Saturday, October 24th, 2009
Germany’s coalition allies agree on 24bn euros of tax cuts as part of an accord to form Germany’s next government.
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German coalition ‘agrees tax cut’
Saturday, October 24th, 2009
The Welsh secretary says his fears have been proved right, after a poll suggests support for the BNP rose after Nick Griffin’s Question Time appearance.
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BNP support in poll sparks anger
Saturday, October 24th, 2009
Valentino Rossi makes the perfect start to his bid to seal a successful defence of his world title in Malaysia by claiming pole for Sunday’s grand prix.
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Rossi clinches pole in Malaysia
Friday, October 23rd, 2009
Music and culture is back in Pakistan’s Swat Valley
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Culture comeback
Saturday, May 2nd, 2009
Mr. Kemp was a former football star turned congressman who with an evangelist’s fervor moved the Republican Party to a commitment to tax cuts as the central focus of economic policy.
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THE NEW YORK TIMES: Jack Kemp, Dole’s Running Mate in 1996, Dies at 73
Monday, February 2nd, 2009
A group of Republican senators led by Florida’s Mel Martinez has drafted a $713 billion alternative stimulus measure that narrows government spending to infrastructure programs and helping unemployed Americans, addresses the housing crisis and relies mostly on tax cuts. Also Monday, Senate Democrats dropped two controversial spending programs.
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GOP senators draft $713B stimulus alternative
Friday, January 30th, 2009
Thursday night on this program, we spent some time talking about Rush Limbaugh and a piece he had in The Wall Street Journal, arguing there should be more emphasis right now on tax cuts to help the economy.
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Brown: A challenge to Rush Limbaugh
Thursday, January 29th, 2009
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Pundit poll: When will global economy recover?
Monday, January 5th, 2009
President-elect Barack Obama was set Monday to meet with key lawmakers and begin the push for a massive package of tax cuts and spending proposals aimed at reviving an economy mired in recession.
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Obama agenda: Tax cuts, spending
Sunday, January 4th, 2009
Merkel’s bid to shield Germany from the global downturn is being complicated by a rift over tax cuts within the chancellor’s ruling coalition.
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Merkel’s Stimulus Plans Await Tax-Cut Decision
Sunday, January 4th, 2009
Merkel’s bid to shield Germany from the global downturn is being complicated by a rift over tax cuts within the chancellor’s ruling coalition.
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Merkel’s Stimulus Plans Await Tax-Cut Decision
Sunday, January 4th, 2009
WASHINGTON — President-elect Barack Obama and congressional Democrats are crafting a plan to offer as much as $310 billion of tax cuts to individuals and businesses, a move aimed at attracting Republican support for an economic-stimulus package and prodding companies to create jobs. The size of the proposed tax cuts — which would account for about 40% of a stimulus package that could reach $775 billion over two years — is greater than many on both sides of the aisle in Congress had anticipated, and may make it easier to win over Republicans who have stressed that any initiative should rely relatively heavily on tax cuts rather than spending.
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Obama Eyes $310 Billion Tax Cut
Sunday, January 4th, 2009
The gas dispute between Russia and Ukraine was causing widespread collateral damage in Europe yesterday, as supplies were disrupted to at least seven countries. With accusations still flying back and forth between Moscow and Kiev, a concerned European Union is to hold crisis talks in Brussels tomorrow. Bulgaria is the latest country to suffer a fall in gas supplies, joining Turkey, Greece, Macedonia, Romania, Hungary and Poland, which also reported drops. The chief executive of Bulgargaz, Dimitar Gogov, said: “The pipeline pressure has dropped and we are getting smaller deliveries as of Saturday morning.” Russia supplies more than 90 per cent of the Balkan country’s annual gas needs. The EU, which gets a fifth of its gas from pipelines that cross Ukraine, has enough gas stockpiled to manage without Russian supplies for several days, but could face difficulties should problems go on for weeks. The dispute began on Thursday, when Russia’s state-controlled gas monopoly, Gazprom, halted supplies to Ukraine, saying Kiev had failed to pay its gas bill and that talks on 2009 prices had broken down. Gazprom wants Ukraine to pay $418 (£288) per 1,000 cubic metres of gas, but Ukraine says the most it can afford is $235 – and then only if Gazprom pays more for gas transit. Gazprom says it already has a gas transit deal to 2010. It also claims that Ukraine owes $600m in fines for the late payment of bills of $1.5bn. Ukraine’s state energy firm, Naftogaz, says it paid the $1.5bn to an intermediary. The accusations don’t end there. Gazprom has said Ukraine was stealing gas destined for Europe, while Ukraine’s state-run gas company denied this, and said it had used some of its own gas to keep the pipeline system to Europe operational. Then, yesterday, Naftogaz accused the gas monopoly of “blackmail”. It repeated its denials that it had been stealing gas, and said it had increased gas supplies to Romania and Hungary to make up for a shortfall of Russian transit gas. The dispute has a wider context. Russia has never been happy with the idea of Ukraine as a separate state, deeply resented the Orange Revolution that brought President Viktor Yushchenko to power, and has been angered by Kiev seeking to join Nato. Complicating this is the internal battle for influence between President Yushchenko and the Prime Minister, Yulia Tymoshenko. Nor does the state of the protagonists’ economies help matters. Russia and Ukraine both face recession this year after years of growth that averaged 7 per cent annually. Ukraine has seen a drop-off in investor confidence and steep falls in its currency, the hryvnia, that have not been stemmed by an International Monetary Fund loan. The only benefit is that falling production has reduced industrial energy consumption by a quarter, leaving the country with nearly three months of domestic supply in gas reservoirs. Russia has been hit by falling energy prices. Timothy Ash, an economist at the Royal Bank of Scotland, said in a note to clients: “With oil and commodity prices way down, it [Russia] desperately needs the export revenues now and cannot afford to disrupt energy export revenues. With Urals oil prices at one-quarter of last year’s highs, the energy supply balance has shifted against Moscow.” Russia, the world’s biggest energy supplier, is anxious not to tarnish its reputation as a stable alternative to Middle Eastern producers, just five months after the war in Georgia. Ukraine, for its part, is keen not to upset Germany and France by allowing gas supplies to be disrupted. Read more on the Independent .
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Gas War Prompts Crisis Talks In Brussels
Sunday, January 4th, 2009
TEHRAN — As the race for Iran’s presidential election heats up, hard-liners are cracking down on activists who have supported reformist candidates in the past. It is not clear who will run against President Mahmoud Ahmadinejad in the June election, but Mohammad Khatami, the reformist former president, has hinted that he may enter the race. Mehdi Karroubi, a former speaker of Parliament and a reformer, has said he will run.
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Iran’s Hard-Liners Crack Down On Reformists
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