY, 8 MAY 2012
Likely cuts in concessions to business and a rushed return to surplus risks damaging softer sectors of the economy, according to Yasser El-Ansary, general manager, policy at the Institute of Chartered Accountants. "We have a strong economy, but a strong ...

Market Wrap - Morning

AAP  |  TUESDAY, 22 NOV 2011
... October 10. European and US stocks closed down sharply overnight amid an apparent failure to reach a deal on cutting the US budget deficit and to extend stimulus measures into next year. London's FTSE-100 gave up 2.62 per cent, Frankfurt's DAX lost 3.35 ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 13 JUL 2011
... Shares in Hong Kong closed down more than three per cent as traders fretted over European sovereign debt as well as the US budget impasse. The benchmark Hang Seng Index shed 3.06 per cent, or 684.07 points to 21,663.16. WELLINGTON - New Zealand's market ...

Thanks S&P

BENJAMIN ONG  |  WEDNESDAY, 20 APR 2011
... Uncle Sam's ability to payback its debt obligations. A growing economy puts more revenues in government coffers. The US budget was able to turn a deficit running at 4.6 per cent of GDP in 1992 to a surplus - yes, a surplus - of 2.4 per cent of GDP back ...

Much ado over a known known

BENJAMIN ONG  |  TUESDAY, 19 APR 2011
... at the latest "Trade, exchange rates, budget balances and interest rates" table in the "The Economist" shows that the US budget deficit is forecast to come in at 9.9 per cent of GDP this year and Britain at 9.0 per cent. Certainly, America's deficit ...

Lookin' good

BENJAMIN ONG  |  THURSDAY, 11 NOV 2010
... jumped 6.0 per cent over the month 53.0 per cent in the year. You want more good news? The US Treasury reported that the US budget deficit dropped to US$140.4 billion in October from US$176.4 billion a year ago. And why is this so? This is because of ...

QE2 or bust

BENJAMIN ONG  |  TUESDAY, 19 OCT 2010
... very little time to bring the deficit back to manageable levels. And from the usgovernmentspending.com website, the US budget even went into surplus in late 1940 to early 1950. But alas! There's no World War in the horizon. Now it's up to the central ...

Do nothing budget

BENJAMIN ONG  |  WEDNESDAY, 12 MAY 2010
"Those looking for a big spending pre-election budget won't find one." This is what Australian Federal Treasurer Wayne Swan told Parliament on Budget night. And he wasn't kidding. Sure there were a few government giveaways... a few takes, but compared ...

The retaking of Dow 11000

BENJAMIN ONG  |  WEDNESDAY, 14 APR 2010
... company profit forecasts, etcetera, etcetera. Market sentiment has changed. Last night, no one gave a crap about the US budget deficit and its ballooning government debt or that Greece's problems are not yet over or China is still manipulating its currency ...

More of the same

BENJAMIN ONG  |  THURSDAY, 11 MAR 2010
... I saw was the same old, same old sprinkling of negative news interspersed with the positive. There was news that the US budget deficit rose to a record US$221 bil in February - a 13.9 per cent increase from the same month last year. The latest numbers ...