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Latest Subsidy Stories

2011-10-11 20:18:06

Governments should target aid towards individual households threatened with poverty because of soaring food costs rather than intervene in the markets to try to lower prices, according to research funded by the Economic and Social Research Council (ESRC). Governments in poorer countries should pay cash benefits directly to poor families instead of interventions such as price subsidies or controls. This type of interference causes distortions of the food markets and does not help the...

2011-08-18 07:30:00

WEIFANG, China, Aug. 18, 2011 /PRNewswire-Asia/ -- Xinde Technology Company (OTCBB:WTFS.OB), a large scale group specialized in producing diesel engines, diesel generators, diesel engine fuel injection systems and related products, reported today that since being qualified for a national subsidy in 2010, the 6-line and 8-line ride-style-type rice transplanters manufactured by its Huaxin Diesel Engine subsidiary through the first half of 2011 have reached the 5000 unit sales mark,...

2011-06-01 12:30:00

WASHINGTON, June 1, 2011 /PRNewswire-USNewswire/ -- With Congress poised to move forward on more taxpayer-backed loan guarantees for nuclear, wind, solar, "clean coal" and other energy sources, leading U.S. taxpayer and conservative groups cautioned today that America can ill afford such subsidies in the face of a $1.65 trillion deficit and a $14 trillion national debt. President Obama has requested a $36 billion increase for the Title XVII Loan Guarantee program. Appropriators will...

2011-03-31 09:30:00

CHICAGO, March 31, 2011 /PRNewswire/ -- A World Trade Organization final case ruling published today confirms the massive market advantage Airbus has enjoyed from billions in illegal government subsidies provided to fund the company's commercial airplane product line since its inception more than 40 years ago. "This WTO ruling shatters the convenient myth that European governments must illegally subsidize Airbus to counter U.S. government assistance to Boeing," said J. Michael...


Word of the Day
sough
  • A murmuring sound; a rushing or whistling sound, like that of the wind; a deep sigh.
  • A gentle breeze; a waft; a breath.
  • Any rumor that engages general attention.
  • A cant or whining mode of speaking, especially in preaching or praying; the chant or recitative characteristic of the old Presbyterians in Scotland.
  • To make a rushing, whistling, or sighing sound; emit a hollow murmur; murmur or sigh like the wind.
  • To breathe in or as in sleep.
  • To utter in a whining or monotonous tone.
According to the OED, from the 16th century, this word is 'almost exclusively Scots and northern dialect until adopted in general literary use in the 19th.'
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