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Tag: cuts
Budget deal cuts EU energy spending, promises climate focus
2013-02-08 20:56:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: An EU budget haggled out in marathon talks on Friday cut deeply into a new transport and energy fund and sacrificed ambition to make farming greener, but broke ground by committing a fifth of spending to the climate. Spending for cross-border transport, energy and telecoms projects was one of the main victims of the focus on austerity. It was chopped to just under $40.14 billion, down from an initial proposal that had earmarked 50 billion. "This is at least a door opener for interconnecting...
Tags: focus
energy
deal
budget
9 Suggestions For Looming Crop Insurance Cuts
2013-02-08 18:37:00| Corn & Soybean Digest
Source: Farmgate blog March 1 is when across-the-board 8.2% budget cuts will occur, termed in Washington as the sequester. It is part of a $1.2 trillion budget cut over 10 years, and the USDA share of that is nearly $5 billion/year, with half of that to come out of USDA spending before of the end of the federal fiscal year. So far there is no word from USDA or the White House Office of Management and Budget where the cuts would come, but the most expensive single farm program is crop insurance, which undoubtedly would be pared. read more
Tags: insurance
suggestions
cuts
crop
ThyssenKrupp Sees Jobs Cuts in Revamp of European Steel Unit
2013-02-08 15:54:06| Steel - Topix.net
German steel and engineering conglomerate ThyssenKrupp AG will drastically reduce headcount in its European steel unit in a move to alleviate margin pressure amid the region's sluggish demand and new competition from Russia.
Tags: jobs
unit
european
steel
US: Ann cuts full-year outlook on Hurricane Sandy
2013-02-08 15:08:00| Daily apparel & textile news and comment - from just-style.com
US women's wear retailer Ann Inc has lowered its full-year earnings guidance after Hurricane Sandy and increased promotions at its Loft division resulted in lower-than-expected fourth-quarter sales.
VIDEO: EU budget summit wrestles over cuts
2013-02-08 08:05:58| BBC News | Business | UK Edition
EU leaders are edging towards a compromise deal on the 2014-2020 budget after all-night talks, officials say.
Tags: video
budget
cuts
summit
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