Tag: Fiscal policy
Europe’s stimulus likely to keep running as economies reopen
FRANKFURT, Germany — The European Central Bank is expected to leave its stimulus efforts running at full steam Thursday — even as the economy...
Biden says jobs report bolsters case for government spending
President Joe Biden portrayed the May jobs report as a jumping off point for more spending on infrastructure and education to keep growth going...
Biden says jobs report bolsters case for government spending
President Joe Biden portrayed the May jobs report as a jumping off point for more spending on infrastructure and education to keep growth going...
USDA sending $1B in funding to country’s food bank networks
WASHINGTON — The Department of Agriculture is sending $1 billion to the country's food bank networks, seeking to expand the reach of the system...
Germany says economy may grow 4% this year as pandemic eases
BERLIN — The German economy, Europe's biggest, may grow up to 4% this year as the coronavirus pandemic recedes, a senior official said Thursday.
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Former banker Guillermo Lasso becomes president in Ecuador
QUITO, Ecuador — Former banker Guillermo Lasso was sworn in as president of Ecuador on Monday, saying he will escalate efforts to vaccinate people...
Japan’s economy shrinks 5.1% as pandemic dries up spending
TOKYO — The Japanese economy contracted at an annual rate of 5.1% in January-March, slammed by a plunge in spending over the coronavirus pandemic,...
Cyprus president unveils ‘ambitious’ economic stimulus plan
NICOSIA, Cyprus — Cyprus' president on Monday unveiled a 4.4 billion-euro ($5.34 billion) economic stimulus plan, which he described as the “most ambitious ever”...
Biden plan would pick winners, losers in move to green jobs
WASHINGTON — In Georgia, school bus-maker Blue Bird has visions of going from selling a few hundred electric buses annually to 15,000. In Michigan,...
Australia plans big defense and security investments
CANBERRA, Australia — The Australian government released a big-spending economic plan for the next fiscal year on Tuesday that includes hefty investments in defense...