Word: fiscal
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Timothy Geithner's plan to fix the ailing banking sector. And many think the outcome of those tests could lead to more takeovers. So far, Geithner and other officials have denied they are interested in running banks. But in the past few weeks, a number of prominent Republicans and fiscal conservatives, most notably former Federal Reserve chairman Alan Greenspan and Senator Lindsey Graham, have joined those who think the government should consider nationalizing the most troubled institutions. Bank of America, Citigroup and Wells Fargo could all be candidates for increased government ownership and control. (See the top 10 financial-crisis...
...Summers told alumni in Washington that Harvard could soon resemble Renaissance Florence. The key, he said, would be development of the life sciences. But an unprecedented financial downturn has forced the University to reexamine its ambitious plans in recent months. Far-flung optimism has given way to greater fiscal pragmatism, and that has meant trade-offs, even in the life sciences. “When life sciences research at Harvard was expanding, and money was plentiful, one could say that Harvard could have it all—vibrant basic research and targeted initiatives that might capitalize on specific new opportunities...
...news article "City Faces Budget Cuts" incorrectly attributed a statement that the Cambridge school department's central administration had agreed to forego cost-of-living increases for the coming fiscal year to the school committee’s budget subcomittee co-chair Nancy Tauber. In fact, that statement should have been attributed to fellow budget subcommittee co-chair Luc Schuster...
...past weeks and months, governments around the world have been attempting to fight the economic crisis with monetary and fiscal measures. On the monetary side, even prudish authorities like the European Central Bank have joined the U.S. Federal Reserve and the Bank of England in slashing interest rates to create incentives for lending and borrowing. Amidst what started as a credit crunch, this was an essential step toward keeping economies afloat when trust suddenly evaporated not only for risky assets, but also for credit-worthy corporations...
...fiscal side, most countries are rushing to pass stimulus bills to prevent the phantom of deflation from materializing itself: From developed countries like Germany to developing nations such as India and China, everyone seems to be doing it. By far the most publicized attempt has been President Obama’s euphemistically named American Recovery and Reinvestment Act, which flew through Congress a couple of weeks ago. But in measures like these hides perhaps the most pervasive economic threat to future global stability and prosperity: economic nationalism...