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Business 24 Aug 2004 | 12:00 AM Premium

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.

AseanPlus News 24 Aug 2004 | 12:00 AM Premium

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.

World 01 Dec 2011 | 12:00 AM Premium

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.

Business 29 Dec 2012 | 12:00 AM Premium

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.

World 24 Dec 2009 | 12:00 AM Premium

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 19 Sep 2012 | 12:00 AM Premium

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 19 Sep 2012 | 12:00 AM Premium

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.

Business 13 Oct 2013 | 2:53 PM Premium

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.

Business 12 Nov 2012 | 12:00 AM Premium

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.