Sentences with phrase «of austerity for»

If we re-elect Governor 1 %, he will continue his economic policy of austerity for working people and special favors for his rich donors.

Britain needed a Budget for jobs and growth but we got cash for the rich and a dose of austerity for ordinary people who've worked and saved all their lives in the hope of enjoying a comfortable retirement.

It may promote a financial bubble but at the cost of austerity for consumption and direct investment.

Not exact matches

It is easy to support the IMF's teachings when they show the austerity drive of the governing party you're are trying to beat is bad for the economy.

Syriza, which broke a two - party - led system, has disappointed some on the left for implementing austerity measures and the reputation of the mainstream parties remains damaged following what is perceived as years of failed promises.

Today, with Londoners grumbling under the yoke of belt - tightening austerity measures, the city's appetite for lasers and massive sports arenas seems to be shrinking fast.

«The GUIDES indicators that focus on some overall macroeconomic indicators,» Chisa recommends, plus «a few other topics that get you a lot of bang for the buck: British Colonialism, nations versus states, Dutch Disease (resource curse), Sovereign Wealth Fund, import substitution, current account balance, fiscal deficit, IMF austerity measures, and the «trilemma» of free - capital flows, independent monetary policy, and fixed exchange rates.»

The U.K.'s challenges are somewhat different from Canada's: as a result of the Conservative Party's austerity campaign, the U.K.'s economy has suffered more than Canada's, which has taken more of a Keynesian approach; and the City, as London's financial hub is known, has had a reputation for a much looser approach to regulation than that found in either Canada or the U.S. Tal says the U.K.'s finance sector has to change and he expects Carney will attempt to move it in the direction of greater regulation.

He also sits on the Board of Directors, and in May 2015 he made a donation of $ 133,000 to the foundation to make up for funding it had lost as a part of the austerity measures put in place by Governor Bruce Rauner to address the state's $ 1.5 billion budget deficit.

If this error turns out to be an actual mistake Reinhart - Rogoff made, well, all I can hope is that future historians note that one of the core empirical points providing the intellectual foundation for the global move to austerity in the early 2010s was based on someone accidentally not updating a row formula in Excel.

Though Bersani and Monti have said all parties must work together, anti-Europe, anti-euro and anti-austerity parties headed by Berlusconi and Grillo have received 50 percent of the public vote, sending a clear signal to politicians that there is no mood for more austerity dictated by Brussels.

Opportunity: An era of fiscal austerity in the public sector can be a boon for economics employment there, as federal and provincial departments such as Finance, Industry, Foreign Affairs and the Bank of Canada seek analysts who can work the data.

It is, therefore, a good bet that the triad of fiscal austerity, short - term growth - stifling structural reforms and seemingly intractable problems of a weak banking system will soon lead to the downward revision of the ECB's long - standing growth forecast for the euro area.

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).

Critics of the German - led austerity policies have called for boycotts of German products and have suggested that Ms. Merkel and Mr. Schäuble had unjustifiably humiliated Greece and its prime minister, Alexis Tsipras.

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.

The margin of victory shows that Greek voters were immune to media misrepresentation during the week - long run - up as to whether to accept the troika's demand for austerity to be conducted on anti-labor lines.

«The fetishizing of austerity by European leaders, clamping down on growth so severely, may create political backlash that will not be manageable,» said Kathleen R. McNamara, director of the Mortara Center for International Studies at Georgetown University.

Germany has completely rejected this recommendation, since it has been preaching for years that the only way out of the EURO crisis is austerity.

With Greece at boiling point following the adoption of yet more internationally mandated austerity measures in the wake of parliament's vote to slash 25,000 jobs in the public sector, opposition leaders said it was wrong for Schäuble to be visiting at all.

Tsipras is campaigning for a no vote in the referendum on Sunday, which is officially on whether to accept a tough earlier bailout offer, to impress on EU negotiators that spiralling poverty and a collapse in everyday business activity across Greece has meant further austerity should be ruled out of any new rescue package.

Over at the blog of the Institute for New Economic Thinking, Ottawa U professor Mario Seccareccia has given an interview titled «Greece Shows the Limits of Austerity in the Eurozone. What Now?»

And so increasing doses of austerity were administered while the debt grew larger, forcing creditors to extend more loans in exchange for even more austerity.

Monti, however, was critical of German and other insistence on austerity and surrender of control as the price for assistance to countries struggling with unsustainable bond yields.

However, what is clear from the IMF analysis is that without some form of debt relief, the reforms agreed this week, and even decades more of austerity, could prove meaningless, and costly for both creditors and the Greek economy.

As well, Flaherty cut in half an Employment Insurance premium hike scheduled for Jan. 1, a move that will cost Ottawa $ 600 million a year, but will leave that cash in the pockets of workers and companies — a shift from deficit - shrinking austerity to stimulus.

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.

Ms. Caro Diaz is part of the Organizing and Capacity Building Team at the Center for Popular Democracy and provides support to social movements in Puerto Rico struggling against the debt and austerity measures proposed by a Fiscal Control Board.

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.

So does the elimination of the deficit also eliminate the need for further austerity?

«The deadend austerity policy has created a lot of divisions, we do not want to create one more between the North and the South,» the Greek leader said, alluding to German opposition to Athens» drive for a new debt agreement.

His remarks illustrate the kind of internal opposition Tsipras will have to overcome to secure backing for an agreement that runs against his party's pledge to end austerity.

The summary of their stats for Ontario, in the 11 - year period, 1998 to 2009, was as follows: Private sector: Arbitrated settlements: 28 (50,828 employees) average annual increase: 2.5 % Non-arbitrated settlements: 1,877 (1,658,929 employees) average annual increase: 2.5 % Public sector: Arbitrated settlements: 407 (282,903 employees) average annual increase: 2.5 % Non-arbitrated settlements: 2,842 (2,875,878 employees) average annual increase: 2.7 % This says nothing, of course, of the base from which those increases were granted, particularly after the public sector austerity in Ontario during the 1990s.

Austerity, they say, is an indispensable precondition for the return of market confidence and economic growth.

The highly - anticipated report, which holds significant legal weight under the EU's newly - adopted budget rules, illustrates that despite the EU's newfound embrace of growth - oriented rhetoric, much of its new fiscal rules remain oriented towards «fiscal consolidation», the EU's parlance for austerity.

Such austerity is inconvenient for embattled Prime Minister Najib Razak who is already fighting for political survival amid allegations of graft.

ATHENS, Greece (AP)-- Greece's parliament has approved plans to lower the voting age by a year to 17 and adopt a proportional representation system, after years of economic austerity have hammered popular support for traditionally dominant political...

For all the talk of reform — Orwellian EMU - speak for austerity — Italy is digging itself deeper into one hole even as it claws itself out of another, its industries relentlessly hollowed oFor all the talk of reform — Orwellian EMU - speak for austerity — Italy is digging itself deeper into one hole even as it claws itself out of another, its industries relentlessly hollowed ofor austerity — Italy is digging itself deeper into one hole even as it claws itself out of another, its industries relentlessly hollowed out.

For weaker economies in the euro zone that are seeing subdued domestic demand as a result of austerity programs, there were also encouraging signs in the trade figures for AuguFor weaker economies in the euro zone that are seeing subdued domestic demand as a result of austerity programs, there were also encouraging signs in the trade figures for Augufor August.

Financial lobbyists and the their pet academics they corrupt promote austerity to weaken the demand for labor and drive down wages to a degree that could not occur on the company - by - company scale of clashing industrial employers and their workers.

Eurozone officials are unanimous that it means a commitment to financial war against labor — to austerity and yet further economic shrinkage; to faster privatization selloffs (but not to Russians if they offer higher prices, as Gazprom did) and hence higher prices for hitherto public utilities; to no rejection of past insider privatization deals to higher value - added taxes on consumers; and to lower pensions for labor.

Given also the need for an austerity budget to comply with European rules, growth is likely to weaken, meaning the protest parties will continue to strengthen and may well be strong enough to take over in a couple of years.

If you can keep your head when all about you are losing theirs and blaming it on you If you can trust yourself when all men doubt you but make allowance for their doubting too This is inevitably followed by bursting into a German song about a fox stealing a goose (which suddenly somehow reminds me of austerity demands on Greece): «Fuchs du hast die Gans gestohlen, Gib sie wieder her!

Some big ones are: (a) whether the draft PROMESA legislation raises retroactivity issues that make it unfair to bondholders (including mutual funds and their investors) who may be subject to restructuring ex post without having had notice of that possibility ex ante; (b) relatedly, whether creating a bankruptcy - like restructuring process for Puerto Rico is bad for bondholders because it prevents holdout creditors from holding up restructuring negotiations, (c) how much oversight and sovereignty Puerto Rico should cede (for example, different stakeholders feel differently about the installation of an oversight board); (d) the extent to which austerity measures are feasible and should be imposed [fn1], and (d) and what substantive reforms should be put enacted going forward.

The policies put in place so far, such as budgetary austerity, are little match for the size of the problem, and may make things worse.

But as cities, counties and states compete for economic development, spending on such programs nationwide has climbed into the billions of dollars, even in an era of fiscal austerity.

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.

«Opposition parties reject his latest austerity package on the grounds that the belt - tightening agreed in return for a $ 110bn ($ 155bn) bail - out is choking the life out of the economy.»

After a number of surprising twists, the recent Greek drama finally took an expected turn Monday, with news that Greece and its creditors struck a tentative deal — $ 96 billion USD in aid from Eurozone leaders in exchange for tough austerity measure — that would seemingly avoid a Greek exit from the euro currency.

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.