Sentences with phrase «government gives banks»

In 1997, the new Labour Government gave the Bank of England the power to set interest rates.

Not exact matches

Given what central banks have been asked to do in recent years, it could be the most important economic policy decision the new government makes.

Premier Mark McGowan says his Government is giving «active» and «serious» consideration to introducing a bank tax after its $ 400 million gold royalty increase was torpedoed by the Liberal Party.

One is the live experience they need of actually being in a working enterprise, whether it's a bank or city government, and two it gives them the credibility of being able to say, «Hey, we've got this installed at the city government and they've got this many taxpayers or employees or traffic.»

This is a material threat given the vast quantities of money that central banks are printing to keep the banking and government sectors from defaulting on their monumental financial obligations.

Canada's DBRS is the only credit rating agency willing to give Portugal an investment grade, which allows the European Central Bank to buy Portuguese government bonds.

These are the SBA's flagship 7 (a) loan program, which gives 5,000 banks participating in the program access to loan guarantees by the federal government.

Last September, the federal government set aside $ 400 million to create venture - capital funds led by the private sector, and also promised to give the Business Development Bank of Canada another $ 100 million to reinforce its venture - capital activities.

That's because, rather than handing the capital over to any one of 17 government agencies with a finger in the innovation pie, or giving the money to the Business Development Bank of Canada, which deployed just $ 408 million of its $ 18.4 billion balance sheet to the venture capital industry, the Conservatives have decided to invest that money directly in entrepreneurs.

But Lesko's lists pertain mostly to small business: you'll find information on agencies that give development assistance to expanding companies, economic reports that regional Federal Reserve banks will send you, government surplus - property auctions, whom to ask about overseas selling, how to find financial data on a company or franchisor, where to apply for research grants — in sum, information on the offerings of nearly every federal, state, and local bureaucracy in the country.

Greece's leftist - led government and the central bank also want lower primary surplus targets, arguing this will give Athens room to cut taxes and help the battered economy return to growth after a protracted recession.

«My banker gave me a $ 150,000 line, as long as I was willing to assign payment from the government contracts directly to the bank.»

Many Chinese investors treat them like bank savings deposits because many are sold by state - controlled banks that give the funds the appearance of government backing.

The turnaround is in part due to policy initiatives such as debt - for - equity swaps that helped the largest banks deal with rising debt loads, and a widespread crackdown by the government on shadow banking that has given them an edge over smaller peers.

China's central bank gave a green light to banks to dig into reserves to lend more, signaling government worries about slowing momentum for economic growth amid rising trade tensions with the U.S.

But this time the government has tried to keep the debt overhead on the books — and to tax the population to give banks enough to make sure that the rich don't lose money.

Governments generally get a much bigger stimulus bang for their buck when they spend directly on projects, such as roads and bridges, rather than giving cheques or tax breaks to individuals, who may choose to bank the money instead of spending it.

The aim is to pull home ownership out of negative equity, rescuing the banking system's balance sheets and thus saving the government from having to indulge in a TARP II, which looks politically impossible given the mood of most Americans.

Then there's the implicit guarantee given to large banks by the federal government: The bond market has increasingly come to believe that, in the event of a financial crisis, large banks will be rescued by the federal government, either through direct cash infusions or Federal Reserve lending.

When people spread Fear, Uncertainty, Doubt, when countries and governments and central banks spread FUD about Bitcoin, there's a clear agenda, there's a clear goal which is to get others to lose interest and give up on Bitcoin.

I agree that central bank solvency is superficial unless the government insists on receiving a given level of income from the central bank, and the central bank is trying to meet some fixed price level or inflation target.

Given that the traditional banking industry is regulated by the federal government, most banks have been slow to accept (and service) legal dispensary and related business activity, even if individuals or businesses are legitimate under state law and attempt to... Read more»

In what could be one of the toughest gigs in town given the recent capitulation of the Shanghai market and the Chinese government's sporadic attempts to prop up its shares, Chris Bagley, Deutsche Bank director of institutional cash and securities services, said he was fairly comfortable with his pitch.

Option (e) remains extremely risky given the massive levels of outstanding government debt (and potential for fiscal crisis) and therefore low in probability in our view, but the idea came to the fore in investor consciousness after the BOJ held meetings with former FOMC Chairman Bernanke, credited for applying the idea of «helicopter money» to deflation - fighting in central bank policy.

Finally, since October 2008, the Fed has been paying interest on bank reserves, at rates generally exceeding the yield on Treasury securities, thereby giving them reason to favor cash reserves over government securities for all their liquidity needs.

Mr Draghi is likely to state again that, as the profits have already been given to national central banks, the decision on when to reimburse them lies with euro - zone governments.

With the start of the Federal Deposit Insurance Corporation, the government gave customers confidence that even if times were tough, consumers would be paid back for the money they had deposited in banks.

Perhaps what's most humiliating about this is that Obama Government and Congress blindly let former Goldman Sachs CEO, Henry Paulson, in his capacity as Secretary of Treasury give these banks an $ 800 billion blank check from the Taxpayers to continue on with their criminality.

The problem is that the Fed is only willing do what central banks were founded to do — finance government deficits — to give to the banks.

To give some more perspective into the conflict between bitcoin exchanges and the Chinese government, it is worth pointing out that the People's Bank of China recently started investigation all bitcoin exchanges operating in the country, possibly to reduce the amount of capital flowing out of the country.

Other major donors giving at lower levels run the gamut of industries and interests, such as the investment banking firm Goldman Sachs, beverage giant Coca - Cola, and the governments of Oman, Kuwait and the United Arab Emirates.

Daniel Zhang, Alibaba Group's chief operating officer, said in a press conference last week that he hopes the 11.11 sale will become a true global shopping event in five to 10 years as Alibaba's e-commerce ecosystem, once largely confined within China's borders, continues to expand internationally through collaboration with more governments, banks and postal services in order to give shoppers everywhere a seamless, «local» e-commerce experience — no matter where the merchants they patronize are located.

Bank bailouts have been aimed at protecting local institutions, as discussed earlier, and the Japanese government is buying stocks of Japan - based corporations to help company balance sheets, but also giving them a competitive advantage over the subsidiaries of foreign outfits.

I'd rather give $ 15 a week to my church than the thousands I pay in taxes and interest fees to the banks and local / state government shysters.

This gives great power and wealth to the private banks and burdens the government and the population as a whole with large interest payment.

Food banks should be given government support to also offer debt advice, according to the investigation's findings.

According to the Government, the National Sperm Bank is a regulated institution that will help deal with the shortage of sperm donors in the UK, and will give people better access to donors.

The failure of an all - in American effort to force a settlement probably will make a swift end to the Fayyad government and give the upper hand to Hamas in the West Bank, with increased Iranian support.

Banks talk about the «full faith and credit» of the United States Government in insuring our deposits, meaning that we trust that if the bank loses our money, the government will giveGovernment in insuring our deposits, meaning that we trust that if the bank loses our money, the government will givegovernment will give it to us.

Organized by the Governments of the Netherlands, Ethiopia, New Zealand and Norway as well as FAO and the World Bank the event is significant given the forthcoming annual decision - making meeting (CoP16) of the UN for Climate Change (UNFCCC) in Cancun, Mexico in December.

Nation's Restaurant News reports that, «Restaurants [&] food banks team up as need grows... Given the growing need for hunger relief, food banks, governments and restaurant operators are rethinking those [existing] systems and trying to find a better way to redirect excess prepared food to hungry stomachs rather than landfills.»

But given how catastrophically off track the government's plans have gone in the last three years, it would be irresponsible to set out those fiscal rules two years in advance, banking on things turning out in line with government forecasts.

In other words, it looks like the Government are raiding banks to give home buyers a big tax break.»

If every good must be bought with electronic money and the government forces the bank to lock the account, even friends and family can not give you money.

To ensure irreversibility, we are implementing the following measures to tackle some of the long - term structural issues: a. capping of the statutory funds at 25 percent of government tax revenues b. operationalization of the Treasury Single Account (TSA) to consolidate all government funds at the Bank of Ghana c. tightening of expenditure controls in GIFMIS to minimize inefficiencies and budget overruns d. strict enforcement of the PFM Act, as well as the Public Procurement Act, to ensure efficiency in public procurement, and e. adoption of the competitive tender process, which is eliminating wastage and giving Ghanaian taxpayers real value for their money.

The Brown government also presided over the Bank of England giving # 375bn of cheap credit to the banks through the policy of quantitative easing.

Consideration should be given to the amendment of the Bank of Ghana Act to set a ceiling on its lending to government that is based on government's revenue collection in the previous year, rather than the current year as is currently that case.

As an alternative the government is considering measures which will effectively give financial services companies an indirect role in policing the hidden economy, by making access to business services such as insurance and bank accounts conditional on proving that you are registered for tax.

While reiterating the commitment of the State Government under Governor Ambode to ensure that every child is given opportunity to succeed, Bank - Olemoh said the launch of the Digital Library, dubbed EducateLagos.com, was intended to further expand access to knowledge for Lagosians, make learning fun and contribute to improving exam outcomes for students.

The deafening silence of government on this matter does no good but rather goes to give credence to the public speculations fueled by the opposition that government has convived with the bank of Ghana to haul their money for 2016 campaign.