Sentences with phrase «running a surplus by»

Osborne doesn't care that he almost certainly won't be running a surplus by 2020.

Not exact matches

Shortly before leaving office, George Osborne abandoned the government's target of running a budget surplus by 2020, blaming the uncertainty surrounding Britain's shock decision to leave the European Union.
According to the measures employed by the study's authors, Campbell did an excellent job by containing government spending, lowering taxes and running budget surpluses.
For much of the nineteenth century, the United States also ran trade deficits and capital account surpluses, but while there were already capital flows driven by investors making independent decisions about where to park their money, roughly 90 percent of the international business done by London banks consisted of trade finance.
U.S. investment exceeds U.S. savings, and the United States runs a trade deficit that is by definition equal to the gap between investment and savings.1 It also runs a capital account surplus equal to the gap because this is the amount of net foreign capital inflow that bridges the gap, and the trade account and the capital account for any country must always balance to zero.
Of course a net exporter of capital is by definition a country that is running a current account surplus.
If China runs a capital account deficit and the US a capital account surplus, and these are roughly equal to net purchases by the PBoC and other Chinese government entities of US government bonds and US assets, China will run a current account surplus exactly equal to its capital account deficit.
The United States during this period ran large trade surpluses and capital account deficits as it exported its excess savings to fund its net exports while the growth of its trading partners was constrained by their urgent investment needs.
In the 1950s in response to a global «dollar shortage» that had impeded the return of international trade in the late 1940s and 1950s, Germany and other countries implemented policies, including sharply undervalued currencies, aimed at acquiring dollars by running large trade surpluses.
And he pledged to lower U.S. trade deficits by raising tariffs on goods from countries that run large trade surpluses with the U.S.
Because capital exports are just the obverse of a current account surplus, this meant that after spending much of the 1990s in deficit, Germany's excess production, caused not by a surge in production but rather a decline in consumption, was resolved by the country's running a current account surplus.
This prompted Chinese officials to counter U.S. attempts to blame it for running a trade surplus by retorting that U.S. financial aggression «risked bringing mutual destruction upon the great economic powers.»
The trade implications are clear: China ran a $ 22 billion trade surplus, and the U.S. trade deficit increased by $ 19 billion.
First, trade imbalances originate in other countries that resolve them directly by exporting excess savings to the United States, and indirectly by exporting excess production in the form of intermediate goods shipped to several countries in a value chain, which in turn run trade surpluses with the United States.
Because the current account ran a $ 22 billion surplus, the sum of the capital account and the central bank account had to run a $ 22 billon deficit, and given that the former was in $ 30 billion surplus, the later must have run a $ 52 billion deficit, that is, central bank reserves rose by $ 52 billion.
If the US were to run a positive current account balance with all of the other 9 largest economies in the world, the chance of the US running large, persistent current account deficits with the entire world would be tiny cuz that'd assume huge surpluses by countries that account for ~ 1 / 3rd of world GDP.
To return to our example, we want to understand what will happen if China runs a $ 22 billion trade surplus and exports the full amount to the United States, which causes the U.S. capital account surplus and the US current account deficit both to rise by $ 19 billion.
Countries had to obtain gold by running trade and payments surpluses in order to increase their money supply to facilitate general economic expansion.
However, the deficit has been eliminated by the decision to continue to run a surplus of over $ 3 billion per year in the Employment Insurance account until 2017.
China runs large trade deficits with most east Asian countries, but these are more than offset by trade surpluses with the United States and Europe.
Much of the debate over the past years about the benefits and the costs global specialization, primarily the rapid advance of China as a major manufacturing center has been less about the financial costs — the $ 12 trillion dollars of additional liquidity that the US consumers offered to the world (the cumulative US trade deficit from 1990 through 2015 compared to the over $ 3 trillion dollars in trade surplus run - up by China over this same period — and more in terms of the jobs lost and the impact of foreign products on American wages in manufacturing.
There is reason to be skeptical that New York will run a multi-billion dollar surpluses in the coming fiscal years, according to a preliminary report on the 2014 - 15 state budget released on Monday by Comptroller Tom DiNapoli's office.
His commitment to run a surplus on capital and current spending in the next parliament was challenged by Labour, who said Osborne had failed to meet his two fiscal targets in this parliament.
(It was only Al Gore's tie - breaking vote that saved the Clinton budget, which ended up being a major reason for the surpluses the country was running by the end of the decade.)
The focus of all the anger, a U-turn over voting with the Government on George Osborne's plan to run a budget surplus by 2019.
In «Global wheat: The risks behind the records,» a report published by AHDB in February 2018, Kaur Purewal and colleagues suggest that, despite an unprecedented run of surplus global wheat production in the last four years, there is a relatively small cushion for large - scale importers to fall back upon, if imports become harder to obtain.
So, in the vast majority of cases, any calorie surplus you run will be autonomically regulated by eating less later on when the initial surplus is a fat surplus, but not when it is a sugar surplus.
The boots on the ground multiplayer is second to none, but the vehicular action which was always the focus of Battlefield has moved to the wayside, replaced by run and gun action and a surplus of snipers picking people off.
She lives in the North of England with her family and, in her spare time, runs a charity that digs wells for schools in The Gambia, enabling the children to grow food to eat while at school, with any surplus sold by the schools to buy supplies.
After running the numbers, Heath projects the couple has enough money to retire by 55 — with a healthy surplus of more than $ 430,000.
It was projected that the surplus was going to run out by I think 2015.
We have had political scandals, economic crisis, been run by Democrats and Republicans, who have both given us record budget surpluses and record budget deficits.
In the long run this energy surplus is necessarily dissipated as heat generated by friction, turbulence, and fracturing.
FDR ran deficits, Truman ran deficits (but also surpluses with a GOP Congress & rapid defense cuts), Ike had surpluses with GOP Congresses but not with Democrat, JFK ran deficits, LBJ ran deficits, Nixon had just one surplus, thanks to Democrat Congresses, Ford ran deficits under Democrat Congresses, Carter ran deficits, Reagan ran deficits, thanks to his budgets» being declared «DoA» by Tip, Clinton ran deficits until the GOP took control of Congress & Bush ran deficits, under mixed Congressional control.
A Co-operative Society is a membership organisation run for the mutual benefit of its members — serving their interests primarily by trading with them or otherwise providing them with goods, services and facilities — with any surplus usually being ploughed back into the organisation, although profits can be distributed to members.
There are various tips that have been used over the past years by thousands of car owners and these have brought great results and helped in creating surplus in the long run.
Keep cigarette smoke, surplus moisture and chemicals out of your home and be sure to air out your space by opening a window or running exhaust fans in the bathroom and kitchen if only for a few minutes each day.
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