Sentences with phrase «crisis hit our country»

Not exact matches

Now, the country needs to prove it can do it again — before the next unforeseen financial crisis hits.

One of the countries hit hardest by the 2008 financial crisis, Iceland has lately enjoyed an economic rebound fueled by a tourism boom.

And the policy failures that led to the 2008 financial crisis caused hits to workers» wealth and income all over the country.

And despite America's spending habits, the greenback is still seen as a safe haven whenever financial crises — including ones caused by Americans — hit because most major countries want to maintain the value of their national reserves, which include dollar - denominated assets.

In European countries hit hardest by recent financial crises, such as Greece and Portugal, incomes have of course fallen sharply in recent years.

«The bank's president, Mario Draghi, conceded Thursday that the eurozone's debt crisis had led to a generalized economic slowdown, hitting even the strongest countries in the region,» The Wall Street Journal reported.

Billions of euros were withdrawn from accounts in Greece and Spain and banks in stable countries such as Germany put a cap on the amount of money they were willing to lend business partners in countries hit hardest by the euro crisis.

New numbers indicate that trust is returning to banks located in countries that have been hit hardest by the euro crisis.

A future German inflation rate above the eurozone average could be part of a natural adjustment process as crisis - hit countries pulled themselves out of recession, the Bundesbank argued in evidence to German parliamentarians submitted on Wednesday.

Greece's prime minister says the crisis - hit country's economy could see growth of between 2.5 percent and 3 percent in two years» time.

The Bundesbank, the most hawkish of central banks, has signalled it would accept higher inflation in Germany as part of an economic rebalancing in the eurozone that would boost the international competitiveness of countries worst - hit by the region's debt crisis.

If he goes, he'll be in good company: Almost every crisis - hit European country that has held an election since disaster struck in 2009 has thrown out its...

This has particularly been the case in those countries that were worst hit by the Asian crisis, such as Indonesia and Thailand.

Unlike other crisis - hit countries such as Spain and Greece, Italy has yet to implement major economic overhauls or to push down labor and other business costs to levels that would make its industries more competitive abroad.

In the case of Asia, credit ratings for those countries hardest hit by the financial crisis of the late 1990s still remain below the ratings recorded immediately prior to the crisis (Table 6).

The danger the United States faces today is that the government debt crisis scheduled to hit Congress next spring (when Republicans are threatening to vote against raising the federal debt limit as the government deficit soars) will provide an opportunity for the wealthy to give a coup de grace on what is left of progressive taxation in this country.

This explains why the crisis has spread since 1997, beginning in the emerging countries of Asia which were hit one after the other through a domino effect, and their ailment then being transmitted to the rest of the world, starting with Japan, then the United States, then more recently Europe, Russia and the European Union.

World Vision is the latest Christian charity to be embroiled in allegations that aid workers paid for sex in crisis - hit countries.

Arsenal's Alex Oxlade - Chamberlain has been impressing for club and country this season, especially since this injury crisis hit the Gunners, but his Arsenal and England team - mate Jack Wilshere has made it clear that once Theo Walcott is back to full fitness, the Ox will have to be relegated to the bench.

The future of football in Greece has been quite bleak due to several political and financial crisis that had hit the country.

On the contrary, a key role was played with by European Council and by a few member states in a fully intergovernmanental manner, by the Troika — composed by the IMF, the ECB and the European Commission -, and by the ECB which played a crucial role in avoiding the rise of crisis - hit countries borrowing cost, but without any democratic mandate.

The African average growth rate predicted by the world bank and IMF is 3 per cent and for Ghana they predict 3.3 per cent, I'm more bullish, I believe that Ghana will grow closer to 4 per cent, maybe between 3.8 and 4 per cent, and we predict that in 2017, Ghana's economy is going to grow by about 6 per cent, and, so, this country is doing well, we have resolved the power crisis, we've been able to match demand to supply and so the electricity crisis that hit us is gradually becoming a thing of the past.

He, however, failed to state clearly if shutting down the FPSO will cause another power challenge; as Ghanaians recently came out of a power crisis that hit the country for nearly four years.

Entering 2009, Portugal was strongly hit by the effects of the financial crisis that was shaking the global economy, and, therefore, the country entered in a recession.

Tory cuts and privatisation plans will poison crisis - hit service and deepen country - wide crisis, Andy Burnham warns

Nick Clegg has visited flood - hit Pakistan, lamenting the slow global response to the crisis and predicting a long road ahead for the country's recovery.

While there are official standards that a country must meet to be eligible for membership they aren't always enforced if the political will to accept them is there (for example it was an open secret that Greece was cooking its books long before any crisis hit but nobody cared) and some countries can get all sorts of special deals (just look at the UK) too.

He said the former chancellor could «take pride» that he «helped steer our country through the worst financial crisis to hit the world in living memory», adding: «His was a calm head when calm heads were needed.?»

Students of the University of Ghana were charged GHc100 each towards the purchase of power plants for the school at the height of the power crisis that hit the country two years...

Johnson said that when the crisis hit Britain's debt was the second lowest of any G7 country, that debt interest levels were 15 % lower than when Labour came to office and the interest rates on UK debt had been falling since the beginning of the year.

But the debt crisis hitting the euro zone and the United States makes it unlikely those countries will provide more aid or impose new measures that could hurt their growth prospects.

BARCELONA, SPAIN — The Spanish government has announced plans to raise the country's overall public R&D budget by 8.3 % in 2018, from $ 6.5 billion to $ 7 billion — the biggest hike since the economic crisis hit Spain in 2008.

Moringa tree is a plantfood of high nutritional value, ecologically and economically beneficial and readily available in the countries hardest hit by the food crisis.

REUTERS — Oct 16 — Singapore's bridal agencies are seeing slowing business as the financial crisis and a looming recession hit love in the country.

While Little Woods hits on some of the most important issues facing our country today (health care, rural poverty, abortion rights and access, the opioid crisis), DaCosta commitment to focusing on characters first turns an important movie a deeply personal and intimate film.

BRICS and other developing countries have not decoupled in any meaningful sense, and once the current liquidity - driven investment boom subsides the developing world will be hit hard by the global crisis.

Overall those two states have not been hit as hard by the economic crisis as some other parts of the country.

As you know, the student loan crisis has hit many young Americans very hard and with over 1.3 trillion dollars of student loan debt and more than 40 million Americans currently living with this burden, it is undoubtedly having an impact on the entire country.

Albertans in particular have been hit the hardest with commodities, oil and gas stocks collapsing to 2008 financial crisis levels, real estate prices stagnating while the rest of the country tests new all - time highs, and now two impending tax increases thanks to those voting for change in the provincial and federal elections.

The event was launched in 2009 to help animal shelters across the country hard hit by the economic crisis.

Arteaga told Reuters: «The crisis has hit hard... people are abandoning their dogs because they can't afford food and because they're leaving the country.»

Liberia faces many problems — recovering from a terrible civil war, a high unemployment rate, poor infrastructure, and low literacy, the country was most recently hit by the Ebola crisis of 2014 that killed more than 4,000 people nationwide.

It calls for better crisis management and contingency planning (including early warning systems and evacuation), reconstruction planning, and international collaboration, especially when poor countries are affected (or when small countries are hit, since for them it can be the entire national economy that is stalled by a flood, making them unable to manage the recovery and reconstruction).

«The head of the Green Climate Fund had called for up to $ 15 billion — an amount itself pegged to suit the politics of developed countries, not the needs of developing countries in the face of the climate crisis,» said Karen Orenstein of Friends of the Earth U.S. «But developed countries did not even hit the $ 10 billion mark, an amount considered the lowest threshold for political momentum.

On 15 June the IMF began its first appraisal of the crisis - hit country's $ 40bn (# 25bn) rescue package after months of negotiations between the Ukrainian government and its creditors.

Ireland's legal services market has proved more resilient than initially feared in the aftermath of the financial crisis, which hit the country hard.

As a result, a large swathe of the country's lending and servicing system could implode when the next crisis hits.