InfoAnda - British PM seeks to calm fears over budget cuts

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

U.S. defense chief says pre-emptive action possible over cyber threat | | 12 October 2012
Palm oil giant Sime Darby ventures into Africa | 26 January 2011
Kabul silent over Obama's Afghan war review | | 17 December 2010

French Scientists See Earth-Venus Collision In Distant Future | 12 June 2009

Forum Views () Forum Replies ()

Read more with google mobile : British PM seeks to calm fears over budget cuts

Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Africa Europe Latin America Middle East North America British PM seeks to calm fears over budget cuts AFP - Monday, October 4 Send IM Story Print British PM seeks to calm fears over budget cuts BIRMINGHAM, United Kingdom (AFP) - – British Prime Minister David Cameron on Sunday defended budget cuts as necessary to prevent a Greek-style meltdown as his Conservative Party kicked off its annual conference. Two weeks before Cameron's government unveils a spending review likely to force many departments to slash spending by 25 percent, the premier also tried to reassure Britons over their impact, while acknowledging hard times ahead. The conference in Birmingham, central England, is the centre-right Conservatives' first since they took power in a coalition government with the centrist Liberal Democrats in May after 13 years in opposition. Their biggest challenge is to tackle Britain's record deficit of 154.7 billion pounds (188 billion euros, 242 billion dollars) bequeathed by the previous Labour government. In a round of pre-conference interviews, Cameron said the coalition had inherited a "complete mess" from his predecessor Gordon Brown but that its emergency budget in June had taken Britain "out of the danger zone". "We were linked with Portugal, Greece and Spain, those countries that were at risk of a credit downgrade with interest rates going up," Cameron told the BBC. "We've taken Britain out of that danger zone and our interest rates have gone down." In an interview with the News of the World, he suggested that the cuts may not be as painful as some fear. "Let's put these cuts into perspective," Cameron said. "Many businesses have had to make far greater reductions than us in one year." He also indicated that agreement had been reached in government on controversial measures to reform the welfare system, which accounts for a large chunk of annual state expenditure. This will happen through the introduction of a "universal credit" in a bid to get people off benefits and working instead. Cameron also promised he "will not take any risks" with Britain's military amid tensions with his Defence Secretary Liam Fox over plans to cut the defence budget. Elsewhere, he acknowledged that there were "challenges ahead" -- and that some Tories were disappointed the party was forced to team up with former arch-rivals the Lib Dems to form a government and the resulting "compromises". Finance minister George Osborne will reveal full details of the spending cuts in a comprehensive spending review on October 20. He is to address the conference Monday. In a sign of likely resistance ahead, several thousand trade unionists and students took to the streets of Birmingham to demonstrate noisily against the cuts, burning red flares and chanting "Tory scum" amid a heavy police presence. The march drew people from around Britain and passed directly outside the conference venue hosting the Conservative conference. Last month, unions voted in favour of possible coordinated strike action against the cuts and a national campaign against the scale of the planned reductions. As Cameron sought to offer reassurance over the cuts, though, former finance minister Kenneth Clarke, Cameron's justice secretary, warned that Britain still risked falling back into "double dip" recession. "I'm at the more pessimistic end. I'm not sunnily optimistic about where the Western economy is going," he told The Observer newspaper. But Cameron dismissed talk of a new recession and said that the coalition government would press on with its reforms despite opposition criticisms that the cuts would hinder growth. The Conservative conference comes after main opposition Labour last month elected former climate change secretary Ed Miliband as their new leader to replace Brown. A BPIX poll in The Mail on Sunday newspaper put the Conservatives on 41 percent support, Labour on 37 percent and the Lib Dems on 13 percent. The survey of 2,061 people was conducted on Thursday and Friday. Recommend Send IM Story Print Related Articles President implicates group outside Nigeria in bomb blasts AFP - 1 hour 30 minutes ago Palestinians want to keep peace talks alive: US envoy AFP - Monday, October 4 Group outside Nigeria behind blasts: president AFP - 2 hours 40 minutes ago Pope warns against 'deadly path' in Mafia heartland Sicily AFP - 27 minutes ago Mexico roiled by grenades, kidnappings in bloody weekend AFP - 30 minutes ago News Search Top Stories Top economist warns of European 'wave of austerity' Greece to keep to bailout terms in 2011 budget: minister Europe draw level with US in rain-hit Ryder Cup Bosnian voters hope elections will bring change US contemplating travel alert for Europe More Top Stories » ADVERTISEMENT Most Popular Most Viewed Most Recommended Mix of sadness, triumph as Brazil's Lula makes his exit Foreclosures bungle could hit US banks China's Wen calls on EU to help it reform financial system US contemplating travel alert for Europe Schwarzenegger, California lawmakers in budget deal More Most Viewed » US state executes first woman in nearly 100 years 'Time bomb' superbug requires global response: doctor Workers swarm Europe's streets in anti-cuts protests More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo! Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos World Cup 2010 Yahoo! News Network Copyright © 2010 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

Other News on Monday, 4 October 2010
Pakistan to reopen NATO supply line 'relatively quickly'
US issues travel alert for Europe
Iran cleans industrial computers of stuxnet virus
Turkish minister accuses EU of political intrigues
India restores pride with Games opening show |
Greece to keep to bailout terms in 2011 budget: minister
Pope warns against 'deadly path' in Mafia heartland Sicily
Israeli police kill Palestinian in East Jerusalem
British PM seeks to calm fears over budget cuts
Europe draw level with US in rain-hit Ryder Cup
Visteon Completes Reorg, Exits Chapter 11 Bankruptcy
'Islam now part of Germany': president
Iraq crackdown on bombers brings silenced killings
Chavez vows to radicalize after Venezuela election |
Israel convicts troops who made boy search for bombs
WWII French leader 'widened anti-Jewish law'
Afghanistan bans foreign security firms
Pope dismays anti-Mafia activists on Sicily visit |
Afghan starts to close private security firms
Foreign-based group behind Nigeria bombs: president |
2 NATO service members killed in Afghanistan
U.S. warns of possible attacks in Europe
Police arrest engineer in Indonesia train crash
"The Social Network" finds friends at box offices
Indian wunderkind steals hearts at Games' show
US-ENTERTAINMENT Summary
New York opera houses woo new fans with edgier fare
S.Africa will not sign S.Korea nuclear power deal: official
Europe-Asia summit looms under Japan-China shadow
The Social Network finds friends at box offices |
Brazil vote goes to runoff as Rousseff falls short |
'Islam now part of Germany': president
Mexican drug war crimes go live on the Internet
Census surveys vast body of global marine life
Pakistan militants vow more attacks on NATO supplies |
Top economist warns of European 'wave of austerity'
Moscow ex-mayor not planning legal battle: report |
US-TECH Summary
India restores pride with Games opening show |
Japan government support slides on handling of China row |
Disney names two execs to head digital business
Bosnian wartime leader's son to become president |
Viktor Bout wears flak jacket to Bangkok court
Freedom of speech 'indispensable': China's premier
Minimum and maximum temperatures in Celsius
Syria seeks arrests over Hariri probe: general |
Fiji opposition head freed, vows to fight charges
U.S. warns of possible attacks in Europe
N.Korea's Jong-Un was in China with father: report
Former United Artists head Andy Albeck dies at 89
China's Great Wall crumbles as tourism soars
Japan government support slides on handling of China row
Support for Japan PM falls sharply over China row
Japan miss Prix de l'Arc de Triomphe bullseye again
N.Zealand says unions should not hold 'Hobbit' to ransom
Pakistan militants vow more attacks on NATO supplies
Verizon Wireless to pay refunds for billing errors |
Winston Churchill enters British pop charts
LG Elec says Android 2.2-based tablet plan dropped |
Three dead in Pakistan capital, 20 NATO trucks set on fire
'Social Network' fast-friends box-office success
Disney names two execs to head digital business |
'Merchant of Death' back in Thai court
Paris hosts gothic ball for Givenchy
Phoenix Bus Transportation Strike Looming
To Improve Group Intelligence Just Add Women Study Says
Emanuel Officially Announces Bid For Chicago Mayor
Galliano's 1920s muse, Celine's sober sophistication
Global steel production may plateau in 5 years
S.Korea spotted buying dlrs to cap won
Seoul shares up 0.1 pct on banks, foreign buying
Pakistani c.bank sells 6 bln rupees of T-bills
PAKISTAN
India's JSW Steel seeks investment in Japan's JFE
CORRECTED-New Zealand commodity prices rise in September
Seoul shares advance on foreign buying, banks
Social Network passes first test with Oscar voters |
S.Korea bonds steady ahead of 3-yr treasury auction
Winston Churchill enters British pop charts |
The Social Network finds friends at box offices |
Court decides who owes Nash money to Don Johnson |
Former United Artists head Andy Albeck dies at 89 |
New Zealand offers to mediate Hobbit union spat |
Syria orders 33 arrests over Hariri probe: general
Dutch anti-Islam MP' hate speech trial adjourned
LG Elec says Android 2.2-based tablet plan dropped
Korans burnt in West Bank mosque attack |
Article not found
"Day And Knight" Coming To Blu-Ray, DVD November 30
Ethiopia's Meles sworn-in as PM after May elections |
Iraq oil reserves overtake Iran
Coca-Cola Acquires North America Unit, Expands To Europe
Europe seeks closer role with Asia giants
Xoom Now Offering Dollar-to-Dollar Service To Philippines
Thai court stalls U.S. bid to extradite Viktor Bout |
Big Swiss banks 'must face tougher capital hurdle'
Study: Preteen Babysitters Can Handle Emergencies
Taliban claim deadly NATO tanker blaze in Pakistan
Afghan civilians killed in foreign air strike: police |
Tennessee Man Charged With Arson Threat To Congressman
Dutch anti-Islam lawmaker challenges race trial judges |
Jordin Sparks Announces New Affordable Scent
Thai court stalls U.S. bid to extradite Viktor Bout
Brazil presidential race goes to runoff
LG Elec says Android 2.2-based tablet plan dropped
Bosnia vote points to deadlock on ethnic lines |
Korans burnt in West Bank mosque attack
Study Links Asthma, Food Allergies
Health giant Sanofi-Aventis launches bid for Genzyme
Latvia PM woos Russian opposition after vote win |
Europe woos Asia to boost global role
Walnuts May Lower Blood Pressure
NATO troop killed in south Afghanistan bomb blast
"The Social Network" Tops Box Office Weekend; "Wall Street" Drops To 3rd
NATO soldier killed in Afghanistan bomb blast
UN climate chief urges Chinese flexibility
Syria seeks arrests over Hariri probe -general
Japan PM rival to be charged, clouding comeback
CORRECTED
Afghan starts to close private security firms
"Merchant of Death" extradition stalls in Thai court
Japan's 'shadow shogun' faces indictment over scandal
S.Korean police showcase strength before G20 summit
UN climate chief urges quick action as China talks open
Ungaro throws Paris garden party
George Michael denies special treatment in jail
Polish archive, Israeli spar over father's Holocaust diary
Toshiba to launch 'world's first' glasses-free 3D TV
New Zealand offers to mediate "Hobbit" union spat
Pakistani rupee firms up; stocks, o/n rates flat
Rwanda working to curb population explosion
Court decides who owes "Nash" money to Don Johnson
India's Tata Motors up share sale to $750 million
Former United Artists head Andy Albeck dies at 89
Malaysia mulls cutting diesel subsidy to boost biofuel
Michelle Yeoh returns to martial arts film genre
Malaysia's Petronas profit up 60% in first quarter
"Social Network" passes first test with Oscar voters
George Michael denies special treatment in jail |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph		BlogMeter 1.01