Sentences with phrase «economy contracted at»

In its monetary policy report, the Bank of Canada forecast the economy contracted at an annual pace of 0.5 per cent in the second quarter compared with its April forecast for growth at a pace of 1.8 per cent.

The world's third - largest economy contracted at a 1.6...

Not exact matches

The government forecasts the economy will grow 4.5 - 5.5 percent this year, although expectations are for the figure to come at the low end of the range, in danger of its slowest growth since 2009, during the Global Financial Crisis, when the economy contracted.

The government forecasts growth of 4.5 - 5.5 percent this year, although expectations are for the figure to come at the low end of the range, putting Malaysia in danger of its slowest growth since 2009, during the Global Financial Crisis, when the economy contracted.

However, fresh data released Friday showed the U.S. economy shrank in the first quarter, contracting at an annual rate of 0.7 per cent.

At first glance this seems to reflect the Fed's ideology that manipulating the interest alone can expand or contract the economy — as if it is like a balloon, with its structure is pre-printed on it, to be inflated or deflated at will to control the level of activitAt first glance this seems to reflect the Fed's ideology that manipulating the interest alone can expand or contract the economy — as if it is like a balloon, with its structure is pre-printed on it, to be inflated or deflated at will to control the level of activitat will to control the level of activity.

Arguably, a contracting economy would decrease the tax base, increasing the budget deficit while at the same time decreasing the domestic market's ability to buy treasuries, leading to a larger trade deficit.

The admission by Bob Diamond, disgraced former Chief Executive of Barclays Bank that the bank has behaved in a «reprehensible manner» and profited hugely at the expense of both its customers, the public purse and, potentially, the global economy is surely sufficient justification for cancelling the contract.

Speaking at a lecture titled, «The State of the Ghanaian Economy — A Foundation of Concrete or Straw», chaired by Former President John Agyekum Kufuor, Dr. Bawumia among others accused government of failing to put to good use the huge loans it has contracted.

Superficially respectable growth figures disguise an economy that is stagnating, at best, or even contracting again, according to the latest data from the Office for National Statistics.

Earlier, the Commissioner for Tertiary Education, Science and Technology, Dr Amina Ahmed said the project was awarded at an initial contract sum of N690, 977,860.52 but revised to N1, 052,712,252.49 due to the down turn of the national economy and the consequent hike in foreign exchange.

It is possible that the price drop of BHP was due to lower demand for resources in China, whoose economy was contracting at the time, so perhaps instead of being oversold, it was actually a re-valuation?

With huge spending cuts hitting Americans at the same time as tax hikes, the economy could contract, resulting in a recession and subsequent market volatility.

The central bank had predicted that the economy would contract at an annual rate of 1.0 per cent during the second quarter due to the damage caused by the wildfires.

The prediction implies the economy will contract in the second three months of the year based on the central bank's prediction of growth at a pace of 1.0 per cent.

Japan's economy contracted more than expected at the start of this year, breaking the longest run of growth seen for decades, in a blow to Prime Minister Shinzo Abe's reflationary «Abenomics» polices.

Side note: The economy did not contract at 6.3 % in the 4 quarter.

At the heart of this are the interconnection of freedom of expression and ethical behaviour, as well as the social contract between government, economy and civil society.

Today, the Institute of Contemporary Art at the University of Pennsylvania (ICA) announced that it will be the first museum certified by W.A.G.E. (Working Artists and the Greater Economy), a New York — based activist organization founded in 2008 which advocates for artists to receive fair compensation from the institutions which contract their work.

«They need to make sure that if it's going to contract the economy, it's going to raise electricity rates — as is already happening, by the way, if you compare our price per kilowatt versus Europe largely or Germany particularly; I think we're at seven or so cents per kilowatt, far better than those in Europe and Germany particularly,» he noted.

As economies contract, debt burdens will become heavier, more bankruptcies will occur, at the individual and organizational level.

On September 24, Bill Ritter, the current director of the Center for the New Energy Economy at Colorado State University and former Governor of Colorado, wrote in the Wall Street Journal that «Long - term contracts for wind energy are being signed by utilities in several states in the range of 3 cents per kWh over 20 years» (1).

No word yet on the details of the new contract, but in this economy, many law firms are grateful for steady work, even at discounted rates.

In today's economy, RFPs and RFQs are becoming the norm as corporate clients seek to contract top talent at reduced costs.

The New York Times To Understand Rising Inequality, Consider the Janitors at Two Top Companies, Then and Now The gig economy is on the rise, but so is the use of contract workers at companies.

«With the number of temporary workers up 50 % since the recession ended four years ago and the number of contract workers at an all - time high, freelance work is fast becoming a mainstay in the 21st century economy.

At the same time, considering the strong fluctuations in both contracts and the economy, the flexibility of personnel is also becoming more important.

and the number of contract workers at an all - time high, freelance work is fast becoming a mainstay in the 21st century economy.

«The first half of 2017 ended with a nearly identical number of contract signings as one year ago, even as the economy added 2.2 million net new jobs,» says Lawrence Yun, chief economist at NAR.