Southern Africa: Zuma Arrives Back in Country After SADC Summit Wraps Up Sep 9, 2009
Particular to this President Zuma highlighted the need to for a more concerted focus on strengthening the productive capacity within SADC.. The South African delegation to the summit included International Relations and Cooperation Minister Maite Nkoane Mashabane, Minister of Agriculture, Tina Joemat-Petterson and Trade and Industry Deputy Minister Bongi Ntuli. (allAfrica.com)
Export threat as consortium refuses to share Sep 3, 2009
It goes to the core of our productive capacity, and our capacity to export,'' the Treasurer said. Later, Mr Albanese said the Commonwealth had had discussions with the NSW Ports Minister and urged a timely resolution of any outstanding issues. (Sydney Morning Herald -- Australia)
Africa: Steamrolling the WTO Doha Negotiations Aug 28, 2009
South Africa is part of the G20, but South Africa, like many industrialized developing nations has huge inequities in the productive capacity of agricultural goods. Countries like South Africa have to address land access and redistribution as well as provide productive support for small-scale and subsistence farmers before throwing their lot in with the globalised industrial agricultural sector. (allAfrica.com)
Newsweek: A long, cruel summer for small businesses Aug 28, 2009
Now is the time to save and rebuild our financial strength to invest in productive capacity once the depression ends. That is still many years away. (MSNBC -- Business)
Gregg's 5 points on health care Aug 24, 2009
Second, doing nothing is not an option or the costs will absorb too much of the productive capacity of our private sector and bankrupt our public sector. Those who bellow about "government takeover" and "taking your hands off my health care" not only obscure the facts, but pose no solution to this looming financial crisis. (Seacoast New Hampshire)
Fight to defend economy Aug 22, 2009
Calling the crunch "the most serious economic challenge in 80 years", he said it had destroyed close to half a million jobs in the first six months of the year and threatened to permanently undermine the country's productive capacity and its ability to respond when the global economy turns positive. Patel said the government, business and labour had started work on six of 12 agreed programmes to defend the economy, including increases in the prosecution of customs fraud and of anti-competitive... (iAfrica.com)
A National Conversation About Unconventional Ideas For Development (II) Aug 20, 2009
For a lessee with limited financial resources and no collateral such as our farmers, fishermen, artisans, traders, Trotro owners, etc, leasing can help them acquire equipment to increase the productive capacity of their enterprises and therefore their profitability. For lessors, by maintaining ownership of the leased asset and control of their investment, the financial risk is less than providing working capital loans. (Ghana Web, Ghana)
Oil is the market crystal ball Aug 18, 2009
During the previous decade, investment capital failed to go into commodities to facilitate productive capacity expansion and went instead into other sectors such as property. In our view, the world was just growing too fast, given the constrained global resource base, and something had to give. (FT.com -- Markets)
Prospects for recovery: Mervyn's reality check Aug 17, 2009
The recession has been so severe that a big gap has opened up between the productive capacity of the economy and actual output. While this persists it will constrain inflationary pressures and given the gap s size, it is likely to last a long time, even with a healthy recovery. (The Economist)
Another View: Just one word: factories Aug 14, 2009
Our furniture makers have lost 60 percent of their productive capacity since 2000, Richard McCormack, the editor of Manufacturing ology News, points out in an essay in a new book he has edited, "Manufacturing a Better Future for America." But at the high end, only one of the world's top 10 photovoltaic cell manufacturers is American. The United States fell behind China in the value of our high-tech exports in 2004, and we've fallen further behind every year since. (Hanford Sentinal, CA)
Avenir Diversified Income Trust Announces Second Quarter 2009 Results Aug 14, 2009
Certain statements contained herein including, without limitation, financial and business prospects and financial outlook, the effect of government announcements, proposals and legislation, plans in its Oil and Gas Division regarding hedging, wells to be drilled, expected or anticipated production rates, timing of expected production increases, the weighting of production between different commodities, expected commodity prices, exchange rates, production expenses, transportation costs and other... (CCNMatthews Press Releases)
School girls takeover commercial sex work in Kumas Aug 13, 2009
While DOVVSU expresses hopelessness over the matter, the future of many girls, who should be in school studying to improve their productive capacity, remains hanging in the balance and Ghana is the worse for it. Source:Ohemeng Tawiah. (Ghana Web, Ghana)
First Gas From the Kambuna Field Aug 11, 2009
As the productive capacity of the three production wells has been demonstrated to be comfortably in excess of 100 MMscfd and with capacity in the pipeline and processing infrastructure for additional gas supply, Serica and field operator Salamander Energy plc intend to market additional quantities of gas following receipt of regulatory approval to do so. Serica CEO Paul Ellis said. (CCNMatthews Press Releases)
Africa: Reducing Poverty by Increasing Trade [opinion] Aug 8, 2009
com: Africa: Reducing Poverty by Increasing Trade (Page 1 of 1). Millennium Challenge Corporation (Washington, DC). (allAfrica.com)
Paramount Energy Trust Releases Second Quarter 2009 Financial and Operating Results and Confirms August Distribution Aug 7, 2009
Including volumes attributed to the Profound assets, PET's current productive capacity is approximately 185 to 190 MMcfe/d ... (8) Including volumes attributed to the Profound assets, PET's current productive capacity is approximately 185 MMcfe/d. (PR Newswire)
Baker Hughes Announces Second Quarter Results Aug 5, 2009
" A replay will be available through Wednesday, August 19, 2009. The number for the replay is (800) 642-1687, or (706) 645-9291 for international callers, and the access code is 15689055. The call and replay will also be web cast on www.bakerhughes.com/investor. Forward-Looking Statements This news release (and oral statements made regarding the subjects of this release, including on the conference call announced herein) contain forward-looking statements within the meaning of Section 27A of the... (PR Newswire)
Weaker Europe Recovery Than U.S. Means Bonds Get Preference From Investors Aug 3, 2009
Companies are reducing the economys productive capacity as they seek to protect earnings by curbing investment in plants, staff and research, said , chief markets economist at RBS in London. BASF, based in Ludwigshafen, Germany, said it expects a significant drop in sales and profit this year after shutting factories to weather sliding demand. (Bloomberg -- US)
* Working together, US, PRC can help worlds economy Jul 29, 2009
China can purchase more industrial machinery, transport equipment, and steelmaking material, which are among its leading imports from the US. Directing spending toward imports of capital equipment would avoid overheating Chinas own markets, boost the economys productive capacity (and thus its ability to grow in the future), and support demand for US, European, and Japanese products just when such support is needed most. This strategy is not without risks. (Taipei Times, Taiwan -- World Business)
Core Lab Reports Q2 2009 Results: Cash Totals Exceed $100 Million; YTD Free Cash Flow Equals $3.49/Share Jul 23, 2009
The results will be utilized to determine the productive capacity of these fields for upcoming Iraqi licensing rounds. Crude-oil testing, inspections, and distillation services also remained in high demand during the quarter. (PR Newswire)
Manuel hums old tune Jul 21, 2009
Outlining government's Medium Strategic Frame Work (MTSF) in Pretoria, Manuel said its main focus was to minimise the impact of the economic crisis on the country's productive capacity, on jobs and on poverty reduction measures. It has so far cost 200 000 jobs this year. (iAfrica.com)
Keynes is not enough Jul 16, 2009
" Indeed, he was, as Skidelsky notes, "famously skeptical about econometrics," with numbers for him being "simply clues, triggers for the imagination", rather than the expressions of certainties or probabilities of past and future events. With their model of rational homo economicus in tatters and econometrics in disrepute, contemporary economists would do well to pay heed to Keynes' advice that if only "economists could manage to get themselves thought of as humble, competent people on a level... (Asia Times Online)
Empowerment of elites is no way to build equal society Jul 15, 2009
They are not reinvested in our economy to increase productive capacity and enhanced South Africa's global competitiveness in the supply of value-added services ... Perhaps this can go a long way to alleviate the scourge of crime and corruption if we can lift up downtrodden compatriots by creating jobs through investing in the productive capacity of the economy and provide social and economic security. (Business Report, South Africa)
GM CEO: "Business As Usual Is Over" Jul 11, 2009
Now Obama is going to complete the destruction of our 'productive capacity' with more bailouts to Goldman Sucks and JP Morgan, leaving no taxpayer's money to invest in the 'rebuild' of America. I hate to sound pessimistic but until people like you wake-up from Fantasyland and call the White House to tell Obama to fire Larry Summers and cancel Tim Geitner's public/private-partnership plan to buy up 600 trillion more in worthless derivatives and credit-deftault swaps from Goldman Sucks and JP... (CBS News)
Japan's business confidence rebound disappoints Jul 1, 2009
Manufacturers are using less than 60 per cent of their productive capacity, according to estimates by Morgan Stanley. This recession had a very, very deep bottom,'' said Tetsuro Sugiura, chief economist at Mizuho Securities Research Institute in Tokyo. (Sydney Morning Herald -- Business)
France -- 2009 Article IV Consultation Mission, Concluding Statement Jun 29, 2009
It should focus on measures with the largest impact on the economy, such as investment spending and targeted transfers, and promote growth by enhancing productive capacity and alleviating financial constraints on SMEs. 10. (IMF News)
Welcome to the neighborhood, Mr. Mayor Jun 28, 2009
He did not approve of concentrating capital in a small pool of individuals but thought that the way to avoid that was to give everyone an ownership stake in the actual productive capacity of property. (A co-op is an example of this type of capital distribution. (San Francisco Chronicle -- Opinion)
Design for the new economy Jun 28, 2009
The government can and should issue debt-free money to create living wage jobs, rebuild public infrastructure and restore domestic productive capacity. Properly administered, this money will flow to community-based enterprises and help revitalize Main Street market economies engaged in the production of real wealth. (Athens Banner-Herald)
Ousting of Mbeki a red flag - Moody's Jun 26, 2009
Without foreign investment to compensate for the lack of local savings, the country will be unable to grow productive capacity and provide jobs. Lindow said that without foreign savings the country could not achieve economic growth of more than 5 percent a year - the target set in 2006. (Business Report, South Africa)
Cluff Gold Delivers AGM Statement Jun 26, 2009
We plan to drill within our License to increase the Kalsaka Mine's productive life and we also intend to make a modest investment to augment the productive capacity of the operation. Burkina Faso remains a stable country that actively supports the mining industry. (Canada Newswire)
Lack of planning makes SA a victim to global whims Jun 25, 2009
The recent economic growth trend of about 5 percent a year was on the back of growth in consumption expenditure of households, rather than increased productive capacity ... South African companies have not taken advantage of these opportunities, either by accessing export markets for their manufactures or importing equitably priced industrial machinery to increase the productive capacity of the economy. (Business Report, South Africa)
Even a grouch can find the silver lining in this economy Jun 23, 2009
"We still have the productive capacity we had before this recession," Fred said. "Business closings and unemployment give us an opportunity to refocus some of our resources. For example, Coachman Industries in Elkhart County is moving away from RVs to build fuel-efficient delivery and special vehicles. That's smart business. "GM and Chrysler are being given an opportunity to redirect their resources, to modernize their activities and relationships with workers and dealers, customers and... (The Daily Journal)
ROSS GITTINS Jun 20, 2009
If the econocrats are busy trying to slow the economy because demand is growing faster than the capacity to supply, what do we have to do to get more productive capacity. Wednesday February 13, 2008. (Sydney Morning Herald -- Business)
Post-crisis riches aheadfor East Asia leaders Jun 19, 2009
Similarly today, the three East Asian economic powerhouses collectively possess much of the world's productive capacity - just as the Organization of Petroleum Exporting Countries had (and has) much of the world's oil producing capacity. A generation of corporate outsourcing in the United States and elsewhere, combined with blinkered adherence to an ideology of free trade, helped bring on one of the largest transfers of production capacity in history: from the West to Japan, China, and Korea. (Asia Times Online)
South Africa: Thabang Mokopanele Jun 16, 2009
Illovo has embarked on a major drive to increase significantly its cane and sugar productive capacity in Zambia, Mozambique, Mali and Malawi. In SA, the group had undertaken a number of disposals and investments which were expected to result in a more streamlined business. (allAfrica.com)
Russian Federation -- Concluding Statement of the IMF 2009 Article IV Consultation Mission Jun 16, 2009
Thus, the ability of Russia s domestic financial system to mobilize savings to fund much-needed investment is likely to remain limited while inflation stays high, preventing an expansion of the country s long-term productive capacity. For these reasons, and given that much of the technical preparatory work is now in place, the mission supports the authorities plans for an early move to inflation targeting. (IMF News)
Tourism could lose $22bil: report Jun 16, 2009
Tourism Minister Martin Ferguson welcomed the report chaired by former Qantas chairwoman Margaret Jackson, saying the government and the industry need to focus on improving productive capacity and international competitiveness. The tourism industry's contribution to the Australian economy is immense, with the sector generating more than $40 billion in gross domestic product and directly employing around half a million people,'' Mr Ferguson said. (Sydney Morning Herald -- Business)
The Anti-Reagan Jun 16, 2009
Was it not the republicans/conservatives/neocons that partnered in deregulating the financial industry, refusing to regulate hedges, derivatives, credit options and voted with democrats to give mortgages to those who couldnt quality allowing the financial industry and government to outgrow and dominate the productive capacity of our nation while our productive capacity was canabalized, disassembled, offshored, outsourced and sold to the lowest cost producer. Was it not the... (The American Conservative)
Ghana must not sign EPA- Negotiator Jun 16, 2009
The two agreed that Ghana will benefit more from free trade globally if we improved on our productive capacity. Source:Intelligence(By Financial Pascal Kudiabor). (Ghana Web, Ghana)
Business can teach education how to beat drastic failures Jun 5, 2009
In spite of this spending, our inadequate public schooling system continues to bedevil growth, exacerbate unemployment, stifle tertiary institutions, retard industry competitiveness and generally weaken the productive capacity of the economy. Sadly, in an area where progress is most critical - education - it is most lacking. (Business Report, South Africa)
Africa: AU, UN Castigate International Donors Jun 2, 2009
"This is indeed worrisome, given the importance of productive capacity development for the achievement of the Millennium Development Goals. "In this regard, donors should ensure that increased aid is allocated to productive sectors and other activities with greater impact on employment creation and poverty reduction," reads part of the report. The report called for special attention to agriculture since Africa is heavily dependent on this sector for providing employment, generating economic... (allAfrica.com)
Culane Energy Releases 2009 First Quarter Results May 29, 2009
ADVISORY: Certain information regarding Culane in this news release including management's assessment of future plans and operations, timing of drilling and tie-in of wells, productive capacity of the new wells, expected production rates, drilling success rates, dates of commencement of production, may constitute forward-looking statements under applicable securities laws and necessarily involve risks including, without limitation, risks associated with oil and gas exploration, development,... (CCNMatthews Press Releases)
Canext Announces First Quarter Results and Operational Update May 23, 2009
If stimulated, the theoretical productive capacity would be over 150 and 200 bbls/d respectively. The best well in field indicated no near wellbore damage and was producing 240 bbls/d prior to being shut-in for break-up. (CCNMatthews Press Releases)
Public Information Notice: IMF Executive Board Concludes 2009 Article IV Consultation with Paraguay May 22, 2009
They emphasized the need to address operational and financial weaknesses of state-owned enterprises, which create significant bottlenecks in the productive capacity of the economy. Paraguay: Selected Economic Indicators, 2004-09. (IMF News)
No action yet on plan to help ailing sectors May 21, 2009
It was reported at the time sector-specific strategies would include the use of a combination of trade, industrial and social policy measures to prevent job losses and to regain jobs and productive capacity. The task teams' work was described as urgent and they were given four weeks to report to the presidency. (Business Report, South Africa)
READ: Full text of Geithner's prepared remarks May 21, 2009
Leaving that situation unaddressed would have undoubtedly risked a deeper recession and more damage to the productive capacity of the American economy. It would have resulted in higher unemployment and greater failures of businesses. (USA Today -- Money)
Arcan Resources Ltd. Announces First Quarter 2009 Results May 20, 2009
The Company's strengths include $110 million of tax pools, a strong slate of directors, experienced staff, excess productive capacity for tie-in, recently initiated and growing waterfloods, new drilling plans and growth potential. Arcan is building for the future. (CCNMatthews Press Releases)
Machinery Orders Fall as Companies Wait for Recovery Before Plant Upgrades May 15, 2009
Only about half the nations productive capacity is being used. That puts pressure on companies to cut costs and delay investments. (Bloomberg -- Japan)
Signing Ceremony Between the African Development Bank and the Intercontinental Bank PLC of Nigeria for a Line of Credit of U.S.$ 100 Million May 14, 2009
These projects will ultimately enhance productive capacity and growth in the country. This LoC is expected to strengthen the banking sector and have a strong, positive impact on Nigeria's development. (allAfrica.com)
DirectCash Income Fund announces results of operations for the three months ended March 31, 2009 May 14, 2009
Selling, General istrative Expenses ("SG For the three months ended March 31, 2009 SGnses increased by $465 thousand or 16.9% from Q1 2008. The increase on a quarter over quarter basis is the result of higher salaries and benefits incurred as the Mexican ATM operation is now accounted for in the first quarter of 2009 as well as the addition of some key staff members brought on to assist in DirectCash's growth. General and administrative costs were also up on a year over year basis principally as... (Canada Newswire)
Boyd Group Income Fund reports record 2009 first quarter results May 14, 2009
" "As a result of this strong performance, we have increased distributions in six consecutive quarters, including two increases in 2009 from $0. With stable to improving financial performance, we expect that distributions will continue to be gradually increased over time. (Canada Newswire)
Peak Energy Services Trust Reports Its Financial Results for the Three Months Ended March 31, 2009 May 13, 2009
In particular, forward-looking information includes the following statements within this press release regarding the expectations of: the geopolitical and global economic future; future oil and natural gas industry activity levels, hydrocarbon supply/demand balance and associated hydrocarbon pricing; future oil sands activity and development; the cyclical and seasonal nature of activity within the oil and natural gas industry; industry trends regarding provincial activity levels and type of... (CCNMatthews Press Releases)
Midnight Delivers Excellent Results on Its Multi-Layer Tight Gas Resource Development in the Deep Basin May 13, 2009
Subsequent to the end of the quarter we placed on stream a portion of our productive capacity, growing our production by more than 50%, with additional volumes to be added as pipeline restrictions and other constraints are removed. On April 9, 2009, Midnight closed a bought deal financing and issued 11,710,000 shares that raised gross proceeds of approximately $9. (CCNMatthews Press Releases)
AfDB Business Leadership Award Winner Advocates People-Friendly Governance May 12, 2009
"Unlocking women's productive capacity and leadership role is one of the most dynamic ways a society can multiply its efficiency and global competitiveness. This means awareness must be raised so that women can and must participate in all sectors of the economy for a myriad of reasons, most often out of necessity," she explained. The AfDB President, Donald Kaberuka, for his part, said private sector development was the key to unlock the huge potential represented by African women in business. (allAfrica.com)
U.S. Maternal Health Program: Marks 20 Years of Support to Mothers and Childbearing Women May 9, 2009
"Women make extraordinary contributions as caregivers and caretakers, as well as breadwinners and bread-makers. By averting maternal death and disability that cost families and communities so much, we can improve the productive capacity of women in their own nations.". Every year, more than half a million women die and many more suffer complications from childbirth. (PR Newswire)
Steel uptick May 9, 2009
The gathering momentum in domestic steel demand does call for renewed addition to productive capacity. Tata Steel is reportedly in the process of brown-field expansion to have in place 10. (India Times)
Megan McArdle May 9, 2009
Credit bubbles are always the same- there is more borrowing than the underlying, productive capacity can support ... "Credit bubbles are always the same- there is more borrowing than the underlying, productive capacity can support. " ... Couldn't you also say that there is more saving that the underlying productive capacity can support. (Slate)
Enerplus announces results for first quarter 2009 May 8, 2009
General and Administrative Expenses ("G During the first quarter of 2009 Gnses increased 9% to $2.21/BOE or $18.9 million compared to $2.03/BOE or $16.4 million in the first quarter of 2008. The year-over-year increase was primarily due to higher compensation costs associated with the increased number of employees along with increased office space. Gthe quarter was in line with expectations and on a BOE basis we expect it will increase during the year as our production is anticipated to decline.... (Canada Newswire)
U.S. may face years of sluggish economic growth May 8, 2009
More than 5 million jobs have disappeared in the past 15 months, and consumers and corporations are focused on paying off debt rather than spending or investing in new productive capacity. Federal Reserve Chairman Ben Bernanke told Congress earlier this week that the economy should bottom out in the next few months before beginning its long climb back to normalcy. (USA Today -- Money)
Learn from China May 7, 2009
Mao set steel production goals that equaled Britains, even though Chinas productive capacity was a fraction of Britains. The Chinese government produced a propaganda campaign to generate support. (Fresno Bee -- Opinion)
Cinch Energy Corp. Releases First Quarter 2009 Results May 7, 2009
The well's productive capacity is greater than current production but the production is currently being restricted to approximately 5 ... 0 mmcf/d (gross), less than the well's productive capacity due to pipeline constraints. (CCNMatthews Press Releases)
Yellow Pages Income Fund Reports Q1 2009 Financial Results May 7, 2009
(3) Maintenance capital expenditures refer to capital expenditures that are necessary to sustain current productive capacity. Management believes that maintenance capital expenditures should be funded by cash flow from operating activities. (CCNMatthews Press Releases)
Letter: Prison, punishment and rehab (May 3) May 3, 2009
It s true that 70 percent of supervised convicts have been able to return to society in a productive capacity, but I think you are wrong in condemning the judicial process of adding consecutive years to a criminal s sentence. The ADAs and DAs are looking for marks in the W column, and a conviction is a definite W, even if it costs a conviction on a few additional counts at least the felon goes away for the most serious charge. (Albany Democrat-Herald, OR)
Priszm reports first quarter 2009 financial results Apr 30, 2009
The Company defines distributable cash as cash provided by operating activities, per the Company's Consolidated Statement of Cash Flows, excluding net change in non-cash working capital and reduced for maintenance capital expenditures that are required to maintain productive capacity. The cash that is available for distribution per Unit will vary with the operating performance of the Company's business or assets, its capital requirements, debt obligations and the number of Units outstanding. (Canada Newswire)
Voter's guide: economy Apr 16, 2009
Cope: promises "to promote competitiveness and enhance the productive capacity of the economy, and ensure greater efficiencies in the production value chain". Public works programme. (iAfrica.com)
What was World Bank smoking to tap Mr. Kufour for poverty task force? Apr 12, 2009
And did the World Bank know that shortly before selecting Mr. Kufour, their candidate had signed a retirement package for himself that seeks to expropriate the productive capacity of no less than 2,857 fellow citizens to support himself and his family, just all of one year. The incredulous reader can check out our 2,857-fellow-citizen data by taking $2 million, being a very educated estimate of the cost for Kufour ex-gratia award to himself in the first year alone, and dividing that... (Ghana Web, Ghana)
