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Arroyo: Philippines in fiscal crisis
President Gloria Arroyo said the Philippines is already in the midst of a fiscal crisis, and urged the people to be prepared to make sacrifices for the nation's well-being.
Philippines in fiscal crisis, says Arroyo
President Gloria Arroyo acknowledged for the first time yesterday that the Philippines was now in a 'fiscal crisis,' as economists warned of an Argentinian-type debt default within the next three years.
Analysis - Egypt fiscal crisis to pile pressure on army
CAIRO (Reuters) - Egypt's fiscal crisis is adding to pressure from protesters and politicians for the ruling military council to hand over substantial powers to a civilian government long before mid-2012, when the army has said it would return to barracks.
US consumer sentiment weakens as fiscal crisis looms
WASHINGTON: US consumer confidence fell more than expected in December, hitting a four-month low as a looming fiscal crisis sapped what had been a growing sense of optimism about the economy.
Sagging tourism forces 'fiscal crisis' for Hawaii
SAN FRANCISCO (Reuters) - Hawaii's meticulous tourism records are thick with minus symbols, the basis for a projected state budget gap of $1.23 billion that Governor Linda Lingle says is a
World Bank, IMF see worsening Palestinian fiscal crisis
RAMALLAH, West Bank (Reuters) - A gathering crisis in the Palestinian economy will worsen unless foreign funding increases and Israel eases long-standing curbs on development, the World Bank and International Monetary Fund said on Wednesday.
World Bank, IMF see worsening Palestinian fiscal crisis
RAMALLAH, West Bank (Reuters) - A gathering crisis in the Palestinian economy will worsen unless foreign funding increases and Israel eases long-standing curbs on development, the World Bank and International Monetary Fund said on Wednesday.
Fiscal crisis seen as top business risk
WITH many countries facing limitations in monetary easing policies, eyes are turned to large fiscal or government spending to help stimulate rapidly slowing economies.
US fiscal negotiations sputter as deadline nears
WASHINGTON: Congressional negotiations to end a U.S. fiscal crisis gripping Washington and spooking financial markets hung by a thread on Saturday after bipartisan talks broke down in the House of Representatives and shifted to Senate leaders.
Global shares dip on U.S. fiscal cliff, Greece woes
LONDON: World shares edged down for a fourth day on Monday as concerns about a potential U.S. fiscal crisis and Greece's bailout dented optimism over global growth.
