Tag: National budgets
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...
Minnesota Legislature struggles for compromise on policing
MINNEAPOLIS — Negotiators in Minnesota’s divided Legislature on Monday kicked off what's sure to be a long and contentious debate over whether further police...
UK government facing mounting criticism over aid budget cuts
LONDON — The British government faced mounting criticism Wednesday over its planned cuts to overseas aid spending as leaked details point to big reductions...
UK sees budget deficit rise to highest rate since 1946
LONDON — Britain has seen its budget deficit rise during the coronavirus pandemic to its highest level since the year after the end of...
UN concerned over halt of oil production in eastern Libya
CAIRO — The United Nations voiced concern Thursday over the recent halt of oil production at a Libyan eastern terminal and more imminent shutdowns...
US budget deficit jumps to record $1.7 trillion this year
WASHINGTON — The U.S. government's budget deficit surged to an all-time high of $1.7 trillion for the first six months of this budget year,...
EXPLAINER: Senate eyes budget rule to push past filibuster
WASHINGTON — With the Senate split 50-50, leaders of the Democratic majority are looking for ways to advance their priorities and President Joe Biden's...
McConnell downplays need for aid to home state’s government
LEXINGTON, Ky. — U.S. Senate Republican leader Mitch McConnell downplayed a new infusion of federal relief for his home state's government, questioning the need...
German Cabinet approves 2022 budget plan with more new debt
BERLIN — Germany's Cabinet on Wednesday approved 2022 budget plans that will see rules against running up new debt suspended for the third consecutive...
Survey: Business economists favor increased federal spending
WASHINGTON — A majority of business economists think the recovering economy will benefit from much more government spending despite concerns in financial markets that...
