Stimulus Programs

Latest News for: Stimulus programs

Japan PM to give green light to hike consumption tax to 10% in Oct. 2019 / Refund scheme to be studied to ease impact

The Japan News 14 Oct 2018

The program would be available for about six months to a year and only apply to credit card and other cashless purchases. Funding for the program would be appropriated in the initial budget for fiscal 2019 ... Fiscal stimulus programs, such as emergency measures for improving the nation’s resilience to major disasters, are also expected to prop up the economy....

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China’s record trade surplus with the US shows Trump’s strategy is “failing”

Vox 12 Oct 2018

At least for now. One major goal of President Donald Trump’s trade war with China is to send more US-made products there than Chinese companies export here. But so far it looks like that plan isn’t working — and it could become politically costly for Trump ... China will almost certainly inject its own money into the local economy as part of a stimulus program, the IMF noted, which could negate the decline in growth ... To recap ... ....

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Yes, the EB-5 program needs reform, but it's far too valuable to dismantle

The Dallas Morning News 12 Oct 2018

A coordinated effort at rewriting recent economic history is underway in the Beltway, and its target is one of the most successful investment programs in our country's financial toolbox. the EB-5 immigrant investor visa program. EB-5 critics, most prominently in a recent Wall Street Journal column, but in other media outlets as well, continue to raise legitimate concerns about fraud and corruption charges in the program....

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ECB cannot come to Italy's rescue without EU bailout, sources say

Kathimerini 12 Oct 2018

This is because EU rules do not allow the ECB to help a country unless this has already agreed on a rescue “program” - political ... If Italy, like Greece, were to lose its investment-grade rating, the bonds that the banks used would become ineligible for regular ECB lending, as well as for the ECB’s bond-buying stimulus program....

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European Central Bank confident in plan to remove stimulus

Tucson 12 Oct 2018

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European Central Bank cannot rescue Italy without EU bailout, sources say

The National 12 Oct 2018

Italy has seen its borrowing costs surge on financial markets since its new government unveiled plans to increase its budget deficit late last month, defying EU rules and reawakening concerns about its huge pile of public debt ... ___________ ... If Italy, like Greece, were to lose its investment-grade rating, the bonds that the banks used would become ineligible for regular ECB lending, as well as for the ECB’s bond-buying stimulus program....

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Florida Sen. Bill Nelson: Noble career or career politician?

Herald Mail 12 Oct 2018

The youth agricultural program did more than teach Nelson how to breed livestock ... In the Senate, Nelson was a stalwart supporter of President Barack Obama's key initiatives, including the 2010 health care reform law, the 2009 economic stimulus program, financial regulatory reforms and repeal of the "don't ask, don't tell" policy that barred gays from openly serving in the military....

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European Central Bank confident inflation goal being reached

Eagle-Tribune 11 Oct 2018

FRANKFURT, Germany (AP) — Top European Central Bank officials expressed confidence at their last meeting that inflation is trending toward levels consistent with a strong economy — more confirmation that their 2.5 trillion-euro ($2.9 trillion) stimulus program will cease at year end ... Federal Reserve in withdrawing extraordinary stimulus measures used to support the global economy in the years following the Great Recession....

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TARP reconsidered

Herald Mail 10 Oct 2018

Yet the Troubled Asset Relief Program (TARP), adopted by Congress 10 years ago this month to fight the financial crisis, is arguably a successful orphan ... Under the program, the U.S ... Economic research shows that fiscal stimulus has had very little effect on recessions historically; even the enormous New Deal programs sparked relatively little consumer spending....

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Europe, Japan and the ‘Drug’ of Quantitative Easing

Bitcoin 10 Oct 2018

Last month, news.Bitcoin.com examined the problem of quantitative easing (QE) and its impact on the U.S., and how such policies have spread to the rest of the world ... Also read ... Every month ... “At BOJ policy meetings,” Wolf Richter wrote in a recent post for Wolf Street, “concerns have been voiced over the ‘sustainability’ of the stimulus program, according to the minutes of the July meeting, released on Sept. 25 ... Or create a paper wallet ... ....

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Marijuana home cultivation now law on Guam

Guam Pacific Daily News 09 Oct 2018

Eddie Calvo on Tuesday signed a law that allows qualified patients and their eligible caregivers to grow their own medical marijuana until the government’s medical cannabis program is established ... Guam voters approved medical marijuana in 2014, but the program has yet to get off the ground ... jurisdiction to directly adopt the recreational use of marijuana instead of starting with a medical marijuana program....

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Demolition company settles feds' fraud suit

Fort Wayne Journal Gazette 06 Oct 2018

A Fort Wayne demolition company settled a federal lawsuit alleging it submitted fraudulent payment claims for work authorized through a government economic stimulus program last... ....

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Leaders of Tea Party and Indivisible share passion, patriotism and tactics

Redlands Daily Facts 06 Oct 2018

In the midterm of 2010, that Tea Party energy translated into votes ... To get an idea of what both groups expect on Nov ... ATHILINGAM ... MARTIN ... Q ... MARTIN ... Q ... The rant he had on CNBC, which we all responded to, talked about how our founding fathers would be turning over in their graves over the Stimulus bill that was moving through (Congress). That was just a few months after (the Troubled Asset Relief Program), under President (George W.) Bush ... Q....

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