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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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Statoil Cuts Spending After Posting a Net Loss

Wall Street Journal - ‎19 hours ago‎
OSLO—Norway's Statoil AS STO -3.39 % A said Wednesday it would cut capital expenditure by 8% to $12 billion this year compared with previous guidance, as the oil and gas producer swung to a second-quarter net loss on the year amid weak prices and ...

Funding pensions: Try spending cuts, not another penny from ...

New Jersey 101.5 FM Radio - ‎12 hours ago‎
As you've heard me say numerous times, New Jersey lawmakers can't fix their problems on the back of the state's taxpayers.
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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.

Statoil Cuts Spending; Posts a Net Loss–Energy Journal

Wall Street Journal (blog) - ‎17 hours ago‎
STATOIL CUTS SPENDING AFTER POSTING A NET LOSS. The energy industry's earnings season is in full swing as major companies report their quarterly financial results.
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Russia mulling 'energy, sports, industry spending cuts'

CNBC - ‎Jul 20, 2016‎
Russian government officials have begun a series of talks to discuss spending cuts to energy, sports, science, industry and transport, according to Russian media reports.

Cash-strapped Italian Mafia cuts spending on drug pushers and family support - ‎Jul 25, 2016‎
On the streets of Rome crime doesn't pay - or at least not like it once did. One of the city's most feared local mafia clans has been forced to cut spending after 37 of its alleged members were arrested by police in recent raids. The Cordaro clan has ...

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

MetroNews Canada - ‎Jul 21, 2016‎
REGINA - The Regina Qu'Appelle Health Region says it hopes to be operating in the black by the end of its next fiscal year, despite tough economic times and a growing population.
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IMF calls for more UAE targeted spending amid slowing growth forecast

The National - ‎Jul 21, 2016‎
The IMF has 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 ...

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.

Funding pensions: Spending cuts, not another penny from taxpayers! - ‎Jul 25, 2016‎
It's only fair that the State of New Jersey keep its promises to tens of thousands of retirees regarding their pension payments.
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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 ...

Panjab University cuts spending by Rs 15 crore

Chandigarh Tribune - ‎Jul 26, 2016‎
As per the revised estimates, which will be tabled before the Board of Finance on August 1, the university has cut its expenditure on its employees by Rs 18 crore.

Lawrence school district budget includes teacher cuts, deficit spending and lower taxes

Lawrence Journal World - ‎Jul 25, 2016‎
Next school year, Lawrence Public Schools will be operating with 17 fewer full-time classroom teachers. Together, those teaching positions will save the district about $987,000 - cuts that board members said were necessary because of inadequate state ...
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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 ...
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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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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.

Drillers closing financial gap with spending cuts

Midland Reporter-Telegram - ‎Jul 25, 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.
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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 ...

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.