Sentences with phrase «for damage to their economy»

The reprieve will come as a relief to major American allies that were bracing for damage to their economy from lower sales of metals into the United States.

Not exact matches

And that might not bode well for the new job creation everyone is depending on to repair the damage done to the U.S. economy by the latest recession.
I hope they will now understand the damage they have done to the economy for many years now.
Unfortunately, the plan amounts to what's practically a textbook case in damaging, unintended consequences for the U.S. economy and consumers.
The Bush tax cuts were due to expire at the end of 2010, but Obama and Congress agreed to extend them for two years to prevent damage to the 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.
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.
Davis today admitted that it is possible for the government to go back to the negotiating table to avoid a no - deal Brexit, which experts say would severely damage Britain's economy and unleash unprecedented political instability.
«If allowed to go into effect, the impact of this new joint - employer rule would be sweeping and widespread, create havoc for the franchise industry and, ultimately, would inflict serious damage to our nation's economy
Or think of the price the Canadian economy is expected to pay for the damage wreaked by climate change after years of oil industry lobbyists opposing serious carbon reduction policies.
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).
I fear that that the emerging fight between at least 4 priovinces, Alberta, Manitoba, Quebec and New Brunswick against the Ottawa / Ontario single federal securities regulator scheme will damage Ontario's capital markets for years to come and the Toronto financial markets, the Toronto financial services industry and the Ontario economy.
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?
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.
As Paul Krugman has written, the common models used to forecast potential GDP take it for granted that if an economy doesn't bounce back quickly from a recession, it's because something has been fundamentally damaged, rather than because the government offered up an insufficient policy response.
«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.
«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.
The recent severe storms have been devastating for residents of two populous regions of the country (Houston and Florida), but the bulk of the economic damage should be localized while the long - term impact to the national economy is limited.
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
«These cuts incurred losses to the provincial economy far greater than the expected savings, and will continue to damage our reputation and our economy for years to come if steps are not taken immediately to improve service.»
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
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.
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.
Most of the solutions proposed for economic problems are environmentally damaging, and most of the solutions for environmental problems are felt to interfere with the desired growth of the economy.
«and the any way was the Jewish removed from society culture and their business practices that were damaging the German economy from recovery after Versailles Treaty... would that have been a better excuse for Hitler wanting to kill the Jews?
A national economy needs to be treated as a sub-system of the larger eco-system on which it is dependent, for it is drawing upon raw materials (some of which are irreplaceable), it is producing waste products (which have to be deposited somewhere) and it may be causing some damage to the eco-system.
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.
But Wall Street hot shots want to make everyone else pay for the damage they did to 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?
He repeated his line about the need for someone strong to challenge President Obama, adding: «Another four years of this president, and the damage will be irreparable to our economy and our national security.»
[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
«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.
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 economic potential from the Marcellus Shale could provide a badly needed boost to the economy of the Southern Tier and even many environmentalists agree we want to produce more domestic natural gas that reduces the need for environmentally damaging fuel sources such as coal,» his campaign statement said, while adding, «Existing watersheds are sacrosanct, and Andrew Cuomo would not support any drilling that would threaten the state's major sources of drinking water.»
Among 18 -24-year-old Leave voters, 46 per cent said significant damage to the economy was a price worth paying for Brexit.
It could involve trashing workers» rights and environmental protections, opening our NHS up to foreign competition, making it harder for us to trade with our neighbours and damaging our economy.
Pressing Labour to spell out why it opposes a referendum bill now - a decision which means Baron's amendment does not pose any risk of a Commons defeat for the prime minister - Balls said such a move would damage the UK economy.
Groups pushing for the UK to stay in the single market, such as Open Britain, backed by Lib Dem former deputy prime minister Nick Clegg and former Labour leader Ed Miliband, argue that a «hard Brexit» would be damaging to the economy because of the risk of tariff and non-tariff trading barriers.
Mr Osborne said that this help for Ireland will prevent damage to the UK economy, including Sheffield's economy.
Within minutes Mr Smith — who challenged Jeremy Corbyn for the leadership in 2016 — tweeted: «Just been sacked by Jeremy Corbyn for my long held views on the damage Brexit will do to the Good Friday Agreement and the economy of the entire UK.
59 % of people agreed that Labour had «seriously lost touch with ordinary working people» (including 30 % of Labour's own supporters), 70 % that «Labour need to make major changes to their policies and beliefs to be fit for government again» (including 50 % of Labour voters), 61 % agreed that «Labour still haven't faced up to the damage they did to the British economy» and 50 % agreed that «If Labour returned to government they would put the country into even more debt».
The uncertainty caused by an in / out referendum with a date set for end of negotiations could be hugely damaging to Britain's economy, as foreign companies may postpone or divert investment.
«The New Capacity Zone would cause quite a bit of damage to our local economy, to households and businesses in the area, with higher energy bills, on the order of up to 6 percent for our residential customers or higher and 10 percent or higher for our large industrial customers.»
The American Association for the Advancement of Science applauded 73 House lawmakers Wednesday for fighting to keep out of a final tax overhaul measure provisions that would saddle graduate students with significant tax increases and damage the nation's innovation economy.
Those are more challenging metrics to capture, she said, but they're crucial for keeping an economy operational after a storm, and for minimizing expensive damage to roads due to sea - level rise.
Traffic jams and collisions aren't only frustrating for drivers, but they multiply emissions and are potentially life - threatening and damaging to the economy.
«Some people hope that a growing economy will be able to compensate for the damages caused by climate change — that we can outgrow climate change economically instead of mitigating it.
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