Latest News for: Fiscal risks

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Moody's raises prospects of long-term economic scar on PH

Manila Standard Today 26 Jul 2021
"Pandemic risks have weighed on the Philippines' economic recovery compared with its more export-oriented peers in the Asia-Pacific, delaying fiscal consolidation and raising the prospects for long-term economic scarring," Moody's senior vice president Christian de Guzman said in a report.
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Cash injection boosts the real economy

China.dot.org 26 Jul 2021
It clearly demonstrates that policymakers have been fully aware of the downside risks to economic growth and are implementing customized precautions ... This is the most important driving force behind the global inflation risk ... At this time, the impact of the RRR cut on the market will be limited with the shrinkage of the fiscal deficits.
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South Africa’s economy given a shot in the arm

Independent online (SA) 26 Jul 2021
Further measures would be announced for those businesses that were not insured ... He said the reinstatement of special Covid grant would help better revenue but raised fiscal risks if not done in a fiscal neutral manner. “All these measures are very positive for economic recovery, but fiscal risks are higher, although we need more detail,” Els said.
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$3.5 trillion reconciliation package could spike deficits and inflation

The Hill 26 Jul 2021
At a time of rising inflation and near record federal red ink, more deficit spending poses many risks we cannot afford. For the first nine months of fiscal year 2021, the federal government’s deficits totaled , which is actually down from the same period of the last year of the Trump administration.
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Fed now facing twin inflation, growth risks as virus jumps and supply chains falter

Union Leader 26 Jul 2021
... or not? - the Fed now "has risks in two directions," said former Fed monetary policy director and Yale School of Management professor William English, with the likelihood of more embedded inflation now running alongside risks to growth and the waning of federal fiscal support.
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What Biden can do to tamp down inflation fears

The Milton Standard Journal 26 Jul 2021
Americans have started to notice, too ... That’s wrong ... Yes, there is a risk that inflationary pressures that appear transitory today could become more enduring. That risk is driven less by Biden’s proposed fiscal policies than consumer psychology ... 1 ... This was a good move ... 2 ... 3 ... Prolonged inflation puts both the recovery and Biden’s broader agenda at risk.
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House lists remaining priority bills

Sun Star 26 Jul 2021
Another priority bill seeks to establish the Philippine Center for Disease Control ... The House will also tackle the substitute bill on the proposed Military and Uniformed Personnel (MUP) pension law, which seeks to institute long-needed reforms in the pension system of MUP and to address its attendant fiscal burden and sustainability risks.
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Bit Digital and Digihost Announce Expansion of Strategic Collaboration to Further Increase Combined Hashrates by ...

The Record 26 Jul 2021
Investing in the Company's securities involves a high degree of risk. Before making an investment decision, you should carefully consider the risks, uncertainties and forward-looking statements described under "Risk Factors" in Item 3.D of our most recent Annual Report on Form 20-F for the fiscal year ended December 31, 2020.
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Duterte set to push virus recovery, successor in annual address

Finger Lakes Times 26 Jul 2021
The Philippine leader has maintained majority support in Congress in the past five years, solidified during the 2019 elections ... “Before we end our term, the Duterte administration will make sure that we help the next president and the next generations address fiscal and economic risks,” Finance Secretary Carlos Dominguez said last week ... .
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Philippines: Duterte set to push Congress on COVID-19 recovery, successor

Gulf News 26 Jul 2021
In his last annual address to Congress on Monday, Duterte is expected to urge lawmakers to pass bills to complete his tax agenda ... "Before we end our term, the Duterte administration will make sure that we help the next president and the next generations address fiscal and economic risks," Finance Secretary Carlos Dominguez said last week ... .
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Duterte’ Covid-19 recovery ideas aimed at setting up his preferred candidate

Business Day 26 Jul 2021
In his final annual address to Congress on Monday, Duterte is expected to urge legislators to pass bills to complete his tax agenda ... “Before we end our term, the Duterte administration will make sure that we help the next president and the next generations address fiscal and economic risks,” finance secretary Carlos Dominguez said last week.
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Yuan looks more inviting to global central banks

Asiatimes 26 Jul 2021
There’s also a longer-term risk at play, notes Cornell University economist Eswar Prasad, author of The Future of Money ... That begins not just with Treasury Secretary Janet Yellen balancing the need for more fiscal stimulus against the risks of overborrowing.
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Dorman Products, Inc. Reports Second Quarter Results

Tyler Morning Telegraph 26 Jul 2021
These risks, uncertainties and other factors include, but are not limited to ... Risk Factors” in the Company’s Annual Report on Form 10-K for the fiscal year ended December 26, 2020, the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ended March 27, 2021 and the Company’s other filings with the U.S.
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Are the Olympic Games a springboard for investors to revisit Japan?

The National 26 Jul 2021
As the eyes of the world turn on Japan during the troubled Tokyo Olympic Games, investors will be wondering whether its stock markets can still deliver gold ... Naturally, there are risks to investing in Japan. Some fear the country has overdone the fiscal and monetary stimulus and its recovery could come to a swift end once this is withdrawn ... .
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Letters: Consider how our lives have been built upon wise risk

Pioneer Press 25 Jul 2021
I ask fiscal conservatives to consider the risk they themselves are willing to take in, say, the stock market or a new business, as they build their wealth, and I ask them to further consider whether our country is not presently at a point to assume just such a risk.
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