- Location
budget deficit
"-
China February Consumer Prices up 2.3%
Mar 10, 2016China's consumer prices increased 2.3 percent in February from one year earlier, up from January's 1.8 percent, official data showed Thursday. The inflation rate, the highest since July 2014, beat expectations as economists from the ...
Tags: Consumer Prices, inflation rate
-
The US Deficit to Stay Largely Flat in 2016
Nov 4, 2015The US deficit, down from the $1 trillion-plus levels of Obama's first four years and a $483 billion gap in fiscal 2014, will stay largely flat in 2016, then begin to march upward due to rising costs for debt and caring for fast-retiring ...
Tags: budget deficit, tax rates
-
Australia Has Dropped Another Place in World Competitiveness Rankings
May 29, 2015Australia has dropped another place in world competitiveness rankings, falling further in economic performance and government efficiency rankings, raising concerns about our competitiveness as a smart economy. In releasing the Australian ...
-
Economists Call for Increased Public Spending
Dec 8, 2014Economists are calling for more proactive fiscal policies to counter the deepening slowdown in growth, as China's annual Central Economic Work Conference is set to start on Tuesday. The meeting, usually held in early December, sets the ...
-
In 2014 China Plans to Eliminate 27 Million Mt of Backward Steel Production Capacity
Mar 6, 2014On March 5, Chinese Premier Li Keqiang delivered his government work report during the opening meeting of the second session of the 12th National People's Congress (NPC) in Beijing, stating that in 2014 China's GDP is expected to grow by ...
Tags: Steel Capacity, Mineral
-
Russia's Traditional Economic Model Has Run out of Development Potential
Jan 17, 2014In 2013, Russia's economy has experienced the worst performance since the financial crisis, the growth rate is far lower than expected. The main economic difficulties for continuous zero growth of export, decline in industrial production, ...
Tags: economy, economic model
-
The Australian Dollar Is Lower and Driven Down by Strong US Data
Aug 12, 2013THE Australian dollar is lower, driven down by strong US data, a weak local inflation measure and a bleak federal government budget forecast. At 5pm AEST the local unit was trading at 89.07 US cents, down from 89.58 cents yesterday. The ...
-
Retail Sales Data for The Month of June Shows Relatively Positive Traction on The Consumer
Jul 16, 2013Retail sales data for the month of June from the United States Department of Commerce and the National Retail Federation (NRF) showed relatively positive traction on the consumer spending front despite tailing off at the end of the second ...
Tags: economy
-
Defra Announced It Is to Reduce Wrap's Budget by 40% to £15.5m
Jun 27, 2013Defra has announced that it is to reduce Wrap’s budget by 40% to £15.5m, as part of Chancellor George Osborne’s Spending Review Defra said that its funding for Wrap is to reduce to 60% of its current level of ...
-
Stockmarket Was Awash with Fresh Optimism as Greenback-Dominated Stocks Surge
May 14, 2013The stockmarket was awash with fresh optimism that the dollar may finally be on a sustained decline as it plays catch-up to the fall in interest rates and commodity prices, reversing a major earnings headwind several sectors have faced for ...
-
The Sudden Fall in Gold Prices Recently Has Proved to Be a Boon to The Jewellers
May 14, 2013The sudden fall in gold prices recently has proved to be a boon to the jewellers as consumers pan India went on buying spree and as a result jewellery sales saw a huge increase of 40 to 50%, as we normally see during Akshay Tritiya and Dhan ...
Tags: Apparel, Jewellery Industry, Accessories
-
High Unemployment and The Continued Slowdown in Economic Growth
Apr 25, 2013High unemployment and the continued slowdown in economic growth in the Southern European crisis countries in particular is still hampering economic development in the European Union (EU). While the countries moving towards recovery are ...
Tags: GFK Consumer Climate, unemployment
-
Egypt Plans to Increase Sales Taxes on Six Goods to Curb The Budget Deficit
Mar 11, 2013Egypt plans to increase sales taxes on six goods to raise state revenues by around EGP13bn (roughly $2bn), in a bid to curb the budget deficit to meet International Monetary Fund (IMF) preconditions for a $4.8bn loan, Ahram has reported. ...
Tags: Egypt, Sales Tax, State Revenues
-
Error Putt Super-Profits Tax on Wrong Industry by Passing Half-Way Mark of Profit Season
Feb 19, 2013But passing the half-way mark of this interim profit season, we now have proof that his real error was putting a super-profits tax on the wrong industry. While profits were sliding at Rio Tinto, OZ Minerals and Wesfarmers' coal division, ...
Tags: Stocks, investment, Australia
-
An Arizona School District Is Mulling Over Whether to Continue Working on a Major Software
Jan 22, 2013An Arizona school district is mulling over whether to continue working on a major software project, upgrade its legacy system or restart from scratch with a different product. The Tucson Unified School District began working on the Lawson ...