Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 691 - 700 of 911 results for "Deficit"

Mickey money

BENJAMIN ONG  |  MONDAY, 16 NOV 2009
... in the previous month and expectations for a rise to 71.0. They also distracted Wall Street from news that the US trade deficit grew to a bigger-than-expected US$36.5 billion in September from US$30.8 bil in August. But behind the curtains, the Fed has ...

Dollar dilemma

BENJAMIN ONG  |  THURSDAY, 12 NOV 2009
... be shot. But what's USA Inc. to do? USA Inc. could sharply reduced its spending. This would slow the rise in its budget deficit and ease foreign investors' worries but...cause disaster for the domestic economy. Foreign investors worry. USA Inc. could ...

Super about national not personal savings: Morgan

RUTH LIEW  |  WEDNESDAY, 11 NOV 2009
Australia's growing current account deficit will inevitably lead to further policy action to increase national savings and the super industry will play a key role, said David Morgan, former chief executive of Westpac. Morgan told the ASFA conference ...

Weight in gold

BENJAMIN ONG  |  TUESDAY, 10 NOV 2009
There's a new twist in the tale of what we thought to be the ended saga of the GFC. The US equity market's - and by extension most other stock market's - performance over the past few weeks perfectly underscored what I've been trying to convey in my ...

Stuck at zero

BENJAMIN ONG  |  THURSDAY, 5 NOV 2009
... 'dud' investment. Make it attractive by offering higher rates? Sure, if it has the werewithal to pay. But with USA Inc's deficit running at 12 per cent of GDP and rising, how? And this would serve as a drag on economic activity further eroding its ability ...

Back on the road again

BENJAMIN ONG  |  FRIDAY, 30 OCT 2009
... flowers in your hair." Government expenditure? How are we going to pay for the US$1,400,000,000,000 -- and growing -- budget deficit? Taxes will increase sharply in the future and welfare services sharply reduced. Pooped! What's the alternative? For ...

Too big to fail

BENJAMIN ONG  |  TUESDAY, 20 OCT 2009
... America down the road - when the stimuli are unwound. Take for instance last Friday's report showing that America's budget deficit soared to US$46.61 billion in September, bringing the total FY 2009 deficit to US$1,417,121,000,000. This accounts for ...

Pleasant and nasty

BENJAMIN ONG  |  MONDAY, 19 OCT 2009
... diminishing. (Although this is also caused by worries over the massive US dollar supply and concern over the growing US budget deficit - but that's beside the point). Whereas demand for risky ones - equities, commodities, corporate credit and commodity-based ...

The shrinking big dollar

BENJAMIN ONG  |  MONDAY, 12 OCT 2009
... repeat seems strange. For sure, the weaker US dollar is aiding recovery in the US. Weekend reports show that the US trade deficit fell to US$30.71 billion in August from US$31.85 bil in the previous month, with exports growing for the fourth straight ...

Of population growth and surpluses

BENJAMIN ONG  |  MONDAY, 21 SEP 2009
... a A$6 billion dividend to the government is welcome news as this would go a long way in reducing the 'forecast' budget deficit resulting from stimulus programs to counter the GFC. Then there's also the government's forecast that there would be over 35 ...