Sentences with phrase «major economic blow»

SYDNEY (Reuters)- Australia faces a A$ 17 billion ($ 13.3 billion) exodus of investment from its windfarm industry because of a political deadlock, threatening to deal the country a major economic blow and kill hopes of meeting a self - imposed clean energy target.

We can begin to improve agricultural nutrient - use efficiencies and reduce industrial forms of nitrogen and phosphorus with current knowledge and technology and without suffering major economic blows.

Not exact matches

U.S. President Donald Trump will decide by May 12 whether to restore U.S. economic sanctions on Tehran, which would be a severe blow to the 2015 pact between Iran and six major powers.

DA leader Mmusi Maimane said Friday's court ruling was a major blow for the president, who has faced months of criticism over various corruption scandals and the country's dire economic outlook.

George Osborne's economic credibility suffered a fresh blow on Thursday when Standard and Poor's became the third of the major credit ratings agency to put the UK's AAA rating on negative outlook.

That said, one can not ignore that the actual realisation that «junk status» sends a major blow to consumer confidence and will have a longer term negative impact on the economy and we again emphasise the need for political and economic stability.