Sentences with phrase «damaging to the economy in»

Not exact matches

Unfortunately, the plan amounts to what's practically a textbook case in damaging, unintended consequences for the U.S. economy and consumers.

In a matter of moments, the Boston Marathon bombings inflicted as much as $ 333 million in damage to the local economIn a matter of moments, the Boston Marathon bombings inflicted as much as $ 333 million in damage to the local economin damage to the local economy.

I think it's time for a new approach: keep in mind that the economy has its ups and downs, and by investing wisely, you can reduce the damage a downturn can do to your business or career.

«The steps that are being taken to re-inflate the consumer market of the developed world are likely to cause heavy inflation in the near - term, which will do further damage to the world economy.

In terms of the global impact of the crisis, execs said the damage to Japan was big enough to change fundamental forecasts for the world economy, giving the statement a 4.2.

He went on: «New barriers to trade are being imposed right when they can do the most damage to our economy by boosting inflation, which in turn will force the Federal Reserve to tighten faster than it might otherwise need to.»

Flake said he would immediately draft and introduce legislation to nullify the tariffs, «and I urge my colleagues to pass it before this exercise in protectionism inflicts any more damage on the economy.»

* The uncertainty being generated by U.S. trade tariffs is already hurting investment in the global economy and could do serious damage to world growth, European Central Bank policymaker Francois Villeroy de Galhau said on Tuesday.

It is the rare combination of a simultaneous impact of hugely restrictive fiscal policies, gravely damaged channels of financial intermediation and crippling trade imbalances in especially depressed segments of the world economy - the euro area - where there is an obvious need for a strong stimulation of domestic demand in countries of that region whose trade surpluses range from 2 percent to nearly 9 percent of gross domestic product (GDP).

«It is likely the economy was in recession in the first half of the year,» thanks to the damage from a collapse in oil and commodity prices that has persisted since 2014, senior economist Randall Bartlett said in a note to investors Monday.

It was a direct signal to Canadians that the government was worried about a housing collapse that would damage the economy in a similar way to the US collapse in 2008; something the Bank of Canada is still worried about today.

Global Risks: A Roadmap for Business in a Changing Economy What risks are lurking on the global horizon, failing to draw our full attention but capable of inflicting great disruption and damage?

Left unchecked, these events had the potential to lead to a widespread retreat from risk - taking by investors, damaging the recovery in the world economy.

These crises began in the emerging world and caused very substantial damage to the economies and financial systems of a large number of emerging market economies.

High interest rates in the defence of the exchange rate were more damaging to these vulnerable economies because of their high corporate leverage.

The astonishing ability of the China bulls, both foreign and Chinese, to celebrate every unexpected decline in growth and every new surge in debt as if they somehow justified nearly a decade's worth of denials of the urgency of China's rebalancing has done so much damage to China that the sooner Beijing's leaders finally turn against the bulls, as I believe they might finally have done, the better for the Chinese people and the Chinese economy.

The prospect of a damaging economic confrontation between the world's two largest economies has loomed in recent weeks, as the Trump administration threatened China with steep tariffs and China promised to retaliate with similar trade measures.

«Damage from a major dike failure could be in the tens of billions of dollars, with very serious effects to the economy of this region, British Columbia and all of Canada due to the impact on the transportation of goods and services,» said Pitcairn.

«Add to all this the selling by central banks (reserve managers) in emerging economies and a slow shift to lower duration benchmarks, and the result resembles for now a «technically damaged,» asset class,» El - Erian writes.

«If he doesn't push the U.S. economy into recession by slashing public spending, Canada's exports might end up as collateral damage in his push to increase protectionism.»

«It boggles my mind that this president — any president, really — would voluntarily choose to damage one of the fastest - growing segments of our economy,» said Tony Clifford, chief development officer for Standard Solar in Rockville, Maryland.

If there's a bright spot for the province, however, it's that the ongoing disruption of Alberta oil sands production — estimated by the Conference Board of Canada to be about 1.2 million barrels a day, comprising nearly $ 1 billion in economic activity — has contributed to a rally in global oil prices that could give producers, and therefore the Alberta economy, a badly - needed lift once production is finally back on - line (assuming, of course, the fires are eventually extinguished and oil sands operations escape serious damage).

The gas projects have encountered somewhat less opposition, in part because of the perceived lower environmental damage from a gas pipeline or tanker accident, but also because the economic fundamentals of gas exports provide more benefits to the local economy because much of the gas will come from BC fields and the need for construction and operation of LNG facilities on the coast.

The run - up in credit growth and the associated boom in house prices in recent years presented two implications for the economy: they tended to boost growth in the short term, but carried the risk of a damaging correction if they continued too long.

-- FOMC minutes show uncertainty and concern about markets are affecting officials» decision - making — Officials were cautious when evaluating market conditions and the «damaging effects on the economy» — Worry about «potential buildup of financial imbalances» and a sharp reversal in asset prices» — Members seem oblivious to impact of inflation on households and savings — Physical gold and silver remain the only assets for real diversification and safety

The modest outperformance in growth in the Canadian economy is arguably reflective of the relative damage that the financial crisis brought to the US housing and financial sectors, and also is reflected in the higher current level of policy rates in Canada (the Canadian overnight lending rate is currently 1 per cent, compared to the US Fed Funds target rate of 0 to 0.25 % per cent).

In the legislature, Trevena and fellow New Democrats pressed the B.C. Liberals for answers after an economic impact study by the City of Prince Rupert found that the government's ferry service cuts could cause «serious and widespread damage to the northern B.C. economy.»

And one of the rare progressive tax proposals to outline an actual tax structure in Illinois would hike income taxes on residents earning as little as $ 17,300, inflicting serious damage on an already - weak state economy.

Albertans will decide in the end but the fact is that if they do not allow Rachel Notley to gradually move this province to a smarter economy, we will be damaged beyond repair for years to come.

Margaret Thatcher's famous quote on socialism is now being played out in Alberta and it is doing substantial damage to Alberta's economy and our reputation in the investment world.

Analyses of media coverage have noted that business sources were overwhelmingly cited in stories rather than labour sources, negative impacts on employers were over-reported relative to positive impacts for workers and research findings were misreported to create the impression of damage to the economy.

Hurricanes which hit Texas, Florida, and Puerto Rico affected economic activity in late 2017, and damage from California wildfires is yet to be assessed, but PNC economists expect the economy will bounce back.

«While further problems are likely to emerge in Russia's banking sector, we doubt that these will cause significant damage to the economy,» he wrote in a research note.

After experiencing the crushing humiliation of the ten plagues which culminated in the anguishing loss of his firstborn son, Pharaoh damages the economy and productivity of Egypt by finally allowing the Israelites to leave Egypt, only to change his mind and chase after them in hot pursuit, which leads to the decimation of his army in the Red Sea.

The first step in redirecting the economy toward sustainable economic well - being and away from damaging forms of growth is to stop taking new steps directed toward destructive growth.

He clearly opposes the present steps toward the globalization of the economy, for he believes that it will damage the poor in developing countries, reduce the political will to upgrade welfare in the United States, make it more and more difficult for political power to control the corporations, and most particularly exacerbate those pressures for growth that will degrade the environment.

«The pound has sunk in value thanks to the Government's appalling mishandling of Brexit negotiations — a sign of the damage leaving the EU will do to our football clubs and our economy.

Typically men in their fifties and sixties, they hold jurassic attitudes to work and family life that are blighting the lives of millions of children, not to mention damaging the economy.

When the people you try to befriend behave themselves like that towards you (meddling in your internal affairs, massively damaging your economy and possibly preparing for a government overthrow, breaking their promises and making your fears come true) then you would distance yourself from them as well, right?

«It's essential that bonuses don't result in people being encouraged top take on more and more risk without understanding the damage that might be done, not just to their bank, but to the rest of us in the wider economy.»

Meanwhile, Bayelsa Elders Council, which met in Yenagoa to review the recent spate of bombings and vandalisation of oil and gas pipelines, called on the perpetrators to desist forthwith in view of inevitable damage it may cause the economy of the states of the region and the nation, especially at a time the country was grappling with falling crude oil price.

The possibility of our leaving the EU has already led to a sharp fall in the pound, because the markets judge that it will damage our economy.»

[53] According to a Bloomberg report George Osborne said at the meeting of the G - 20 finance ministers in Istanbul: «A Greek exit from the euro would be very difficult for the world economy and potentially very damaging for the European economy.»

The threat of a hard Brexit without any replacement non-WTO arrangements in place could do lasting permanent damage to the food industry and our economy.

Many - not all - believe aid provided earlier can sometimes prevent larger and longer term damage to a national economy by preventing long term unemployment and loss of job skills and prevent a lack of investment in infrastructure, health, and education.

The Chancellor risks doing damage to the British economy in his bid to win this political campaign.»

«It is unfortunate that the counties» failed attempt to destroy the Nation's economy has already costs the taxpayers over $ 250,000 in legal fees,» It goes on to say, «The Nation will now proceed with its claim for damages arising from the spoilage of over half a million dollars worth of its cigarette inventory which the counties seized in November of 2008 and refused to return, notwithstanding the fact that the Nation offered a stipulation that would have allowed return of the cigarettes prior to their spoilage.

Policies contained in the Green Party manifesto would inflict severe damage to conservation while wiping # 2 billion from the economy every year.

And to do that we need to do three things: get the country's spending in check with firm financial controls, raise money for targeted investment in much needed infrastructure; and see us diversify the economy from a damaging dependence on oil.»

The push in Congress to overhaul the nation's taxes could «dramatically» hurt Puerto Rico's economy, Gov. Andrew Cuomo said this weekend during a trip to the island to survey storm damage.