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| | | ... of the fiscal year to June 2021 from around 42% at FY19 as a result of the wider fiscal deficits," Fitch said. "The authorities have frequently emphasised their commitment to fiscal prudence, although this comes against a steady rise in debt from 21.9% ... |
| | | | ... a majority shareholder in VX Fiber, which provides fibre-to-the-premises (FTTP) networks by partnering with local authorities, real-estate owners and investors. The firm did not disclose how much it paid for VX Fiber or the size of its interest. AMP ... |
| | | | ... the emerging second wave outbreak in Europe. While this has yet to trigger an aggressive "restriction" response from authorities, the renewed uncertainty has already sent safe-haven yen purchases up. The yen has appreciated by ¥104.84 per US1 - up 6.9% ... |
| | | | ... While the PBOC remains on alert, recent activity stats are easing pressure on both China's fiscal and monetary authorities. The annual growth in Chinese retail spending is back in the black, up by 0.5% in the year to August after spending five months ... |
| | | | ... all be "marines now" as Clint Eastwood's character Gunny Highway in the 1986 war film, central bankers, fiscal authorities, businesses and us, ordinary men and women, are learning to adapt, overcome and improvise. So much so that while the number ... |
| | | | ... rise and rise of the Australian dollar at a time when uncertainty is at its extreme - that even fiscal and monetary authorities put "extent and duration of the pandemic" caveats on their forecasts - and the global economy is in recession. The A$/US$ ... |
| | | | ... federal eviction moratorium that expired last month." But as with all other nations on terra firma, monetary and fiscal authorities will forever be dispensing handouts if the pandemic isn't put under control. |
| | | | ... assessment that "the economic downturn will not be severe as earlier thought". But with both Australian monetary and fiscal authorities on the case, we'll be right mate! |
| | | | ... than the 4.8% recovery in advanced economies. Like all other central banks and governments around the world, Eurozone authorities will be doing everything they can to get on top of the pandemic. But assuming they do, and the virus burns out or fades ... |
| | | | ... supported, including through expanded loan guarantees, accompanied by expedited insolvency procedures," the OECD said. "The authorities should be considering further stimulus that may be needed once existing measures expire at the end of the third quarter ... |
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