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Fitch Ratings has predicted a decline in inflation and interest costs in Pakistan during FY25 as the country prepares to enter a new IMF program. The rating agency expects inflation to remain at 12% in the crisis-hit country. The State Bank of Pakistan recently cut its key interest rate by 150 basis points in an effort to boost growth amid declining retail inflation. Fitch Ratings also stated that government debt is expected to decline to 68% of GDP by FYE24, and it forecast the FY25 policy rate at 16%. The agency expressed doubts about the government's fiscal targets but predicted a drop in the fiscal deficit even with partial implementation of the budget. [Extracted from the article]

This article focuses on the impact of the credit crisis on aerospace and defense (A&D) companies. Anita Antenucci of Houlihan Lokey points out the financial stability of A&D companies. There are significant improvements in solvency, according to the 2008 second-quarter data from "Aviation Week" Top-Performing Companies benchmarking tool. Particular focus is given to concerns over aircraft financing, along with the negative implications of the proposed $700-billion U.S. government bailout for the defense side of the A&D industry.

The article focuses on bailout loan sought by Bournemouth, Christchurch & Poole Council (BCP) on a row over beach huts at the Dorset coast. Topics discussed include petition started by one resident, Daniel Parkin asking the plans be put on hold to allow full disclosure from the council; the Unity Alliance take control of the cow1cil, led by Vikki Slade after the first elections to the new authority; and the sale of the beach huts was first unveiled at a budget meeting in February 2022.

The article discusses the need for regulators to understand the events that can threaten aggregate assets of the whole banking system instead of focusing on a limited number of large banks. Topics discussed include the need for stress tests of the entire banking system and a hypothetical numerical example of the New York/Florida scenario to show a situation where the banking system's exposure to aggregate risk is determined by choices made by small banks.

The article focuses on challenges faced by Aegean Airlines due to Greece's uncertain financial outlook and if the country leaves the eurozone position. It mentions that the country's government opposes measures imposed as part of the country's bailout by the European Central Bank, International Monetary Fund and European Commission. Topics discusses include the company's new air routes, views of Aegean's managing director Dimitrios Gerogiannis on the firm's restructuring.

The budget document also reveals the predicament of a government trying to meet IMF requirements, with an eye on the coming elections. As one senior PML-N leader admitted, the budget proposals reflect the agreement with the IMF made by the previous government. Miftah Ismail's budget speech echoed the PTI finance ministers' accusatory rhetoric blaming successive governments for the mess. [Extracted from the article]

Separately, Lahore Chamber of Commerce & Industry (LCCI) Vice President Haris Ateeq has backed PM Sharif as someone who would be able to bring all economic issues under control. PM Sharif sought a reduction in the prices of daily-use commodities and essential items, particularly during the month of Ramazan, stressing the need for maintaining a balance between the national and public interests. [Extracted from the article]

The article examines the economic performance of Portugal as of September 2014. It states that Portugal has left its bailout program in May and posted growth in the fourth quarter of 2013. Portugal is reportedly the strongest performing in Europe, prompting foreign investors to capitalize on government programs to make money. Other topics include the tax pressures for the domestic market and the performance of various industries such as the legal services sector.

The article reports Indonesia-based carrier Tigerair Mandala has announced plans to shut down operations starting July 2014. Topics covered include the failure of Tigerair's last-minute rescue negotiations with AirAsia and the problems of low-cost carriers in Asia including efforts to increase aircraft utilization and market share at the expense of yields.

The article suggests a market-based regulation to compute the appropriate magnitude of taxation since bailouts are inevitable. The author explains his notion of two risk externalities in discussions of bank regulation, the systemic and fire sale externalities. He also argues that bailouts or debt guarantees could lead to inefficient investments by financial institutions. Also discussed is the use of externality analogy to develop a suitable regulation to the risk externality created by government guarantees.

The article presents an overview of the Canadian banking system. Reported as being conservative, the country's banking institutions have been praised for their stability and avoidance of massive bailouts that are reported in the U.S., Great Britain, and other countries. Reasons cited include avoidance of risky financial investments, and focusing on gathering deposits and lending. Paul Volcker, who sits on U.S. President Barack Obama's Economic Recovery Advisory Board, is quoted as suggesting the Canadian system as an ideal one the U.S. should emulate.

The article discusses the adoption of electronic medical records (EMRs) by health facilities in the U.S. It is said that EMRs have taken center stage in the debate over reforming health care in the U.S. after President Barack Obama signed the federal economic stimulus in February 2009. The federal aid set aside 20 billion dollars in incentives to attract medical providers to adopt EMR.

The article discusses about newspaper ownership. Newspaper ownership model seems to be weakening, affected by eroding margins, sputtering cash flows and shrinking advertising dollars. The Wall Street has send newspaper stocks down by 70 percent or more. Some of the alternative ownership ideas include federal or state government bailout, adoption of newspapers by foundations and nonprofits organizations, and exemption of newspapers from antitrust rules.

The article offers news brief concerning Great Britain as of October 1, 2021 including explore of government merging health and social care, bailout faced by slough and increase in funding to be faced by Councils.

Focuses on the efforts of the Detroit Medical Center in Michigan to save its public safety net health care delivery system. Bailout and support provided to the center; Information on cities in the U.S. which encounter financial problems in their health care systems; Public health systems studied by Detroit health care leaders. INSETS: TOUGH TIMES;SAFETY NET STATS.

Interviews U.S. economist and author Allan H. Meltzer about the Federal Reserve. Failures of the Federal Reserve; Relationship between theory and policy; Controversies from deflation to international bailouts.

The article discusses Malev Hungarian Airlines and its financial bailout by the government of Hungary. Malev's competitors are said to have filed complaints with the European Commission. Under the agreement, Hungary will own 95 percent of Malev shares, with the remainder held by AirBridge, the Russian air transport group and former majority owner.

The article reports that the Russian government is preparing to put money and order into engine-maker NPO Saturn. According to the article, the move on Saturn is the first major example of direct government support to the country's struggling defense-industrial complex. It is inferred that the government is preparing to a 50-billion-ruble bailout package for the defense industry. It notes that the move to take over Saturn is part of governmental ambitions to consolidate aircraft engine manufacturers under the state-controlled Oboronprom.

The article discusses austerity measures which led to the economic recovery of Portugal as of 2015. Topics covered include the economic situation in the country in terms of debt and gross domestic product (GDP) when it decided to exit its bailout program in May 2014, the positive economic outlook for the country which could be attributed to its reform programs, and the focus of the Portuguese government on foreign investments.

The article focuses on the legal market within Cyprus in 2013. Topics include the public response to the European Union's (EU) bailout package offered to Cyprus, the possibility of future foreign investment in the Cypriot energy sector, and the reputation of the banking industry within Cyprus. Information is provided on the success of international law firms in Cyprus.

The article focuses on financial difficulties faced by South African Airways (SAA). It states the state-owned airline lobbied the South African government to extend a 741 million dollar bailout to cover a long-term turnaround and address imminent cash requirements. It mentions Public Enterprise Minister Malusi Gigaba didn't provide an outright grant but instead provided a loan of over 500 million dollars which would need to be repaid by 2015. It comments there are no plants to privatize SAA.

The article looks at the impact of the U.S. government as the controlling shareholder of a company on the rules for litigation relating to the bailout of American International Group Inc. (AIG). During his testimony before the House Committee on Oversight and Government Reform, AIG chief executive officer Edward Liddy was asked by representatives about issues on bonuses, corporate governance, sell-off strategy, and the alleged loot of billions of stock by former CEO Maurice Greenberg. Concern over politics entering the decision-making process is raised.

The article discusses the impact of the depressed economy on the financial markets and middle market acquisitions in the U.S. The government brought out a $700 million bailout for the finance industry in order to save it. It is asserted that the economic crisis in the country was triggered by reckless residential mortgage lending and creation of exotic financial derivatives.

The article details the acquisition of Merrill Lynch & Co. Inc. by Bank of America (BofA). A common stock of Merrill Lynch will be paid by BofA for 0.8595 each. The bank chose Merrill over Lehman Brothers after the government decided not to provide money to backstop its debt portfolio. Lawyers who worked on the acquisition include Nicholas Demmo, Eric Rosof and Joshua Holmes.

In this article the author talks about the COVID-19 pandemic bringing the Indian mining industry to a grinding halt, miners across the country have sought a bailout package for survival of the industry. It mentions that the spread of COVID-19 has created an extra-ordinary and unprecedented situation in the Indian mining industry, had been under severe stress even before the pandemic and now challenges from the pandemic have brought the industry to a grinding halt.

The article discusses that South African firm ENSafrica and Allen & Overy are leading on the business recovery of one of Africa's largest airlines, South African Airways. It mentions the airline, which has entered the local form of bankruptcy protection had been struggling since with ongoing losses and state bailouts; and also mentions other South African companies are currently in debt restructuring processes include Eskom.

Japan-based SoftBank Group confirmed it will pump billions of dollars into struggling startup WeWork in a deal that ups its stake in the office-sharing firm to around 80 per cent. "SoftBank has decided to double down on the company by providing a significant capital infusion and operational support", SoftBank Chairman Masayoshi Son said. [Extracted from the article]

The article focuses on airline Air France's efforts to return to profitability by 2015. It states that chief executive officer Alexandre de Juniac and his executive team developed a plan to reduce costs with an early retirement plan to reduce wages but is opposed by flight attendants. It mentions that the European Commission has forbade additional bailout funding by France's government. It talks about political interference to plans to cut the Strasbourg-Paris Charles de Gaulle Airport route.

The article reports on the privatization of the TAP Portugal airline, as part of a bailout of Portugal by the European Union. TAP was among the state-owned companies which Portugal was required to sell as a condition of receiving some $110 billion in financial aid. The implications for international airline alliances are discussed.

The article focuses on plans by Japan Airlines (JAL) to downsize its fleet and workforce. It states that JAL declared bankrupcy in 2010 and required a government bailout to remain viable. It mentions that JAL plans to retire 103 aircraft, including its entire fleet of Boeing 747s, and lay off 16,114 jobs by the end of March 2011. JAL President Masaru Onishi mentioned that JAL does not have a growth plan at this time and plans on reestablish the company as a quality airline.

The article presents the author's opinions regarding the European airline industry and its economic conditions in response to the Iceland volcano eruption in May 2010. Details are provided noting how calls are being made for governmental financial aid to assist the sector after lost profits from the natural disaster. Comments are given suggesting that the industry should not be bailed out, but should fix its structural weaknesses which allowed for such incidents to cause problems.

Several letters to the editor are presented in response to articles in previous issues including “Misguided Airline Bailouts" in the February 15, 2010 issue, an article on tailplane stalls in the February 22, 2010 issue, and an article on infrared missile systems in the January 18, 2010 issue.

The article reflects on the effort of some Asian governments to bailout poorly run airlines. It notes that the restructuring of Japan Airlines (JAL) is an exercise in poor public policy instead of rational business decision-making. It questions the government's involvement in the JAL restructuring if it can be transformed using taxpayer money under Japanese bankruptcy laws. It cites the usual rationale for bailouts in Japan.

The article focuses on a bailout of Russia's main airline GTK Rossiya by the Russian government to prevent its failure. Rossiya stands to receive 3.9 billion rubles to keep the heavily loss-making airline flying under the deal worked out on December 25, 2009. It notes that the traffic levels of the carrier in 2009 were more than 16% below 2008 levels, lagging rivals that are averaging 11% declines. It also reports that the airline has failed to pay bills due to lessors as well as maintenance and other service providers.

The article reports that the French government is aiming part of a multibillion-euro recovery plan at accelerating the deployment of urgently needed weapon systems and to keep its defense industry afloat. Under a plan unveiled on December 17, 2008 by Defense Minister Herve Morin, the government will inject €1.4 billion in 2009-10 to augment production rates and move up qualification of some new programs that could help meet urgent requirements for French troops engaged in the International Security Assistance Force of NATO in Afghanistan.

The article presents an overview of the impact the U.S. Emergency Economic Stabilization Act of 2008 is expected to have on the architecture industry of the U.S. and clients of U.S. architectural firms. A discussion is presented of the opinions of Andrew Goldberg, the senior director of affairs at the American Institute of Architects, on the impact the legislation may have on the sustainable building movement.

The article reports on the effort of Italian banks and politicians to allow Italian flag carrier Alitalia to survive despite massive structural and financial problems. The architects of the survival strategy hope to have the revamped Alitalia operational by early November 2008. The airline would be merged with privately owned Air One, get a new business plan and have shed debt, workforce and loss-making activities. Moreover, a group of banks and private investors will inject €1 billion into the new entity.

The article offers energy industries news briefs as of May 1, 2018. Topics discussed include the financial bailout passed by the Democratic-led Legislature of New Jersey for its nuclear industry, plan of Diamond Generating Group to build combined-cycle plant and the merger of Vista Energy Resources Inc. and Dynergy.

The Italian government of Prime Minister Silvio Berlusconi is pressing state-controlled companies to pour bailout funding in Alitalia SpA. Investment in the troubled flag carrier would be too risky for private investors while an additional government-funded capital injection would break European Commission competition rules. So government and management are jointly devising an interim plan to buy time to ensure that Alitalia survives massive losses. It has been asked by Italian authorities to acquire, either alone or with partners, stakes in noncore-business affiliates of Alitalia that are scheduled to be abandoned by the airline's reshuffled management Fintecna could acquire the maintenance, overhaul and repair unit as well as information systems.

Reports the offer of subsidies to American airlines by the European Union. Concern over unfair advantage due to bailouts given by the United States government to the airlines; Aim of lessening the effects of the terrorist attacks on the European airline industry; Stance of the European Commission over the airline insurance coverage.

The article discusses how emails from Davis Polk & Wardwell is hurting the U.S. government's case in the 40 billion U.S. dollar shareholder lawsuit brought against the federal government over its bailout of American International Group Inc. (AIG) in 2008. Topics covered include the emails advising the U.S. Treasury and the Federal Reserve Bank of New York in the bailout.

The article reports that law firm King & Wood Mallesons' (KWM) partners in Great Britain, Europe and Middle East have until November 21, 2016 to agree to 12-month lock-ins to receive financial support from China. If the 130 EUME partners all agree to be locked-in for a year, the firm will get a bail-out from China which it needs to meet its financial obligations to lenders, pay its rents and the taxes due in January 2017.

The article discusses the debate over whether Australia needs help from China and India after the Australian government give another financial handout to the automotive industry. Royal Melbourne Institute of Technology (RMIT) economist Sinclair Davidson condemns the decision of the government to give Holden 275 million Australian dollars. An overview of the problems facing the local automotive industry is provided.

The article discusses the mistake made by the American Insurance Group Inc. that led to its decline.

The article reports on the economic development of the legal services industry in Northern Ireland. It mentions that the legal business have boomed despite the bailout made by the International Monetary Fund (IMF) and the European Union (EU), and the uneasiness of the economy. It states that the law firms have benefited from the works of the National Asset Management Agency (Nama).

The article focuses on the decision by automobile industry firm Chrysler Corp. to purchase television advertising during the broadcast of the Super Bowl football game on February 7, 2010. Chrysler, which received a bailout from the U.S. in 2009, has been criticized by some advertising employees for what is called an ostentatious waste of money. Others state advertising is a normal and proper part of any business.

The article reports that law firms Allen & Overy (A&O) and Freshfields Bruckhaus Deringer have won mandates relating to the establishment of the largest bank in the Middle East and North Africa (MENA) region. Topics covered include the bank set to be created after the merger of First Gulf Bank and National Bank of Abu Dhabi, the merger expected to operate a network of branches, and the role of A&O as an adviser to the Abu Dhabi's Government regarding its bailout of five local banks in 2008.