Latest News for: Fiscal risks

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Should emerging Asia worry about a “taper tantrum” post-COVID-19?

Asia Pathways 20 Sep 2021
EME asset markets in Asia and elsewhere suffered losses as investor risk aversion rose ... A well-communicated strategy to markets, particularly on exit, is central to the effectiveness of this financing of the fiscal deficit to reduce the risks of de-anchoring inflation expectations and compromising central bank independence.
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Retro tax to bad bank to telecom: Political call to bite economic bullet

Indian Express 20 Sep 2021
Significantly, almost all these moves were discussed time and again in the past but were jettisoned given the challenges involved and the risks of moral hazard ...India, unlike the US, can’t print currency – it has limited fiscal space.
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Canada poll heralds increased spending

The Manila Times 19 Sep 2021
Canada entered the pandemic in a strong fiscal position after a long era of frugality, allowing it to dole out hundreds of billions of dollars in Covid emergency aid ... But Kevin Page, head of the University of Ottawa's Institute of Fiscal Studies and Democracy, warned that there is always a risk that rates would go up.
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Paying the piper to play big project tune

Irish Independent 19 Sep 2021
Unfortunately, the substance is another respecter of tradition, including resorting to pro-cyclical expansion when the prospects are already good, at the risk of destabilising cutbacks to coincide with the next slowdown. The Fiscal Advisory Council, the body charged with offering ...
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Ghana’s debt levels topping 80% of GDP; unsustainable – Mahama bemoans

Ghana Web 18 Sep 2021
He added. “Our debt has ballooned to unsustainable levels- topping 80% of GDP- exposing us to very high risk of debt default ... “The stable outlook balances risks from fiscal and external financing pressures against the country’s medium-term economic growth prospects ... The government, however, is committed to debt sustainability and fiscal consolidation.
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Ghana’s debt levels topping 80% of GDP; unsustainable – John Mahama

Ghana Web 18 Sep 2021
He added. “Our debt has ballooned to unsustainable levels- topping 80% of GDP- exposing us to very high risk of debt default ... “The stable outlook balances risks from fiscal and external financing pressures against the country’s medium-term economic growth prospects ... The government, however, is committed to debt sustainability and fiscal consolidation.
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Digital currency clears a path for helicopter money, says Eswar Prasad

The Times of India 18 Sep 2021
There is a risk because helicopter money on one level really is fiscal policy and if the central bank starts being seen as the agent of the government in terms of implementing fiscal policy, that poses risks to the central bank’s independence which ultimately might not be great.
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Astellas' and Pfizer's XTANDI® (enzalutamide) Reduced Risk of Death by 34% in Men with Metastatic ...

The Salamanca Press 18 Sep 2021
A further description of risks and uncertainties can be found in Pfizer's Annual Report on Form 10-K for the fiscal year ended December 31, 2020 and in its subsequent reports on Form 10-Q, including in the sections thereof captioned "Risk Factors" and "Forward-Looking Information ...
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FDA Advisory Committee Votes Unanimously in Favor Of COMIRNATY® Booster for Emergency Use in People ...

The Marshall News Messenger 18 Sep 2021
A further description of risks and uncertainties can be found in Pfizer’s Annual Report on Form 10-K for the fiscal year ended December 31, 2020 and in its subsequent reports on Form 10-Q, including in the sections thereof captioned “Risk Factors” and “Forward-Looking Information ...
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The new social-care levy: an unfair tax that protects the “assetocracy”

Moneyweek 18 Sep 2021
Boris Johnson. hoping voters won’t connect all his stealthy tax rises. © PAUL EDWARDS/POOL/AFP via Getty Images. What has been announced? ... A white paper is due within weeks ... There’s a risk that the NHS will permanently “swallow up” the whole £12bn, says the Institute for Fiscal Studies, leaving nothing to fund social care plans. Are the rises fair? ... .
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El Salvador bond spreads widen sharply after reelection ruling, bitcoin move

The Times of India 17 Sep 2021
The government's push to adopt bitcoin increases the risk that it could run out of cash. "The risk of fiscal unsustainability could increase as fiscal revenues would be exposed to the evolution of the exchange rate USD/Bitcoin," said Fabiano Borsato, chief operating officer at Torino Capital in New York.
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MasterCraft Boat Holdings, Inc. Updates Guidance for Fiscal First Quarter 2022

Omaha World-Herald 17 Sep 2021
These and other important factors discussed under the caption “Risk Factors” in our Annual Report on Form 10-K for the fiscal year ended June 30, 2021, filed with the Securities and Exchange Commission (the “SEC”) on September 2, 2021, could cause actual results to differ materially from those indicated by the forward-looking statements.
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El Salvador's bitcoin adoption has \

Reuters 17 Sep 2021
S&P said the main risks were that it could threaten its hopes of securing a support programme with the International Monetary Fund, increase fiscal vulnerabilities and hurt banks by creating currency ...
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El Salvador's bitcoin adoption has "immediate implications" for rating: S&P Global

The Times of India 17 Sep 2021
S&P said the main risks were that it could threaten its hopes of securing a support programme with the International Monetary Fund, increase fiscal vulnerabilities and hurt banks by creating currency mismatches when they dish out loans.
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The Big Three Credit Agencies Critique El Salvador’s Bitcoin Adoption — S&P Global Warns of ...

Bitcoin 17 Sep 2021
On August 17, 2021, Bitcoin.com News reported on Fitch Ratings detailing that El Salvador adopting bitcoin (BTC) as a legal currency may push the country toward “regulatory and operating risks.” ... One of the largest risks is getting support, S&P said from programs like the International Monetary Fund (IMF).

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