Sentences with phrase «severe economic strain»

«Ending DACA would place severe economic strain on businesses around the country, putting them into the impossible and extremely costly position of having to fire productive employees for no other reason than an arbitrary change in federal policy, potentially resulting in backlash from other employees, or their broader community,» the report reads.

Not exact matches

The IMF cites a number of risks to their optimistic outlook for the next two years, risks that are more concerning for the medium term (2020 and beyond), including geopolitical strains, a sudden and severe tightening of monetary policies, waning popular support for global economic integration, and a move toward protectionist trade policies that would impact global trade.

Similarly, there have been regular, severe economic crises, the most recent being in 2001 - 02, when the strain of over-indebtedness during periods of both dictatorship and democracy and IMF - backed neo-liberal policies pushed the country to major default, devaluation and 25 % unemployment.