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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
cock-a-hoop
  • Exultant; jubilant; triumphant; on the high horse.
  • Tipsy; slightly intoxicated.
This word may come from the phrase 'to set cock on hoop,' or 'to drink festively.' Its origin otherwise is unclear. A theory, according to the Word Detective, is that it's a 'transliteration of the French phrase 'coq a huppe,' meaning a rooster displaying its crest ('huppe') in a pose of proud defiance.' Therefore, 'cock-a-hoop' would 'liken a drunken man to a boastful and aggressive rooster.'
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