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Showing 491 - 500 of 911 results for "Deficit"

Bankruptcy could be bliss

BENJAMIN ONG  |  MONDAY, 13 FEB 2012
"Don't go talking too loud, you'll cause a landslide, Mr. Jones." - The Bee Gees, New York Mining Disaster The optimism that warmed financial markets for the best part of the first six weeks of 2012 has been dented by the comeback of the European sovereign ...

Enough of Greece

BENJAMIN ONG  |  THURSDAY, 9 FEB 2012
... implemented. And what have they got to show for it? Nada, zilch! In fact, according to the Wall Street Journal, "Greece's budget deficit for the first nine months of 2011 widened 15.1% from a year earlier, as revenues continued to fall despite the government's ...

The light, the light

BENJAMIN ONG  |  MONDAY, 6 FEB 2012
... jobs created in the more productive private sector and a reduction in the public sector (good for lessening the fiscal deficit). And oh, the unemployment rate dropped to 8.3% in January from 8.5% in the previous month. - This is the lowest in three years ...

Waiting for jobs

BENJAMIN ONG  |  FRIDAY, 3 FEB 2012
Financial markets are in one of those "waiting to exhale" moments again. But if one was so bold enough to ask, waiting for what? Waiting till the cows come home to roost? Whoops, sorry I think there's something wrong with my metaphor just there -- or ...

Market Wrap

AAP  |  WEDNESDAY, 1 FEB 2012
Australian stocks have opened slightly higher after mixed leads from offshore bourses kept investors wary ahead of the start of the local earnings season. Wall Street ended lower after US gross domestic product (GDP) data missed expectations - despite ...

Nikkei not nice

BENJAMIN ONG  |  WEDNESDAY, 1 FEB 2012
... this export-oriented economy. These factors have already resulted in Japan recording its first annual merchandise trade deficit - amounting to 2.49 trillion yen (US$32 billion) - in 2011. This is the country's first ever deficit in 30 years. And the ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 1 FEB 2012
The Australian market looks set to open higher, despite a mainly negative session on Wall Street overnight. At 0812 AEDT on Wednesday, the March share price index futures contract was up eight points at 4,234. In economic news on Wednesday, the Australian ...

Stirrings

BENJAMIN ONG  |  TUESDAY, 31 JAN 2012
... survive by austerity measures alone. Is Europa beginning to again embrace JMK? John Maynard Keynes and his government deficit spending model (during recession) had become so unpopular over the past few years because "it only got us deeper in debt". But ...

NAB injects £130 million into UK Pension Fund

CLAIRE MCGREAL  |  FRIDAY, 27 JAN 2012

Aus can deal with another GFC: Shorten

CLAIRE MCGREAL  |  THURSDAY, 19 JAN 2012
Assistant Treasurer Bill Shorten says Australia is not in the same boat as Europe and is better placed to deal with another worldwide recession. The World Bank yesterday declared the global economy had entered a "dangerous period", warning it could ...