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Latest China economic stimulus program Stories

2010-02-01 07:15:00

WHITE PLAINS, N.Y., Feb. 1 /PRNewswire/ -- Since the February 2009 signing of the American Recovery and Reinvestment Act (ARRA) many communities have taken advantage of the available funding to implement infrastructure projects. National environmental engineering and consulting firm Malcolm Pirnie, Inc. has been a critical link for clients in helping them quickly utilize the stimulus monies to execute crucial programs and projects. (Logo:...

2009-08-13 12:28:44

Officials in West Virginia and Alaska say their states were not rushed to grab their portion of the $787 billion federal stimulus package. The recession hit West Virginia later, Matt Turner, a spokesman for Gov. Joe Manchin, told USA Today. Jack Kreinheder, a state budget official, said so far a delay in receiving the federal aid is not causing us any kind of severe problems. President Barack Obama said in June he was not satisfied with the pace of stimulus spending and promised to speed up...

2009-08-07 07:53:02

Pundits, politicians and economists are debating the effects of the $787 billion U.S. stimulus spending plan six months after it was signed into law. White House officials have declared the spending plan a success, although its effect on the unemployment rate has been delayed as the first wave of funding went to tax cuts, health care and an extension of unemployment benefits, The New York Times reported Friday. Still, Allen Sinai, chief economist at Decision Economics said, the signs of the...

2009-03-11 12:24:00

EBENSBURG, Pa., March 11 /PRNewswire/ -- L. Robert Kimball & Associates President and CEO Jeff Kimball today said the American Recovery and Reinvestment Act will be a major boost to the engineering and construction industries, despite the final legislation's shift to provide a greater proportion of stimulus in the form of tax cuts. The Kimball organization, one of America's leading providers of architecture, engineering and technology services, analyzed the stimulus plan and expects it...

2009-02-03 11:56:57

The Chinese government said it released $19 billion in new funding from the $570 billion stimulus package passed in November. The National Development and Reform Commission didn't reveal where the funds would be spent but newspaper reports said the funds would go to low-income housing, pubic infrastructure projects, health and education and environmental projects, Xinhua reported Tuesday. China spent about $14 billion from the stimulus bill in the fourth quarter. Economic growth fell to 6.8...


Word of the Day
omphalos
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.
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