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Showing 591 - 600 of 911 results for "Deficit"

When everything went wrong

BENJAMIN ONG  |  WEDNESDAY, 24 NOV 2010
... authorities who are signing the bailout contract - yes, this will include various clauses involving measures to reduce the deficit (ouch!) - may not be the ones to implement them next year. Irish Prime Minister Brian Cowen announced that he would call ...

Chireland hurdled

BENJAMIN ONG  |  MONDAY, 22 NOV 2010
... financial markets were factoring in at the time. Noticed anything? No Ireland! It was good. It had already been implementing deficit reduction measures at the time. Now it seems that Ireland alone would need around 30 times the a,-3.5 billion the CEBS ...

Awakening from summer slumber

BENJAMIN ONG  |  FRIDAY, 19 NOV 2010
... conjunction with other economic data such as the rebound in consumer confidence and retail spending, a narrowing trade deficit and on-going strength in the ISM indices, leaves little doubt that the US economy is moving upwards and onwards. And in case ...

Thanks but no thanks

BENJAMIN ONG  |  TUESDAY, 16 NOV 2010
... choice but to extend his predecessor's tax cuts - reportedly by another two years. And that spells D-E-F-I-C-I-T. And deficit is no good for the bond market either. Just ask Alan Greenspan. Speaking at NBC's Meet the Press, Greenspan warned that "We've ...

Lookin' good

BENJAMIN ONG  |  THURSDAY, 11 NOV 2010
... in labour market going forward. The weaker US dollar is having a positive impact in the US external account. The trade deficit narrowed to US$44.0 bil in September against US$46.5 bil in the previous month and expectations of US$45.0 bil. This should ...

The Cup, the RBA and the Fed

BENJAMIN ONG  |  MONDAY, 1 NOV 2010
... Aussie strength to remain. This would make our exports more expensive in the international markets and increase our trade deficit. A trade deficit is a negative contributor to growth. Hey, that's another case for not tightening tomorrow! The other choice ...

QE2 still the main game

BENJAMIN ONG  |  TUESDAY, 26 OCT 2010
... not what he does. For what America have and does are policies designed to weakened the greenback. It has a huge trade deficit. Eco 101 dictates a weaker currency to balance this. It has ultra low interest rates. Fin 101 says funds would flow out of the ...

G-20 gabfest at Gyeongju

BENJAMIN ONG  |  MONDAY, 25 OCT 2010
... suggested limiting current account imbalances to four per cent of GDP. This was shot down from the get go. Easy for a deficit country like America to propose but no one at the table really expected trade surplus countries like China, Japan, Germany or ...

UK fast tracks pension reforms

JOHN MCDULING  |  THURSDAY, 21 OCT 2010
... government hopes to save 5 billion a year through the reforms to resolve the country's fiscal imbalances. The UK's 2009/10 deficit stood at 11.4 per cent of GDP, with the national debt over 70 per cent of GDP. Meanwhile, across the English channel, rioting ...

Money, money, money

BENJAMIN ONG  |  THURSDAY, 21 OCT 2010