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Showing 641 - 650 of 911 results for "Deficit"

Market Wrap - Midday

AAP  |  THURSDAY, 13 MAY 2010
... 4,640 points, on volume of 16,894 contracts. CommSec market analyst Juliette Saly said news that Spain planned to cut its deficit and local employment figures had supported the market. Australia's unemployment rate was a seasonally adjusted 5.4 per cent ...

Pain in Spain

BENJAMIN ONG  |  THURSDAY, 13 MAY 2010
... economic growth means reduced government revenues. Reduced government revenues means slower progress on reducing the fiscal deficit. The good news is that the European Union and the International Monetary Fund has money on the ready while Spain and other ...

Do nothing budget

BENJAMIN ONG  |  WEDNESDAY, 12 MAY 2010
... earlier than predicted. What can you say with a Budget like this except... wow! Particularly given the backdrop of budget deficit mayhem that is currently pummelling Europe. The rest of the world has every reason to be envious. After dodging recession ...

Knee-jerk reaction to late action

BENJAMIN ONG  |  WEDNESDAY, 28 APR 2010
... in trouble with my friends at Standard & Poor's again. Surely, nobody expected an upgrade -- not with Greece's budget deficit at 13.6 per cent of a shrinking national output. Not with more cuts in spending and public and private sector work stoppages ...

Seek and thou shalt find

BENJAMIN ONG  |  TUESDAY, 27 APR 2010
... regulation is lightest." Seek and thou shalt find. There's Greece... and Ireland, and Portugal and Spain... and all other high deficit and heavily indebted sovereign countries. But is a country still a sovereign if creditors dictate its policies? Come ...

Liar

BENJAMIN ONG  |  FRIDAY, 23 APR 2010
... Union's official Statistician - called it a liar. Eurostat revealed last night how it discovered that Greece's 2009 budget deficit was 13.6 per cent of GDP - higher than the government's own forecast of 12.9 per cent just two weeks ago and Eurostat's ...

Market Wrap - Morning

AAP  |  FRIDAY, 23 APR 2010
... news about Greece. The country's borrowing costs surged again when Europe's statistics agency found that Greece's budget deficit last year was even larger than previously thought. Greece's debt crisis has undermined confidence in Europe's shared currency ...

The retaking of Dow 11000

BENJAMIN ONG  |  WEDNESDAY, 14 APR 2010
... 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 or ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 14 APR 2010
... settled up 0.82 point (0.07 per cent) at 1,197.3. Investors earlier appeared to take in their stride news that the US trade deficit had widened in February to $US39.7 billion ($A42.91 billion). The deficit was slightly more than the $US38.5 billion that ...

Strong one, says yield curve

BENJAMIN ONG  |  MONDAY, 12 APR 2010
... government debt. It could be all three, but the last one is gaining more prominence. Particularly if you consider that the US deficit has now ballooned to US$1.4 trillion. It could also be reflective of the Fed's completion of its purchase of $US1.25 ...