The possibility
of more austerity is concerning too.
Not exact matches
The chancellor recognised that seven years
of austerity had left the British public feeling «weary» but said increasing tax to pump
more money into the public sector was not the answer.
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.
Lower oil prices should put
more money in the pockets
of consumers already emerging from years
of self - imposed
austerity, says Richardson.
Already in Brazil, the region's biggest economy, President Dilma Rousseff is starting to roll out a
more conservative message
of austerity, including cuts in unemployment and welfare benefits, to tame a record budget deficit widened by the biggest economic slowdown in 25 years.
Just like Bernanke, the chairwoman - to - be has been a harsh critic
of austerity and will want to counteract the impact
of more federal belt - tightening with monetary policy, if she can.
A long recession and growing disillusion with mainstream parties fed a bitter public mood that saw
more than half
of Italian voters back parties that rejected the
austerity policies pursued by Prime Minister Mario Monti with the backing
of Italy's European partners.
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.
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).
As Scotiabank mentioned in a note last week: «Higher interest rates are going to make the burden
of refinancing the debt considerably heavier, and as
more money goes into servicing the debt, it means less money is available to spend on other things, which could lead to less infrastructure spending and increased
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.
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.
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.
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.
Entirely dependent on billions
of euros worth
of international rescue loans from other European countries and the International Monetary Fund, Greece must impose yet
more austerity measures next month, if it is to keep the money flowing and prevent a default and a potentially disastrous exit from the euro.
THESSALONIKI, Greece (AP)-- Greece's prime minister promised Saturday to deliver economic growth to a country hammered by years
of economic hardship, as thousands gathered in protest at
more planned
austerity measures.
«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.
After
more than two years
of financial crisis, international bailouts, a huge debt writedown and Europe's harshest
austerity program, Greek voters have been given a chance to hit back at the parties that got them into this mess.
Polls indicate the Greek public is close to the breaking point after
more than 20 months
of harsh
austerity cuts and tax hikes.
Faced with an unemployment rate
of over 50 percent, Greek youth understandably wanted no
more euro -
austerity.
So as the threat
of AUSTERITY diminishes, the
more a nation's bonds rally.
The
more austerity, the larger the deficit, which is compounding the debt problems
of peripheral nations.
And now, as a
more concrete example
of heads 4 and 5, in fact
of all our heads together, and
of the irrational extreme to which a psychopathic individual may go in the line
of bodily
austerity, I will quote the sincere Suso's account
of his own self - tortures.
Traditional attitudes toward the natural environment make Indians, like the Japanese,
more disposed than Americans to pursue happiness modestly.15 And almost six decades after his assassination, Gandhi's traditionalist emphasis on
austerity and self - abnegation remains a powerful part
of Indian identity.
While you cower in fear over the «brown boogeymans»
of the world, the real villians are plotting how to send your kids off to die in foreign wars for their gain and how to steal
more of your hard earned money through
austerity measures and taxes.
Not only did he avoid all business with females even
more scrupulously than before, but he renounced all conversation and every kind
of social recreation with them, although his father tried to make him take part; and he commenced only too early to deliver his innocent body to
austerities of every kind.»
The NHS budget has actually been ring fenced (don't give them too much credit for this, it's a cynical way
of seeming to «protect»
more popular or «sexy» areas
of spending while providing political cover for the overall
austerity programme).
Any politician can rattle on about ending
austerity - and by god, politicians
of all stripes do these days - but there needs to be
more.
Meanwhile, the political and economic impacts
of the EU, and especially the German, predilection for a strong anti-Keynesian approach to financial crisis is showing no sign
of let up —
austerity and
more austerity resulting in a vicious downward spiral
of lower demand leading to lower taxes and lower spending, lower growth and
more cuts.
But even in 2015, the options available to those with learning disabilities in adult life are severely restricted, and becoming ever
more restricted as the impact
of austerity is felt in people's daily lives.
That is why the question
of austerity was raised
more than once at the first meeting
of the 1922 meeting.
After yesterday's harsh speech from George Osborne promising
more austerity in the next parliament, Cameron made a series
of pledges on income tax, housing and zero hours contracts to sweeten the pill
of continued spending cuts.
Nonetheless, the only means
of improving services in an age
of austerity, enabling
more citizens to experience and achieve excellence, may be precisely to tolerate greater variance in outcomes.
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.
The risk
of inflicting several
more years
of austerity on the British people is a price worth paying for leaving the EU, Iain Duncan Smith suggested last night.
And over that
more recent period (again in contrast to earlier episodes) there were no other forms
of austerity imposed alongside fiscal squeeze, in the form
of general wage caps, exchange controls or tight money policies.
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?
Instead
of scaring they need positive persuasion with something that appeals to their strong preferences for
more devolution and against
austerity cuts.
The cynical assumption that Labour is following a 35 % strategy
of cruising to victory on the back
of disillusioned Lib Dem voters and
austerity politics appears
more convincing by the day.
This doesn't really answer the question
of what the aims
of austerity are but
more the result
of and events leading up to
austerity with a mixture
of your own opinion, rather than cited facts.
EU leaders gathered in Brussels on Monday for
more ritual banging
of the euro -
austerity drum, with 25
of the 27 member states agreeing to the Germany - inspired «fiscal compact» treaty — to be signed in March (only the Czechs joining David Cameron in sitting on the sidelines).
The less obvious but potentially equally devastating factor is that voters may look to the terms
of political debate in countries such as France and conclude that
austerity is
more of a lifestyle choice than an economic imperative.
In this regard, Greece's creditors have reaped what they sowed; by demanding yet
more austerity two months before national elections, the IMF, EU Commission, and ECB facilitated the fall
of Samaras» coalition government, rise
of Syriza, and the chaos that has ensued, almost leading to the dissolution
of the Eurozone.
Instead
of living in a country with a (albeit slowly) growing economy, Greeks now face at least three
more years
of the harshest
austerity yet.
After decades
of moving to the Right, and in the context
of ever
more brutal
austerity, it looked like Labour would respond by shifting to the Right yet again.
The chancellor, George Osborne, certainly plans
more austerity, hoping to achieve a budget surplus and a rapidly declining debt - to - GDP ratio by the end
of the decade (four years later than he originally predicted).
Achieving
more for less in this age
of austerity is not just a technical question
of managerial efficiency.
Not surprisingly, those who expect some benefit from the recovery and understand why
austerity is not over — who have some idea
of what they government is trying to do and how it will help them, both in terms
of their own prosperity and the services they use — are
more likely to be part
of the «coalition
of the willing» who will vote Conservative next May or consider doing so.
The Liberal Democrats have an opportunity, at their annual conference, to make their dissatisfaction with George Osborne's self - defeating
austerity plain, regain some
of their Party's political integrity, give real momentum to a
more intelligent economic strategy and help to restore a modicum
of intellectual coherence to the Party's approach to economic policy - making.
We don't know if the Tories will pursue their «one
more heave» approach to
austerity politics or, alternatively, raise their heads from their porn stash
of old Spectators and look outside the window.