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IMF urges more spending to boost growth
Fund’s steering committee calls for more forceful stimulus and warns monetary policy alone is not enough //&! http://www.theguardian.com/business/imf //&! bit.ly/1V9pfhD - IMF chief: regulators long 'alarmed' over Panama's handling of taxation. Christine Lagarde responds to Panama Papers revelations, noting that authorities were concerned but did not take ‘expected’ action.
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april 2016 by asterisk2a
George Osborne warns of further spending cuts in Budget - BBC News
[ LOL! ] But recent figures showing the UK economy was smaller than expected meant savings must be found in his Budget statement on 17 March, he said. [...] Mr Osborne said he would rather look for extra cuts now than risk breaking his own manifesto commitment to achieve a surplus in the budget by the end of this Parliament. The chancellor did not completely rule out raising taxes in the event of a further slowdown in growth, but said that now was not the time for "significant" tax hikes. [...] I'm absolutely clear we've got to root our country in the principle that we live within our means and that we have economic security." [...] "whole purpose of our economic plan was to have a budget surplus. [...] we got big challenges at home to make the economy more productive even as more people get work. [ because having part of your budget in the property bubble is so productive ] [...] I will do what is required to keep our country safe and secure." [ NOT CHANGING PLANS ie U-TURN ]
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february 2016 by asterisk2a

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