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abcnews.go.comColombia's next administration said it will tighten fiscal policy, cut government spending, pursue tax reform to spur investment and restart oil drilling. The steps aim to strengthen public finances. @business reported the plans.
news.sky.comChancellor Rachel Reeves endorsed Andy Burnham to replace Keir Starmer and urged continuity on fiscal policy during a 25 June speech. Starmer announced his resignation three days earlier after losing Labour support.
news.sky.comDevelopment of the Buchan oil and gas field, estimated to hold 100 million barrels, has been postponed from an original 2026 target amid ongoing UK government consultations on fiscal policy and scope three emissions regulations. The joint venture partners said uncertainty risks b…
redir.folha.com.brSeveral countries have implemented tax cuts and subsidies on energy to address high costs affecting households and businesses. These measures, taken in response to the war in the Middle East, have added to public debt levels. The International Monetary Fund has advised caution in…
Substrate placeholder — needs reviewVanessa Williamson, a senior fellow at the Brookings Institution, discussed the Trump administration's policies affecting the US government's ability to raise revenue. She addressed these issues in a recent Foreign Affairs article. The discussion covers fiscal policy changes and…
SemaforAnalysts have stated that most economies face constraints due to elevated debt-to-GDP ratios stemming from the COVID-19 pandemic. These ratios reduce governments' capacity to address energy price shocks caused by geopolitical conflicts. The situation affects fiscal policy options…
Substrate placeholder — needs reviewJapan's Finance Minister Satsuki Katayama stated that fiscal policy will be managed cautiously. The approach involves monitoring interest rate trends and broader economic factors. This comes amid ongoing economic challenges in Japan.
Substrate placeholder — needs reviewA report from the New Hampshire Fiscal Policy Institute indicates that property tax burdens in New Hampshire differ significantly between municipalities due to local spending levels and taxable property bases. For a $500,000 home, annual taxes range from $1,310 to $18,270 across…
japan-forward.comJapan's Finance Minister Katsunobu Katayama emphasized the need to maintain market trust in fiscal policy management. He announced that Prime Minister Shigeru Ishiba will discuss matters with an oil-producing nation today. Katayama stated that Japan must respond to economic condi…
realclearmarkets.comFederal Reserve Chair Jerome Powell stated that the US does not need to reduce its national debt but requires achieving primary balance and improving economic growth. He warned that failure to act soon could lead to unfavorable outcomes. The comments were made in the context of o…
Substrate placeholder — needs reviewIran has maintained oil exports above 1 million barrels per day despite US sanctions imposed since 2018, according to Bloomberg's Javier Blas. This endurance contrasts with vulnerabilities in the global economy and US fiscal policy under President Donald Trump. The situation high…