User login

Google Friend Connect

loading...
Home
Syndicate content
shortfall

Budget Deficit in U.S. Widens to Record $221 Billion (Update2)

Thu 11/03/10 - 05:35:44 vs6
Article image
The excess of spending over revenue increased to $221 billion last month, compared with a shortfall of $194 billion in February 2009, according to Treasury Department figures released today in Washington. The figures show the deficit this year will likely surpass the record in the fiscal year
Article image
Tags : bloomberg.com, Wash, Troubled Asset Relief Program, Tax, Social Security Administration, social security, Short, SGD, Security, Quote, Medicare, Medicaid, gdp, EBT, bloomberg, financial economist, budget deficit, time homebuyer, hangover, shortfall, five months, stimulus

Budget Deficit in U.S. Widens to Record $221 Billion (Update2) - Bloomberg.com

Thu 11/03/10 - 05:35:17 vs6
Article image
The excess of spending over revenue increased to $221 billion last month, compared with a shortfall of $194 billion in February 2009, according to Treasury Department figures released today in Washington. The figures show the deficit this year will likely surpass the record in the fiscal year
Article image
Tags : bloomberg.com, Wash, Troubled Asset Relief Program, Tax, Social Security Administration, social security, Short, SGD, Security, Quote, Medicare, Medicaid, gdp, EBT, title.Bloomberg, bloomberg, financial economist, budget deficit, time homebuyer, hangover, shortfall, five months, stimulus

US posts record budget deficit: $US221b

Thu 11/03/10 - 04:39:46 vs6
Article image
The US posted its largest budget deficit on record in February as the government boosted spending to help revive the economy. The excess of spending over revenue increased to $US221 billion last month, compared with a deficit of $US194 billion in February 2009, according to Treasury
Article image
Tags : smh.com.au, Wash, Troubled Asset Relief Program, Standard & Poor's, Social Security Administration, social security, Security, Medicare, Medicaid, gdp, EAD, bloomberg, income tax collections, tax receipts, health care reform, chief economist, foreign investors, title.budget deficit, budget deficit, shortfalls, time homebuyers, five months, shortfall, stimulus, trillion, recession

U.S. Posts Record Budget Deficit of $221 Billion (Update1) - Bloomberg.com

Thu 11/03/10 - 04:39:10 vs6
Article image
The excess of spending over revenue increased to $221 billion last month, compared with a shortfall of $194 billion in February 2009, according to Treasury Department figures released today in Washington. The figures show the deficit this year will likely surpass the record in the fiscal year
Article image
Tags : bloomberg.com, Wash, Troubled Asset Relief Program, Social Security Administration, social security, Short, SGD, Security, Quote, Medicare, Medicaid, gdp, EBT, title.Bloomberg, bloomberg, income tax collections, financial economist, tax receipts, budget deficit, time homebuyer, five months, hangover, shortfall

US posts record budget deficit: $US221b | Economy

Thu 11/03/10 - 04:38:40 vs6
Article image
The excess of spending over revenue increased to $US221 billion last month, compared with a deficit of $US194 billion in February 2009, according to Treasury Department figures released today in Washington. In fiscal 2009 that ended in September, the shortfall reached a record $US1.4
Article image
Tags : businessday.com.au, Wash, Troubled Asset Relief Program, Standard & Poor's, Social Security Administration, social security, Security, Medicare, Medicaid, gdp, bloomberg, income tax collections, tax receipts, health care reform, chief economist, foreign investors, shortfalls, time homebuyers, five months, shortfall, stimulus, trillion, recession

Train project goes off the rails

Wed 10/03/10 - 08:42:56 vs6
Article image
THE NSW Government faces another transport project running into financial difficulty after a ratings agency warned of a possible funding shortfall in a contract to deliver 626 train cars to Sydney's rail network. Less than three weeks after the Premier, Kristina Keneally, canned the $5
Article image
Tags : smh.com.au, shares, Moody's, insurance, train cars, lack of confidence, transport project, debt markets, junk status, financial forecasts, financial profile, guarantors, financial difficulty, investment grade, financial stability, shortfall, five months

A super way forward

Wed 10/03/10 - 08:35:09 vs6
Article image
THE current reviews into the nation's $1.1 trillion savings pool may see greater competition, cost cutting and improved services in our superannuation system, but surely one of the key goals must be to enable all Australians to adequately fund their retirements, and meet whatever
Article image
Tags : smh.com.au, Single, RON, retirement, Pit, no doubt, retirement incomes, compulsory contribution, retirement income, superannuation contributions, key goals, improved services, community focus, detailed research, pension system, voluntary contributions, retirements, current reviews, cost cutting, current system, adequacy, shortfall, trillion, incentives

Investors grab bigger share of home loans

Tue 09/03/10 - 09:33:24 vs6
Article image
Australian Finance Group (AFG), which claims over 10 per cent of the mortgage market, said that 34.1 per cent of all mortgages it arranged nationally in February were for property investors. That was the highest proportion for investors recorded in the 16-year history of AFG's survey of
Article image
Tags : news.com.au, RON, title.Invest, Invest, 12 months, first home buyers, mortgage market, future price, driving force, shortfall, total value, proportion, mortgages, title.loans, loans

Investor demand for housing loans strong

Tue 09/03/10 - 08:53:24 vs6
Article image
AAP Investors have returned from summer holidays to grab their largest share of housing loans since at least 1994, according to a survey by a mortgage broker. Australian Finance Group (AFG), which claims over 10 per cent of the mortgage market, said on Tuesday that 34.1 per cent of all
Article image
Tags : news.smh.com.au, spa, RON, title.Invest, Invest, 12 months, first home buyers, title.housing loans, housing loans, mortgage market, summer holidays, future price, mortgage broker, driving force, shortfall, total value, proportion, mortgages, AAP

Failed US banks may get pension-fund backing as FDIC seeks cash

Tue 09/03/10 - 03:14:31 vs6
Article image
Direct investments may allow funds such as those in Oregon, New Jersey and California to cut fees for private-equity managers, and the agency to get better prices for distressed assets, the people said. They declined to be identified because talks with regulators are confidential. Oregon's
Article image
Tags : businessday.com.au, Troubled Asset Relief Program, tarp, retirement, Long, LLC, Investing, Invest, title.FDIC, fdic, title.Fail, decade, bloomberg, assets, state pension system, state pension funds, limited partnerships, bank failures, day management, management fees, rescuers, shortfall, amount of money

Portugal forced into austerity plan

Tue 09/03/10 - 03:13:23 vs6
Article image
The aim is to get the public deficit-- the shortfall in the annual accounts - back to 2.8 per cent of Gross Domestic Product by 2013, under the European Union's three per cent limit. Last year's deficit soared to 9.3 per cent of GDP from 2.8 per cent in 2008 as Portugal, just like
Article image
Tags : news.com.au, RON, gross domestic product, gdp, European Union, europe, Euro, Commission, assets, Economic slowdown, welfare payments, civil servant, contagion effect, public deficit, public spending, title.austerity, austerity, tax increases, shortfall, news conference, slump, 1930s, doubts, credibility, salaries

Portugal, like Greece, forced into austerity plan

Tue 09/03/10 - 12:34:19 vs6
Article image
Click to enlarge photo The aim is to get the public deficit -- the shortfall in the annual accounts -- back to 2.8 percent of Gross Domestic Product by 2013, under the European Union's three percent limit. Last year's deficit soared to 9.3 percent of GDP from 2.8
Article image
Tags : au.biz.yahoo.com, TER, gross domestic product, gdp, European Union, europe, Euro, Commission, assets, Economic slowdown, welfare payments, civil servant, contagion effect, public deficit, public spending, title.austerity, austerity, tax increases, shortfall, news conference, slump, 1930s, doubts, credibility, salaries

China, the intangible

Sun 07/03/10 - 08:53:59 vs6
Article image
Barely a week goes by without another multi-billion-dollar reminder of the gap between the supply and demand of credible information and analysis on China. The information deficit is partly due to China's failure to improve the transparency and credibility of its statistics in line with
Article image
Tags : smh.com.au, RON, Repo, no doubt, gdp, Exchange, bountiful source, investment banks, global financial system, investment houses, apoplectic, government debt, key data, war of words, investment bank, intermediaries, shortfall, proxies

Swiss Franc Remains Tied to Trends Driving Other Currencies

Sat 06/03/10 - 12:54:03 vs6
Article image
Fundamental Forecast for Swiss Franc: Neutral - Speculate Sentiment Points to Swiss Franc Recovery - Futures Trades Pare Bets on Swiss Franc Weakness With little by way of homegrown catalysts, the Swiss Franc is likely to continue looking to the trends driving its major
Article image
Tags : dailyfx.com, USD, title.Trend, spa, RON, Points, jpy, Index, GBP, futures, europe, Euro, EUR, CHF, Bear, bank of england, austerity measures, southern periphery, relative isolation, contingency plan, troubled nation, dovish, natural leader, bailout, economic recovery, catalysts, safe haven, shortfall, counterparts, trajectory

Canada Freezes Spending to Be First in G-7 to Erase Deficit - Bloomberg.com

Fri 05/03/10 - 12:54:37 vs6
Article image
Finance Minister Jim Flaherty , 60, released a C$281 billion ($273 billion) budget yesterday that forecasts the shortfall narrowing to C$49.2 billion in the 2010-11 fiscal year, down from a record C$53.8 billion last year. The gap will narrow to C$1.8 billion for the 2014 budget as stimulus
Article image
Tags : bloomberg.com, Tax, Open, Invest, title.G-7, G-7, title.Bloomberg, global recession, last autumn, billion over five years, opposition parties, frugality, government spending, loopholes, surpluses, stimulus plan, gimmicks, freezes, shortfall

Planning delays worsen homes shortage

Fri 05/03/10 - 05:33:56 vs6
Article image
New home buyers are suffering longer delays at the hands of council planning, industry data shows, worsening the national shortage of homes that's helping to drive prices skyward. The average delay between the sale of a home by a vendor and the start of building has lengthened from 14
Article image
Tags : smh.com.au, Short, title.Plan, Industry, decade, dwelling approvals, new home buyers, building approvals, slow pace, low interest rates, planning departments, processing times, lobby group, bottleneck, eight months, shortfall

Boeing shuts Sydney plant

Thu 04/03/10 - 01:15:39 vs6
Article image
Boeing announced today that it will close the manufacturing plant near Bankstown Airport over the next 24 to 30 months, shifting the work to its facility at Fishermans Bend in Melbourne. Mark Ross, the managing director of Boeing Aerostructures Australia, said today that it made the decision
Article image
Tags : businessday.com.au, workforce, spa, Invest, banks, redundancy packages, financial incentives, commercial decision, manufacturing plant, overheads, new jobs, shortfall, ramps, managing director

Fall in trade deficit is "positive sign"

Thu 04/03/10 - 10:55:16 vs6
Article image
AAP A $1 billion fall in the monthly trade deficit is another positive sign for the Australian economy, Trade Minister Simon Crean says. The Australian Bureau of Statistics said on Thursday the monthly trade balance of goods and services deficit narrowed to of $1.176 billion in
Article image
Tags : news.smh.com.au, spa, RON, global financial crisis, global recession, crisis levels, title.trade deficit, trade deficit, trade balance, shortfall, economists, 1 billion, last time, AAP

Fall in trade deficit is "positive sign"

Thu 04/03/10 - 10:54:31 vs6
Article image
A $1 billion fall in the monthly trade deficit is another positive sign for the Australian economy , Trade Minister Simon Crean says. The Australian Bureau of Statistics said on Thursday the monthly trade balance of goods and services deficit narrowed to of $1.176 billion in January,
Article image
Tags : au.biz.yahoo.com, global financial crisis, global recession, crisis levels, title.trade deficit, trade deficit, trade balance, shortfall, 1 billion

December delivers: growth figures point to dollar staying strong - and alluring

Wed 03/03/10 - 08:19:39 vs6
Article image
March 4, 2010 On the strength of yesterday's December quarter growth numbers, it could bring its 2015-16 target for a return to budget surpluses forward - if it has the guts to contain spending in an election year. Economic success throws up other challenges, however. Supply-side
Article image
Tags : smh.com.au, RON, OECD, inflation, gdp, europe, Euro, BHP, ben bernanke, assets, budget surpluses, target range, growth pace, budget estimate, northern hemisphere, cash deficit, carry trade, growth numbers, quarter growth, moderate growth, election year, shortfall, guts