I believe we will re-enter a recession within a year or two — and it might be forced by
increased government austerity.
Not exact matches
The debt - plagued country's
government resigned after opposition parties failed to pass much - needed
austerity measures,
increasing the likelihood of a bailout.
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.
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).
California is just now starting to recover from a massive budget deficit that forced new taxes, tax
increases, and
austerity measures to make up the shortfall and prevent a statewide
government collapse.
Despite all the progress realized by Samaras»
government, Greece's creditors demanded close to $ 3 billion in new
austerity measures including, among other things,
increases in VAT on hotel services up to 13 % (from 6.5 %).
The UK
government remains committed to
austerity measures such as the cap on public sector pay; but in a speech on 20 June 2017 Chancellor Philip Hammond acknowledged public discontent with
austerity, and suggested the
government would consider
increased borrowing to invest in economic growth.
The recent indicators point to a slower pace of economic activity and the Tory
government is about to embark on
Austerity Mark II, in nominal terms exactly the same level of cuts and tax
increases as the # 37 billion George Osborne announced in 2010.
Head of local
government Heather Wakefield said: «Local
government workers have kept services running in our communities in the face of the
government's harsh
austerity agenda, and they deserve more than just a bare minimum pay
increase.»
These have all seen an
increase as a result of the
Government's
austerity programme and reforms to welfare.
Public sector
austerity and
government spending cuts have hit women harder than men and
increased relative disadvantage in ways that reduce incomes and childcare support, and may cut back women's employment and opportunities more broadly.
The 2013 budget also continues several
austerity measures, including freezes in pay
increases for county employees as Niagara County's
government continues to chart a conservative budgeting course during a period of declining state aid and
increases in unfunded state mandates.
The watchdog recommended a significant
increase despite the coalition
government cutting spending and imposing
austerity on the public sector.
After one
austerity - related announcement in 2011, when the
government announced steep spending cuts, suicides surged by over 35 percent, an
increase that was then sustained through to the end of the study in 2012.
A 36 percent sharp and sustained
increase was also observed in June 2011, when the Greek
government again passed unpopular
austerity measures.
«At a time of
austerity in U.S. research funding, the Indian
government is dramatically
increasing research funding,» inStem director Dr. K. VijayRaghavan said.
Then again, as some folks have highlighted recently, even
austerity talk in Europe seems pretty much an illusion — did you know it apparently means to «generally
increase government spending at a slightly slower pace `..!?
The new report, «Catalyzing American Ingenuity: The Role of
Government in Energy Innovation,» doubles down on the Council's earlier calls for
increased and sustained public investment in clean energy technology, and offers new ideas about how greater energy innovation investment can be paid for in a new era of fiscal
austerity.