Tag: budget cuts

• Wednesday, April 10th 2019 - 09:31 UTC

  Brazil's scientists furious with budget cuts limiting research and “expelling the brightest from the country”

  

  Brazil’s government has triggered fierce criticism from scientists after announcing plans to tackle economic stagnation by implementing a government-wide budget freeze that could see research funding cut by up to 42%.

• Monday, January 2nd 2012 - 06:30 UTC

  Brazil planning additional cuts of 32bn dollars in 2012 budget

  

  Brazil's government may cut as much as much 60 billion Reais (32 billion dollars) from spending in 2012 in an effort to control its deficit and inflation, the Estado de Sao Paulo newspaper reported, citing unnamed Finance Ministry officials.

• Thursday, August 11th 2011 - 06:31 UTC

  Three credit rating agencies confirm France as triple-A with stable outlook

  

  Moody’s, Standard & Poor's (S&P) and Fitch confirmed Wednesday that France still rates as a triple-A country with a stable outlook. The comments came in response to market rumours of a French sovereign credit rating downgrade, which hit French bank stocks.

• Tuesday, April 5th 2011 - 09:25 UTC

  US government and Republicans clash over legal debt limit and budget cuts

  

  United States will reach its 14.29 trillion US dollars legal debt limit no later than May 16 unless Congress acts before then, Treasury Secretary Timothy F. Geithner said on Monday warning of “severe hardship” if lawmakers fail to act.

• Sunday, March 27th 2011 - 04:53 UTC

  Ending BBC Caribbean Service considered politically unwise for region’s public opinion

  

  BBC Caribbean Service has made its final broadcast, ending seven decades of programming for the region. The service is being shut as part of budget cuts announced by the BBC World Service in January.