Fiscal policy

Macroeconomic Forecast for 195 Countries 2021 Including Five Year History

Retrieved on: 
Wednesday, August 11, 2021
Agriculture, Unemployment, Life expectancy, Fiscal policy, Population growth, NIPA, Time, Real, Measures of national income and output, Policy, Phillips curve, Population, Curve, Inflation, Metal, History, Government, Forecast error, Growth, GDP, Insurance

DUBLIN, Aug. 11, 2021 /PRNewswire/ -- The "195 Country Macroeconomic Forecast 2021" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Aug. 11, 2021 /PRNewswire/ -- The "195 Country Macroeconomic Forecast 2021" report has been added to ResearchAndMarkets.com's offering.
  • The Macroeconomic Forecast projects the major macroeconomic variables of each of the established countries in the world over a 20 year period.
  • The macroeconomic forecast, as the name implies, seeks to answer the question; How is this country doing overall?
  • There are 31 variables calculated through the macroeconomic forecast.

Arkansas Woman in Need Receives Subsidy for Home Repairs

Retrieved on: 
Friday, July 30, 2021
Professional services, Philanthropy, Residential Building & Real Estate, Other Philanthropy, Construction & Property, Banking, Fiscal policy, Payments, Subsidy, Federal Home Loan Banks, ARKANSAS, United States, The Citizens Bank, the Federal Home Loan Bank of Dallas, THE CITIZENS BANK, THE FEDERAL HOME LOAN BANK OF DALLAS

View the full release here: https://www.businesswire.com/news/home/20210730005521/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20210730005521/en/
    A homeowner received a $5,418 Special Needs Assistance subsidy from Citizens Bank and FHLB Dallas to make repairs to her Carthage, Arkansas, home.
  • The subsidy helped repaint her interior walls and remove mold that was caused by a leak several years ago.
  • Being on a fixed income, I didnt want to worry about taking out a loan to fund these repairs.
  • Chris Lampkin, market president, Southeast Arkansas at Citizens Bank, helped Ms. Johnson apply for the subsidy and commended the program.

EML Awarded Northern Ireland Government Tender For AU$273million Economic Stimulus Solution

Retrieved on: 
Thursday, July 29, 2021
Professional services, Retail, Technology, Other Retail, Mobile, Wireless, Finance, Credit cards, Fiscal policy, Keynesian economics, MasterCard, Stimulus, Money, Finance, Cashless society

EML Payments (ASX: EML) (S&P/ASX 200) is delighted to win a tender to disburse an AU$273million economic stimulus boost to the citizens of Northern Ireland through Mastercard prepaid cards.

Key Points: 
  • EML Payments (ASX: EML) (S&P/ASX 200) is delighted to win a tender to disburse an AU$273million economic stimulus boost to the citizens of Northern Ireland through Mastercard prepaid cards.
  • The new High Street Scheme (HSS) will provide everyone resident in Northern Ireland, aged 18 and over, with a prepaid card worth 100 to spend in local businesses.
  • It follows the innovative, world-first card-based stimulus solution that EML and Mastercard developed for the Government of Jersey in 2020.
  • ''Our award-winning economic stimulus product trusted by governments worldwide will help to boost the Northern Ireland economy by AU$273million,'' stated Lee Britton, CEO Europe at EML.

Why The National Debt Still Matters

Retrieved on: 
Wednesday, July 28, 2021
Fiscal policy, Government debt, Concord Coalition, Government

WASHINGTON, July 28, 2021 /PRNewswire/ -- The Concord Coalition and the Global Aging Institute (GAI) today jointly released a new paper entitled, Why the National Debt Still Matters .

Key Points: 
  • WASHINGTON, July 28, 2021 /PRNewswire/ -- The Concord Coalition and the Global Aging Institute (GAI) today jointly released a new paper entitled, Why the National Debt Still Matters .
  • Ideally, America would be approaching this fiscal gauntlet with the national debt low and falling as a share of GDP.
  • Instead, the national debt is near an all-time high and rising.
  • America's leaders urgently need to develop a long-term budget strategy that stabilizes the national debt.

Titan Logix Corp. Reports Fiscal 2021 Q3 Financial Results

Retrieved on: 
Wednesday, July 21, 2021
Fiscal policy, Payments, Subsidy, CEWS, Fiscal year

Gross profit for the third quarter of fiscal 2021 increased by $175,987 to $558,164 or 52% of revenue compared to $382,177 or 49% of revenue in the comparative prior period.

Key Points: 
  • Gross profit for the third quarter of fiscal 2021 increased by $175,987 to $558,164 or 52% of revenue compared to $382,177 or 49% of revenue in the comparative prior period.
  • During the fiscal quarter the Company continued with its participation in the Canada Emergency Wage Subsidy Program ("CEWS").
  • The Company realized $161,900 of subsidies in the fiscal quarter and $345,747 in the nine month period, partially offsetting compensation expenses.
  • Total expenses in the third quarter of fiscal 2021 were $698,233 as compared with $962,612 in the comparative prior period.

World Acceptance Corporation Reports Fiscal 2022 First Quarter Results

Retrieved on: 
Wednesday, July 21, 2021
Other Professional Services, Accounting, Professional services, Finance, Presidency of Barack Obama, United States, Fiscal policy, Government, 112th United States Congress, United States fiscal cliff, Public policy

As a percentage of revenues, G&A expenses decreased from 57.8% during the first quarter of fiscal 2021 to 56.6% during the first quarter of fiscal 2022.

Key Points: 
  • As a percentage of revenues, G&A expenses decreased from 57.8% during the first quarter of fiscal 2021 to 56.6% during the first quarter of fiscal 2022.
  • Personnel expense increased $1.6 million, or 3.6%, during the first quarter of fiscal 2022 as compared to the first quarter of fiscal 2021.
  • Advertising expense increased $1.1 million in the first quarter of fiscal 2022 compared to the first quarter of fiscal 2021.
  • Other expense decreased $1.3 million in the first quarter of fiscal 2022 compared to the first quarter of fiscal 2021.

Pew Urges WTO Members to Prioritize Fisheries Subsidies Effort After Deal Is Delayed Again

Retrieved on: 
Friday, July 16, 2021
Economy, Articles, Fiscal policy, Payments, Subsidy, International trade, World Trade Organization

Isabel Jarrett, manager of The Pew Charitable Trusts' project to end harmful fisheries subsidies, issued the following statement:

Key Points: 
  • Isabel Jarrett, manager of The Pew Charitable Trusts' project to end harmful fisheries subsidies, issued the following statement:
    "World Trade Organization members are closer than ever to reaching an agreement two decades in the making that would reduce harmful fisheries subsidies.
  • "Although the final WTO fisheries subsidies deal should include a transition period that allows developing countries extra time to implement the agreement, there should be no permanent exceptions to any rule.
  • And developed nations should never be permitted to provide harmful subsidies unless they can prove that those subsidies do not negatively affect fish stock levels.
  • "WTO members must seal the deal as soon as possible on a strong fisheries subsidies agreement that delivers on ambitious sustainability goals, ultimately improving the health of fisheries and fishing communities around the world."

Chief Economist Says NRF Revised Forecast Because ‘Great Uncertainty’ Has Transformed Into Clear Recovery

Retrieved on: 
Thursday, July 1, 2021
Other Retail, Supply chain management, Office Products, Online Retail, Luxury, Supermarket, Specialty, Department Stores, Food, Beverage, Retail, Home Goods, Keynesian economics, Fiscal policy, Stimulus

We are seeing not just unprecedented growth from months of pent-up demand as the economy reopens but momentum as well.

Key Points: 
  • We are seeing not just unprecedented growth from months of pent-up demand as the economy reopens but momentum as well.
  • NRF now expects retail sales during 2021 to grow between 10.5 and 13.5 percent over 2020, to a range between $4.44 trillion and $4.56 trillion.
  • Our initial forecast was made when there was still great uncertainty about consumer spending, vaccine distribution, virus infection rates and additional fiscal stimulus, Kleinhenz said.
  • But economic data that has come in since February has made it clear that the initial forecast would easily be exceeded.

EQONEX Announces Fiscal Year 2021 Financial Results

Retrieved on: 
Wednesday, June 30, 2021
BlackBerry Limited, Companies, Fiscal policy, Economy of Canada, Fiscalization

Revenue was primarily generated during the last quarter of fiscal year 2021 as a result of a significant increase in revenue-generating trading volume on EQONEX exchange.

Key Points: 
  • Revenue was primarily generated during the last quarter of fiscal year 2021 as a result of a significant increase in revenue-generating trading volume on EQONEX exchange.
  • During fiscal year 2021, EQONEX also focused on developing its other business lines to drive future revenue growth.
  • Digivault, the Custody Business, was integrated with EQONEX towards the end of the fiscal year 2021.
  • Operating loss for fiscal year 2021 was US$64.6 million, an increase from US$42.5 million during the prior fiscal year.

New Oceana-Supported Research Maps Wealthy Nations’ Harmful Fisheries Subsidies Supporting their Fleets Abroad, Including in the Waters of Least Developed Countries

Retrieved on: 
Wednesday, June 30, 2021
Articles, Economy, Illegal, unreported and unregulated fishing, Fisheries law, Fiscal policy, Payments, Subsidy, Least developed countries, Overfishing, Fishing, Sea

For the first time, harmful subsidies worth billions of dollars from wealthy nations can now be tracked to destinations around the world, including to least developed countries (LDCs) and the high seas.

Key Points: 
  • For the first time, harmful subsidies worth billions of dollars from wealthy nations can now be tracked to destinations around the world, including to least developed countries (LDCs) and the high seas.
  • Looking solely at distant water fishing activity beyond a countrys own waters the top 10 spent $5.4 billion in harmful subsidies fishing in the waters of 116 other nations, and another $800 million on the high seas.
  • In the waters of several LDCs, the catches made and estimated subsidies received by foreign fleets surpasses those of the domestic fleet.
  • These top subsidizers may therefore be supporting their own fishing fleets by transferring overfishing risks to the waters of countries that can least afford it.