Sentences with phrase «years of austerity from»

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.

Not exact matches

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.
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).
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.
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.
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).
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.
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?
Change comes to those with the courage to will it; 20 years from now let people say this great generation created a decade not of austerity, but shared prosperity, not of conflict, but of peace, not of inequality and climate chaos, but of sustainable development in the interests of all.
Hammond has loosened Osborne's fiscal rules, but he will press ahead with most of the pre-planned austerity measures — though the tax credits rebellion forced the government to promise not to look for fresh savings from the welfare bill in future years.
The present government has protected many of the benefits for the over-65s from the austerity of recent years.
The results of the General Election are in, and they represent a tremendous vindication of Jeremy Corbyn and the Labour left, who have insisted since he was put on the ballot two years ago that Labour can and would make gains running from the left, and that there is a route to power that doesn't involve triangulating the Tories, or compromising on key issues such as austerity.
The groups believe that in light of the lack of job creation three years into a so - called recovery from the Great Recession, lawmakers should reject the Governor's effort to enact yet another austerity budget.
In general accounts it was defined by privation and austerity brought on by the personal and economic sacrifices of six years of world war but with a hopeful accompaniment of starting from scratch, of fabricating one's individualized expression out of the rubble.
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