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Austerity measures are often used by governments that find it difficult to borrow or meet their existing obligations to pay back loans. The measures are meant to reduce the budget deficit by bringing government revenues closer to expenditures.
"Austerity" turned out to be the word most searched for in the Merriam-Webster online dictionary in 2010. The term means having "enforced or extreme economy." And it's the opposite of that very ...
Austerity urbanism is a relatively recent notion that refers to urban planning projects emerging from crisis situations. [1] Such initiatives are often temporary ...
This meant that the richest 20% of the population were largely protected, and the 2015 Conservative general election victory is credited to this tactic. During the second austerity period, a wider group than before were affected by the resulting cost-of-living crisis.
In honor of the Merriam-Webster dictionary naming "austerity" as its most-referenced "word of the year" for 2010 -- it means "enforced or extreme economy" by the way -- WalletPop has compiled a ...
Donald Trump and his running mate J.D. Vance. Donald Trump recently announced that he was thinking about declaring a national emergency once he moves into the White House in order to give himself ...
Austerity is a policy of deficit-cutting, which by definition requires lower spending, higher taxes, or both. Austerity or Austere may also refer to: Music.
Candidate Pier Luigi Bersani won enough votes in the Italian election to control a part of parliament. Aged and oft-elected prime minister Silvio Berlusconi took defacto control of the senate.