Sentences with phrase «of the austerity from»

The so - called austerity programs of bailout # 1 have not been fully implemented, and none of the austerity from bailout # 2 has been implemented.
It is vital that the momentum to introduce a mansion tax is kept up, in order to shift the burden of austerity from the poor to the wealthy.
Johnson said adding together the budget cuts covering the eight years of austerity from 2010 to 2018, some departments could be forced to provide services based on a cut of 40 % or more in their budgets.
Behind the camera, the two films show off a surprising level of austerity from their respective makers.

Not exact matches

That would cushion the lending banks from shattering hits, and could be combined with a modification of austerity based on longer working lives, a step most countries, including the United States, are going to have to take.
Germany's fellow euro zone members are unlikely to welcome the spending blueprint either, as they had hoped the Social Democrats, part of Germany's governing coalition, would steer the EU's economic powerhouse away from austerity.
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.
Fatigued by years of austerity and swayed by promises of debt relief, Icelandic voters dumped the Social Democrats from power on Saturday, returning a center - right government that ruled over its financial collapse five years ago.
The austerity measures on the table include raising the retirement age to 66 from 65 by 2020; slashing university funding by as much as 40 %; and clawing back one - fifth of funding to police.
In Gordon's view, Britain is not yet facing significant pressure from bondholders, making the austerity drive very much about the politics of the day.
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).
The task of rhetoric is to divert attention from the fact that the financial sector aims not to «free» markets, but to place control in the hands of financial managers — whose logic is to subject economies to austerity and even depression, sell off public land and enterprises, suffer emigration and reduce living standards in the face of a sharply increasing concentration of wealth at the top of the economic pyramid.
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.
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.
The draft legislation is the latest in a series of income cuts, tax hikes and reforms imposed on austerity - weary Greeks since 2010, when the debt crisis exploded that brought Greece to the brink of bankruptcy and expulsion from the eurozone — the club of European Union countries that use the euro currency.
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.
The potential withdrawal of Greece from the euro at the very least emboldens left wing / nationalist factions in Spain, Italy, and France, who see the results of the Greek referendum as legitimizing rebellion against the diet of austerity imposed by Brussels.
The budget makes it very clear that the government is rejecting an «austerity» fiscal strategy and instead is prepared do run relatively small deficits (1/2 of 1 % of GDP), resulting from investments in both physical and human capital.
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.
Despite the difficulties endured during the era of post-Lehman austerity, commercial and private - sector debt levels are low: Nonperforming loans are below 5 % and the banking system, unlike those of Poland or Hungary, did not have to tackle the fallout from high levels of foreign currency loans, because low interest rates and a stable Czech koruna meant these weren't taken up in large quantities.
If we compare operating spending by municipalities to GDP, which is a broad measure of ability to pay, it remains within historical averages of close to 3 % of GDP.  In 2012, operating spending by all municipalities in Canada amounted to just 3.1 % of GDP, the same that it was twenty years ago, and down from the 3.3 % reached in 2009 during the depths of the recession.  This ratio was higher during the recession because GDP had dropped and governments sensibly embarked on stimulus spending to prevent a depression. This was before their misguided adventures in austerity (which presumably the CFIB supports, but have caused devastation to small businesses in countries elsewhere).
We also anticipated gains on the demand side from a 50 % drop in the price of oil and less fiscal austerity from the likes of Japan, Europe, China and India.
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.
With these straightforward, if still painful, solutions closed off it may take a muddle of austerity, higher taxes, debt writedowns and perhaps guarantees from Washington to help fix the mess.
Industrial capitalism has passed through a series of stages of finance capitalism, from Pension - Fund capitalism via Globalized Dollarization and the Bubble Economy to the Negative Equity stage, foreclosure time, debt deflation, and austerity — and now what looks like debt peonage in Europe, above all for the PIIGS: Portugal, Ireland, Italy, Greece and Spain.
European equities have garnered a fair share of attention lately as leading indicators suggest economies in the region are starting to recover from years of crisis and austerity - induced recessions.
After a contentious period of negotiations, the odds of a so - called «Grexit,» or Greek exit from the euro, were drastically reduced as Greece begrudgingly accepted an austerity program and Germany gave the European Stability Mechanism the green light to negotiate a third bailout.
Growth in most of the eurozone has remained tepid and reliant on continued central bank stimulus, though the European Central Bank's (ECB's) bond - purchasing program has been hampered by a scarcity of eligible bonds, as issuance from member governments is restricted by their austerity - driven policies.
Many analysts have long flagged a similar pitfall for the ECB's purchasing program, namely a scarcity of eligible bonds, as issuance from member governments has been restricted by their austerity - driven policies.
The strong vote the weekend of July 4th against austerity in Greece increases the odds of a «Grexit» or Greek exit from the eurozone, in our view.
The current German politics of imposing austerity measures on the rest of Europe stems from the tradition of what Adrian Pabst memorably termed «Kantian morality of context-less duties, Weberian statecraft void of virtue, and Bismarckian quasi-military management of citizens through centralised welfare.»
While it is regrettable that he never made his peace with Italian classicism» one wonders what Cram might have learned from the delicate austerity of Florentine arcades or the freewheeling geometric brilliance of Borromini» his early embrace of the Mexican Baroque (spurred by his partner Goodhue), his late interest in the Iberian Renaissance, and his numerous forays into American colonial revival show he was no mere Gothic fanatic.
But he is no zealot, eager to practice child - sacrifice or insensitive to the horror involved; this we learn from the austere, steady, and dignified way he proceeds, as indicated by the simplicity, compactness, and austerity of the verbs used to recount his actions: He arose, saddled (his ass), took (two youths with him and Isaac his son), cleaved (wood for the burnt - offering), rose up and went.
It seems to my perceptions that you might be having a personal identity conundrum... Speaking from experience; many folks seem unable to cope with individualized rationalizing complexities... Giving up attempting, toward understanding social austerities which encompass individualism, gives people their identification of oneness... Individualisms are set upon the relativities of quaint somberness issues in daily moderations... Religious identities are as emotionalized labels giving people an ability to pause and reflect upon judgmental reasoning... Whether or not, religious agendas are servicing and served with ever those willing to serve...
But they who by sacrificial offering, charity, and austerity conquer the worlds, pass into the smoke (of the cremation - fire); from the smoke, into the night; from the night, into the half month of the waning moon; from the half month of the waning moon, into the six months during which the sun moves southwaid; from those months, into the world of the fathers; from the world of the fathers, into the moon.
And, as the prophets later saw, all this presented two focal points of peril to the best traditions that had come from the desert: it substituted for the old austerity the alluring licentiousness of baal worship, and it sanctioned the commercial inequalities and tyrannies, which the baals of sophisticated Canaan sponsored against the ancient ideas of social solidarity, equality, and justice for which Yahweh stood.
He read the Lives of the Fathers and wondered at the austerities of the desert hermits: «I used to imagine such a saint, who would live in the desert, and abstain from food and drink and live on a few vegetables and roots and cold water.»
But after he had seen, despite every effort to keep him from doing so, the ugly facts of sickness, poverty, old age and death, he finally renounced his princely home and comfort, even a new - born son and his much loved wife, Yasodhara, and went out into the world to become, first, a wandering mendicant seeking by austerity and ascetic practices to find release.
Plenty of noise from everywhere about how we were going to spend big and the austerity days were over but based on what?
As from 2013 to date the club has been steadily adding big name players while retaining key players, something that could not happen during the period of austerity.
Then came the period of alleged financial austerity following move from Highbury to a newly built modern stadium.
From outgoing Greek Prime Minister Papandreou's torpedoing of the G20 by his «bolt from the blue» referendum call, swiftly withdrawn under outraged pressure from the Merkel - Sarkozy tandem, to Italy's Berlusconi teetering on the edge, then announcing he will resign and abandon his attempts to cling to power, to Sarkozy himself introducing larger than expected «austerity» cuts despite the upcoming presidential election in 2012 — politics is bFrom outgoing Greek Prime Minister Papandreou's torpedoing of the G20 by his «bolt from the blue» referendum call, swiftly withdrawn under outraged pressure from the Merkel - Sarkozy tandem, to Italy's Berlusconi teetering on the edge, then announcing he will resign and abandon his attempts to cling to power, to Sarkozy himself introducing larger than expected «austerity» cuts despite the upcoming presidential election in 2012 — politics is bfrom the blue» referendum call, swiftly withdrawn under outraged pressure from the Merkel - Sarkozy tandem, to Italy's Berlusconi teetering on the edge, then announcing he will resign and abandon his attempts to cling to power, to Sarkozy himself introducing larger than expected «austerity» cuts despite the upcoming presidential election in 2012 — politics is bfrom the Merkel - Sarkozy tandem, to Italy's Berlusconi teetering on the edge, then announcing he will resign and abandon his attempts to cling to power, to Sarkozy himself introducing larger than expected «austerity» cuts despite the upcoming presidential election in 2012 — politics is back.
The gloomy headlines about life in austerity have become all too familiar reading over recent years, but what have the pressures on household budgets really meant for family life, and could some of the long - term impacts have been hidden from view behind the front door?
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.
It is not enough to show how Tory austerity has threatened the security of families and communities — we need to create a positive narrative that sets us apart from the cynicism and individualism that dominates current political discourse.
Trident involves a nuclear priesthood with an archaic language and doctrine stuck in a past conflict that matters little to most of the electorate, protected from the ravages of austerity by a political class out of touch.
It also included an evening session going beyond economics and political science to look at how times of fiscal austerity were reflected in film, cartoon and gallery art, with experts exploring these issues from the perspective of social history.
At the same time, though, diplomacy is getting weaker because of austerity, because of Iraq and Afghanistan, because of a sort of inward - ness in Europe — look at the Brexit debate — and there's a retreat generally from world leadership on lots of issues by the leading power.
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