Topic: Economic Stimulus

Debt crisis and IMF to dominate Obama, Merkel talks

WASHINGTON (Reuters) - President Barack Obama and German Chancellor Angela Merkel will air their differences over fiscal policy, the Eurozone crisis and the war in Libya on Tuesday in a meeting meant to illustrate a strong partnership.The two leaders will meet amid ...

Conservatives replay budget after ballot win

The finance minister reintroduced a budget rejected by opposition parties two months ago with only minor tweaks, and revised upward this year's deficit projection.But with a Conservative majority in parliament now, its approval this time is assured."On election day, Canadians expressed their ...

Canada Conservatives replay budget after ballot win

Canada's finance minister reintroduced a budget rejected by opposition parties two months ago with only minor tweaks, and revised upward this year's deficit projection.But with a Conservative majority in parliament now, its approval this time is assured."On election day, Canadians expressed their ...

Obama praises Germany ahead of Merkel visit

WASHINGTON (Reuters) - U.S. President Barack Obama praised Germany's environment policies and success at taming unemployment in an interview released on Sunday ahead of Chancellor Angela Merkel's visit to Washington.In an interview with German newspaper Der Tagesspiegel, Obama said the United States ...

Canada's 2010-2011 budget deficit narrows

Canada's deficit for the year ended March 31 will be much lower than originally forecast, at Can$34.4 billion, due to a drop in government spending and higher tax revenues, the finance department announced Friday.The figure is down from Can$40.5 billion reported in ...

Education grants made available for nine states

WASHINGTON (Reuters) - Nine states will be eligible to compete for education grants of up to $50 million through President Barack Obama's "Race to the Top" program, the federal government said on Wednesday.The states -- Arizona, California, Colorado, Illinois, Kentucky, Louisiana, Pennsylvania, ...

Stimulus money recipients owe billions in taxes: government

WASHINGTON (Reuters) - Contractors and businesses that received money through the 2009 federal economic stimulus plan owe billions in unpaid taxes to the U.S. government, a federal auditor said on Tuesday.The Government Accountability Office said that as of September 30, 2010, the ...

South Korea ruling party mulls policy shift amid crisis

SEOUL (Reuters) - South Korea's ruling party will block further tax cuts for companies and individuals and instead boost financial support for the poor, a newly appointed party leader said Monday, as the crisis-hit government strives to boost its popularity.The conservative Grand ...

Texas Senate passes state budget that cuts spending

AUSTIN, Tex (Reuters) - The Texas Senate on Wednesday passed a budget that makes cuts to education and health care, but not as deep as the cuts in the budget that the Texas House has already approved.The Republican-dominated Senate voted 19-12 along ...

EU not ruling out new Greek debt measures

The European Union has not ruled out new measures to ease Greece's intractable debt problem, the European Commission's chief representative in Athens said in an interview published on Saturday."The analysis of the Greek debt will be made by the EU, the International ...