SAN JOSE (Reuters) – The World Bank approved a new $500 million loan to Costa Rica aimed at strengthening support for the government’s budget, according to a statement from the …
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Business News
Russian officials seek to streamline budget spending, but disagree on tax hikes
by Reutersby ReutersBy Darya Korsunskaya and Alexander Marrow MOSCOW (Reuters) – Faced with a $42 billion budget hole so far this year, Russian officials on Thursday acknowledged the need for more efficient …
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Business News
Canadian budget carrier reaches leasing deal for two 737 MAX jets after lessor spat
by Reutersby Reuters(Reuters) – Flair Airlines said on Wednesday it is leasing two more Boeing 737 MAX jets to meet rising travel demand, after the Canadian budget carrier lost access to four …
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Sen. Declan O’Scanlon’s bill that unifies services for crime victims within the newly created Division of Violence Intervention and Victim Assistance (VIVA) in the Department of Law and Public Safety …
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Business News
US budget deficit mushrooms in May as revenue falls, Medicare outlays jump
by Reutersby Reuters(Reuters) – The U.S. budget deficit swelled in May from a year earlier as revenue tumbled and Medicare spending surged, the Treasury Department said on Monday in its first monthly …
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Business News
Iraq approves record $153 billion budget including big public hiring
by Reutersby ReutersBy Ahmed Rasheed and Timour Azhari BAGHDAD (Reuters) -Iraq’s parliament on Monday approved a 2023 budget of 198.9 trillion dinars ($153 billion) that sets out record spending on a growing …
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New Jersey News
Senate Republicans Propose FY 2024 Budget Plan with $6 Billion of New Tax Relief, More Debt Reduction, Spending Moderation & Greater Transparency
The Republican members of the Senate Budget & Appropriations Committee proposed more than $6 billion of new tax relief, $1 billion for debt reduction, and greater transparency and fairness in …
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
‘Why Not Cough It Up?’: Larry Kudlow Suggests Cutting DOJ’s Budget If They Don’t Hand Over Biden Bribery Docs
‘Why Not Cough It Up?’: Larry Kudlow Suggests Cutting DOJ’s Budget If They Don’t Hand Over Biden Bribery Docs Harold Hutchison on June 5, 2023 Fox Business host Larry Kudlow …
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Business News
German finance ministry steps up 2024 budget pressure on ministries
by Reutersby ReutersBERLIN (Reuters) – Germany’s Finance Ministry has informed the other ministries of what budget funds will be available to them next year, it said on Friday, stepping up the pressure …
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Opinion - EditorialPoliticsTop HeadlinesTrending NewsUS and World News
‘Totally Inadequate’: DeSantis Blasts McCarthy Over Budget Deal For ‘Careening Towards Bankruptcy’
‘Totally Inadequate’: DeSantis Blasts McCarthy Over Budget Deal For ‘Careening Towards Bankruptcy’ Harold Hutchison on May 29, 2023 Republican Gov. Ron DeSantis of Florida ripped House Speaker Kevin McCarthy on …
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Business News
Canada’s 2022-23 fiscal year budget deficit shrinks to C$41.31 billion
by Reutersby ReutersOTTAWA, May 26 (Reuters) – Canada’s budget deficit in fiscal 2022/23 shrank to C$41.31 billion ($30.89 billion) from C$95.57 billion in the previous year as a post-pandemic economic rebound spurred …
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BRASILIA (Reuters) – Brazil’s finance ministry forecast a primary budget deficit of 136.2 billion reais ($27.22 billion) this year, compared to 107.6 billion reais projected in March, according to its …
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Business News
Japan govt eyes new budget account focused on childcare spending – media
by Reutersby ReutersTOKYO (Reuters) – Japan’s government may set up a new budget account to manage spending linked to childcare funding reforms, the Nikkei business daily reported on Monday. Prime Minister Fumio …
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Business News
Explainer-What are Russia’s options for managing its widening budget deficit?
by Reutersby ReutersBy Darya Korsunskaya and Alexander Marrow (Reuters) – As Russia’s military spending soars and sanctions squeeze its energy revenues, Moscow faces a battle to keep its budget deficit in check, …
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Business News
Biden likely to get another update on budget talks on Friday -spokesperson
by Reutersby ReutersHIROSHIMA, Japan (Reuters) – U.S. President Joe Biden is likely to get another update from his team on budget negotiations with Republicans on Friday night in Japan, where he is …
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US and World News
G7 leaders’ statement: Ukraine has budget support for 2023 and early 2024
by Reutersby ReutersHIROSHIMA, Japan (Reuters) – Group of Seven (G7) leaders on Friday said they had ensured that Ukraine had the budget support it needs for this year and early 2024 as …
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Brooklyn Kosher liquor store buys license in Toms River for $1.6 million, helping Mayor balance budget
by Phil Stiltonby Phil StiltonTOMS RIVER, NJ – At Wednesday’s township council meeting, Toms River officials said they did not know the name of the business that purchased the distribution liquor license, one of …
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Business News
Russia’s defence spending jumped 282% y/y to $26 billion in Jan-Feb -budget data
by Reutersby Reuters(Reuters) – Russia spent 2 trillion roubles ($26 billion) on defence in January and February alone, a 282% jump on the same period a year ago, data on the budget …
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US and World News
Israeli cities strike over tax plan as budget deadline looms
by Reutersby ReutersBy Ari Rabinovitch and Steven Scheer JERUSALEM (Reuters) – Many of the biggest and wealthiest cities in Israel went on strike on Monday over a plan to reallocate their tax …
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Business News
Russia’s Jan-April budget deficit hits $44 billion as energy revenues plunge
by Reutersby Reuters(Reuters) – Russia’s federal budget recorded a 3.4 trillion rouble ($43.8 billion) deficit in the first four months of the year, the finance ministry said on Wednesday, as Moscow continued …
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Business News
Australian government rejects concerns budget may worsen inflation
by Reutersby ReutersBy Renju Jose SYDNEY (Reuters) – Australia’s Labor government said on Wednesday the billions in cost-of-living relief unveiled in the federal budget for families and businesses will not worsen inflationary …
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SYDNEY (Reuters) – Australia is set to deliver its first budget surplus in 15 years on Tuesday, as its coffers bulge with tax windfalls from higher commodities prices and wages, …
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Business News
Australian govt pledges $10 billion in budget to ease cost of living
by Reutersby ReutersSYDNEY (Reuters) – Australia’s centre-left Labor government said on Monday it would include A$14.6 billion ($9.84 billion) over four years in the federal budget for cost of living relief for …
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Business News
Australia to predict lower unemployment, higher wages in looming budget
by Reutersby ReutersSYDNEY (Reuters) – Australia’s government is set to cut its forecasts for inflation while also predicting lower unemployment for longer in 2023/24 budget next week, a mix that it hopes …
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Business News
Australia budget to trim forecast for cost of servicing debt for next three years
by Reutersby ReutersBy Lewis Jackson SYDNEY (Reuters) – Australia has lowered its forecast for the cost of servicing government debt over the next three years, though the government still sees annual repayments …