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Showing 501 - 510 of 911 results for "Deficit"

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BENJAMIN ONG  |  TUESDAY, 17 JAN 2012
... costs, leads to promises (adhered to or not) for more fiscal austerity, leads to slower growth/recession, leads to higher deficit (because government revenues drop), leads to ratings downgrades. The financial volatility and uncertainty that accompany ...

Market Wrap - Morning

AAP  |  MONDAY, 16 JAN 2012
... force France's borrowing costs up at a time when it has already been forced to impose austerity measures to control its deficit, and is a political humiliation for President Nicolas Sarkozy. The single currency fell back to $US1.2638, a 16-month low ...

Plan 5 and counting

BENJAMIN ONG  |  MONDAY, 12 DEC 2011
... compliance is not specified, but will be determined by the EC. A, Automatic "consequences" (unspecified) if the Excessive Deficit Procedure limit of 3% of GDP is breached and greater budget oversight by the EC. More detailed proposals on fiscal integration ...

PIGS!

BENJAMIN ONG  |  WEDNESDAY, 7 DEC 2011
... credit watch, investors don't want to buy country A's debt issuances, its borrowing cost rise making it harder to fund deficit and debt, economic growth slows/contracts, making it harder to fund deficit and debt, country A downgraded. S&P was right! ...

Half-filled empty glass

BENJAMIN ONG  |  WEDNESDAY, 30 NOV 2011
"It's beginning to look a lot like Christmas, everywhere you go." Oh yes Virginia, happy days have come back. Wall Street's up, Europe's up, Asia and Australia are up and up. Scan through the headlines and you get the impression that though all remains ...

Treasury predicts growth, $20b revenue loss

CLAIRE MCGREAL  |  TUESDAY, 29 NOV 2011
... higher payments, including funds to the Queensland flood recovery effort, as well as global economic conditions for the deficit. Real GDP is now expected to grow by 3A1/4 per cent in 2011-12 and 2012-13, downgrades of A3/4 of a percentage point in 2011-12 ...

Market Wrap- Morning

AAP  |  WEDNESDAY, 23 NOV 2011
... progressed. HONG KONG - Asian markets were mixed after a US committee charged with finding a deal to cut the nation's huge deficit said it had failed, while worries over France's credit rating also depressed sentiment. Investors extended the broad sell-off ...

Lookin' for trouble

BENJAMIN ONG  |  TUESDAY, 22 NOV 2011
... stable outlook. "Super" trouble in America. After months of blahs, it looks like the US Congress' "supercommittee on the deficit" is expected to announce today that it has super failed to reach a deal in time for Wednesday's deadline. Democrats and Republicans ...

Market Wrap - Morning

AAP  |  TUESDAY, 22 NOV 2011
... 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 per cent ...

Market Wrap- Midday

AAP  |  MONDAY, 21 NOV 2011
... Wall Street on Friday, markets closed mixed as the unresolved eurozone crisis and news of a deep split in the US Congress deficit supercommittee clouded positive economic data. The Dow Jones Industrial Average rose 25.43 points, or 0.22 per cent, to ...