Sentences with phrase «soaring unemployment by»

More EPA misdemeanors — EPA responds to record debt and soaring unemployment by sending hundreds of millions of dollars in «foreign handouts» to countries like China, Thailand and Indonesia to support various environmental programs over the last decade.

The ANC have made wildly optimistic promises to redistribute 15 % of land to blacks by 2013 and to halve soaring unemployment by 2014.

Not exact matches

With its flexible financial system and the gradual elimination by the 1970s of all capital restrictions, the United States was able quickly to adapt, and began running large trade deficits whose costs, in the form of unemployment and consumer debt, it was willing to absorb for geopolitical advantage, the importance of which soared during the Cold War.

By then, in late 1993, unemployment in Dutchess County had reached 10.8 %, from 3 % in 1990, and business foreclosures were soaring.

While conceding that there is «some basis» for concerns about «the negative social effects of globalization», it contends that it is «not true that globalization is an overwhelming supra - national force that has largely usurped national policy autonomy...» It asserts that «national policies can, and should, give priority to mitigating negative effects on globalization» of financial markets), and the desperate and helpless attempts by the national regimes to come to grips with the soaring unemployment situation in the face of the continuing onslaught of the «supra - national» financial markets, the above bland assertion about «national policies» has an air of unreality about it.

«By recklessly raising taxes and cutting spending too far and too fast, this government choked off the recovery, pushing up borrowing by # 150 billion and leaving unemployment continuing to soar,» he commenteBy recklessly raising taxes and cutting spending too far and too fast, this government choked off the recovery, pushing up borrowing by # 150 billion and leaving unemployment continuing to soar,» he commenteby # 150 billion and leaving unemployment continuing to soar,» he commented.

Unemployment, inflation, and mortgage repayments are soaring as a result of the crash, which has saddled Iceland with levels of debt running to tens of thousands for each of the population of 320,000 and necessitating a 10bn - dollar bailout programme led by the International Monetary Fund.

According to figures released today, unemployment soared by 49,000 in the three months prior to November, with the total now standing at 2.5 million.

Then the tech bust occurred, and by the end of 2002 the unemployment rate in the area had soared to 8.9 percent.