stimulus package
December 21, 2009 - 7:43am | Analytics | News
|
|
 Joseph Stiglitz, Nobel Prize-winning economist, alerts US economy will face the new wave of recession in the second half of next year. "There is a significant chance that the number will be in the negative range."
So, Stiglitz urged the government to prepare a second stimulus package to spur job creation.
|
0 points
October 15, 2009 - 7:45am | Law aspects | News
|
|
Barack Obama proposed another $13 billion in spending next year which implies $250 per person to help about 57 million senior citizens, disabled people and military veterans weather the economic recession.
The aid comes as an extension of the one-year $250 "Economic Recovery Payments" program approved this year as part of the $787 billion economic stimulus package. However, that won’t be a start for another stimulus, say administration officials.
|
0 points
October 7, 2009 - 9:12am | Figures | News
|
|
A recent national survey from ThomasNet shows that businesses are very optimistic about their growth and their ability to survive through the recession in spite of all the challenges they face in the current tough environment when customers’ are increasingly reducing their spending.
The survey polled 800 executives, managers and engineers from small, midsize and large companies. 79% of the respondents said that they believe the US economy will improve by the second quarter of 2010 or sooner with 35% expecting their business to grow by the year end.
|
0 points
September 29, 2009 - 11:52am | Analytics | News
|
|
The US economy needs another cash infusion to take off, as the first stimulus package was insufficient to help the US consumer start spending, and longer-term it needs to devalue the dollar, investor Wilbur Ross told CNBC Tuesday.
President Barack Obama's efforts to kick-start the economy by programs such as cash for clunkers need to be followed by "more dramatic" efforts, Ross told "Squawk Box."
|
0 points
September 11, 2009 - 2:05am | Analytics | News
|
|
President Obama's economic advisers estimated Thursday that the economic stimulus package has saved or created about 1 million jobs, drawing immediate criticism from Republicans.
Christina Romer, the head of Obama's Council of Economic Advisers, said her team consulted other economists for its report to Congress on the likely effects of the $787 billion package of tax cuts, government spending and aid to states. |
-1 points
September 3, 2009 - 10:53am | Analytics | News
|
|
According to Vice President Joe Biden, the massive government program intended to stimulate and reshape the economy is reaching and exceeding goals. Nearly 200 days into the effort, Biden says it is more effective "than we had hoped." Biden's upbeat report card, released in advance by his office, comes as economists say the country is slowly breaking free of the most crippling recession in decades. |
0 points
August 31, 2009 - 3:02am | Analytics | Articles
|
|
In the survey that polled about 266 members of the National Association for Business Economics (NABE) experts expressed their opinion on the economic policies practiced by the US administration. They said that there is no need in a second fiscal stimulus package, instead the government should cut spending over the next two years.
|
0 points
August 17, 2009 - 2:55am | Figures | News
|
|
According to a Reuters poll, Japan's economy grew 0.9 % in the three months to June, marking the first expansion in five quarters on the back of exports and government stimulus spending. The growth in the world's No.2 economy provided further evidence that the worst of the damage wrought by a global financial crisis may be over. However, analysts and policy-makers are wary about the outlook, which depends on a recovery in world demand, saying that it will be a long road to a sustained recovery.
|
0 points
July 3, 2009 - 6:36am | Analytics | Articles
|
|
At the hardest times of the crisis frenzy many people believed that the recovery of the Asian economy along with the largest part of the world depends on China’s prosperity. But as China’s governmental agencies are crowing daily over the achievements in the national economy Asia as well as the rest of the world feel little or no effect at all. Japan as a largest economy in Asian region is getting worse every day. |
0 points
June 15, 2009 - 7:46am | Analytics | News
|
|
Meeting in Lecce, southern Italy, at the weekend, Group of Eight finance ministers expressed their opinions on the state of their economies noting that they has significantly improved since the collapse of Lehman Brothers nine months ago. However, their nations will not move to withdraw stimulus plans yet.
|
1 point
June 8, 2009 - 10:37am | Analytics | News
|
|
On Sunday addressing an audience at Shanghai's Fudan University George Soros said that the influence of China is yet to grow faster than most people think with its isolation from the global financial system and a heavy state role in banking aiding a relatively swift economic recovery.
"In many ways, Chinese banking has benefited from being isolated from the rest of the world and is in better shape than the international banking system," he told.
|
0 points
May 26, 2009 - 5:51am | Figures | News
|
|
President Dmitry Medvedev has declared that Russia's economy will shrink by more than originally forecasted this year.
Government is set to run a budget deficit of at least 7 per cent of GDP.
Elvira Nabiullina, Economy Minister of the country, stated that the economy may contract as much as 8 per cent this year, which is a steeper decline than the ministry had forecasted in January.
|
1 point
May 11, 2009 - 9:12am | Analytics | News
|
|
The United States risks to lose a decade of growth like Japan did, if it does not take aggressive action to stimulate its economy and clean up its banking system, stated Paul Krugman, Nobel Prize-winning economist, a Princeton University professor and a New York Times columnist. He said, while it was not clear if China would suffer sub-par growth as a consequence of the fallout of the present crisis, the U.S. and the euro zone would have Japanese-type lost decades. |
0 points
April 9, 2009 - 8:20am | News | Other themes
|
|
It has been revealed that Japan's ruling Liberal Democratic Party was seeking a new stimulus package involving 15 trillion yen ($150.4 billion) with the aim of helping contract workers and small businesses, boosting regional economies, expanding "green" technologies and supporting elderly care recovering from the recession.
|
-1 points
March 31, 2009 - 9:55am | News | Other themes
|
|
Japanese local media has disclosed that the country Prime Minister, Taro Aso, will announce details of the plans for another stimulus package later Tuesday.
Kaoru Yosano, Finance Minister of Japan stated he expected the prime minister “to issue some kind of instructions” for a new spending plan to strengthen the economy, as well.
|
-1 points
|
Did not find what you want? Try to search all ecommerce sites!
|
|
|
