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Spending cuts

Employers' Council starts campaign for huge spending cuts

The Telegram - ‎Jul 23, 2016‎
Alexander said he's hopeful the government will press for deep cuts to public spending in that second budget. “Would it be bad for our province to have spending of the average Canadian province? We don't think so,” Alexander said. In fact, according to ...
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IMF calls for more government spending as rate cuts lose their impact

The Guardian - ‎Jul 22, 2016‎
The International Monetary Fund has called on G20 nations to boost government spending as the impact of ultra-low interest rates begins to reach its limits in developed countries.
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Russia mulling 'energy, sports, industry spending cuts'

CNBC - ‎Jul 20, 2016‎
A report in The Moscow Times said that the aforementioned sectors were in the spotlight for cuts during budget talks on Wednesday as Russia's Prime Minster Dmitry Medvedev starts to plan the country's budget until 2019, citing officials who spoke to ...
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Budget plan includes more police officers despite citywide spending cuts

Columbia Daily Tribune - ‎Jul 22, 2016‎
Departments making cuts have mostly been “nickel and dime-ing” projects and spending to save money, Matthes said, though not every budget cut proposal was approved. The police department, for example, planned to cushion some of about $840,000 in ...

Saskatchewan health region takes scalpel to spending, but no job cuts

MetroNews Canada - ‎Jul 21, 2016‎
The $1.04-billion operating budget calls for a reduction in spending of about $12 million from last year. The province is providing $10.3 million to offset inflation and demographic changes, and authority president and CEO Keith Dewar says there will ...

City council looks for spending cuts

Toronto Sun - ‎Jul 12, 2016‎
Mayor John Tory has insisted officials cut waste at City Hall before council debates creating new taxes or tolls to pay for $29 billion of unfunded capital projects.

Wasteful Spending for Trump to Cut

Cato Institute (blog) - ‎Jul 22, 2016‎
Federal spending cuts would help avert a fiscal crisis and boost growth by reducing economic distortions. We've got plenty of reform ideas at www.
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IMF calls for more UAE government spending cuts amid slowing growth forecast

The National - ‎Jul 21, 2016‎
The IMF confirmed its forecast for a sharp slowdown in economic growth in the UAE this year and called for further government spending cuts to deal with the adjustment to a lower oil revenue future. The IMF executive board report, which is the ...
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Trump's Massive Tax Cuts and New Spending Alarm Fiscal Conservatives

The Fiscal Times - ‎Jul 22, 2016‎
But for the next 74 minutes or so, Trump spun out a hodgepodge of spending and tax cut proposals that cheered many of the convention goers but alarmed fiscal conservatives who warned that Trump could drive the debt much higher if he is elected ...
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Alaskans Brace for Spending Cuts as Oil Prices Tumble

New York Times - ‎Jul 15, 2016‎
But he also made some Democrats wince, in cutting education spending and the dividend fund paid to residents, which budget analysts at the University of Alaska said would hit poorer residents hardest because a state check is a bigger part of their income.
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BHP Says 2017 Iron Ore Output May Be Flat, Cuts Oil Spending

Bloomberg - ‎Jul 20, 2016‎
BHP Billiton Ltd., the world's biggest mining company, forecast that iron ore production could be flat this fiscal year, while it sees petroleum output declining as much as 17 percent and the prices of its top earning materials remaining volatile ...
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WeWork Reportedly Cuts Projections as CEO Pulls Back on 'Spending Culture'

Fortune - ‎Jul 15, 2016‎
In the video of all-hands meeting at the company obtained by Bloomberg, WeWork co-founder and CEO Adam Neumann urged the company to cut back on spending. “We did not use to be this way,” he said. “We used to fight for every dollar. We did not spend.
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Brexit has prompted cuts in spending and hiring, UK CFOs say

The Independent - ‎Jul 18, 2016‎
Business confidence among UK chief financial officers plunged in the wake of the country's vote to leave the European Union, with more than four in five expecting to cut capital spending and reduce hiring over the next year, a survey showed. Accounting ...

Oil spending cuts bring more stability to volatile industry

Houston Chronicle - ‎Jul 18, 2016‎
The industry cut spending faster than it lost money on expensive shale plays. Thirty-nine companies surveyed by the Energy Information Administration spent about $60 billion just before oil prices crashed, and they collected about $40 billion in income.

WeWork Cuts Forecasts As Staff Told To Change 'Spending Culture'

Investor's Business Daily - ‎Jul 22, 2016‎
WeWork Cos., one of the most valuable venture-backed private companies, cut forecasts earlier this year and told employees it has to change its "spending culture" to continue to thrive, according to a company document and video recordings obtained by ...
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Drillers closing financial gap with spending cuts

FuelFix (blog) - ‎Jul 18, 2016‎
HOUSTON - After two years of deep spending cuts, U.S. oil companies have reduced a big gap between the cash they spend on drilling and the income from producing oil.

Credit rating: Spending cuts to fix budget must be Government priority says KPMG

ABC Online - ‎Jul 13, 2016‎
Financial services firm KPMG said the least damaging choice for the Government is to cut spending rather than raise taxes. KPMG chief economist Brendan Rynne said there are no easy options, but deep cuts to public expenditure are the "least worst" option.
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Gordhan hints at spending cuts as he watches growth

BDlive - ‎Jul 12, 2016‎
The government has already announced significant cuts to spending and has raised taxes, and Gordhan's latest comments at a South African Chamber of Commerce and Industry meeting on Tuesday suggest that even more spending cuts may be needed.

Greece under new US pressure for more spending cuts

Green Left Weekly - ‎1 hour ago‎
Washington pressed Greece on July 21 to cut public spending to the bone in return for the latest slice of bailout money, Morning Star Online said.

Unique austerity exhibition documents personal impact of spending cuts

The University of Manchester (press release) - ‎Jul 11, 2016‎
A unique and innovative research project into the social impact of spending cuts to communities and families in Manchester has been turned into the UK's first multisensory exhibition on the issue of austerity.