But shadow chancellor Ed Balls said Mr Osborne had failed the "first economic test" he set himself as chancellor and was himself now "downgraded".
For instance, a fiscal instrument might replace the economic needs test, so often used to keep out immigrants whose skills are already available locally.
Because X Co. intends to pay the 2012 accrued bonus liability prior to March 15, 2013, the payments will not be treated as deferred compensation, and thus satisfy the economic performance test.
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This is the ultimate test of economic diplomacy and arguments about the peace dividend: does trade, once established politically, have the power to sustain itself and to maintain peaceful, open borders even as political environments change?
The market is likely to get a good test from the economic data this week.
This is the real test of global economic co-operation for the rich countries: to lead by example.
It will mean a small number of jobs and economic output, and a test case for American electronics manufacturing from the most-talked about company in tech.
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Shadow treasury minister Chris Leslie said the news was "yet another blow to a downgraded chancellor who made keeping the confidence of the credit rating agencies the number one test of his economic policy".
Then we will see a clearer test of the two economic systems.
Wrong-headed as it often seems, it is hard to put down, and economic liberals would do well to test their ideas against it.
If test wells prove safe and economic, commercial methane production could begin as early as 2016.
The answer to that question is a simple test: can they ignite economic growth?
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On the issues, Cain appears to pass every Tea Party test on both social and economic matters.
Most recently, IWV commissioned a study in Colorado, which began with a baseline survey of 800 Independents to test their knowledge about key economic facts.
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One test of the Obama administration's economic philosophy is whether it is as eager to take advantage of that opening as some of the others now before it.
" Ronovech goes on to explain that, despite the semiconductor industry being out of favor due to concerns about the global economic slowdown, he expects that "even a modest continuation of global economic recovery should drive growth in demand for semiconductor test equipment in 2011.
SC2 pilot cities were selected on the basis of economic need, strong local leadership and collaboration, potential for economic growth, geographic diversity, and the ability to test the SC2 model across a range of environments.
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The biggest test will come in how Mr Bush reshuffles his economic team.
The police authority said Mr Crompton had "fantastic credentials and experience" and faced a "difficult test in guiding South Yorkshire Police through a tough economic climate".
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The book is also something of a Rohrschach test for reviewers who either favor or oppose the Democratic economic platform.
Of course, politicians are never far away from banking related matters and German Chancellor Angela Merkel said yesterday that the European Union will disclose the test results showing how individual banks would hold up to economic and market shocks, on July 23rd both in the aggregate and individual level.
The Federal Reserve oversees the test which measures how bank capital levels would fare under strained economic conditions.
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Obama faces his first test with Congress on Wednesday when the House of Representatives votes on his economic recovery plan.
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The date of the elections will be set later by the country's Election Commission, but is widely expected to come within a few weeks and will test whether UMNO's traditional political planks of race, religion and economic stewardship can overcome the opposition's pitch for a more open and transparent society in the Muslim-majority Southeast Asian country.
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The US imposed economic and military sanctions on India (and Pakistan) when it carried out its nuclear test in May 1998, and has since pressed both countries to sign the Comprehensive Nuclear Test Ban Treaty - but to no avail.
Assuming the relation between test scores and future growth is indeed causal, the OECD study also works out the economic benefits of improving cognitive skills by the equivalent of nine months' worth of schooling.
The BCC will test all five scenarios regularly throughout 2013 and 2014 to establish whether businesses' views on the potential economic impacts change over time.
On one test, however, the conditions are clearly not right: Britain is near the top of its economic cycle, while the big continental economies are only part of the way up.
This has become the key test of India's openness to the world, at a time when the country's economic growth has been slowing and the nervousness of international investors is a brake on development.
Instead, he said, increased economic sanctions against North Korea are likely the only path the Obama administration can pursue in response to any rocket test by Pyongyang, which would be in violation of United Nations Security Council resolutions.
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