Sentences with phrase «out of recession by»

Look at the prediction of the International Monetary Fund that Nigeria might come out of recession by the first quarter of 2018 — it is also a pointer to what the President has said.

The International Monetary Fund has predicted that the Nigerian economy will be out of recession by 2017.

Banks want to play their full part in helping the UK pull out of recession by supporting individuals and businesses.

Not exact matches

Non-energy exports have climbed out of the massive pit left by the Great Recession, but they are nowhere near the level the central bank's models suggest they should be.

The professional watchers of the Bank of Canada were badly embarrassed by Governor Stephen Poloz's decision to take out recession «insurance» in January.

Still, the good news on that front is Europe: The eurozone has formally crawled out of recession, the U.K. is coming along at modest but positive pace, and Eastern Europe is being buoyed by growth in Germany.

Figuring out ways to regulate trading by sophisticated investors in derivatives, which go by exotic names such as «currency forwards» and «credit default swaps,» is a hot topic in international policy circles, largely because failures on this murky side of the market are blamed for the 2008 global credit meltdown and the recession that followed.

As I've noted before, a recession is essentially a time when the mix of goods produced by the economy has become out of line with the mix of goods demanded.

According to James Hamilton, a professor of economics at the University of California, San Diego, 10 out of 11 recessions since the Second World War were preceded by a spike in energy prices.

Not only did he want continuity at the Fed, but the president said he needed Summers by his side in the White House as he tried to lift the economy out of a deep recession, according to people familiar with the conversation.

We think by the end of this year Europe will come out of recession.

While I'm not persuaded by the argument that Canada needs countercyclical Keynesian deficit spending (I think we're already out of recession), I do know what fiscal policy I would consider worse: arbitrarily cutting spending in a weak economy to balance the budget in light of a revenue shortfall stemming from lower than expected nominal GDP.

To explain, I point out that if the Fed had done nothing in response to the bust of 2000 - 2002 then there would have been a severe recession, but the economy would probably have made a full recovery by 2004 and there would have been no mortgage - credit / housing - investment bubble and therefore no 2007 - 2008 crisis.

As usual, I don't place too much emphasis on this sort of forecast, but to the extent that I make any comments at all about the outlook for 2006, the bottom line is this: 1) we can't rule out modest potential for stock appreciation, which would require the maintenance or expansion of already high price / peak earnings multiples; 2) we also should recognize an uncomfortably large potential for market losses, particularly given that the current bull market has now outlived the median and average bull, yet at higher valuations than most bulls have achieved, a flat yield curve with rising interest rate pressures, an extended period of internal divergence as measured by breadth and other market action, and complacency at best and excessive bullishness at worst, as measured by various sentiment indicators; 3) there is a moderate but still not compelling risk of an oncoming recession, which would become more of a factor if we observe a substantial widening of credit spreads and weakness in the ISM Purchasing Managers Index in the months ahead, and; 4) there remains substantial potential for U.S. dollar weakness coupled with «unexpectedly» persistent inflation pressures, particularly if we do observe economic weakness.

(Don't be intimidated by the 69 pages of footnotes; while meticulously researched, this is a captivating read for anyone seeking clarity on why Wall Street can collapse, get bailed out by the taxpayer, cause a Great Recession and still call the shots in Washington.)

The longer we go on without raising the more certain this end becomes, if rates were raised in 2010 we would have had a recession and be well out of it by now.

«University of California, San Diego, economist James Hamilton noted in a recent study that 10 out of 11 post-World War II recessions [PDF] in the United States were preceded by a sharp increase in the price of crude petroleum.

As we have long expected, the economy is tracing out a trajectory typical of the weak recoveries that follow balance - sheet induced recessions and credit crises caused by highly excessive debt.

Coming out of the recession of the 1980's Canada's fiscal structure was such that it was referred to by the Wall Street Journal as «an honourary member of the third world».

This is sad that our system is beset by Republicans that think the best way out of a recession is to eliminate more jobs and take away workers and social protections so they can further the system that caused the economic collapse in the first place.

Your message reads as if you were afraid somebody will have some fun or make some money, and this when the nation is coming out of a recession and anybody with any sense is cheered by the signs of consumer confidence!

But that and many of the sport's other plans flamed out after the recession, when the states that many fans come from — Florida, Georgia, Alabama, Mississippi, Arkansas, and California — were hit the hardest by the economic crash.

By the special grace of God I used to be a politician, I'm one of the people that people in the National Assembly will not accept and because there is an urgent need for us to take Nigeria out of recession and Post can contribute huge amounts of money to the National coffers that will be distribute among the tasks of government and most importantly, Post can render what we call financial inclusion service, that's getting the people in rural areas, farmers, artisans who don't have access to normal bank services because Post offices are scattered all over the rural places.

The data is unambiguous on current economic conditions - GDP growth in the last quarter of 2015 was a meager 2.11 % with full year growth of 2.79 % according to the National Bureau of Statistics (NBS); inflation rose sharply to 11.4 % in February with prospects of reaching 12 % by March; capital markets have remained bearish; according to UNCTAD Nigeria's FDI fell by 27.7 % to $ 3.4 billion in 2015, and on current trends may fall even more precipitously in 2016; the de facto exchange rate of the Naira for most producers and consumers is now N322 / $ even though CBN maintains a nominal N197 / $ for privileged persons; several economic sectors - construction, government, manufacturing, oil and gas and hotels and restaurants are in recession or barely out of it; government's official foreign reserves is down to $ 27.8 bn; and unemployment and under - employment rates have worsened 10.4 % and 18.7 % by the end of 2015.

By June 2011, as the UK economy headed for recession, Balls had largely set aside the issue of Labour's economic legacy and was locked in battle with George Osborne over how to lift the economy out of a deepening slump.

«The DAIRY Act will give the New York dairy community the boost it needs to ride the Greek yogurt wave... After years of struggle caused by the recession, I want to make sure as much of that milk as possible comes from New York and that our state's dairy farmers don't miss out on this amazing opportunity to grow their businesses.»

A statement signed by Mohammed's media aide, Mr Segun Adeyemi, said the minister noted that pulling Nigeria out of recession was not by accident.

He points out that over that period Britain experienced a severe recession and a significant squeeze on living standards and yet industrial relations in Britain were generally good and the number of strikes were and still are low by historical standards.

The New York State AFL - CIO is willing to continue to work with Governor Paterson and both houses of the legislature to pass meaningful Unemployment Insurance legislation that accomplishes the goals of helping individuals who have been victimized by the current recession, and bringing our economy out of this historic economic downturn.»

It is my humble view and submission that Nigeria will still and shall still come out stronger and better of this current economic recession without necessarily opting for a cheap idea of selling our national assets but by urgently taking a drastic and sincere step on some of our untapped resources that are readily available at our disposal.

While middle and working class Americans have been devastated by Great Recession, the wealthiest have done just fine, while their tax burden remains the lowest it's been in over 40 years.The last few months have seen the emergence of a counter-narrative which focuses attention on economic inequality and a tax system in New York State out of kilter with notions of fairness and equality.

In the area of economy, this is a government that came when oil prices crashed, but as a result of various economic measures taken by this government, we are out of recession.

He informed his audiences at the various locations where he was received with fanfare that with the cantankerous and combative stance of the the present administration, Ekiti state is losing out on billions of Naira that could have come into the state in form of support from many of the intervention initiatives by the federal government to cushion the effect of the recession and restore the economic health of the nation.

The state's unemployment insurance fund was more than $ 3.5 billion in deficit during the recession in 2008 and 2009, but has slowly climbed out of the hole, leading to a drop in the rate paid by employers.

I also pointed out that Nigerian manufacturing was already in recession by then and noted that «all major macroeconomic indices are trending negative» including inflation, FX and capital markets, and jobs and warned that «the Nigerian economy exhibits recessionary conditions with Q2 growth approaching one - third of the level just one year earlier» and counselled that «the slide to an actual recession may still be averted with a strong economic team and sound policy».

«Claiming that Nigeria is out of economic recession without any corresponding effect on the living condition of the people is just like they said Boko Haram had been defeated and over 400 people were killed by the insurgents in the last five months,» Fayose said.

The National Leader of the All Progressives Congress, Asiwaju Bola Tinubu, has urged the Federal Government to bring Nigeria out of the throes of recession by urgently reviewing its monetary policies.

Treasury Chief Secretary Liam Byrne said the increase was explained by recovery in the economy as the country comes out of recession and existing tax plans such as the 50p rate for top earners.

ALBANY, N.Y. — New York state Comptroller Thomas DiNapoli's 2009 tax returns made public Monday show the Democrat's annual income rose by just $ 29, as he guided the $ 129 billion state pension system out of recession.

School aid, in fact, increased through the recession, McMahon pointed out, because of federal stimulus aid, which ran out by the time Cuomo took office.

Udoma, who stated this while briefing State House correspondents on Wednesday, pointed out that the growth was higher than that of the previous quarter, when the economy grew by 1.40 per cent and 0.72 per cent in the second quarter, which according to him was a confirmation that Nigeria had fully exited recession.

Speaking with newsmen in Enugu at the weekend, the Minister stated that calls for a new economic team to steer the country out of recession is propelled by job seekers and echoed by their friends in the media.

They expired last week when lawmakers failed to continue a 2008 recession - era federal law providing nearly a year of benefits, paid for by U.S. taxpayers, that kicked in when state jobless benefits ran out.

The Nigeria Labour Congress has said it will mobilise Nigerians for nationwide protests to resist the plan by the Federal Government to sell strategic assets under the guise of using the funds to be generated to get the country out of recession.

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has assured Nigerians that the country would get out of economic recession latest by the end...

«The economy has started responding to these policy initiatives of the government as evidenced in the improvement and stability of the naira exchange rate; increase in the country's foreign reserves and the recent announcement by the National Bureau of Statistics NBS that the country has officially come out of recession.

Aides said November's PBR would not set out plans department by department in the manner of a comprehensive spending review, but would instead set out Labour «priorities and programmes» for the three years following the end of the recession.

Stressed out by the 10th anniversary of 9/11, the double - dip recession or just the day to day grind of modern life?

Because of the recession and financial restrictions, more men and women are going to be working out at home or in the park, but by including all of the other trends mentioned in this article, they will still be able to lose fat and sculpt their muscles.

Feeling the aftermath of the Recession, Theresa tries to regain a foothold in her underworld, professional and private life as her employees start to undermine her by looking for a way out of her fledgling criminal empire.