Abbas unto the abyss Nov 14, 2009
"People are now saying that the moderate approach has failed and that two states is no longer an option. For the next generation of leaders it will not be business as usual. Much of the approach that has come before will be discarded. ''My fear is that the anger of the new generation will not be contained; it will have spillover effects.". Only one person had the mass following to seriously challenge Abbas for the presidency in 2004. (Sydney Morning Herald -- World)
Studies show marine reserves can be an effective tool for managing fisheries Nov 10, 2009
"When you have a protected population, you not only get spillover effects when fish swim out of the reserve and get caught, you also have major effects on larval production," Carr said. "The bigger, older fish in the reserve produce a lot of larvae that replenish the fished populations outside.". (EurekAlert!)
Daytona Beach lures youth tennis tourney Nov 8, 2009
The spillover effects are good for the city's tourism business, Williamson added. The tennis center hosted an adult sectional championship in July that drew 600 participants and had an estimated economic area impact of $1. (Daytona Beach News Journal)
As developers push a Milford casino, nearby towns fret Nov 1, 2009
With Milford the latest town eyed for a resort casino, neighboring communities fearing potential traffic, crime, and other spillover effects are wondering how to get in on the decision. I have a lot of concerns, said state Senator Karen Spilka, a Democrat from Ashland. (Boston Globe)
Islamabad dismayed by 'dithering' US Oct 23, 2009
Twining pleads the case of the West staying the course in Afghanistan, if primarily for the reason of "shaping Pakistan's future" when he argues, "Proponents of drawing down in Afghanistan on the grounds that Pakistan is the more strategic prize have it only half right: if Pakistan is the strategic prize, it should be unthinkable not to press for victory in Afghanistan given the spillover effects of a Western defeat there.". Henry Kissinger, in his Newsweek column "Deployments and diplomacy for... (Asia Times Online)
Finance and Economic Growth, Remarks by First Deputy Managing Director John Lipsky Oct 20, 2009
In particular, the share of finance in the US economy grew significantly, with spillover effects in other advanced economies. The securitization process accelerated strikingly, boosted by the rapid development of derivatives markets. (IMF News)
Africa: Africa's IDPs in Numbers Oct 19, 2009
At least 168,000 people were displaced as at April, living in 38 sites, mainly in the eastMost of these fled fighting between the Chadian army and armed opposition groups, inter-ethnic violence and the spillover effects of the Darfur conflict in neighbouring Sudan. Sources: IDMC, Congo Advocacy Coalition, UN agencies. (allAfrica.com)
Rainy day funds see Middle East through downturn Oct 12, 2009
"The fact that (Gulf) countries have maintained spending had positive spillover effects ... to the oil importers, which are also labour exporters," said Nasser Saidi, chief economist of the Dubai International Financial Centre. Much of that gain came from money sent home by Arab workers living in Dubai and other Gulf business hubs. (Business Report, South Africa)
Byrd announces $113M for W.Va. Oct 9, 2009
Much of this work being conducted throughout the state of West Virginia is cutting edge technology that will have spillover effects for the private sector and I am pleased that we have been able to once again support these efforts in these tough economic times. At Rocket Center, $10 million will be provided to the U.S. Department of the Navy to initiate the replacement of the aging steam plant at the 1700-employee government-owned ABL facility. (Keyser Mineral Daily News Tribune, WV)
Now, AirAsia can fly to Paris Oct 9, 2009
He said that Malaysia could definitely benefit from the spillover effects of the industry. On reports about the sale of Plus Expressways Bhd and other toll expressway concessionaires, Najib said the Government had not made any decision. (The Star Online, Malaysia)
Podium finish vital for F1 business Sep 30, 2009
Now the Proton group owns Lotus cars, and there will be spillover effects from this venture onto Proton ... F1 creates new jobs and innovators will emerge from this exercise while the spillover effects are enormous. (The Star Online, Malaysia -- Business)
Cellphones and petrol take heat out of inflation Sep 23, 2009
Van Dyk said that inflation would prove "relatively sticky" next year because of the "spillover effects of high electricity prices and other input costs" and attempts by producers and retailers to restore profit margins. BUSINESS SERVICES. (Business Report, South Africa)
Editorial: State parks are economic engine Sep 3, 2009
Even some Republican lawmakers who voted for the cuts are now asking Gov. Arnold Schwarzenegger to spare the parks in their districts, citing their economic spillover effects. But if the state is going to go down this route, it needs to make its hit list public as soon as possible so that private citizens with the time or the means to step forward and help are able to do so before it is too late. (Sacramento Bee -- Opinion)
Border war rattles China-Myanmar ties Sep 1, 2009
One Chinese official, who requested anonymity, said that Chinese central authorities were "extremely upset" by the spillover effects of the Myanmar military's actions and were "furious" that they had not been forewarned about the offensive. After a flurry of diplomatic contacts, both in Beijing and Naypyidaw, Myanmar has "apologized" for the instability caused across the Chinese border, according to a Myanmar Foreign Ministry official. (Asia Times Online)
Richmond Fed Working With HOPE NOW, NeighborWorks America to Help Homeowners Aug 25, 2009
Areas once unaffected by foreclosure are now experiencing unemployment and spillover effects from adjacent communities. The Federal Reserve Bank of Richmond has identified the Washington, D.C., region - including Maryland, Virginia and West Virginia suburbs - as an area with increasing mortgage delinquency and foreclosure challenges. (PR Newswire)
AP NewsBreak: US looks to Vietnam for Afghan tips Aug 7, 2009
Their purpose was to keep in touch with Pakistan's government and army so that "this time around, as the (NATO) offensive picks up steam, the Pakistanis are ready for it, so the Pakistanis know where the military operations are happening - and they can prepare for any spillover effects," Holbrooke said at a State Department news conference. Karzai: Afghans want rules for troops changed. (Fresno Bee -- Local)
Afghan, Pakistani conflicts spilling into Central Asian states? Jul 31, 2009
Tajikistan, which shares a 750-mile border with Afghanistan, sits on the front line of spillover effects. Last Saturday, two explosions rocked Dushanbe. (Christian Science Monitor -- World)
Prices of food leaving farms fall, raising hopes that the trend will reach shelves Jul 31, 2009
Standard Bank economist Danelee Van Dyk attributed the monthly jump to "the seasonal switch to winter electricity tariff pricing, which is bound to get a further lift (this month) when Eskom's interim electricity tariff rise of 31.3 percent kicks in. The actual increase will probably be higher in July, owing to spillover effects of higher winter tariff charges.". Meanwhile, confirmation of the deflationary trend is good news for consumers. (Business Report, South Africa)
Global Economy En Route to a Rocky Recovery: Special International Edition Jul 11, 2009
Both Central and Eastern Europe have been hit hard by the spillover effects of the recession in the European Union and the collapse in Russia. Investment in the industrial sector, in particular, has collapsed. (PR Newswire)
'Monsoon delay to impact growth' Jun 28, 2009
However, there would also be a spillover effects to other sectors, she said. "For instance, a slump in agricultural output will hurt the income of some businesses and households. This will in turn weigh on business investment and household consumption, so service-related sectors may also feel a bit of the squeeze caused by the monsoon problem," she explained. (India Times)
New family-focused model of depression care needed to minimize risks Jun 16, 2009
WASHINGTON -- Health and social service professionals who care for adults with depression should not only tackle their clients' physical and mental health, but also detect and prevent possible spillover effects on their children, says a new report from the National Research Council and Institute of Medicine. To achieve this new family-focused model of depression care, federal and state agencies, nonprofits, and the private sector will have to experiment with nontraditional ways of organizing,... (EurekAlert! -- Business News)
FDA Warnings Led To Unintended Changes In Depression Diagnosis, New Report Finds Jun 16, 2009
"The warning was extended to young adults aged 18 to 24 years in May 2007. Immediately following the 2003 advisory, unintended declines in case finding and non selective serotonin reuptake inhibitor substitute treatment were shown for pediatric patients, and spillover effects were seen in adult patients, who were not targeted by the warnings.". To determine whether these unintentional consequences have persisted, Anne M. Libby, Ph. (Science Daily)
IMF gains illusory strength Jun 4, 2009
Asia Times Online :: Asian news and current affairs. As the financial crisis reached global and historic proportions last year, many commentators identified one institution as the debacle's great winner: the International Monetary Fund (IMF). (Asia Times Online)
Bank Negara meets Thai counterpart Jun 1, 2009
Both central banks shared their experiences on their policy responses to deal with the spillover effects of the global financial crisis and the sharp contraction in economic activities in the major advanced economies, Bank Negara said. Bank Negara said the meeting noted that the financial systems in Malaysia and Thailand were strong and resilient and that financing to the economy had been flowing adequately. (The Star Online, Malaysia -- Business)
UEM Land, BiotechCorp to develop biotech hub May 22, 2009
He said the biotech park would be one of the important projects in Nusajaya as it would have tremendous spillover effects on the entire development of the area. Nusajaya is a 9,600ha development, which is currently home to eight signature projects: the Johor State New Administrative Centre, Southern Industrial and Logistics Centre, International Destination Resort, Residences at Nusajaya, EduCity, Medical Park and its jewel, the Puteri Harbour waterfront development. (The Star Online, Malaysia -- Business)
Overcoming the Great Recession An Address to the Japan National Press Club, Remarks by John Lipsky, First Deputy Managing Director of the International Monetary Fund, at the Japan National Press Club, Tokyo, May 18, 2009 May 19, 2009
IMF analysis indicates that fully one-third of the expansionary impact of the fiscal stimulus reflects spillover effects from stimulus-driven trading partner demand. When automatic stabilizers are taken into account, the amount of G-20 fiscal effort already anticipated in 2010 will remain similar to that in 2009. (IMF News)
Wah Seong sees busy year ahead May 2, 2009
Demand for raw materials will increase from the spillover effects. We are now adding new products to our portfolio so that we can be a one-stop shop. (The Star Online, Malaysia)
Brand India fails to strike a bond with Modern India Apr 28, 2009
Yet as Mittals experience with Arcelor and Tata demonstrates, country of origin brand image does have spillover effects when attempting to acquire global brands. It was also responsible for the resistance that Tata faced in buying global luxury brands like Orient-Express , Land Rover, and Jaguar. (India Times)
State bankruptcy bill is designed to protect labor contracts Apr 28, 2009
Far from protecting the state and other jurisdictions from the potential negative spillover effects if one local government declares bankruptcy, AB 155 may actually put the state at great financial risk. As an Assembly committee analysis of the bill says, it could "create the implication that the state has assumed responsibilities for the debts of the distressed municipalities" whose bankruptcies are denied or delayed. (Fresno Bee)
Invest in ICT to capitalise on bad times Apr 28, 2009
ICT is a general purpose technology now that has spillover effects that are quite significant but we know that tax laws are hard to change, he said. Quick route. (The Star Online, Malaysia -- Technology)
Press Release: Statement at the Conclusion of an IMF Staff Visit to the DRC Apr 2, 2009
Lower mining exports and the associated spillover effects have significantly reduced economic activity, raised unemployment, and weakened the balance of payments, placing additional pressure on the exchange rate. Inflation peaked in February, reflecting the impact of the fiscal slippages in late 2008 on domestic demand and the exchange rate. (IMF News)
Commentary: Solution of Afghan problems needs int'l efforts Mar 29, 2009
The "spillover effects" of the problems have cast a shadow over regional peace and stability. Afghanistan borders five SCO members and observers. (Xinhuanet, China)
EXCLUSIVE: United Nations Power Grab? Mar 28, 2009
Indeed, only rarely does the "information note" attempt to inform readers in dollar terms of the impact of "spillover effects" from the potential policy changes it discusses. In a brief mention of consumer subsidies for fossil fuels, the note remarks that such subsidies in advanced economies exceed $60 billion a year, while they exceed $90 billion a year in developing economies. (Fox News)
Clinton says US shares responsibility for Mexico's drug violence Mar 27, 2009
The White House announced Tuesday that it was dispatching of hundreds of additional federal agents to the US-Mexican border to help border states deal with the spillover effects of the violence, as well as taking new steps to interdict drugs coming north and cash and weapons flowing south. Congress has approved $700 million in assistance to help Mexico fight drug traffickers and build more effective security forces. (Christian Science Monitor -- World)
'Way to hell' Mar 26, 2009
The idea is that if all work together, there will be spillover effects, so that countries will also gain by being able to sell more exports abroad as well as boosting their economies at home ... The IMF says that the overall fiscal stimulus plans could boost world growth in 2009 by between 1% and 3%, with about 1% coming from spillover effects. (BBC News -- Business)
Feds detail efforts to beef up border security Mar 25, 2009
The spillover effects of drug cartel-related violence are very real and very dangerous, she states. Kidnappings, home invasions and high-speed chases through neighborhoods are impacting communities throughout Arizona and across the Southwest. (Sierra Vista Herald, AZ)
FROM THE FED: Read the speech Mar 21, 2009
Improvements in these areas should reduce the likelihood that the failure of any individual institution would have substantial spillover effects on other financial institutions or the broader markets, and thereby make it less likely that the government would need to intervene. Finally, an important element of addressing the too-big-to-fail problem is the development of an improved resolution regime in the United States that permits the orderly resolution of a systemically important nonbank... (USA Today -- Money)
TSX headed to 7,000, CIBC says Mar 12, 2009
Second-quarter [gross domestic product] growth in both the United States and Canada is likely to show further substantial contractions in the economy, while the banking crisis is likely to continue to have spillover effects on Canadian financial stock valuations, Mr. Rubin said in the bank's portfolio strategy report Wednesday. Both factors will likely push the TSX down to 7,000 before Washington's massive fiscal stimulus and financial rescue package gain traction, Mr. Rubin wrote. (Globe and Mail -- Business)
Transcript of a Conference Call on Canada’s 2009 Article IV Consultation Mar 12, 2009
And, again, research by the Fund and others have shown that when financial strains are significant, recovery tends to be slow, and we ve factored that into our projections for the U.S. And, as I mentioned, that has some spillover effects onto Canada, the United States being a very important trading partner to Canada. MR. ESTEVAO: Also, if I can just add, the Central Bank forecast was released a month or so ago, a couple months ago, and our view incorporates information that has occurred since... (IMF News)
The coming Great Recession Mar 11, 2009
The immediate concern will be on how fast the funds are disbursed to the relevant sectors so jobs can be created and the spillover effects felt by Malaysians. There is no room for wastage and leakage. (The Star Online, Malaysia)
Mini Budget Speech: RM60bil for stimulus package Mar 10, 2009
Third: Projects to be implemented must be in strategic sectors, such as education, health and tourism; have high spillover effects; create sustainable job opportunities; and enhance the nations competitiveness. 69. (The Star Online, Malaysia -- News)
Public Information Notice: IMF Executive Board Holds Board Seminar on The State of Public Finances: Outlook and Medium-Term Policies After the 2008 Crisis Mar 7, 2009
Directors considered that the Fund has an important role to play in monitoring fiscal developments across countries, and in examining stimulus measures taken by major advanced countries and their potential spillover effects on emerging market countries, including the impacts on financing conditions and trade flows. They encouraged staff to strengthen the use of consistent methodologies and indicators of emerging fiscal risks; advise member countries on the appropriate fiscal response to the... (IMF News)
Asia stocks mixed as China vows 8 percent growth Mar 5, 2009
With Western economies and the global financial system still in tatters, any spillover effects from China would be limited. "Knowing China will be spending is comforting, but we have doubts whether this will help other countries' economies in the end," said Kelvin Lau, a regional economist at Standard Chartered Bank in Hong Kong. (Anchorage Daily News)
* Singaporean economy fell 4.2 percent in Q4 Feb 27, 2009
The spillover effects of the global crisis will have an impact on many sectors. . (Taipei Times, Taiwan -- Sports)
Singapore's economy grew by 1.1% in 2008 Feb 26, 2009
Singapore's economy grew by 1. 1% in 2008 Posted: 26 February 2009 0806 hrs. (Channelnewsasia.com)
Goal: Save 9 million homes Feb 19, 2009
"That will help families at risk, and it also will help the entire economy by stabilizing the housing market and preventing billions of dollars in spillover effects that occur when the market is weak.". or 919-829-4528. (News & Observer)
King takes dim view of directors' shares Feb 18, 2009
The spillover effects of the financial crisis could undermine corporate governance practices in certain industries, particularly the financial services sector, Mammatt said. The King code would require more disclosure on executive remuneration schemes, and companies would have to submit their remuneration schemes to shareholder scrutiny and approval. (Business Report, South Africa)
Death of a Czar Feb 17, 2009
The Wall Street Journal and New York Times lead off their business coverage on Monday with news that to oversee the revamping of General Motors and Chrysler and will instead keep the politically delicate task in the hands" of Treasury Secretary Timothy Geithner and Chairman of the National Economic Council Lawrence Summers. A major deadline looms tomorrow for GM and Chrysler as they try to prove their creditworthiness to the Obama administration and plead for billions more in federal loans. The... (Slate)
Lawmakers debate foreclosure bills Feb 12, 2009
"The spillover effects are just astronomical," Buckley said. "We see communities suffering from increased crime. The more vacant homes you have, the more potential you have for neighborhood problems.". (San Francisco Chronicle -- Crime)
Public Information Notice: IMF Executive Board Concludes 2008 Article IV Consultation with Cambodia Feb 11, 2009
However, in 2008, conditions became less settled, owing to spillover effects from the global financial crisis and weakening external demand. Cambodia has been particularly vulnerable to recent shocks given its narrow production base, concentration of exports by product and destination, and dependence on external inflows. (IMF News)
Mohammad says Ampang will soon get its own local plan Feb 10, 2009
He added that as there would be spillover effects from the Draft Kuala Lumpur Plan 2020. There will be some overlap with MPAJs local plan mainly because of the proximity of the commercial side of Ampang to Kuala Lumpur. (The Star Online, Malaysia)
