Sentences with phrase «for government austerity»

Varney asked Stockman about a New York Times column by Nobel Prize - winning economist Paul Krugman in which Krugman argued now isn't the time for government austerity.

Not exact matches

LONDON — Chancellor Philip Hammond has said that Britain needs a «grown - up» debate over whether pay for public sector workers should be increased, arguing that the government must «hold its nerve» on austerity.
Government austerity turned into a speed bump last year for Navistar, which makes military vehicles, as well as school buses and long - haul freight trucks.
Investors in the PFC will now prepare to negotiate a restructuring plan — they will likely push for the government to take on austerity measures like cutting costs and raising taxes.
These risks and uncertainties include: Gilead's ability to achieve its anticipated full year 2018 financial results; Gilead's ability to sustain growth in revenues for its antiviral and other programs; the risk that private and public payers may be reluctant to provide, or continue to provide, coverage or reimbursement for new products, including Vosevi, Yescarta, Epclusa, Harvoni, Genvoya, Odefsey, Descovy, Biktarvy and Vemlidy ®; austerity measures in European countries that may increase the amount of discount required on Gilead's products; an increase in discounts, chargebacks and rebates due to ongoing contracts and future negotiations with commercial and government payers; a larger than anticipated shift in payer mix to more highly discounted payer segments and geographic regions and decreases in treatment duration; availability of funding for state AIDS Drug Assistance Programs (ADAPs); continued fluctuations in ADAP purchases driven by federal and state grant cycles which may not mirror patient demand and may cause fluctuations in Gilead's earnings; market share and price erosion caused by the introduction of generic versions of Viread and Truvada, an uncertain global macroeconomic environment; and potential amendments to the Affordable Care Act or other government action that could have the effect of lowering prices or reducing the number of insured patients; the possibility of unfavorable results from clinical trials involving investigational compounds; Gilead's ability to initiate clinical trials in its currently anticipated timeframes; the levels of inventory held by wholesalers and retailers which may cause fluctuations in Gilead's earnings; Kite's ability to develop and commercialize cell therapies utilizing the zinc finger nuclease technology platform and realize the benefits of the Sangamo partnership; Gilead's ability to submit new drug applications for new product candidates in the timelines currently anticipated; Gilead's ability to receive regulatory approvals in a timely manner or at all, for new and current products, including Biktarvy; Gilead's ability to successfully commercialize its products, including Biktarvy; the risk that physicians and patients may not see advantages of these products over other therapies and may therefore be reluctant to prescribe the products; Gilead's ability to successfully develop its hematology / oncology and inflammation / respiratory programs; safety and efficacy data from clinical studies may not warrant further development of Gilead's product candidates, including GS - 9620 and Yescarta in combination with Pfizer's utomilumab; Gilead's ability to pay dividends or complete its share repurchase program due to changes in its stock price, corporate or other market conditions; fluctuations in the foreign exchange rate of the U.S. dollar that may cause an unfavorable foreign currency exchange impact on Gilead's future revenues and pre-tax earnings; and other risks identified from time to time in Gilead's reports filed with the U.S. Securities and Exchange Commission (the SEC).
On paper, the recommendations for debt relief and reduced austerity «suddenly evaporate when IMF functionaries coalesce with their ECB and the European Commission colleagues in order to impose upon our government their chosen policies,» said Mr Varoufakis.
The Spanish government has been noteworthy in its pursuit of well - directed actions to address Spain's debt and banking - system problems, and the Spanish public has demonstrated an understanding of the need for austerity and reform measures.
He said he would rather «cut off his arm» than accept another austerity bailout without any debt relief for Greece, adding that he was «quite confident» the Greek people would back the government's call for a no vote.
Either it means that other members of his party — the finance minister, who is against the referendum — will come in and not hold a referendum at all, and try to keep Greece on the austerity plan, or there will be a fall in the government, a no - confidence vote, and people will presumably vote for the Conservative Party, which is very much like the Republican Party in the United States.
In a polarising referendum called by the radical leftist government of Alexis Tsipras at only eight days notice, Greeks voted by more than 60 % to 40 % in support of the prime minister, spurning the extra austerity demanded mainly by Germany and the International Monetary Fund in return for an extension of bailout funds.
«The Greek government — somewhat surprising for a self - professed reform and anti-austerity government — seems to have merely agreed to impose a lot more austerity through higher taxes, but offers relatively little commitment to genuine economic reform.»
The markets generally have continued to stabilize after the Greeks appear to have backtracked in their willingness to accept certain austerity measures as a condition of further financial assistance and the measures that the Chinese government instituted to bolster her failing equity markets appear to have worked for the moment.
The shares have been weak, like we have seen for many European industrial companies, because investors fear that government austerity programs may precipitate a European recession.
B.C. taxpayers can't afford these sorts of sweetheart deals in a time of austerity, especially when the Minister of the Environment admitted that the fees paid by Nestle and oil and gas companies likely wouldn't even pay the government's bill for administration related to the legal changes.
Many analysts have long flagged a similar pitfall for the ECB's purchasing program, namely a scarcity of eligible bonds, as issuance from member governments has been restricted by their austerity - driven policies.
Unfortunately, we are destined for population contraction and an age of government austerity that could last for a generation.
Group chairman Paul Rayner used the firm's annual general meeting to warn that demand for its wines in China was «softening, as a result of the leadership change and well - documented government austerity measures».
It also said a slowdown in China, where the government has imposed austerity measures which have curbed demand for higher - priced wines, had worsened in the past few months.
«The UK government will effectively be asking taxpayers to pay a Westminster premium to crowbar a modern parliament into a Victorian building at a time of austerity when Tory policy is hitting some of the poorest in society, and political uncertainty when this UK government has no plan for the UK outside the European Union.»
Appropriately enough for a politician who was at the heart of an age of austerity coalition government, Sir Vince Cable's new office on the third floor of Portcullis House is spartan.
Money allotted for free council newspapers may become a victim of government austerity, Eric Pickles has announced.
We must not forget now trainee journalist George Osborne's threat to wage further austerity on the poorest if the UK chose to leave the EU — nor our previous governments» ideological adherence to slashing any and all public services, whether the NHS, the fire service and community policing, or even free school meals for children.
Mahmoud Abbas has been threatening to dismantle the Palestinian Authority over and over since April 2010, saying he would hand over «the keys» for the occupied West Bank to the Israeli government; while in 2011, Greek Prime Minister Papandreou threatened to leave the Eurozone and called a popular referendum on austerity measures, which implicitly questioned membership in the euro zone.
For all Ed Miliband's talk of restructuring the British economy and creating a responsible capitalism, the party's position on the core issue of the deficit was dangerously muddled: after three years of opposing «austerity», the Labour leadership spentthe run - up to the election trying to minimise its differences with the government.
Treasury sources suggested international organisations had recommended extending the government's austerity drive for an extra year would be more effective in retaining the confidence of the markets.
Otherwise known as «expansionary austerity», EFC predicts that a major reduction in government expenditure will change the future expectations about taxes and government spending and will thus create the space for the expansion of private consumption, which, will in turn, revive the fortunes of the economy.
So, will the austerity programme of the Cameron Government make the Tories unelectable for a generation?
In the UK, a Conservative — Liberal Democrat coalition government elected in 2010 began a strong austerity drive by halting and reviewing all major IT contracts, squeezing IT suppliers for costs reductions, cutting back consultancy and instituting stringent requirements for the launching of any new government IT innovations.
«Official forecasts will show George Osborne's emergency Budget hitting growth and costing jobs in the short term, government sources said last night, but the austerity measures will also create a brighter climate for the economy by the end of the parliament.
Voting for Corbyn then becomes a free hit: if Labour can not become a party of government any time soon, why not make it a more effective party of opposition that takes on the Tories» austerity agenda and unite it on that basis?
They have since U-turned on both the timing and the scale of the austerity measures; Cable claims he was persuaded of the case for deep and early cuts, «not by other politicians, but by talking to the most senior officials in the government and the central bank [who said] that we had to act».
Use the austerity agenda to re-engineer government towards a progressive state designed for the challenges of the 21st century.
Those who had previously called for sweeping cuts have watched on with dismay, bitterly aware that most governments struggle to extend the political will for austerity drives beyond their first two years.
His plans to ensure a future Labour government would make the economy work for everyone, not just the top one per cent, was a refreshing change to the austerity - lite that Labour had previously offered.
Greeks have witnessed discussions shift from $ 1 billion in additional measures (last proposal put forth by the New Democracy - PASOK government following demands from creditors), to over $ 10 billion in additional measures last month, to today's «Greekment» according to which Greece will undergo harsher austerity (for next three years) than at any other point since the crisis began.
The reality is that it is not a question of austerity vs generosity as that would be a gross over simplification but rather what is the most effective way for a government to spend the resources it has available and this comes down to complex fine details rather than slogans or internet memes.
He uses it first to prevent any new spending commitment, having put aside the understanding of the damage caused by austerity that he showed in his Bloomberg speech in favour of a preference for building an image of fiscal conservatism — though by doing so he has allowed the government to win the battle for public opinion.
As the Tories have little popularity (the second lowest popular share of the vote for any government) it has been necessary for this project that there is a pretence that this not a return to austerity, after the boost to consumption that helped the Tories get re-elected.
To reshape government from the bloated waste and broken assumptions of an age of irresponsibility to the new rigours of an age of austerity - so that it serves the people who pay for it.
The austerity government, with its mean - spirited and ideological rhetoric on welfare and love of privatisation, has created the perfect environment for Scottish independence to thrive.
In this climate of austerity and the need for public sector cuts, when so many are worried about the possibility that nurses, teachers and other such essential workers will be forced out of work as government tightens its belt, it is worth noting that # 2.8 billion of taxpayers» money was spent on consultancy fees in 2005 - 06 alone.
There will be time enough to steer the heart of the party later but, for the moment, we must accept that our leftwards shift has failed and that we now urgently need to move forwards - because time is a luxury that those suffering under this government's dogma - driven policies of cuts and austerity simply can not afford.
«The government decided unilaterally to impose austerity measures without consultation, and public workers have not been paid for months.
Hammond has loosened Osborne's fiscal rules, but he will press ahead with most of the pre-planned austerity measures — though the tax credits rebellion forced the government to promise not to look for fresh savings from the welfare bill in future years.
A ComRes poll for today's Independent has shown that 72 % of the public would like to see a change in the government's flagship austerity program.
The government is preparing for a pitched battle with unions, who have declared a campaign of co-ordinated industrial action in opposition to the austerity drive.
TUC general secretary Brendan Barber said that the government's austerity policies like tuition fees and the scrapping of the EMA have made things worse for young people.
The government should prepare itself for «sustained war» with the trade union movement as austerity Britain starts to bite, leaders have warned.
With five more years of austerity to go, let's watch the polls for green shoots in public confidence in the economy, as well as movements in ratings of the competence Osborne and the government.
He compared the attempt to derail the government's austerity agenda, motivated by a bid to reduce Britain's structural deficit, with the votes for women, civil rights and anti-Apartheid struggles.
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