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Exact(22)
Despite popular resistance, governments are racing to stay ahead of the bond markets by slashing their budgets.
In theory businesses and workers should quickly adjust to a deflationary shock, by slashing their prices and wages.
His instinct in July was to punish the hardest-working and the lowest-paid, by slashing their tax credits.
The strategy's biggest weakness is that it assumes that badly hobbled countries, starting with Greece, can regain their ability to service their debts by slashing their budget deficits.
The big firms reacted by slashing their portfolios of chalets and hotels for this winter, hoping cutting supply would let them sustain prices and profitability.
The reform aims to squeeze more out of them: by banning tax consolidation, which enables big firms to offset profits in one business with losses from another; and by slashing their ability to write off employee benefits for tax purposes.
Similar(36)
There are stories of Çarşi members striking up friendships with players by first slashing their tires and then giving them a ride home; of trashing the players' facilities, and then turning up the next day with baklava and flowers.
Some companies have cut costs by $80, slashing their break-even points as well.
Despite several rate cuts by the Federal Reserve, and additional efforts by the central bank to pump cash into the banking system to ease the credit crunch, banks are still finding the need to raise additional capital by either slashing their dividend, as National City Corp. did last week, or selling stakes to outside investors.
And absent confidence and the sense of certainty which comes with it, they will, as the article notes, continue to "grow by slashing", slashing their capital spending with one hand and their payrolls with the other.
Those actors portraying legionnaires learned to fight by thrusting, not slashing their weapons.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com